Answer:
he found out that unless the price is a certain percentage that is higher than the price of the equivalent foreign product, federal agencies must buy products with at least 50% of the components made in the U.S.A.
Explanation:
Answer:
Total contribution margin= $1,220,000
Explanation:
Giving the following information:
Purchase price= $1.8
Selling price= $14
Number of untis= 100,000
<u>First, we will determine the unitary contribution margin:</u>
Unitary contribution margin= selling price - unitary variable cost
Unitary contribution margin= 14 - 1.8
Unitary contribution margin= $12.2
<u>Now, the total contribution margin:</u>
Total contribution margin= 100,000*12.2
Total contribution margin= $1,220,000
For a given year, the income statement budget is created through the use of predictions and fore casting.
<h3>What is the income statement budget?</h3>
This is the budget that is made up of the revenue, the expenditure and the profit for a particular year.
The financial report from the former year and the budget for the new period is what is taken into account.
The individuals that develop the income statement budget would be the accountant.
Read more on income statement budget here:brainly.com/question/24498019
Answer:
$40,970
Explanation:
The computation of the total cost of material purchased in August month is shown below:
Material to be purchased (yards) = (Units required for manufacturing × number of yards needed + September inventory units × number of yards needed × percentage given - opening inventory in yards) × cost per yard
= (14,000 units × 3 yards + 14,500 yards × 3 × 20% - 2,500 yards) × $0.85
= (42,000 yards + 8,700 yards - 2,500 yards) × $0.85
= 48,200 yards × $0.85
= $40,970