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4 years ago

Which of the following most accurately explains why commodity money has

Business

1 answer:

butalik [34]4 years ago

5 0

Answer:

The correct answer is (D)

Explanation:

The most and critical use of money is that it can be used as a medium of exchange. Likewise, the main reason why money is considered as an essential factor is that it can be traded for any good or service. So, commodity money is a good that can be used as a medium of exchange or for some other purpose.

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In the process of brainstorming his goals, Robert realized his Web business was more about money than creativity. His decision t

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From what I understand here, it is the company that will be creating the 5000 monthly income. This is an example of a specific measurable goal since the goal of Robert is to make sure that the monthly net income of his company would reach at least 5000. Since he is the boss of his company, this is also probably his personal mission for his company so that he will be motivated to keep on bringing his company to better heights. This will also probably motivate his employees to work harder as well.

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4 years ago

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when zoning deprives the owner of all economic value of her property, it will be categorized be scrutinized under the constituti

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2 years ago

Carolina City places an order for a specific item of equipment and encumbers $6,000 for that item. The equipment arrives with an

IceJOKER [234]

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3 years ago

Why would you write a complaint to a company?

Harlamova29_29 [7]

Maybe because they didn’t give you what you asked for, or gave you something bad or low quality. hope i gave you some good options! :)

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3 years ago

Moyas Corporation sells a single product for $10 per unit. Last year, the company's sales revenue was $310,000 and its net opera

MissTica

If fixed expenses totaled $108,000 for the year, the break-even point in unit sales was:21, 600 Units

Explanation:

The Break Even Point in units is 21,600units.

We follow the below steps in order to arrive at the answer:

First we find Total variable costs of Moyas Corporation

Net operating income=Sales-variable cost-Fixed cost

47000=310000-variable cost-108000

Variable cost=310000-108000-47000

Variable Cost=155000

Next we find the number of units sold

No:of unit sold= Total Sales/Selling price per unit

No:of unit sold =310000/10=31,000

Then we find Variable Cost per unit

Variable cost per unit=Total Variable cost/Number of unit sold

Variable cost per unit=155000/31000=5

We calculate Contribution Margin per unit

Contribution Margin per unit =Selling price per unit-Variable cost per unit

Contribution Margin per unit = 10-5= 5

Finally we calculate Break Even Point (BEP) in units as:

BEP=Fixed cost per unit/Contribution Margin per unit

BEP=108,000/5=21600 Units

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3 years ago