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Ludmilka [50]
3 years ago
8

Rachel paid $600 per month to rent a workshop. She paid weekly salaries to her three employees, amounting to a total of $3600 fo

r a month. She also purchased insurance coverage for her workshop (and her business) at a monthly premium of $300. She then spent $1,200 on purchasing raw materials each month. What was the average total cost of her establishment if she sold 300 units every month? Rachel’s average total cost is _? per month.
Business
2 answers:
mafiozo [28]3 years ago
5 0

Answer:

<u>The correct answer is that Rachel's workshop total cost is US$ 5,700 per month and US$ 19 of average cost per unit sold every month.</u>

Explanation:

<u>1. Rachel's workshop monthly costs</u>

Rent US$ 600

Salaries US$ 3,600

Insurance premium US$ 300

Raw materials US$ 1,200

<u>Total monthly costs US$ 5,700</u>

<u>2.  Rachel's workshop average monthly costs</u>

Number of units sold per month = 300

Average monthly costs = Total monthly costs/Number of units sold

Average monthly costs = 5,700/300

<u>Average monthly costs = US$ 19</u>

SCORPION-xisa [38]3 years ago
4 0

Answer:19

Explanation:

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Answer:

Micro environment                                              

Explanation:

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For instance, the suppliers of raw materials are giving big corporations more compromises. We might not offer small businesses the same concessions though. Thus, from the above we can conclude that the correct answer is micro-environment.

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3 years ago
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sammy [17]
When a number of countries are working harmoniously together, then they would have no problems involving coordination and policy harmonization. It is inevitable to have a difference in opinions brought about by the diversity of culture. However, when countries respect each other's views, they work hand in hand to adjust and compromise with each other. So, the statement is false. The answer is B.
6 0
3 years ago
Corris Co. accumulates the following data concerning a mixed cost, using miles as the activity level. Miles Driven Total Cost Ja
Sedbober [7]

Answer:

Variable cost per unit= $1.5

Fixed costs= $2,000

Explanation:

Giving the following information:

Miles Driven Total Cost

January 10,000 $17,000

February 8,000 13,500

March 9,000 14,400

April 7,000 12,500

<u>To calculate the variable and fixed costs under the high-low method, we need to use the following formula:</u>

Variable cost per unit= (Highest activity cost - Lowest activity cost)/ (Highest activity units - Lowest activity units)

Variable cost per unit= (17,000 - 12,500) / (10,000 - 7,000)

Variable cost per unit= $1.5

Fixed costs= Highest activity cost - (Variable cost per unit * HAU)

Fixed costs= 17,000 - (1.5*10,000)

Fixed costs= $2,000

Fixed costs= LAC - (Variable cost per unit* LAU)

Fixed costs= 12,500 - (1.5*7,000)

Fixed costs= $2,000

5 0
3 years ago
Concord Company on July 15 sells merchandise on account to Pharoah Co. for $3800, terms 3/10, n/30. On July 20 Pharoah Co. retur
babunello [35]

Answer:

The amount of cash received from this sale on July 24 is $1940.

Explanation:

The sell of merchandise on July 15 will result in an increase in sales revenue of $3800 and accounts receivables of $3800. The entry would be,

July 15 Accounts receivable     $3800 Dr

                 Sales revenue              $3800 Cr

The sales return of $1800 will reduce the amount of accounts receivables. The amount of accounts receivables outstanding and eligible to receive payment from will be (3800 - 1800) = $2000

The accounts receivables are offered a 3% discount if they pay within the 10 days of sale. On July 24, the payment is received within discount period and the discount allowed will be,

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6 0
3 years ago
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Pavlova-9 [17]

Answer:

$7,738,000

Explanation:

The computation of total stockholders' equity is shown below:-

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= $7,738,000

Therefore for computing the total stockholders' equity we simply add all values except treasury stock and deduct the treasury stock.

5 0
3 years ago
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