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3 years ago

Describe how you can spend wisely or improve your spending habits.

Business

2 answers:

Savatey [412]3 years ago

6 0

You can put your money into a saving account at the bank and you can make a budget.

Bezzdna [24]3 years ago

5 0

Explanation:

You can take out money for your fixed expenses before making the variable expenses. Make a proper list of what you need, Don't buy something which you don't need. Must spare some amount for emergency purpose. If you want to improve your budget and spending, then the best option that would save you the most money would be buying the securities for a long period of time on fixed basis. This will allow you to hold your savings with the bank, and you won't be able to take them out easily before the term period. In this way you won't think of spending that money. Also you can have an interest amount earned on these securities. In this way you can save the most money.

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The following information applies to the questions displayed below) Serendipity Sound, Inc., manufactures and sells compact disc

OlgaM077 [116]

Answer:

$25.50
90,000 units
140,000 units

Explanation:

1. Current contribution margin ratio

= (Selling price - Variable cost)/ Selling price

= (25 - 19.8) / 25

= 0.208

New Direct labor = 5.0 * ( 1 + 8%)

= $5.40

New variable cost = 19.8 + 0.4 = $20.20

To maintain 0.208

0.208 = (Selling price - 20.20) / Selling price

0.208 * Price = Price - 20.20

0.208Price - Price = -20.20

-0.792Price = -20.20

Price = -20.20/-0.792

Price = $25.50

2. Breakeven = Fixed Cost / Contribution Margin

Contribution Margin = Selling price - Variable cost

= 25 - 19.8

= $5.20

= 468,000/5.2

= 90,000 units

3. To earn $260,000;

= (Fixed Cost + 260,000) / Contribution margin

= (468,000 + 260,000) /5.2

= 140,000 units

6 0

3 years ago

Benton Engineering Services Company incurred the following during 2016 Direct labor $94,000 Overhead 126,000 Selling expenses 11

Galina-37 [17]

Answer:

Prime cost = $94,000

Conversion cost = $135,400.

Explanation:

Prime cost is the addition of direct material cost , direct labor cost and direct expenses.

Conversion cost is the cost of converting raw materials into finished product. It s the sum of direct labour cost and production overheads.

For Bento Engineering,

Prime cost = direct labour cost (since no figure is given for direct material and direct expenses.)

Prime cost = $94,000

Conversion cost = Direct labour cost + overheads

Conversion cost = $94,000 + 126,000

= $135,400.

Prime cost = $94,000

Conversion cost = $135,400.

8 0

3 years ago

Cole Co. began constructing a building for its own use in January 2016. During 2016, Cole incurred interest of $50,000 on specif

Stella [2.4K]

Answer:

$40,000

Explanation:

The accounting procedure involved in the above is that one picks the lower between the actual interest incurred and the interest computed on the weighted average amount of accumulated expenditures for PPE.

The actual interest incurred on specific construction debt and other borrowings

= $50,000 + $20,000

= $70,000

Since the interest computed on the weighted average amount of accumulated expenditure for the building is $40,000 , the lower between the actual interest incurred and interest on weighted average amount of accumulated expenditure is $40,000, hence will be the capitalized amount.

4 0

3 years ago

The elements in a newsletter are the title, graphics, and columns. True or false

Usimov [2.4K]

Hi there! I think that the statement , " The elements in a newsletter are the title, graphics, and columns." is false. Hope this helps, and have a lovely day! : )

4 0

3 years ago

Read 2 more answers

What is it called when work is done for a company by people who live in other countries

Gemiola [76]

Answer:

Offshoring

The answer is offshoring because people do work for companies that are in other countires or states because they are probably a proffesional at what they are doing.

5 0

3 years ago