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
serg [7]
3 years ago
15

A company incurs advertising costs of $10,000. The company's three selling departments have the following sales: Department 1—$1

0,000; Department 2—$30,000; Department 3—$40,000. Advertising is allocated based on percent of sales. The amount of advertising allocated to
Business
1 answer:
erik [133]3 years ago
5 0

Answer:

The amount of advertising allocated to:

Department 1: $1,250

Department 2: $3,750

Department 3: $5,000

Explanation:

Total sales of the company = Sales of Department 1 + Sales of Department 2 + Sales of Department 3 = $10,000 + $30,000 + $40,000 = $80,000

Percent of sales of three selling departments:

Department 1 = ($10,000/$80,000)x100% = 12.5%

Department 2 = ($30,000/$80,000)x100% = 37.5%

Department 3 = ($40,000/$80,000)x100% = 50%

Advertising is allocated based on percent of sales. The amount of advertising allocated to:

Department 1 = 12.5% x $10,000 = $1,250

Department 2 = 37.5% x $10,000 = $3,750

Department 3 = 50% x $10,000 = $5,000

You might be interested in
A retail store had sales of $46,000 in April and $55,800 in May. The store employs eight full-time workers who work a 40-hour we
Rudiy27

Answer:

The percentage change in productivity (dollars output per labor hour) from April to May is 10.37%.

Explanation:

This can be calculated using the following 3 steps:

Step 1. Calculation of productivity in April

Sales in April = $46,000

Total full-time hours worked in April = 40 * 8 * 4 = 1,280

Total part-time hours worked in April = 9 * 6 * 4 = 216

Total hours worked in April = Total full-time hours worked in April + Total part-time hours worked in April = 1,496

Productivity in April = Sales in April / Total hours worked in April = $46,000 / 1,496 = $30.75 per hour

Step 2. Calculation of productivity in May

Sales in May = $55,800

Total full-time hours worked in May = 40 * 8 * 4 = 1,280

Total part-time hours worked in May = 13 * 7 * 4 = 364

Total hours worked in May = Total full-time hours worked in May + Total part-time hours worked in May = 1,644

Productivity in May = Sales in May / Total hours worked in May = $55,800 / 1,644 = $33.94 per hour

Step 3. Calculation of percentage change in productivity (dollars output per labor hour) from April to May

Percentage change in productivity = ((Productivity in May - Productivity in April) / Productivity in May) * 100 = (($33.94 - $30.75) / $30.75) * 100 = 10.37%

Therefore, the percentage change in productivity (dollars output per labor hour) from April to May is 10.37%.

4 0
3 years ago
How do you derive consumer equilibrium is the cardinal utility approach​
solniwko [45]

Answer:

According to utility analysis, the consumer will be in equilibrium when he is spending money on goods in such a way that the marginal utility of each good is proportional to its price. Let us assume that, in his equilibrium position, consumer is buying q1 quantity of a good X at a price P1.

Explanation:

please mark as brainliest

7 0
3 years ago
While many others dreamed about owning their own business, Holly Gabrel decided to do something about it. Holly knew that being
Eva8 [605]

Answer:

e. all of these should be included.

Explanation:

These listed items are not entrepreneurial personality traits.  Holly is not expected to have any of them as traits because they are not.  Personality traits are human characteristics, which propel Holly as an entrepreneur to take entrepreneurial risks.  They include Creativity, Risk-taking, Passion, Planning, Social Skills, Open-mindedness, Decisiveness, Positivity, etc.  Holly abundantly possesses them.

5 0
3 years ago
Which of the following products is likely to have an inelastic supply reaction to a change in price? A. Corn B. Cars C. Shoes D.
Sergio039 [100]
The correct answer is C,
A good is said to have an inelastic supply if the suppliers did not have any choice than producing it even though the cost of production is high and the buyers did not have any choice than buying it even though it is expensive.
No one can do without shoes, even if they are expensive, we still need to buy them.
4 0
3 years ago
Read 2 more answers
On January 1, Greene Inc. issued $5,000,000, 9% bonds for $4,685,000. The market rate of interest for these bonds is 10%. Intere
skad [1K]

Answer:

b.$296,500.

Explanation:

Calculation to determine what Greene should report as unamortized bond discount

First step is to calculate the discount amount

Discount Amount= ($5,000,000 × .09) - ($4,685,000 × .10)

Discount Amount= $18,500

Now let determine the unamortized bond discount

Unamortized bond discount=$315,000 - $18,500 Unamortized bond discount= $296,500

Therefore Greene should report unamortized bond discount of $296,500

5 0
3 years ago
Other questions:
  • Assume you are holding a business meeting with five people, each from a different continent (North America, South America, Europ
    9·1 answer
  • Studies indicate that the price elasticity of demand for cigarettes is about 0.4. A government policy aimed at reducing smoking
    14·1 answer
  • Matt newell, a former air force pilot, decides to operate a helicopter tour company to provide customers with breathtaking views
    5·1 answer
  • The model of monopolistic competition can characterize the market for plumbing services in a city. Suppose that the market is in
    13·1 answer
  • In order for a loss on the disposal of a discontinued operation to be classified on the income statement as a discontinued opera
    8·1 answer
  • You would like to buy shares of International Business Machines (BM). The current bid and ask quotes are $103.25 and $103.30, re
    7·1 answer
  • When Building a Pallet to be shipped over the road, How Should The cases Be Placed On The Pallet?
    10·2 answers
  • Six months ago, you purchased 3,000 shares of ABC stock for $47.06 a share. You have received dividend payments equal to $.80 a
    10·1 answer
  • Marigold Corp. reported sales of $2200000 last year (80000 units at $20 each), when the break-even point was 44000 units. Marigo
    12·1 answer
  • _____ is the most common, real-world method of estimating projects. Group of answer choices Delphi Technique Time Boxing Bottom-
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!