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3 years ago

The amount in a savings account increased from $300 to $303 . what was the percent of increase?

1 answer:

5 0

The percent of increase is 1%. To figure this out, simply reason that 1% of $100 is $1. Therefore, because $300 is a threefold increase, 1% would be $3.

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Select the correct answer.

IgorLugansk [536]

Answer:

B. She is not competitive

Explanation:

She doesn't have the competitive characteristic to expand her market past the new florist.

7 0

3 years ago

Abby Cleaning Service had the following information for the 200 customers served this month: Sales Revenue $20,000 Variable Cost

mixer [17]

Answer:

= 60%

Explanation:

Contribution ratio represents the marginal benefits of producing an extra unit. It is calculated by the formula.

CM ration= Contribution margin/ sales revenue

Contribution margin = sales - varible costs

therefore contribution margin ratio= sales -revenue/ sales x 100

=$20,000 - $ 8000/ 20,000 x 100

= 12000/20000 x 100

=0.6 x 100

= 60%

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3 years ago

Green Field Potatoes Co. sells a by-product of its potato processing operation, called a filter cake, to area feed-lots as cattl

vladimir1956 [14]

Answer:

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4 0

3 years ago

the lucas manufacturing company has two production departments (fabrication and assembly) and three service departments (general

Ronch [10]

Answer:

$27,000

Explanation:

The computation of the amount of factory maintenance department costs that would be allocated to the fabrication department is shown below:

= Fabrication square foot occupied ÷ Total square foot occupied × factory overhead cost of factory maintenance department

= 20,000 ÷ 50,000 × $67,500

= $27,000

The overhead cost of factory maintenance department is allocated on square foot occupied and the same is considered

The total square foot occupied is

= 20,000 + 30,000

= 50,000

4 0

3 years ago

manufactures two products: A and B. The company's accounting records revealed the following per-unit costs for direct materials

fenix001 [56]

Answer:

Unitary cost= $351

Explanation:

Giving the following information:

Overhead costs:

Setups= $240,000

General factory= $2,350,000

Machine processing= $120,000

Total overhead= $2,710,000

Total direct labor hours= 10,000 + 10,000= 20,000

<u>First, we need to calculate the predetermined overhead rate:</u>

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

Predetermined manufacturing overhead rate= 2,710,000/20,000

Predetermined manufacturing overhead rate= $135.5 per direct labor hour

<u>Now, we can calculate the unitary cost for Product B:</u>

Direct materials $60

Direct labor: 2 hours at $10/hour $20

Unitary cost= 60 + 20 + 2*135.5

Unitary cost= $351

6 0

3 years ago

The amount in a savings account increased from ​$300 to ​$303 . what was the percent of​ increase?

The amount in a savings account increased from $300 to $303 . what was the percent of increase?