<span>Which is not a reason that buyers patronize regional marts? Fees charged for market participation are lower in regional marts. Regional marts focus on smaller sellers of products and the market in which they sell them. Because they are on a smaller scale when it comes to market domination and sales, they have lower or fewer fees being charged to them. </span>
<span>Which of the following terms is also known as the bottom line? Net </span>profit is known as the bottom line in many instances. Net profit is the the final sales dollars remaining after all expenses, interest, taxes, and dividends are subtracted from a company's total revenue.
Answer:
1) Outside Location
2) Central Location
The profit will be the same when monthly demand is 230 cars
Explanation:
Let central location be termed as location A
Let outside location be termed as location B
<u>1. Demand 200 cars</u>
Profit- Location A = (90-30) * 200 - 7000 = $5000
Profit- Location B = (90-40) * 200 - 4700 =$5300
<u>2. Demand 300 cars</u>
Profit- Location A = (90-30) * 300 - 7000 = $11000
Let x be the number of cars where profit is same,
we will equate both the profit equations
(90-30)*x - 7000 = (90-40)*x - 4700
60x - 7000 = 50x - 4700
60x - 50x = 7000 -4700
10x = 2300
x = 2300/10
x = 230 cars
Profit- Location B = (90-40) * 300 - 4700 =$10300
Answer:
The correct answer is letter "C": Landscaping around the doctor's office.
Explanation:
Cost recovery is an accounting method by which the expenses incurred in an organization -for its own benefits- is tried to be recovered. Depreciation is taken into consideration in the process but the least possible so that the return is maximized.
In that sense, only the <em>landscaping of a doctor's office </em>can be considered as a beneficial asset for the business.
Answer:
$2,250 favorable
Explanation:
The direct material price variance is computed as;
= ( Standard price - Actual price ) × Actual quantity
Given that;
Standard price = $8.75
Actual price = $8
Actual quantity = 3,000 units
Direct material price variance
= ( $8.75 - $8 ) × 3,000
= ( $0.75 ) × 3,000
= $2,250 favorable