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4 years ago

Explain why accurate measurement is so important in baking.

1 answer:

5 0

Accurate measurement is VERY important in banking because banking is all about exact calculations. If one balance measure is off, the entire bank report will not be acurate. One little mess up and the entire calculation goes wrong.

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Assume the following amounts: Total fixed costs Selling price per unit Variable costs per unit If sales revenue per unit increa

sineoko [7]

Answer:

The correct option is <u>c. 129,000</u>.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Assume the following amounts:

Total fixed costs. $15,000

selling price per unit. $19

variable costs per unit. $12

if sales revenue per unit increases to $21 and 16,000 units are sold what is the operating income?

a 159,000

b. 336,000

c. 129,000

d. 144,000

The explanation to the answer is now provided as follows:

Since sales revenue per unit increases to $21, we use it as the selling price and proceed as follows:

Computation of Operating Income

<u>Particular Amount ($) </u>

Sales revenue (16,000 * $21) 336,000

Variable cost (16,000 * $12) <u> (195,000) </u>

Contribution 144,000

Fixed cost <u> (15,000) </u>

Operating income <u> 129,000 </u>

Therefore, the correct option is <u>c. 129,000</u>. That is, operatin income is $129,000.

5 0

4 years ago

Barbara Muller Services (BMS) pays its employees monthly. The payroll information listed below is for January 2018, the first mo

Semmy [17]

Answer:

$13,296

Explanation:

Federal unemployment tax rate = 0.8% of 96,000 = 768

State unemployement tax rate = 5.4% of 96,000 = 5,184

Social security tax rate+medicare tax rate = 6.2%+1.45% = 7.65%

7.65% of 96,000 = 7,344

So total tax expense = 768+5,184+7,344 = $13,296

So answer is $13,296

5 0

3 years ago

A company issued a short-term note payable to a bank with a stated 12 percent rate of interest . The bank charged a .5% loan ori

Mandarinka [93]

Answer:

17%

Explanation:

If a company issued a short-term note payable to a bank with a stated 12 percent rate of interest and in addition the bank charged a .5% loan origination fee and remitted the balance to the company. The effective interest rate paid by the company in this transaction would be 17%

The effective annual interest rate is <u>the interest rate that is actually earned or paid on an investment, loan</u> or other financial product.

Hence, since the company is both paying the initial 5% and the later 12%, effectively the company is paying 17% on the note payable.

8 0

3 years ago

Read 2 more answers

Stryker Industries received an offer from an exporter for 27,000 units of product at $17 per unit. The acceptance of the offer w

Aloiza [94]

Answer:

$162,000

Explanation:

Income Statement - New Offer

Sales (27,000 x $17) $459,000

Less Variable Costs of the offer :

Variable manufacturing costs (27,000 x $11) ($297,000)

Net Income (Loss) $162,000

therefore,

the amount of income from the acceptance of the offer is $162,000

7 0

3 years ago

You are currently long in a futures contract. you instruct a broker to enter the short side of a futures contract to close your

Fantom [35]

You are currently lengthy in a futures contract. you instruct a dealer to enter the quick aspect of a futures contract to shut your position. this is referred to as short selling.

<h3>What is short future contract?</h3>

On the different hand a quick futures means a sell function which is due or unsettled as on a precise alternate date. For e.g.: if Y sells 10 Futures contracts on Stock A, then he is mentioned to have brief function on 10 such contracts thru which he can promote inventory A as per the lot dimension of the contract.

<h3>What is lengthy and quick role in futures?</h3>

Having a “long” function in a protection means that you personal the security. Investors keep “long” protection positions in the expectation that the stock will upward jostle in cost in the future. The opposite of a “long” position is a “short” position. A "short" position is typically the sale of a stock you do no longer very own

Learn more about short future contracts here:

<h3>brainly.com/question/984979</h3><h3 /><h3>#SPJ4</h3>

8 0

2 years ago