Which business letter feature is found at the top of the page?

Monsters Incorporated (MI) in ready to launch a new product. Depending upon the success of this product, MI will have a value of

irga5000 [103]

A and then d i’m pretty sure

3 0

3 years ago

If the expected sales volume for the current period is 25,000 units, the desired ending inventory is 700 units, and the beginnin

cluponka [151]

Answer:

Production= 25,250 units

Explanation:

Giving the following information:

Sales= 25,000 units

ending inventory= 700 units

beginning inventory= 450 units

To calculate the required production for the period, we need to use the following formula:

Production= sales + desired ending inventory - beginning inventory

Production= 25,000 + 700 - 450

Production= 25,250 units

6 0

3 years ago

Forecast the 2019 Cost of goods sold on the previous year’s number and the assumptions. 2018 Actual 2019 Estimate Sales Growth 6

sveta [45]

The Cost of Goods Sold for 2019 is forecasted to be $30,600.

<h3>What is Cost of Goods sold?</h3>

This refers to total amount that a firm paid as a cost directly related to the sale of products.

The Sales Growth between the years 2018 and 2019 is 2% (8%-6%).

Because the 2018 Cost of Goods Sold equals $30,000, then, it will be adjusted according to the sales growth recorded in the subservience year.

Cost of Goods Sold (2019) = $30,000 *(1+0.02)

Cost of Goods Sold (2019) = $30,000 *1.02

Cost of Goods Sold (2019) = $30,600

Read more about Cost of Goods Sold

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7 0

2 years ago

Read 2 more answers

A mortgage broker advertises a 30-year fixed-rate loan at a 2.00% rate. After the borrower arrives at the office and begins an a

Contact [7]

Answer:

Truth in Lending Act (TILA)

Explanation:

Mortgage brokering can be defined as a process which typically involves a mortgage broker acting as an intermediary between a financial institution (mortgage bank) offering loans and an individual that seeks to collect a loan.

This ultimately implies that, a mortgage broker acts as an intermediary (middleman) by connecting a creditor (lender) to those seeking to get a loan (borrower).

The Truth in Lending Act (TILA) also known as Consumer Credit Protection Act (CCPA) is a federal law of the United States of America that was enacted by the 89th US Congress and signed into law by President Lyndon B. Johnson on the 29th of May, 1968.

The main purpose of this federal law (Act) is to protect the consumer while using credit by mandating businesses to provide a full disclosure of the terms and conditions with respect to the credit.

According to the Truth in Lending Act (TILA), businesses are required to explain all collection fees, finance charges, late charges and interest charges up front before the time of service or application process commence.

In this scenario, a mortgage broker advertised a 30-year fixed-rate loan with an interest rate of 2.00%.

However, when the borrower arrived at the office of the mortgage broker and begins an application, the broker then went ahead to explain that the 2.00% interest rate is no longer available because his office was only able to do a limited number of them.

Thus, this broker is in violation of Truth in Lending Act (TILA).

6 0

3 years ago

Calamata Corporation processes a single material into three separate products A, B, and C. During September, the joint costs of

Elena-2011 [213]

Answer:

20%

Explanation:

Gross profit is the net of sales and cost of sales. Gross Profit percentage is the ratio of gross profit to sales expressed as percentage.

Product Units Produced Final Sales Value per Unit Separate Costs

A 10,000 $25 $125,000

B 15,000 $30 $250,000

C 12,500 $24 $125,000

Total 37,500 $500,000

Sales Value

A (10,000 x $25) $250,000

B (15,000 x $30) $450,000

C (12,500 x $24) $300,000

Total Sales Value $1,000,000

Less

Joint Cost ($300,000)

Separable cost ($500,000)

Gross Profit $200,000

Gross Profit Percentage = ( $200,000 / $1,000,000 ) x 100 = 20%

8 0

3 years ago