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
vovangra [49]
4 years ago
6

In the private-label operating benchmarks section on p.7 of each issue of the FIR, the industry-low, industry-average and indust

ry-high benchmarks for the margins over direct costs should be interpreted as representing:
A. the gross profit a seller receives on each pair of private-label footwear sold.
B. how much the company received from each pair of private-label footwear sold over and above the cost of pairs sold these dollars are automatically deposited in a seller's retained earnings account and help boost the seller's credit rating.
C. how much sellers of private-label footwear received over and above the costs per pair sold; these margins, if positive, serve to improve a seller's operating profit in the designated region (negative margins over direct cost act to reduce a seller's operating profits in the region).
D. the net profit sellers earn (or lose--in the case of negative numbers) on each pair of private-label footwear supplied to a given region's chain retailers
E. cash that can be used to pay bank loans or increase dividend payments or be deposited in the company's retained earnings (to strengthen the company's balance sheet and credit rating).
Business
1 answer:
Inessa [10]4 years ago
5 0

Answer: Option (C).

The industry-low, industry-average and industry-high benchmarks for the margins over direct costs should be interpreted as representing how much sellers of private-label footwear received over and above the costs per pair sold; these margins, if positive, serve to improve a seller’s operating profits in the designated region (negative margins over direct cost act to reduce a seller’s operating profits in the region).

You might be interested in
A purchase of supplies for cash is recorded in the a.purchases journal b.cash payments journal c.revenue journal d.cash receipts
sergejj [24]

Answer: A purchase of supplies for cash is recorded in the cash payments journal.

8 0
3 years ago
The projections for a new project show sales of 8,500 units, give or take 5 percent. The expected variable cost per unit is $28.
vitfil [10]

Answer:

$56,950

Explanation:

We will calculate the operating cash flow as follow;

OCF = {[($55 - $28.62) 8,500 ] - $170,000} × (1 - 0.35) + ($62,000 × 0.35)

= {[$224,230] - $170,000} × 0.65 + ($21,700)

= $35,249.5 + $21,700

= $56,950

Therefore, the operating cash flow is $56,950

8 0
3 years ago
ABC Ltd. purchased a new 3-D printer for $500,000 at the beginning of year 1. Although this printer is expected to last for 10 y
Klio2033 [76]

Answer:

ɨt աɨʟʟ ɦaʋɛ ʟօst ɨt's ʍaʀҡɛt ʋaʟʊɛ

5 0
3 years ago
The best response to the chicken tactic is to challenge the other party by responding with one's own chicken tactic, thereby cal
goblinko [34]

Answer:

B) False

Explanation:

The chicken tactic is a combination of a huge deceit or bluff about what you really want or need, and a threat to do something usually not very normal or rational. The whole idea is to try to force the other negotiating party to chicken out and surrender to your requests. Both a chicken tactic and a hardball tactic are designed to take advantage of the other party.

The problem with using a chicken tactic is what happens if the other side calls the bluff, will the threat be real or not, and what position will the other side hold. For example, an employer negotiating wage increases with a union, if the employer threats to close the factory and the other party tells him/her to go on and close it, what will be the result. This type of negotiating tactic can result in huge problems.

8 0
3 years ago
The Puyer Corporation makes and sells only one product called a Deb. The company is in the process of preparing its Selling and
Readme [11.4K]

Answer:

The total budgeted fixed selling and administrative expenses for February is $170,400.  The answer is D.

The calculation is as follows:

a) Advertising -  $50,100

b) Executive Salaries -$60,100

c) Depreciation - $20,100

d) Others - $40,100

Total = $170,400.

Explanation:

To obtain the above answer, we add up all the budgeted fixed selling and administrative expenses, excluding variable elements.

Fixed costs are costs which do not vary according to the level of production or activity.

Since the other elements of cost, e.g sales commision, shipping, and part of advertising are variable, these are excluded in getting the fixed selling and administrative expenses.

4 0
4 years ago
Other questions:
  • A consumer is making purchases of products Alpha and Beta such that the marginal utility of product Alpha is 30 and the marginal
    7·1 answer
  • Bioplus Inc. has introduced a new anti-aging cream in the market with a price that is higher than those of similar products from
    14·1 answer
  • A hard drive has stamped on its label: lba = 7,814,037,168. this means that it has _____.
    14·1 answer
  • Perez Manufacturing Company established the following standard price and cost data: Sales price $ 8.60 per unit Variable manufac
    10·1 answer
  • ​"the application of quantitative techniques to purchasing data in an effort to better understand spending patterns and identify
    5·1 answer
  • Doles Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products. Activi
    6·1 answer
  • 11111111111111111111111
    6·1 answer
  • Imagine that David is preparing his will and is trying to decide how to divide his assets between his two grown children. His da
    12·1 answer
  • The journal entry to record the amortization of a bond discount would include a __________ to __________.
    11·1 answer
  • what type of analytics takes past purchasing data as inputs into a model that recommends the best pricing strategy across all fl
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!