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kenny6666 [7]
4 years ago
8

Walter builds birdhouses. He spends $5 on the materials for each birdhouse. He can build one in 30 minutes. He is semi-retired b

ut earns $8 per hour at the local hardware store. He can sell a birdhouse for $20 each.
An Accountant would calculate the total profit for one birdhouse to be
A) $7
B) $12
C) $11
D) $15
Business
1 answer:
gavmur [86]4 years ago
3 0

Answer:

$15

Explanation:

Accounting profit is calculated as revenue less total cost.

Accounting profit = Revenue - Cost

$20 - $5 = $15

An accountant calculates accounting profit.

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Answer:

• Degree of operating leverage = $2

• Expected Percent change in income = 20%

Explanation:

Details provided from the question includes ;

Total contribution margin = $80,200

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Expected increase in sales value = 10%

Therefore;

Degree of operating leverage

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Each of the following documents is used in the control of cash disbursements except a.cash register tapes. b.receiving reports.
GrogVix [38]

Answer: a. cash register tapes.

Explanation:

When you go to a shop and buy something at the till and the cashier prints a receipt and gives it to you, that paper is a cash register tape.

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8 0
3 years ago
On March 1, 2019, Baltimore Corporation had 60,000 shares of common stock outstanding with a par value of $5 per share. On March
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Answer:

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Explanation:

According to the given data we have the following:

Number of shares outstanding=60,000

par value of $5 per share

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