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Natasha_Volkova [10]
3 years ago
7

LO 2.1Which of the following represents the components of the income statement for a service business?

Business
1 answer:
Burka [1]3 years ago
3 0

Answer:

Service Revenue – Operating Expenses = operating income

Explanation:

In the case of service business, the following components of the income statement are service revenue instead of sales revenue and the operating expenses  

In mathematically,  

Operating income = Service revenue - operating expenses

If we deduct the operating expenses from the service revenue, then the operating income can come

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MaverickMaverick Co. budgets production of 120 comma 000120,000 units in the next year. MaverickMaverick​'s CFO expects that eac
Musya8 [376]

Answer:

B. $ 3 comma 600 comma 000$3,600,000

Explanation:

The total manufacturing cost of an entity maybe divided into two broad classes. These are direct and indirect cost. The indirect cost are also known as the overheads and may be further divided into fixed and variable overheads. The variable overheads may be given as a function of direct cost such as machine hours, direct labor hours etc.

Given that

Total units to be produced = 120,000

Time required to produce a unit = 10 hours

Hence total number of hours required

= 120,000 × 10

= 1,200,000 hours

Hourly wage rate = $12

If Factory overheads is applied to direct labor hours at $3 per​ hour

Factory overheads = $3 × 1,200,000

= $3,600,000

7 0
3 years ago
A structure that organizes worldwide operations primarily based on function and secondarily on product is called: a global area
Tatiana [17]

Answer:

a global functional division.

Explanation:

In a global functional structure, the MNC activities are to be organized among the particular functions that are related to the production, finance, marketing etc. Here the developments are establishment that would have the responsibility worldwide for the particular function

So as per the given situation, the above should be the answer

8 0
2 years ago
Choose the answer.
Brrunno [24]

Answer:

the answer is reaserching

5 0
3 years ago
How does open book management benefit employees?
lutik1710 [3]

Answer: It helps your employees do their job better.

Explanation: Not only that but it will help all people who work there, know what the job is about and know the full meaning and whole of what it is. I hope this helps!

5 0
2 years ago
FarCry Industries, a maker of telecommunications equipment, has 2 million shares of common stock outstanding, 1 million shares o
Ulleksa [173]

Answer:

18.52%

Explanation:

Calculation for the what would be the equity weight

Using this formula

Equity weight =E÷E+P+D

Let plug in the formula

Equity weight=$2,000,000×$27÷$2,000,000×$27+$1,000,000×$14.50+$10,000×.98×$1,000

Equity weight=$14,500,000÷$78,300,000

Equity weight=.1852×100

Equity weight=18.52%

Therefore what would be the equity weight is 18.52%

7 0
2 years ago
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