3 years ago

A bond is a

Business

1 answer:

Morgarella [4.7K]3 years ago

5 0

A bond is a b) promise to repay borrowed funds.

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Inflation is when _________ money is paid for the same amount of goods and services than in a previous time period. the same amo

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3 years ago

You have been given the following information for Nicole's Neckties Corp.: Net sales = $2,500,000; Cost of goods sold = $1,300,0

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Answer:

$360,000

Explanation:

Net sales : $2,500,000

Cost of goods sold : ($1,300,000)

Gross profit : $ 1,200,000

Interest expense : ($50,000)

Net profit : $ 1, 150,000

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Tax at 40%: =40% * $1,150,000

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3 years ago

Which of the following is NOT a role increasing the government's complex relationship with business?

son4ous [18]

Answer: C. government cannot have buying power

Explanation:

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3 years ago

Static Budget Actual Units 5,000 5,100 Sales revenue $60,000 $58,650 Variable manufacturing costs $15,000 $16,320 Fixed manufact

Ipatiy [6.2K]

Answer:

$700 favorable

Explanation:

Calculation to determine what The total sales-volume variance for operating income for the month of July would be

First step is to calculate the of contribution per unit using this formula

Contribution Margin per unit

=Sales− Variable manufacturing costs−Variable marketing and administrative expense/units

Let plug in the formula

Contribution Margin per unit=$60,000−$15,000−$10,000/5,000units

Contribution Margin per unit=$7per unit

Now let calculate the total sales-volume variance using this formula

Total sales volume variance

= Actual units−Static Budget × Static contribution margin per unit

Let plug in the formula

Total sales volume variance=5,100units−5,000units×$7

Total sales volume variance=$700 favorable

Therefore The total sales-volume variance for operating income for the month of July would be

$700 favorable

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3 years ago