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3 years ago

When making a decision about housing, the first step should be?

Business

2 answers:

o-na [289]3 years ago

5 0

B) Gathering information on available housing.

Just finished my quiz on edge nuity.

Andreas93 [3]3 years ago

3 0

B. gathering information on available housing

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For Coronado Industries, sales is $3000000, fixed expenses are $700000, and the contribution margin ratio is 36%. What are the t

anygoal [31]

Answer:

Variable cost= $1,920,000

Explanation:

Giving the following information:

Sales= $3,000,000

Contribution margin ratio= 0.36

The contribution margin ratio is the dollar remaining after deducting from sales of the variable component. In 1 dollar, the contribution margin is $0.36.

In this case:

Variable cost= sales*(1-Contribution margin ratio)

Variable cost= 3,000,000*0.64

Variable cost= $1,920,000

4 0

3 years ago

In an inventory control system, the annual demand is 12,000 units, the ordering cost is GHS 30 per order and the inventory holdi

Fittoniya [83]

Answer:

Total cost per year = $1,801,860

Explanation:

Given:

Annual demand = 12,000 units

Ordering cost = $30 per order

Inventory holding cost = $3 per year

Order quantity = 1000 units

Cost per unit of the item = $150

Find:

Total cost per year

Computation:

Total cost per year = Purchase cost + Order cost + Inventory holding cost

Total cost per year = [12,000 x 150] + [12,000/1000 x 30] + [1,000/2 x 3]

Total cost per year = 1,800,000 + 360 + 1500

Total cost per year = $1,801,860

5 0

3 years ago

Which of the following would indicate an improvement in a company's financial position, holding other things constant? The curre

vitfil [10]

Answer:

The current and quick ratios both increase.

Explanation:

As we know that

The current and the quick ratio represents the liquidity position of the company whether the company is able to pay its short term obligations or debt for the twelve months or not

It can be check by determining the current ratio and the quick ratio which is

Current ratio = Current assets ÷ current liabilities

And, the quick ratio is

Quick ratio = (Current assets - inventory) ÷ current liabilities

It is always expressed in the times

So for improving the financial position we have to indicate the current and quick ratio

6 0

4 years ago

A company that produces custom bike license plates spends $5525 per month in building overhead plus $2.50 per license plate. if

vivado [14]

Calculation of Breakeven Point:

The breakeven point (units) can be calculated using the following formula:

Breakeven Point (Units) = Total Fixed cost/ (Selling Price- Variable Cost)

It is given that the company produces custom bike license plates and spends $5525 per month in building overhead plus $2.50 per license plate. The plates sell for $5.99 each.

Hence,

Breakeven Point (Units) = 5525 / (5.99-2.50) = 1583.09

Hence we can say that the company must sell 1583 plates each month before making the profit.

8 0

3 years ago

Rhys Hoskins is the president of RH Corporation (RHC). RHC has provided the following partial listing of costs incurred during A

zimovet [89]

Answer:

$306,000

Explanation:

To determine manufacturing costs, consider only those cost that can be directly traced to the product manufactured and plant related costs.

Total Manufacturing Cost Calculation :

Factory Utilities $11,400

Indirect Materials $39,500

Direct Materials $166,400

Equipment Depreciation $47,000

Direct labor $91,700

Total Manufacturing Cost $306,000

5 0

4 years ago