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3 years ago

According to surveys, the largest expense of a typical American consumer is

Business

1 answer:

CaHeK987 [17]3 years ago

5 0

Answer: A. housing

Explanation: The largest expense of a typical American consumer is for housing, accounting for 20% of a family's total income in 2018. This is due to the fact that any expenditure on housing is related to basic needs of human.

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Sarah and Luke each purchased $125 of merchandise from Owens Grocers on account. The terms of both sales were 1/7, n/30. Account

Tatiana [17]

Answer:

Sarah inventory $ 123.75

Luke inventory $ 125.00

Explanation:

Sarah

125 dollars x 1% discount = 1.25 dollars

Inventory:

125 nominal - 1.25 discount = 123.75

Sarah will enter the inventory for the price it paid to acquire it which is 123.75

Luke

As look paid after the discount period the inventory will be valued at nominal:

125 dollars nominal

the charge is considered interest expense it will not be capitalize through inventory.

7 0

3 years ago

TechPro offers instructional courses in e-commerce website design. The company holds classes in a building that it owns.

myrzilka [38]

Answer:

1. fixed and indirect

2. variable and direct

3. variable and direct

4. fixed and indirect

5. fixed and indirect

6. variable and direct

Explanation:

Fixed and variable costs

A fixed cost is expected to be constant for a short term period whilst a variable cost is expected to vary in direct proportion to the number of units produced in this case it is the individual classes.

Depreciation expense on classroom building and on computers is a fixed cost that is expected to remain constant and the instructor wage varies with the number of classes thus a variable cost.

Direct and Indirect costs

A direct cost can be directly traced to the cost object by observation whist the indirect cost can not be directly traced on a cost object.

The instructors wage is a direct cost, his effort is seen with the success of the classes whist the depreciation expenses are indirect costs.

4 0

3 years ago

Westfield Graziers packages and distributes three grades of animal feed. The material cost per tonne and estimated annual sales

7nadin3 [17]

Answer:

1. Particulars Super premium Premium Economy

Material cost $16 $12 $10

Indirect cost (40000/10000) $4 $4 $4

Total cost $20 $16 $14

Profit (100% of total cost) $20 $16 $14

Selling price $40 $32 $28

2. Yes, the price calculated in part A takes into account what customers are willing to pay. This can be said because the company has the policy of adding 100% to the total cost. This means that the company knows that customers will be willing to pay that much amount.

8 0

3 years ago

You have been placed in charge of a large project. Shortened communication lines are required to ensure quick resolution of prob

EastWind [94]

Pure Project!! i might be wrong :)

3 0

3 years ago

A company has a market capitalization of $20,000,000. It has 30% of its market cap sold under preferred stock and 70%

Kruka [31]

Answer: $6,000,000

Explanation:

Hi, to answer this question we simply have to multiply the total market capital of the company (20,000,000) by the percentage under preferred stock (30%) in decimal form.

Mathematically speaking:

20,000,000 x (30/100) = $6,000,000

Feel free to ask for more if needed or if you did not understand something.

6 0

3 years ago