Answer:
Here the variable cost can be computed using the following formula:
Variable cost = (Sales commissions + Shipping expense + Miscellaneous selling expenses) ×Sales
Variable cost = (4% + 1% + 3/4%) x $500,000 = $28,750
Fixed cost = Sales manager's salary + Advertising expense + Miscellaneous selling expenses
= $30,000 + $25,000 + $2,100
= $57,100
<em>Total selling expense budget = Variable cost + Fixed cost</em>
<em>= $28,750 + $57,100 </em>
<em>= $85,850</em>
Answer:
The answer is Selling Stocks
Answer:
The probability that 2 or 3 customers will arrive in a 15-minute period is 0.4703
Explanation:
Firstly, we have to determine the segment unit, since the mean is 10 per hour, the segment unit is 1 hour.
The mean(m) = 10
since the period is 15 minutes = 0.25 hour, t= 0.25 hour / 1 hour. Therefore mt= 2*10 = 2.5
The poisson distribution formula P(x) = 
Therefore the probability that 2 or 3 customers will arrive in a 15-minute period
P(x=2) or P(x=3) = P(x=2) + P(x=3) =
= 0.2565 + 0.2138 = 0.4703
Therefore P(x=2) or P(x=3) = 0.4703
The probability that 2 or 3 customers will arrive in a 15-minute period is 0.4703
Answer:
you may do like it
put your numbers instead of these. :)
Explanation:
Total Stockholders' equity is common stock plus excess of issue price over par plus retained earnings
($900,000 + $375,000 + $50,000 = $1,325,000)
Answer: Cheaper manufactured goods.
Explanation:
The factory system is a method of mass production of goods in an industrial way, which uses the line assembly system to manufacture multiple products at a lower cost, and in the least amount of time.
With this production system, the industrial era began in Great Britain, and today is the most widely used method of producing merchandise worldwide due to the low costs involved in the production.
<em>I hope this information can help you.</em>