1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Tatiana [17]
3 years ago
9

Sitz Company makes chairs. The budgeted selling price is​ $55 per​ chair, the variable rate is​ $25 per chair and budgeted fixed

costs are​ $20,000 per month. What is the budgeted operating income for​ 3,100 chairs sold in a​ month?
Business
1 answer:
Zolol [24]3 years ago
7 0

Answer:

$73,000

Explanation:

Data provided in the question:

Selling Price per unit = $55

Variable rate per unit = $15

Budgeted fixed costs = ​ $20,000

Number of chairs sold = 3,100

Now,

Contribution per unit = Selling Price per unit - Variable rate per unit

= $55 - $25

= $30

Therefore,

Total contribution = Contribution per unit  × Number of chairs sold

= $30 × 3,100

= $93,000

Hence,

Operating income = Total contribution - Budgeted fixed costs

= $93,000 - $20,000

= $73,000

You might be interested in
Going directly to a car dealer for a loan to keep things simple is a...
gizmo_the_mogwai [7]

Answer:

c will be the answer if not try A

7 0
3 years ago
what might happen to a product when supply is low? a. the price will go up. b. the price will go down. c. the price will stay th
kakasveta [241]
Answer: A. The price will go up
Reason: Since supply is low, it will cost more to make more, raising the price for a temporary time
4 0
3 years ago
A self-employed psychologist treats clients in an office in his own house. What must the psychologist do with his house in
mr_godi [17]

Answer:

A self-employed psychologist treats clients in an office in his own house. What must the psychologist do with his house in  order to best serve clients?keep the house clean and private

Explanation:

Psychology is a branch of medicine that deals with mental health services and counselling to help assess and improve a patient's mental health state. In the recent past, mental health has become a major concern since it is very important in our social and personal life. Mental health affects how we feel, think and react to various situations in the environment. More people are taking mental health very serious as more people seek the treatments and services of psychologists. A psychologist is one who studies the mental health of people and offers treatment and counsel on how the patient can improve mentally.

Psychologists often require there patients to express their deepest mental and emotional states. This is leaves the patient vulnerable in most cases. To protect patients in such cases against vulnerability, the psychologists are often required to abide by a code of ethics such that the patient information is kept safe and secure. For a self-employed psychologist who treats his patients in an office in his own house, code of practice states that the house has to be clean and private.

4 0
3 years ago
Consumers should be concerned about high interest rates because high interest rates __________.
svlad2 [7]
Consumers should be concerned about high interest rates because high interest rates equals to higher interest/ more money that needs to be paid.
4 0
4 years ago
an employee is taking cash and making up the difference by holding the deposit until the next cash receipts are received. the be
PtichkaEL [24]

An employee altering accounts receivables to conceal stolen cash is a fraudulent practice known as a "lapping scheme."Using a subsequent receivables payment from a transaction, such as a sale, to cover the theft is the strategy.

Is it fraud to steal cash receipts?

The majority of receipt fraud is committed by an organization's employees. It could occur if incoming cash or checks are stolen, or if customer debt records are altered in exchange for cash rewards or other incentives. Action Fraud should be notified of any fraudulent activity.

What is the term for when staff at a client take cash from the bank?

Using company or client assets for personal gain is known as asset misappropriation. Another name for this is "stealing." Asset misappropriation can be broken down into two main categories: non-cash and cash.

Learn more about accounts receivables here:

brainly.com/question/24871345

#SPJ4          

7 0
1 year ago
Other questions:
  • Owning provides _________ flexibility but can lead to _________ costs in the long-term. Agreater; higher Bgreater; lower Cless;
    12·2 answers
  • Mettel Products sells 100,000 flash drives annually to industrial distributors who resell the drives to business customers for $
    9·1 answer
  • Prevention of tire inflation accidents after mounting tires on wheels may be accomplished by:
    12·1 answer
  • List five things stereotypes are commonly based upon.
    11·2 answers
  • Do you feel like you've lived this same day many times?
    11·1 answer
  • Heap Corporation is considering an investment in a project that will have a two year life. The project will provide a 10% intern
    10·1 answer
  • A company’s bonds currently sell for $1,200. The bonds have a 6-year maturity, a 6% coupon paid semi-annually, and a par value o
    14·1 answer
  • A certain insurance company charges Mike's wife $250 for a one-year $100,000 life insurance policy. Because Mike is a 21 year-ol
    10·1 answer
  • A common step in the testing for accounts payable is to test subsequent disbursements for improper/proper inclusion/exclusion in
    6·1 answer
  • In Mynex Company completes Job No. 26 at a cost of $4,500 and later sells it for $7,000 cash. A correct entry is:________.a. deb
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!