1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tema [17]
3 years ago
6

Pearls, Pearls, Pearls! manufactures and sells jewelry. The total variable cost of goods sold this month is $72,490. Variable se

lling and administrative cost is $22 per unit sold. If 350 units are produced and 314 units are sold this month, the total variable cost reported on the income statementforthe month is $:___________
Business
1 answer:
Aneli [31]3 years ago
5 0

Answer:

Total variable cost= $71,940.54

Explanation:

Giving the following information:

The total variable cost of goods sold this month is $72,490.

Variable selling and administrative cost is $22 per unit sold.

350 units are produced and 314 units are sold this month.

<u>First, we need to calculate the unitary variable cost per unit:</u>

Unitary production cost= 72,490/350= $207.11

<u>Now, we can calculate the total variable cost:</u>

Total variable cost= (207.11 + 22)*314= $71,940.54

You might be interested in
Provide some examples of items that would be adjusted directly against equity, rather than being included as part of profit or l
Hunter-Best [27]

Answer:

1.Common Stocks Issues and Repurchases

2.Preference Stocks Issues and Repurchases

3.Dividends Declared

Explanation:

Common Stocks Issues and Repurchases

Common Stockholders have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.

Preference Stocks Issues and Repurchases

Preference Stockholders do not have voting rights. The movement in the Stocks must be presented separately in the Statement of Changes in Equity.

Dividends Declared

Dividends Paid are not included in Profit and Loss but in Statement of Changes in Equity.

Payment of Dividends adjusts the Retained Earnings Amount in Statement of Changes in Equity.

5 0
3 years ago
NEED HELP ASAP
katovenus [111]

Pierre engaging in such actions is known as rationalizing.

When a person rationalizes a decision they:

  • <em>T</em><em>ry to prove that what they did isn't bad </em>
  • <em>C</em><em>ome up with some sort of reasoning to support their decision </em>

Pierre is clearly doing something wrong here by increasing expenses more than they are supposed to be. He however convinces himself that what he is doing is not bad because no one will notice.

He is therefore coming up with reasons to prove that what he is doing is not bad and we can conclude based on this fact that he is engaged in rationalizing his behavior.

<em>Find out more at brainly.com/question/14453354.</em>

7 0
1 year ago
As an investor you have a required rate of return of 12 percent for investments in risky stocks. You have analyzed three risky f
Darina [25.2K]

Answer:

Explanation:

Expected annual growth rate in dividends 7%

Dividend growth Model= Pv=Do(1+g)/Ke-g

present value = 1(1+7%) / 12%-7%

present value =1.07 /5%

present value =21.4

Expected annual growth rate in dividends 2%

Dividend growth Model= Pv=Do(1+g)/Ke-g

present value = 1(1+2%) / 12%-2%

present value =1.02 /10%

present value =20.4

Expected annual growth rate in dividends -1%

Dividend growth Model= Pv=Do(1+g)/Ke-g

present value = 1(1+(-1)%) / 12%-2%

present value =0.99/10%

present value =7.69

5 0
2 years ago
A hardware store rents its one wood chipper. A request for the chipper arrives every 4 days with a standard deviation of 4 days.
astraxan [27]

Answer:

20%

Explanation:

The question has a Mean of 1 day and the Standard deviation is 4 days, So it is apparent that in every Five days including the 4 days standard deviation, we have the chipper to be available and clients in need of it can rent it for 1 day.

Therefore if the chipper is going to be rented on the 1st day, it would be rented again after 4 days, on the 5th day.

utilization for the chipper will be

= (1/5) x 100

= 0.2 x 100

= 20%

6 0
2 years ago
Which event is an example of an external risk?
Aleksandr-060686 [28]

Answer:

Risks that are produced by a non-human source and are beyond human control. They are unexpected but happen regularly enough in a general population to be broadly predictable. Good examples of external risks are natural disasters such as earthquakes and volcanoes.

Explanation:

4 0
2 years ago
Read 2 more answers
Other questions:
  • Crane Company on January 1, 2018, granted stock options for 63000 shares of its $10 par value common stock to its key employees.
    9·1 answer
  • What should you do to change a value in si units to a value in u.s. customary units?
    6·2 answers
  • Trisha's Tasty Treats, a bakery and coffee shop, is having a grand opening on Saturday to celebrate its newest location. In addi
    14·1 answer
  • Janitor supply produces an industrial cleaning powder that requires 40 grams of material at $0.10 per gram and .25 direct labor
    10·1 answer
  • What are the four types of costs that a business must consider in making business decisions
    5·1 answer
  • Analyst 1 suggested that the demand curve for newspapers in Baltimore might have shifted to the right because people were becomi
    14·1 answer
  • Is 40 a prime number​
    12·1 answer
  • If testing cannot be completed any earlier than four days after the prototype has been built, what type of lag exists?
    12·1 answer
  • What are the different structures of the market
    13·1 answer
  • Which of the following do you NOT need to open a checking account?
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!