Cost of goods sold=
beginning inventory+purchase-ending inventory
cost of goods sold
=6,500+21,500−8,500
=19,500
Answer:
The correct answer is 7,020 units.
Explanation:
According to the scenario, the computation of the given data are as follows:
Fixed cost = $117,000
Selling price = $51
Variable cost = $26
Pretax income to earn = 50% of fixed cost
So, Pretax income = 50% × $117,000 = $58,500
So, we can calculate the units required by using following formula:
Units required = (Total fixed costs + Pretax income) ÷ (Selling price - variable cost)
= ($117,000 + $58,500) ÷ ( $51 - $26)
= 7,020 units.
Answer:
Collateral
Explanation:
Collateral <em>is an asset accepted for a loan by a lender as protection. When the borrower fails on the credit payments, the creditor can confiscate and resell the collateral to recover the losses.
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Credits protected through collateral are usually accessible at significantly reduced lending rates than other loans.
The lender's possible explanation to repay the loan on time is convincing.
The missing word is leadership. Organizational leadership is a double engaged administration approach that works towards what is best for people and what is best for a gathering in general at the same time. It is additionally a demeanor and a hard-working attitude that engages a person in any part to lead from the best, center, or base of an association.
<span>In an effort to determine that demand for sunglasses we undertook an exhaustive study of two hundred people along with the types of glasses and the most preferable price points that each group, and subgroup were looking for. Out of 200 people we came up with 14 different price points, ranging from 9.95 all the way up to two 249.00 dollars. We also took into consideration the time of year, it was spring. Also we developed a demand curve based on the time of year and a any new styles that might become popular and developed a formula for refining any demand considerations.</span>