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faltersainse [42]
4 years ago
5

If 135 TV's are sold and cost $275 to produce and is priced at $250, what is the profit/loss?

Business
1 answer:
AleksandrR [38]4 years ago
6 0

Answer:

$25

Explanation:

The production cost is $275.

The selling price is $250

The loss/profit will be: Selling price minus cost price

=$250 - $275

=  -$25

A loss of $25.

If this is the cost for all the 135 TVs, then the loss is only $25.

N:B

If the costs are for one TV, then the loss will be $25 x 135=$3,375

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Tcecarenko [31]

Answer:

a. product platform

Explanation:

Product platform -

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The method is used to -

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Hence , from the given scenario of the question ,

The correct option is a. product platform .

4 0
3 years ago
Technology has proliferated in Kenya and Somaliland, with text messages used to replace cash, creating mobile money use that, on
Tasya [4]

Answer: True

Explanation:

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This type of activity has greatly influenced poverty reduction and the high rates that occurred when people had to send money over certain distances. In countries like Somalia, there are no longer any traces of physical money, everything is virtual. In this way, the country has achieved economic stability for years. People increasingly consume through their mobile phones, making in an easier way all kind of payments.

7 0
3 years ago
Roger inherited 100 shares of Periwinkle stock when his mother, Emily, died. Emily had acquired the stock for a total of $60,000
Serjik [45]

Answer:

Please see attachment

Explanation:

Please see attachment

4 0
3 years ago
Gordon Company reports the following information at the current fiscal year end of December 31: Common Stock, $0.10 par value pe
telo118 [61]

Answer:

$0.71

Explanation:

Calculation to determine What was the average selling price for the common stock issued

Using this formula

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Let plug in the formula

Common stock issued avarage selling price=($600,000+$98,000)/($98,000÷$0.10)

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3 0
3 years ago
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fgiga [73]

Answer:

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less than absorption costing net operating income

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Fixed overhead costs are costs that do not change with change in the volume of production activity. Rent of the production facility is an example of fixed overhead cost.

Variable costs are costs that change with change in the volume of production activity. Tax is an example of variable cost.

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3 years ago
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