The answer to this question is <span>the international division of labor
</span><span>the international division of labor refers to the system that divide people into several groups that handle only specific task according to their expertise.
This division allow organizations to handles broader aspects of their operation which eventually lead to better wuality of products</span>
Answer:
Decrease
Explanation:
The reason is that the price and demand are inversely proportional so if the price has been increased then the demand of the product will be decreased. Take the example of Bugatti Chiron, the price of the car is $19 million and total number of people that own is in tens this is because the buyers are less in quantity due to higher prices of the product. Same is the case here, if the accountant is going to charge high then his revenue will drop due to lower people are willing to buy its services.
Answer:
2,700
Question Extract:
Assume that Shannon’s is considering the introduction of a new craft beer called Irish Stout that will be derived from its award winning Irish Red. Initially, Irish Stout will only be sold “on premise” at the brewery. Currently, pints of Irish Red consumed on premise sell for $5.00 per pint with unit variable costs of approximately $2.75 per pint. Variable costs are predominantly comprised of the costs of ingredients and utilities that directly affect the brewing process. The new craft beer will be positioned at a slightly higher price, $5.25 per pint and its unit variable costs will be about $3.25 due to the higher cost of some ingredients. The relevant price, cost, and margin data are below. Irish Red Irish Stout Price $ 5.00 $ 5.25 Unit Variable Costs $ 2.75 $ 3.25 Unit Contribution $ 2.25 $ 2.00
Explanation:
Assume that Irish Red’s sales without the introduction of Irish Stout are expected to be 1,200 units. Since the unit contribution for Irish Red is $2.25 per unit, the overall resulting contribution will be 1,200 x $2.25 = $2,700
The anticipated profit (contribution dollars) per month associated with sales of Shannon’s Irish Red assuming that the Irish Stout is not introduced is 2,700.
Answer:
sales daybook
Explanation:
issued to credit customers
Answer:
The market value of this firm is $980,744
Explanation:
The computation of the market value is shown below:
= Current value of building + current value of building + market value of inventory + accounts receivable + cash balance - owing balance
= $1,480,000 + $507,000 + $225,000 ($450,000 × 50%) + $237,844 ($245,200 × 98%) + $10,900 - $1,480,000
= $980,744
We take the market value instead cost value, as question has asked for the market value of the firm
