Answer:
$67860
Explanation:
sell price of each toaster= $24.45
variable cost per unit= $16.65
total fixed cost= $25,700
number of unit sold x= 8700
the formula for contribution margin is
= sales price- variable cost
= (s-v)x
putting values we get
= 
= $67860
Hence the contribution margin the above case will be $67860
Answer:
The correct answer is: Self-Concept.
Explanation:
Self-Concept is the definition that individuals provide about themselves. In this description, people make subjective definitions of their physical features and their internal characteristics -personality. Also, individuals analyze their fears and weaknesses as well as their strengths and skills.
Answer:
1. 26%
2. YES
3. $410,000
4. $250,000
Explanation:
1. Return on Assets = Net Profits/ Total Assets = 65,000/250,000 = 26%
2. Return on Assets should be beyond satisfactory for Kyzera because its performance is better than that of the industry average which is 12%
3. Total expenses for Kyzera can be derived from the formula: Total Revenue - Total Expenses = Net Profit.
Therefore 475,000 - Total expenses = 65,000.
Total expenses = 475,000 - 65,000 = $410,000
4. The average total amount of liabilities plus equity can be derived from the balance sheet equation that states that TOTAL ASSETS = EQUITY+LIABILITIES.
Therefore liabilities plus equity = $250,000
Answer: Competitive institutional advertisement
Explanation:
The competitive institutional advertisement are basically used for promoting the various types of institutional related advertisement in the market.
This type of advertisement basically used for promoting the various types of institution, corporations and the organization.
The main purpose of the advertisement is to awareness the audience regarding the new products and business in the market and it also helps to encourage and attract the audience.
Therefore, Competitive institutional advertisement is the correct answer.
Answer:
Reliability over relevance
Explanation:
The historical cost principle states that assets must be recorded at purchase cost, disregarding any change in their market value. E.g. you purchased a land lot 10 years ago for $100,000 and now it is worth $500,000. It must be recorded at $100,000 since that was its original purchase cost.
Accounting tries to be as exact as possible, and if the carrying values started to change every period or even month by month because the accountant believed that the market value changed, then it would be a mess. Accountancy is not supposed to be a game of guessing, it is supposed to be as exact and reliable as possible.
