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
Serjik [45]
3 years ago
10

Milltown Company specializes in selling used cars. During the month, the dealership sold 31 cars at an average price of $15,900

each. The budget for the month was to sell 29 cars at an average price of $16,900. Compute the dealership's sales price variance for the month.
Business
1 answer:
wariber [46]3 years ago
8 0

Answer:

The dealership's sales price variance for the month is $31,000 U

Explanation:

In order to calculate the dealership's sales price variance for the month we would have to calculate the following formula:

Sales price variance = Actual quantity sold x (Actual price - Budgeted price)

According to the given data que have the following:

Actual quantity sold=31 cars

Actual price=$15,900

Budgeted price=$16,900

Therefore, Sales price variance = 31 * ($15,900 - $16,900)

Sales price variance = $31,000 U

The dealership's sales price variance for the month is $31,000 U

You might be interested in
Suppose the fixed interest rate on a loan is​ 5.75% and the rate of inflation is expected to be​ 4.25%. The real interest rate i
Alex

Answer:

Lenders loose and borrowers gain

Explanation:

Whenever inflation increases the value of money falls and technically erodes interest rates (hence real interest rate falls although nominal rate stays the same)

In the scenario, if the inflation rate rises to 5.5%, then the real interest rate falls further from 1.5% to (5.75% - 5.5%) 0.25%, demonstrating that the lender is loosing further.

Contrarily, the borrower will technically be paying lesser interest to the lender because he will be paying lesser money in value to the lender both in terms of interest and principal

8 0
2 years ago
Less
MaRussiya [10]

Answer:

usofkdkkkdydlffjsyd yyydiffufoo

Explanation:

kydkydlfo,r,ei,ro,ruf kydydiyk,r kiskydu*s**s usistsyd,y ususttstsu*

8 0
3 years ago
Prime Cuts was the brainchild of Karen Terrier, who guided all the marketing efforts of the product. She made the decisions rega
gulaghasi [49]

Answer: Brand manager

Explanation: It is most likely that Karen serves in the job of brand manager as she is directly responsible for all the elements of the marketing mix (package, brand name, pricing, promotion and placement) for one brand or one product line. A brand manager is defined as one who is responsible for ensuring that the products, services and product lines of a company or business adapts to its target market. They continuously monitor marketing trends while keeping watch on competitive products in the marketplace or industry.

5 0
3 years ago
The most helpful kind of business and why?
agasfer [191]

Answer:

Hair Salon

Explanation:

An hair salon is the most helpful kind of bussiness besides chothing store's because your helping people with their hair and geting a lot of money from doing a curtain style.

5 0
3 years ago
Suppose Clampett, Inc. terminated its S election on August 28, 2018. At the end of the S corporation's short tax year ending on
charle [14.2K]

Answer:

correct option is $5,750

Explanation:

given data

amounts were both zero

suspended loss = $20,750

additional capital contributions = $5,750

to find out

How much loss may J. D. deduct in 2019

solution

loss may J. D. deduct in 2019 is $5,750

we know that post transmination period end of 15 September

it is extended here due date of final tax return

it is standardize so that J.D. only deduct loss to extend of his contribution on march

so 2nd contribution make on 15 September

so correct option is $5,750

6 0
3 years ago
Other questions:
  • The district director of 5 mortgage origination offices staffed by bank associates who cold call potential customers in an attem
    15·1 answer
  • Which best describes what financial planning skills ultimately enable an individual to do
    15·2 answers
  • Determine the capitalized cost of a permanent roadside historical marker that has a first cost of $75,000 and a maintenance cost
    10·1 answer
  • Ezra runs a gyro stall at the local farmers' market. he would like to expand and open his own shop downtown. he has made the cha
    9·1 answer
  • Under variable costing, which of the following costs would be included in finished goods inventory? a.salary of vice president o
    13·1 answer
  • Economists have determined that the economy goes through a cycle of
    13·2 answers
  • "In the context of goal-setting theory, _____ is information about the quality or quantity of past performance and indicates whe
    6·1 answer
  • Assume you are given the following relationships for the Haslam Corporation: Sales/total assets 1.6 Return on assets (ROA) 3% Re
    9·1 answer
  • Which management theory was based on understanding each part of a task, selecting the right workers, providing adequate training
    10·1 answer
  • Sweet night :) sleep tight​
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!