Answer:
$25
Explanation:
The production cost is $275.
The selling price is $250
The loss/profit will be: Selling price minus cost price
=$250 - $275
= -$25
A loss of $25.
If this is the cost for all the 135 TVs, then the loss is only $25.
N:B
If the costs are for one TV, then the loss will be $25 x 135=$3,375
Answer:
D. Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party.
Explanation:
An attestation engagement which could also reffered to as assertion- based engagement could be explained as a situation wheryby a third party is allowed to evaluate a subject matter by the clients.
It should be noted that CPA is engaged to: Issue a written communication expressing a conclusion about the reliability of a written assertion that is the responsibility of another party.
Answer:
E. new restaurant
Explanation:
The entrepreneurial strategy matrix is a interesting model for the ongoing ventures an d the new ventures. It helps to identify the proper business strategies.
In the context, according to the entrepreneurial strategy matrix, a new restaurant is most likely to have a high risk and high returns as there is a lot of competition and rivalries in the restaurant industry in the market. Many people already have their favorite restaurant and they prefer going to their favorite or their selected restaurant.
So there is a risk in setting up a new restaurant which requires large investments without properly studying the market. On the other hand if a new restaurant manages to serve some really tasty and hygiene food to their customers, customers will prefer coming to this restaurant and this in turn will provide huge returns to the owners.
Answer:
Yuri must be sure he has enough left in his checking account for any expenses and automatic payments.
Answer:
C. $19,600
Explanation:
The contribution margin per hour can be obtained by dividing the difference between the price and variable costs by the number of labor hours required.
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Since the candle holders yield the greatest contribution per hour, the maximum of 800 units of this product should be produced. The remaining labor hours after producing candle holders is:
The remaining hours should be used to produce letter openers since they provide the next best contribution per hour. 200 letter openers can be produced with the remaining hours.
The maximum contribution margin that Wood Carving can generate next month is:
