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natka813 [3]
3 years ago
7

Target profit is $100,000; fixed overhead costs are $120,000 and fixed selling and administrative costs are $50,000. If total va

riable cost is $675,000, the markup percentage to the variable cost using the variable cost method is %. Round your answer to the nearest whole percent
Business
1 answer:
vlada-n [284]3 years ago
3 0

Answer:

40%

Explanation:

The markup percentage to the variable cost using the variable cost method can be obtained by dividing the addition of the target profit and total fixed cost by the total variable cost as follows:

Total fixed cost = Fixed overhead costs + Fixed selling and administrative costs = $120,000 + $50,00 = $170,000

The markup percentage to the variable cost = (Target profit + Total fixed cost) / Total variable cost = ($100,000 + $170,000) / $675,000 = $270,000 / $675,000 = 0.40, or 40%.

Therefore, the markup percentage to the variable cost using the variable cost method is 40%.

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A main advantage of enterprise resource planning (erp) is that it describes a _____ that ensures connectivity and easy integrati
marta [7]
The answer to this question is the term which we commonly heard as "PLATFORM". Hence when the main advantage of enterprise resource planning (ERP) is that it describes a PLATFORM that ensures connectivity and easy integration of future systems including in-house software and the commercial packages. In this case, the analyst must consider the architecture of the system.
4 0
3 years ago
Which kind of listing gives one broker the right to sell, but allows the owner to sell the property and not owe a commission to
Veseljchak [2.6K]

Answer:

Exclusive Agency Listing

Explanation:

For this type of listing, the broker represents the real state seller. However, the seller <u>has the right</u> to sell the property by themselves. If the property were to be sold by <em>other means</em> different that the broker's, the agency will not receive a commision from the seller.

5 0
3 years ago
What is 9 and 5/6 minus 3 and 3/6​
lawyer [7]

Answer:

9\frac{5}{6} - 3\frac{3}{6} = \frac{38}{6}

Explanation:

Since this is an example of mixed whole numbers and fractions, this are mixed fractions.

Since the denominator is the same (6), we are just going to create a proper fraction out of these mixed fractions by multiplying the denominator with the whole number and adding the numerator. Then, the result becomes the new numerator, while the denominator remains the same.

Therefore, we have:

9\frac{5}{6}  = \frac{59}{6}

3\frac{3}{6} = \frac{21}{6}

So when we subtract these two, we get \frac{38}{6}.

7 0
3 years ago
Read 2 more answers
Describe at least three exchange rate factors that are likely to attract foreign investors to a country's currency. Explain why
lana66690 [7]

Answer: 1. High Interest

2. Low Government Debt

3. Political Stability

Explanation:

Foreign Investors are Investors and investors always like to invest where there are prospects of growth and profit.

High Interest Rates give them the opportunity to invest their money in a currency that will give them a great return because a country where there are high interest rates imparts this on its currency which causes it to rise in value thereby giving currency holders a capital gain.

Another factor is Government Debt. A country with high Government debt will typically be unable to raise funds through the bond market easily. This shortage of funds can lead to inflation which devalues currency causing foreign currency investors to flee.

Finally there is the Political Factor (other factors exist). A stable country politically stands a better chance of maintaining a higher value currency that one with lower political stability. This is because political Stability attracts investors and as more investments come into a country, this reflects in its currency by making it stronger which will attract foreign currency investors.

6 0
3 years ago
Although Lenin wanted to establish, for the short term, a state-capitalist economic system in Russia, which resembled the succes
SashulF [63]

Answer:

war communism

Explanation:

The necessities of the civil war pushed the government to a more radical economic system known as war communism. This were the economic policies that were introduced in Russia in 1918 towards the end of the first World War by Vladimir Lenin which was the leader of Russia at that time. This Economic Policy was terminated in 1921 and was deemed as a failure.

4 0
3 years ago
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