Answer: Option D
Explanation: Expenses incurred by business in day to day to operations are called costs. These costs can be divided as follows:-
FIXED COST : These are the cost which are independent of the level of output.
VARIABLE COST : These are the cost which varies as per the level of output.
Increase in the level of production will increase the electricity consumption, also consumption of direct materials is directly related to number of units produced. Wages of workers are usually dependent on the output they produce. Hence, only insurance premium is a fixed cost as the company has to pay it irrespective of the level of output.
Answer:
Contribution margin per unit = $40
Explanation:
Provided information we have,
Selling price of unit = $100
Variable cost per unit = $60
Total monthly fixed cost = $30,000
Number of units sold = 1,000
Contribution margin per unit = ?
Therefore, we know contribution margin per unit = Selling price per unit - Variable cost per unit = $100 - $60 = $40
Therefore, contribution for total units sold = $40 1,000 = $40,000
Final Answer
Contribution margin per unit = $40
Answer:
The answer is C.
Explanation:
Complementary goods are goods that are consumed together as a pair. They are mostly not consumed alone. If you buy one, you must buy the other. Example, bread and butter.
The answer to the question is C. a decrease in the price of one will increase the demand for the other.
For example, bread and butter are complements. If there is an increase in price of butter, other things remaining equal, there will be a decrease in the quantity demanded of bread. And since the demand of bread has reduced, the demand for its complement, butter too will decrease and vice-versa
<span>The answer is 1.43 % per day.
Calculations:
Formula for simple interest: I=PRT, where I=interest; P= borrowed amount; R=rate of interest in percentage; T=time for repayment
hence; P=$300, I=$60, T=14 days, then R=?
R={(I/PT) *100)}% per day={(60/300*14)*100}=1.43 % per day
interest rate (R) that Fred was charged for the aforementioned loan was 1.43 % per day</span>
The Sarbanes-Oxley Act of 2002 requires the CEO (Chief
Executive Officer) and the CFO (Chief Financial Officer) to personally certify
the accuracy of the financial statement that the company has filed with the
Securities and Exchange Commission as
members of senior management.