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3 years ago

Costs that go into producing goods and services, including labor wages and purchasing intermediate goods, are called

1 answer:

8 0

B- supply and demand theory. Can't be A or C cause they state prices. Supply costs have to do with investing in wages, goods and services

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Astro Co. sold 20,500 units of its only product and incurred a $67,750 loss (ignoring taxes) for the current year as shown here.

maksim [4K]

Answer:

Break even point in dollar sales = $1,050,000

Explanation:

Break Even Point in dollar sales = Fixed Cost/ Contribution margin percentage

Contribution margin percentage = (Contribution margin/ Sales) X 100

Here we have for the year 2017

Contribution margin = $194,750

Sales = $779,000

Contribution margin percentage = ($194,750/$779,000) X 100 = 25%

Break even point in dollar sales = Fixed Cost $262,500/25%

= $1,050,000

3 0

3 years ago

Given the following owner’s income and expense estimates for an apartment property, formulate a reconstructed operat-ing stateme

scoundrel [369]

Answer:

$363,000

Explanation:

Calculation for the property’s indicate market value.

First step

Operating Statement

PGI: $66,000

(10 units x $550 x 12 month )

Less: Vacancy Loss(3,300)

(5%*66,000)

EGI:62,700

Less: Operating Expenses

Power$2,200

Heat1,700

Janitor4,600

Water3,700

Maintenance4,800

Management3,000

Reserve for CAPX2,800

Total Operating Expenses$22,800

Net Operating Income$39,900

(62,700-22,800)

Second step is to find the property’s indicate market value.

Using this formula

Market Value=NOI/ Ro

Let plug in the formula

Market Value=$39,900/11.0%

Market Value=$363,000

Therefore the property’s indicate market value is

$363,000

6 0

4 years ago

Linda is starting a new cosmetic and clothing business and would like to make a net profit of approximately 10% after paying all

stepan [7]

Is there more to this question??? What do you need to know??

7 0

3 years ago

Lambert Center began operations on July 1. It uses a perpetual inventory system. During July, the company had the following purc

svetoff [14.1K]

Answer:

Fifo Inventory $665

Moving Average= $ 606

Lifo Inventory $ 592

Explanation:

Purchases

Date Units Unit Cost Sales Units Fifo Inventory

July 1 13 $115

July 6 9

4 $115 $460

July 11 6 $122

July 14 6

4 $122 $488

July 21 7 $132

July 27 6

5 $ 133  $665

Moving Average Method

= Total Cost of Purchases/ No of items= 13*115 + 6*122+ 7*132/13+6+7

= 1495+ 732+ 924/26= 3151/26= 121. 192

No of units in the Ending Inventory= 5 * 121.192= $ 605.96

Purchases

Date Units Unit Cost Sales Units Lifo Inventory

July 1 13 $115

July 6 9

4 $115 $460

July 11 6 $122

July 14 6

4 $115 $460

July 21 7 $132

July 27 6

1 132 $132

4 $ 115 $460

5  $ 592

6 0

4 years ago

How would inventions such as the smart fitting room affect retail jobs???

Lorico [155]

Answer:

ummm because it is bigger

Explanation:

4 0

3 years ago