Answer:
Unitary contribution margin= $8
Explanation:
Giving the following information:
Sales $ 20,000
Variable expenses 12,000
Contribution margin 8,000
<u>To calculate the unitary contribution margin, we need to use the following formula:</u>
Unitary contribution margin= total contribution margin / total units
Unitary contribution margin= 8,000 / 1,000
Unitary contribution margin= $8
Answer:
Merv's Hardware would most likely try to lower the sale price of the sandpaper. In order to do so, the family store would have to reduce the costs of production, both fixed and variable. It might not still be able to match the $29 price offered by The Home Shoppe, but it could expect to rely on convenience for customers because while the Home Shoppe offers a cheaper product, it is located on another town and some customers may not want to go there.
Answer: A) omitted from financial-statement disclosure
Explanation: significant accounting policies may not be omitted from financial statement disclosure because it allows, among many other benefits, for financial statements to be compared with other entities when they are clearly shown. It also helps prevents losses and the misuse of assets. It allows both present and potential investors to be able to study open accounting policies in order to make informed decisions and/or before investing in a business.
An “accounting disclosure” is a statement that outlines the financial policies of a firm, showing expenses and profits over a time period.
Answer:
A) partial productivity
Explanation:
partial productivity refers to smaller parts of company operations that can be used as a standard of measurement to gauge company's productivity as a whole.
in the example above, Brian examine the number of tungsten filaments.
Even though number of tungsten filaments alone cannot be used to measure company's productivity as a whole, higher number of tungsten filaments usually correlate with finished products that can be sold to the customers. Which means that this smaller part of company's operation can be used to gauge company's overall productivity.
Answer:
Final Value= $51,312.68
Explanation:
Giving the following information:
Monthly deposit= $150
Interest rate= 0.06/12= 0.005
Number of months= 9*12= 108
First, we need to calculate the future value of the first investment. We will use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= monthly deposit
FV= {150*[(1.005^108)-1]} / 0.005
FV= $21,410.99
The second part of the investment:
Number of years= 15
Annual interest rate= 6%
<u>I will assume that the interest rate is annually compounded now. </u>If this is not the case, just change the interest rate (0.005) and "n" (15*12=180)
We need to use the following formula:
FV= PV*(1+i)^n
FV=21,410.99* (1.06^15)
FV= $51,312.68
