Answer:
56.46%
Explanation:
The computation of the gross profit percentage is shown below
Gross profit percentage is
= (Sales - cost of goods sold) ÷ (Sales) × 100
where,
Sales is $850,000
And, the cost of goods sold is $344,600
Now placing these values to the above formula
So, the gross profit percentage is
= ($850,000 - $344,600) ÷ ($850,000) × 100
= $505,400 ÷ $850,000 × 100
= 56.46%
Answer:
direct material charge = $8500
Explanation:
given data
April 1 balance = $24000
April 30 Direct materials = 80000
April 30 Direct labor = 60000
April 30 Factory overhead = 54000
April 30 finished goods = 200000
so balance is = finished goods - ( balance + Direct materials + Direct labor + Factory overhead )
put here value
balance = 200000 - ( 24000 + 80000 + 60000 + 54000 )
balance = 18000
so here balance above $18000 is total manufacture cost of job no 100
so direct material charge for job no 100 is
direct material charge = manufacturing cost - applied cost - direct labour cost
direct material charge = 18000 - 4500 - 5000
direct material charge = $8500
Answer:
A liquidated damages clause
Explanation:
A liquidated damages clause or provision is included in an agreement specifying an amount of money that establishes the damages that will be recovered by one party in the event of another party's breach to the contract.
Liquidated damages are agreed upon by parties to the contract at the time of signing the agreement.
In this scenario, the provision of $1,000 in the agreement constitutes a liquidated damages clause.
Answer: option D
Explanation: Borrower or demander refers to the person who is asking and expecting some other party to give him some commodity with the arrangement that he or she will get that commodity back to the lender.
In the given case, Noberto has more outflows than the inflows hence he must be having shortage of fund. Thus, to cope with that shortage he can only borrow or demand the finds from any other entity.
Hence from the above we can conclude that the correct option is D.
Answer:
B) The Madrid Protocol
Explanation:
The Madrid Protocol is the international system used to register trademarks around the world. This protocol is based originally on the multilateral treaty of 1891 called the Madrid Agreement Concerning the International Registration of Marks. That treaty was later updated in 1989 by the Protocol Relating to the Madrid Agreement. By 2019, 120 countries had signed the Madrid Protocol.
