Answer:
25%
Explanation:
the formula for the margin of safety is as follows
margin = current sales level -breakeven point/ current sales level x 100
expected sales unit = 20,000 units
the break-even point is fixed costs/contribution margin
fixed costs= $360,000
contribution margin = sales price- variable costs
=61-37
=24
breakeven point = $360,000/ 24
=15000
the margin of safety = 20,000-15,000/20,000 x 100
=5000/20000 x 100
=25%
Answer:
Consumers help determine what goods and services will be produced through their purchasing decisions. I think :)
Explanation:
<span>This is the situation or case of real estate dealing in which Agent fred fronts his cousin norm money to buy a client's house. shortly after the closing, agent fred flips the house and realizes a substantial profit. agent fred's actions might be describe as Self-dealing.
Self-dealing is not considered good in real estate. In self-dealing you are interested in your own benefit more than the benefit of clients. There are many methods of dealing are used by agents in real estate field.</span>
Answer:
$486,000
Explanation:
According to the scenario, computation of the given data are as follow:-
Budgeted Cash Disbursements for August
Particular Amount ($)
Direct material purchase for July ($210,000 × 30%) 63,000
Direct material purchase for August ($390,000 × 70%) 273,000
Add-wages paid 50,000
Add: Office equipment purchase 62,000
Add: Selling and administrative expenses 38,000
Total 486,000
The depreciation is a non cash expense and the same is not relevant. Hence, ignored it
Answer:
Option C.
Explanation:
Borrowed reserves = Monetary base - Nonborrowed monetary base
Borrowed reserves are the money that the Federal Reserves System member borrows from the Federal Reserve Bank to maintain the required reserve.
Amount of total currency which is in circulation in the public in the present time or the amount of currency which is held in the commercial bank deposits in the central bank's reserves is termed as Monetary Base.
The fund that is held by a financial institution in cash is termed as Nonborrowed Monetary Base.
