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il63 [147K]
3 years ago
7

. What is a great system to manage money and prevent taking too much from one category? Please describe the

Business
1 answer:
Allushta [10]3 years ago
4 0

I'm pretty sure the answer would be a budget? A good budget is a way you can keep track of your money. Like what you are spending it on in different categories (like bills, entertainment, food, etc) and how much money is being spent in each.

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Hordel Company needs to determine a markup for a new product. Hordel expects to sell 5,000 units and wants a target profit of $8
tigry1 [53]

Answer:

96.60%

Explanation:

Total Variable Cost = Variable product cost + Variable administrative cost per unit

                                = (5,000 × $79 per unit) + (5,000 × $21 per unit)

                                = $395,000 + $105,000

                                = $500,000

Total Fixed Cost = Total fixed overhead + Total fixed Administrative Cost

                            = $42,000 + $31,000

                            = $73,000

Total fixed cost per unit = $73,000 ÷ 5,000

                                        = 14.6

Total Cost = Total Variable Cost + Total Fixed Cost

                 = $500,000 + $73,000

                 = $573,000

Target profit = 5,000 × $82

                     = $410,000

Desired Selling Price = Total cost + Target profit

                                   = $573,000 + $410,000

                                   = $983,000

Desired Selling Price per unit = $983,000 ÷ 5,000

                                                 = $196.6

Therefore,

Mark up percentage on Variable Cost :

= (Desired Selling Price per unit – Variable Cost per unit) ÷ (Variable Cost per unit) × 100

= [(196.60 – 100) ÷  (100)] × 100

= 96.60%

3 0
3 years ago
Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing firms in Texas will( increase
yarga [219]

I think B by Offering recipients of unemployment insurance benefits a cash bonus if they find a new job within a specified number of weeks

8 0
4 years ago
Read 2 more answers
On a recent concert tour, the Foo Fighters sang a number of classic songs from their past albums, in addition to playing songs f
Brut [27]

Answer:

Generational conflict

Explanation:

The Foo Fighters were trying to reduce generational conflict by playing songs that all of the audience could enjoy, no matter their age.

4 0
3 years ago
is starting her own accounting firm and hires , a freelance web designer who specializes in responsive design to build her busin
sasho [114]

Answer:

No, contracts for personal services are not assignable.

Explanation:

According to a different source, these are the options that come with this question:

Yes, as long as the assignment does not increases the burden on Max.

Yes, Claire can assign her obligations under the contract to anyone who accepts.

No, contracts for personal services are not assignable.

No, the assignment is not valid since Max did not give any consideration.

This is most likely not a good strategy for this woman. The fact that this woman has been hired as a freelance web designer means thta the woman is beig paid for her professional expertise. No one else can perform the job in the way that she can perform it. Therefore, she cannot assign this duty to another person.

8 0
3 years ago
On October 15, WTI agreed to teach a four-month class (beginning immediately) for an individual for $2,561 tuition per month pay
JulijaS [17]

Answer:

Dr accounts receivable   $ 1,280.50  

Cr tuition fees earned                             $ 1,280.50  

Explanation:

At the end of October, WTI would have taught the class for  half a month, hence the commensurate tuition fees earned should be recognized by debiting accounts receivable as an asset while tuition fees earned is credited accordingly.

Half of the month tuition fees=$2,561*1/2=$1,280.50  

The $ 1,280.50  tuition fees earned for half of October is debited to accounts receivable and recognized as revenue earned by crediting tuition fees earned

8 0
3 years ago
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