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SOVA2 [1]
3 years ago
5

The ACME company manufactured x brooms per month from January to April, inclusive. On the first of each month, during the follow

ing May to December, inclusive, it sold x/2 brooms. At the beginning of production on January 1st, the ACME company had no brooms in its inventory. If storage costs were $1 per month per broom, approximately how much, in terms of x, did the ACME company pay for storage from May 2nd to December 31st, inclusive?
Business
1 answer:
Papessa [141]3 years ago
4 0

Solution:

Pick some smart number for x,

let x=2 (I chose x=2 as in this case monthly shipments would be X/2=1).

From January to April, inclusive 4x=8 brooms were produced and

in May the company paid for storage of 8-1 =7 brooms,

in next month for storage of 6 and so on.

So the total storage cost would be:

= 1 ∗ (7+6+5+4+3+2+1+0)

= 28

--> as x=2 , then 28 = 14x

So the answer is 14x

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When businesses expand internationally, they frequently begin small?

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Exists a company that runs operations in multiple nations?

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What attribute best describes a transnational corporation?

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2 years ago
Jan and Kyle sign a contract that provides if a dispute arises, they will submit to arbitration. A dispute arises, but before it
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Answer:

D. Order the parties to arbitrate

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Like every contract, such a contract is legally binding and the terms cannot be revoked by one of the parties later. The parties are bound by arbitration in such cases, as is mutually agreed initially.

As per the facts of the case, such an arbitration agreement has been entered into by Jan and Kyle, wherein it was mutually agreed to settle outside court, in the event of a dispute. When the said dispute arose, Jan filed a suit against Kyle.

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6 0
3 years ago
The following information is available for Sunland Company:
vladimir1956 [14]

Answer:

Contribution margin= 250,000

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Giving the following information:

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Total fixed expenses $150,000

Cost of goods sold $390,000

Total variable expenses $340,000

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3 years ago
As the basis for the first section of your lab report. This section provides your reader with background information about why y
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3 years ago
Renue Spa had the following balances at December 31, Year 1: Cash of $15,000, Accounts Receivable of $61,000, Allowance for Doub
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Answer:

Explanation:

provision For Doubtfull Accounts Yr.3

Opening Bal.                                        =                         3,750

For the Year (215000*2%)                   =                          4300

Write-off                                                =                        -2100

Closing Balance (3750+4300-2100)  =                        5950

Account Recievable For Yr.3

Opening Bal.                                        =                         61000

Sales For the Year (215000*2%)         =                          215000

Provision For the Year                         =                        -4300

Cash Recived from Debtors                =                        218000

Closing Balance                                   =                        53700

Net Realizable Value of Recievables

Closing Debtors                                    =              53700  

Closing Provision                                  =              -5650

Net Realizable Value                             =             47750

C) Collectible Amount              

Provision For the Year                          =            4300

Previously writte of recoverred          =            -500

Total bad debts for the year                 =            3800    

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