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IRINA_888 [86]
3 years ago
11

True or false, The standard of living is high in traditional economies.

Business
1 answer:
Kobotan [32]3 years ago
5 0
False. The standard of living is low in traditional economies.
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Dorcan Corporation manufactures and sells T-shirts imprinted with college names and slogans. Last year, the shirts sold for $7.5
stellarik [79]

Answer:

correct option is (A) 16,500 units.

Explanation:

given data

shirts sold = $7.50

variable cost  = $2.25

after tax net income = $5,040

selling price  =$10

solution

we get here first fixed cost that is

Break even sales units = Fixed costs ÷ Contribution per unit   .............1

put here value

20000 = \frac{fixed \  cost }{7.50 -2.25}

Fixed costs = $105000  

and

Fixed costs coming year will be

Fixed costs coming year =  ($105000 × 1.10)

Fixed costs coming year = $115500

and

Variable cost =  $2.25 + ($2.25 × \frac{1}{3} )

Variable cost = $3

so that Contribution margin  will be

Contribution margin = Sales price - Variable cost ............2

Contribution margin = $10 - $3

Contribution margin = $7

and

break even sales units is

break even sales  = \frac{115500}{7}  

break even sales  = 16500 units

so correct option is (A) 16,500 units.

4 0
4 years ago
_______ is part of the new social contract for employees.
lana [24]
I think the answer is e
8 0
4 years ago
Gwen, an independent consultant, traveled to New York City on a business trip. Gwen spent 4 days in business meetings and confer
PolarNik [594]

Answer:

The deductible expense  =  $570

Explanation:

First, the question is not complete, the complete question is as follows

Gwen, an independent consultant, traveled to New York City on a business trip. Gwen spent 4 days in business meetings and conferences and then spent 2 days sightseeing in the area. Gwen's plane fare for the trip was $250. Meals cost $160 per day. Hotels and other incidental expenses amounted to $250 per day.Gwen was not reimbursed by her employer for any expenses. Her AGI for the year is $50,000 and she itemizes but has no other miscellaneous itemized deductions. Gwen may deduct (after limitations).

Solution

How much is the plane fare              $250

How much was spent on means       $640 (160 a day x 4 days)

Subtract: 50% of meal costs               ($320) 0.5 x 640

Hotel Expense was                              $1,000 ($250 x 4 days)

The total is                                            $1,570

Subtract 2% of the AGI                       <u> $1,000</u> (0.02 x 50,000)

The final deductible expense                 $570

This means the amount that Gwen can deduct from the expenses for the trip after the limitations as calculated above is $570

6 0
3 years ago
Cody Barnett describes starting and managing your own business as
artcher [175]

Answer:

Time consuming.

Explanation:

More and more people dream of having their own business not only to dedicate themselves to doing something they like, but also to have more freedom with their time and money.

However, despite the increase in the number of people with this entrepreneurial spirit, not all of them have a deep knowledge of what it means to undertake and are not well aware of the advantages, disadvantages, how to start a business and what kind of profitable businesses can be developed. In addition, many people do not know that setting up their own business is difficult, laborious and time consuming and requires a lot of patience, perseverance and dedication.

4 0
3 years ago
What is an example of cross-contamination
Cerrena [4.2K]
When you mix raw meat with cooked meat
3 0
3 years ago
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