Answer:
Total selling and administrative= $890,000
Explanation:
Giving the following information:
The following budget data are available:
Variable - fixed
Sales commissions: $1 $10000
Shipping $3
Advertising $4
Executive salaries $120000
Depreciation on office equipment $4000
Other $2 $6000
Expenses are paid in the month incurred. The company has budgeted to sell 66000 widgets in October.
Total selling and administrative= (1*66,000 + 100,000) + 3*66,000 + 4*66,000 + 120,000 + 4,000 + (2*66,000 + 6,000)= $890,000
Answer:
1.Generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.
Explanation:
Retained earnings is an element of the balance sheet that represents the accumulated net income and losses and the amount paid to the shareholders over the years as dividend.
Each year, the company's net income or loss from the statement of profit or loss is posted into the retained earnings account.
It is an integral part of the owners equity along with ordinary share capital.
As such, retained earnings generally consists of a company's cumulative net income less any net losses and dividends declared since its inception.
Firms will generally make-to-order when the demand for goods is not stable.
<h3>What is Make to order?</h3>
Make to order (MTO) is a production process that involves a customer ordering a specific products which is usually different from the general products.
The products may be customized and its usually done when a company has less demand or work.
Therefore, Firms will generally make-to-order when the demand for goods is not stable.
Learn more make to order below
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Answer:
a) 10%
b) 12.5%
c) 4%
d) 2.5%
e) 20%
f) 25%
g) 5%
Explanation:
10 years depreciation results in a depreciation rate per year = 100% / 10 = 10%
8 years depreciation results in a depreciation rate per year = 100% / 8 = 12.5%
25 years depreciation results in a depreciation rate per year = 100% / 25 = 4%
40 years depreciation results in a depreciation rate per year = 100% / 40 = 2.5%
5 years depreciation results in a depreciation rate per year = 100% / 5 = 20%
4 years depreciation results in a depreciation rate per year = 100% / 4 = 25%
20 years depreciation results in a depreciation rate per year = 100% / 20 = 5%
Medication and salt are good examples of this