Answer:
$4,788
Explanation:
Data provided
Raw material in liters = 720
Purchased readily of new stock material = $6.65
The computation of relevant cost of the raw material is shown below:-
Relevant cost of the raw material = Raw material in liters × Purchased readily of new stock material
= 720 liters x $6.65
= $4,788
Therefore for computing the Relevant cost of the raw material we simply multiply the raw material in liters with purchased readily of new stock material.
Answer: Option A
Explanation: A money based payment system is the one in which the transactions involving exchange of goods and services are performed by using a common denomination called money. In such a system any commodity can be valued on the basis of money.
However in a barter system one commodity is exchanged for the other. Therefore, the double coincidence of wants is needed for fulfilling these transactions. The actual value cannot be determined for any commodity.
From the above we can conclude that the correct option is B.
Personal loans, home loans, student loans, auto loans, and other sorts of loans are among the most common.
What is a loan, in plain English?
A loan is a type of debt that a person or other entity incurs. The lender advances the borrower a certain amount of money, typically on behalf of a business, financial institution, or government. The borrower accepts a specific set of terms in return, which may include any financial costs, interest, a repayment schedule, and other requirements.
What are the different forms of loans?
An amount of money that a person or business borrows from a lender is known as a loan. It can be divided into three basic groups: conventional, open-end and closed-end loans, and unsecured and secured loans.
To learn more about loans from the given link.
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Answer:
Management Science
Explanation:
The administration and management sciences are action and decision sciences, which are supported and articulated in the disciplines of exact sciences and human sciences
The administration and management sciences group disciplines such as finance, human resources, marketing, accounting, information systems, logistics, entrepreneurship, organizational theory, business strategy, marketing strategy, etc.
Answer:
d. $91,250
Explanation:
We can calculate variable costs by using the contribution margin ratio formula.
Contribution Margin Ratio= Sales revenue Less Variable Costs/Sales revenue
45%= $ 425,000- Variable Costs / $ 425,000
45% * $425,000= $ 425,000 -Variable Costs
$ 191250= $ 425,000- Variable Costs
Variable Costs = $ 425,000- $ 191250
Variable Costs = $ 233750
Sales $ 425,000
Variable Costs 233750
Fixed Costs= $ 100,000
Income from Operations= $ 91250
