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Nikolay [14]
3 years ago
11

2. Meatball Corporation, a merchandising company, reported the following results for June. Number of units sold 6,700 Selling pr

ice per unit $600 Unit cost of goods sold $419 Variable selling expense per unit $62 Variable administrative expense per unit $30 Total fixed selling expense $126,200 Total fixed administrative expense $208,100 *Cost of goods sold is a variable cost in this company. 1) Prepare a traditional income statement for June.
Business
1 answer:
lesantik [10]3 years ago
7 0

Answer:

See below

Explanation:

Preparation of traditional income statement

Sales $600 × 6,700. $40,20,000

Less variable cost

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Erin promises to pay her friend Stephanie$10,000 if Stephanie refrains from eating any foods that contain animal products. Steph
Dmitrij [34]

Answer:

Yes

Explanation:

There was a valid consideration because an amount of money $10,000 was promised and clearly agreed between both parties Erin and Stephanie.

There is an enforceable contract because there was an offer and acceptance; mutual obligation and consideration, and the subject matter was not illegal.

Contracts must not be written to be enforceable. Erin and Stephanie's contract was oral and still enforceable. The question however will be if Erin is of age to be able to pay $10,000 otherwise the contract may not be enforceable or binding.

8 0
4 years ago
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Great Lakes Packing has two bond issues outstanding. The first issue has a coupon rate of 3.82 percent, a par value of $2,000 pe
balu736 [363]

Answer:

3.1781

Explanation:

here you go. I hope thats correct.

3 0
3 years ago
Au Sable Corporation reported taxable income of $800,000 in 20X3 and paid federal income taxes of $272,000. Not included in the
podryga [215]

Answer:

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Explanation:

The computation of the current earnings and profits are shown below:

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= $603,000

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7 0
3 years ago
(Last word) which market structure best characterizes the various internet markets?
Bess [88]
The answer to the given question above is option A. Differentiated oligopoly is the market structure that best describes different internet markets. When we say differentiated oligopoly, this is when different markets produce the same product but make a slight difference in order to differ their prices. Hope this helps.
6 0
3 years ago
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Ymorist [56]

Answer:

Is my approach professional and beneficial for the company?

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4 years ago
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