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3 years ago

Gross profit is equal to:

Business

1 answer:

ehidna [41]3 years ago

3 0

Answer:

The correct answer is letter "A": sales minus cost of goods sold.

Explanation:

Gross Profit is one of several important measurements of a company's profitability. Specifically, it is derived from taking sales revenue and subtracting the costs of goods sold. The costs of goods sold include the expenditures of raw materials and labor involved in making the products.

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Who investigates complaints of the Holden Act and takes remedial action as required by law? The Department of Housing and Urban

o-na [289]

Answer:

The Department of Housing and Urban Development

Explanation:

The Holden act or the California Housing Financial Discrimination Act of 1977, states that financial institutions cannot discriminate against people applying for loans or financial assistance, for reasons such as; race, color, ethnicity and religion.

The Holden act is enforced by the Department of Housing and Urban Development.

5 0

3 years ago

Bismark Inc, a large manufacturer of heavy equipment components, has determined the following activity cost pools and cost drive

Westkost [7]

Answer:

Results are below.

Explanation:

First, we need to calculate the activities rates:

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Machine Setup= 600,000 / 15,000= $40 per setup hour

Material handling= 90,000 / 3,000= $30 per ton of material

Machine operation= 420,000 / 12,000= $35 per machine hour

Now, we can allocate costs to each product:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Camshafts:

Machine Setup= 40*5= $200

Material handling= 30*10= $300

Machine operation= 35*4= $140

Total allocated costs= $640

Swing Drives:

Machine Setup= 40*8= $320

Material handling= 30*7= $210

Machine operation= 35*5= $175

Total allocated costs= $705

Finally, the unitary cost:

Camshafts:

Total cost= 40,000 + 7,000 + 640= $47,640

Unitary cost= 47,640 / 1,500= $31.76

Swing Drives:

Total cost= 30,000 + 12,000 + 705= $42,705

Unitary cost= 42,705 / 900= $47.45

5 0

3 years ago

Today, labor unions represent about ________ percent of the labor force. quilet

pashok25 [27]

12.4
Hope this helps! :)

6 0

3 years ago

Read 2 more answers

The collision repair industry does what volume of business per year? A. $1 million B. $10 Million C. $1 Billion D. $10 Billion

Eva8 [605]

Answer: D. $10 Billion

Explanation:

The United States has a large economy with a very large number of cars which was estimated to be around 280 million in the last quarter of 2019. With these many cars it would be improbable that there would not be quite a number of accidents and there are. In the year 2018, around 12 million cars were involved in motor accidents.

With such a staggeringly high number of cars involved in collisions, it is no wonder that it is estimated that the collision repair industry does around $10 billion worth of business every year.

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3 years ago

Why do economists predictions refer to the collective?

UkoKoshka [18]

Predictions usually refer to the collective behavior of large groups rather than individual because looking at the behaviors of a large group of individuals allows economist to discern General patterns of actions and therefore make more reliable generalization.

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4 years ago