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4 years ago

Which costs are correlated with the firm’s sales and include the costs of labor, raw materials, and sales commissions?

Business

1 answer:

Llana [10]4 years ago

6 0

Answer:

The correct answer is letter "B": direct.

Explanation:

Direct Costs for finished goods refer to the items and services directly used in production. Other costs such as rent and insurance for the production site are indirect costs. Examples of direct costs are direct labor and materials, manufacturing supplies or even commissions out of sales.

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Bailee works approximately 60 hours each week as an account executive with an advertising agency and rarely has time to shop. Sh

Papessa [141]

Answer:

Correct option is (a)

Explanation:

Convenience is one the most important benefit offered by online shopping websites. Not every fashion store offers services round the clock. The biggest advantage of online shopping is that it is one stop destination to purchase all types of products. It offers anytime anywhere shopping experience with no extra efforts in terms of time and waiting in queues. Products are delivered to the customer's doorsteps.

Bailee works 60 hours a week and has no time for going out for shopping. She loves the convenience of shopping online as she can shop sitting at home even at midnight and the product is delivered to her within 24 hours.

6 0

3 years ago

A high-interest savings account pays 5. 5% interest compounded annually. If $300 is deposited initially and again at the first o

Arte-miy333 [17]

For the given question, the summation that represents the money in account is:

$\begin{aligned}\sum_{10}^{n=1}316.5(1.055)^{n-1} \end{aligned}$

The principal amount if compounded annually, the formula that represents the amount to be received after n years is:

$\rm A = P(1 + \dfrac{r}{100})^t$ where A is the amount received after compounding, P is the principal, r is the rate of interest and t is the tenure.

<h3>Solution:</h3>

Given:

Annual interest rate(r) is 5.5%

Principal is(P) $300

Tenure is(t) 10 years

On substituting the values in the formula $\rm A = P(1 + \dfrac{r}{100})^t$

The amount received after compounding at the end of 1 year will be:

$\rm A = 300(1 + \dfrac{5.5}{100})^1\\
\\
A=300(1.055)\\
\\
A=\$316.5$

Similarly, the amount to be received after 2 years will be:

$316.5+316.5(1.055)$

The amount received after 10 years will be:

$316.5+316.5(1.055)+316.5(1.055)^2+.......$ upto 10 years

Therefore the summation that represents the money in account after 10 years is:

$\begin{aligned}\sum_{10}^{n=1}316.5(1.055)^{n-1} \end{aligned}$

Learn more about compound interest here:

brainly.com/question/25857212

5 0

2 years ago

The communication process begins with selecting a target audience -- the group with whom Take-A-Ride will be communicating. Whic

Mama L [17]

Answer:

2. Tourists

Explanation:

The communication process begins with selecting a target audience -- the group with whom Take-A-Ride will be communicating.

Hence the target market would be the most likely to find the bike-share program valuable, and thus be the most profitable for the firm is that of the tourists.

Most often the college students and residents generally will buy a bike if they need one to go around but Tourists cannot do that because they only stay around a few days. Hence the tourist market is that which will rent almost everything it needs because it is averse to permanent ownership.

Tourists like to tour and they will need a take-a-ride package to be able to do so

4 0

3 years ago

Suppose Spain produces only cars and trucks. The resources that are used in the production of these two goods are not specialize

Mrac [35]

The correct answer is C. remains constant

If production costs for both are equal, then it is completely the same what the demand is great for, since the cost will always be the same for them. If people want 3 cars and 2 trucks, it will be the same as if they wanted 4 trucks and 1 car.

7 0

3 years ago

Brief Exercise 5-8 Cullumber Company has a unit selling price of $630, variable costs per unit of $300, and fixed costs of $327,

IRISSAK [1]

Answer:

(a)

Mathematical Equation for break-even

F = QP - QV

Where

F = fixed cost

Q = Break-even quantity

P = Selling price

V = Variable cost

F = Q ( P - V )

Q = F / ( P - V )

Q = $327,030 / ( $630 - $300 )

Q = $327,030 / $330

Q = 991 units

(b)

Contribution Margin = Price per unit - Variable cost per unit

Contribution Margin = $630 - $300 = $330

Break-even Point in Units = Fixed Cost / Contribution margin per unit

Break-even Point in Units = $327,030 / $330 = 991 units

Explanation:

Mathematical equation use the the break-even equation which represent the behavior of each element towards the break-even point.

Contribution per unit method use the contribution of each unit to calculate the break-even point.

5 0

3 years ago