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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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stepladder [879]

Answer:

The amount of dividend received by common stockholders in 2017 = $7500

Explanation:

The preference shares are cumulative which means the 2015 dividend on cumulative preference shares will be paid in the next year when dividend is declatred.

The total dividend on preference shjares is = 2500 * 100 * 0.05 = $12500

In 2016 dividend of 22500 is declared and paid.

Out of this 22500, 12500 relates to prefernece dividend for 2015.

The remaining 10000 relates to 2016 preference dividend. Thus, 2500 of 2016 preference dividned is outstanding and will be paid in 2017.

In 2017 out of 22500, 15000 (12500 + 2500) dividendd is paid to preference share holders.

The amount of dividend received by common stockholders in 2017 = 22500 - 15000 = $7500

7 0
3 years ago
Compared to traditional nonprofit startups, enterprising nonprofits are far less likely to survive in business after the first f
mash [69]

Compared to traditional nonprofit startups, enterprising nonprofits are far less likely to survive in business after the first five years: FALSE

<h3>Traditional nonprofit startups and enterprising nonprofits startups:</h3>
  • Enterprising Non-Profits, or enp, is a one-of-a-kind collaborative program that encourages and supports the establishment and growth of social enterprises as a means of building successful non-profit organizations and healthier communities.
  • A tax-exempt organization created for religious, charitable, literary, artistic, scientific, or educational objectives is known as a non-profit enterprise.
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As it is given in the description itself, unlike traditional nonprofit starts, enterprising nonprofits are considerably more likely to survive after the first five years.

Therefore, the statement "compared to traditional nonprofit startups, enterprising nonprofits are far less likely to survive in business after the first five years" is FALSE.

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Complete question:

Compared to traditional nonprofit startups, enterprising nonprofits are far less likely to survive in business after the first five years. TRUE or FALSE

6 0
1 year ago
Vernon is a cash basis taxpayer with a calendar tax year. on october 1, 2016, vernon entered into a lease to rent a building for
tester [92]

Answer:

$9,000

Explanation:

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= 3 months x $3,000 per month = $9,000

This logic applies to every expense that is paid in advance, you can only deduct payments that apply for the current tax year.

8 0
3 years ago
Individuals cannot purchase health insurance policies directly from commercial insurance companies.
kozerog [31]

Answer:

True

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4 0
3 years ago
As of December 31, 2018, Moss Company had total cash of $160,000, notes payable of $86,000, and common stock of $52,800. During
tatyana61 [14]

Given:

Total cash = $160,000

Notes payable = $86,000

Common stock = $52,800

Find:

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Computation for retained earning:

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$160,000 = $138,800 + Retained earning

Retained earning = $160,000 - $138,800

Retained earning = $21,200

6 0
2 years ago
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