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3 years ago

What are some of the variable costs of running a flower shop?

2 answers:

6 0

A variable cost is a cost that varies in relation to level of output (either production volume or services provided). Examples for variable costs in running a flower shop are: the shipping cost will vary because it will depends of the number of flower that will be ordered. Also direct materials (like decoration materials) will vary, depending on the number of buyed flowers.

densk [106]3 years ago

4 0

Variable cost are the cost directly proportional to the output. so the variable cost of a flower shop, is first the shipping cost. the shipping cost will vary because it will depends of the number of flower you will order. and the next variable cost are accessory cost, life the wrappers, balloons. it all depends on how much is your production

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Majid Corporation sells a product for $195 per unit. The product's current sales are 42,300 units and its break-even sales are 3

evablogger [386]

Answer:

$1,389,375

Explanation:

Data provided as per the question:-

Product per unit = $195

Current sales = 42,300 units

Break-even sales = 35,175 units

The computation of margin of safety in dollars is shown below:-

Margin of safety (in units) = Total sales - Break-even sales

= 42,300 - 35,175

=7,125 units

Margin of safety (in dollars) = Margin of safety × Product per unit

=(7,125 × $195)

= $1,389,375

5 0

2 years ago

Look at the scenario money creation. how much of the $1,000 deposit is the bank required to keep in reserves?

madam [21]

The quantity of the $1,000 deposit is the bank required to keep in reserves is 20%.

<h3>What is a reserve deposit?</h3>

A reservable deposit would be any bank deposit subject to bank reserves established by the Federal Reserve Bank of the United States.

Some key features of reserve deposit are-

Through the mechanism of fractional reserve banking, such a deposit could be used in part as a loan.
The remaining portion, as established by the Fed's bank reserves, must be kept by bank & made available for prompt withdrawal upon request.
A reservable bank is a banks deposit that is subject to the reserve requirement guidelines of the Federal Reserve.
Transaction (checking) savings account, savings accounts, as well as non-personal time deposits are all examples of reservable deposits.
Sweep accounts, often known as money market funds, is non-reservable deposit account that generate a greater rate of interest than reservable deposit accounts.

To know more about the reservable deposit, here

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3 0

1 year ago

Bill Schultz works at a high power investment firm in Los Angeles. Bill is responsible for promoting the firm's vision and creat

kramer

Answer:

Strategic level

Explanation:

Bill is at the strategic level of the organisational pyramid. He is responsible for allocating the resource of the organisation and taking decisions on behalf of the owners. Bill is at the strategic level because he is also required to make a strategic decision and goals for the company. The strategic level of management is one of the important parts of any organisation, as the strategic performance of the company relies heavily on strategic management.

5 0

2 years ago

Jeremy earned $100,000 in salary and $6,000 in interest income during the year. Jeremy’s employer withheld $11,000 of federal in

Alenkinab [10]

Answer:

Answer is explained below.

Explanation:

Description Amount Computation

(1)Gross Income $106,000 $100,000 Salary+ $6000 Interest income

(2)For AGI Deductions 0

(3)Adjusted Gross Income $106,000 (1) - (2)

(4)Standard Deduction $18350 Head of Household

(5)Itemized deductions $7,000

(6)Greater of standard deduction ($18350) (5)<(4)

and itemized deductions

(7)Taxable Income $87650 (3) + (6)

(8)Income Tax liability $13,790 ($87,650 -$84,200)×24%+$12,962(See tax rate schedule for head of household)

(9)Child Tax credit ($2000)

(10)Tax withholding ($11000)

Income Tax liability $790 (8) + (9) + (10)

4 0

2 years ago

Read 2 more answers

An economy is experiencing a high rate of inflation. The government wants to reduce consumption by $24 billion to reduce inflati

Eva8 [605]

Answer:

It should raise up to 56 percent of taxes

Explanation:

4 0

3 years ago