Answer:
Gross margin= $40,000
Explanation:
Giving the following information:
Per-unit product cost: $30
Gross margin percentage:40%
Selling and administrative expenses $30,000
Operating income$10,000
We know that:
operating income= gross margin- selling and administrative income
10000= gross margin- 30000
40000= gross margin
Answer:
Explanation:
B C and D have become tools that have been tried.
Deficit spending is a budget/government policy. Its use should be very limited.
Same with Increased Government Spending. FDR was the master at controlled government spending.
Reducing income taxes is another government policy.
So only A is an example of monetary policy. This is a regulation imposed on the Banks by the Federal Reserve.
Answer:
Marketing is much more than just sales and advertising.
Explanation:
Marketing is when an individual or a firm develop the interest of a client or an intending customer to the product one sells or services one render. It makes use of research, distribution, sales promotion etc .
Before an individual or a business venture goes into marketing, it must make thorough research on who his potential buyers are, how can he convince them to buy the products.
The distribution channel must also be considered, like getting the goods
directly to the buyers or involving middle men. There is also sales promotion when considering marketing. Sales promotion includes all activities aimed at promoting immediate sales like raffle draws, offering gifs after purchase etc.
The basic aim of marketing is to sell, acquire customers and retain them while employing marketing concepts and mix(using place, price, promotion and product).
The amount to be recorded as depreciation expense on December 31, 2021, is (B) $9,590.
<h3>
What is depreciation expense?</h3>
- Depreciation expense is the cost of a depreciated asset for a specific period, and it reveals how much of the asset's value was used up in that year.
- Accumulated depreciation is the entire amount of depreciation expense given to an asset since it was placed in service.
- A business spends $84,000 on new display racks with a useful life of 7 years (84 months) and no residual value.
- The corporation would most likely choose a straight-line depreciation technique, which would result in a $1,000 monthly depreciation expenditure ($84,000/84 months = $1,000 per month).
The straight-line technique of calculating depreciation expense is given below:
- = (Original cost - salvage value) ÷ (useful life)
- = ($173,000 - $8,600) ÷ (10 years)
- = ($164,400,000) ÷ (10 years)
- = $16,440
In this method, the depreciation is the same for all the remaining useful life.
Now for the 7 months, the depreciation expense would be:
- = $16,440 × 7 months÷ 12 months
- = $9,590
Therefore, the amount to be recorded as depreciation expense on December 31, 2021, is (B) $9,590.
Know more about depreciation expenses here:
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The correct question is given below:
A company purchased factory equipment on June 1, 2021, for $173000. It is estimated that the equipment will have a $8600 salvage value at the end of its 10-year useful life. Using the straight-line method of depreciation, the amount to be recorded as depreciation expense at December 31, 2021, is ______.
(A) $16440.
(B)$9590.
(C)$8220.
(D)$6850.
Answer: Zero
Explanation: As per the subject matter of cost accounting and economics. Variable cost can be defined as the cost which changes its level with the level of output produced unlike fixed cost which remain constant at all levels.
Electricity bill, raw materials and packaging are some common examples of variable cost.
So from the above explanation we can conclude that if Bev produce no bags there variable cost would be zero.
