1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
devlian [24]
3 years ago
13

The following data relate to a company that produces and sells a travel guide that is updated monthly: Each book sells for $20.0

0. The company sold 8,000 books in June and 10,000 books in July. The unit contribution margin per book is:
Business
1 answer:
Arturiano [62]3 years ago
7 0

Answer:

10.30

Explanation:

20

8000

160 000 June

10000

200 000 July

20 - 3.20 -4 - .50 -2 = 10.30

costs:Printing and binding...............................$3.20 per copyBookstore discounts................................$4.00 per copySalespersons’ commissions....................$0.50 per copyAuthor’s royalties...................................$2.00

You might be interested in
Explain why America has a debt problem.
kenny6666 [7]

Answer:

That's because as a country's economy grows, the amount of revenue a government can spend to pay its debts grows as well. In addition, a larger economy generally means the country's capital markets will grow and the government can tap them to issue more debt.

Explanation:

hope it helps

7 0
2 years ago
Pharoah Company Ltd. publishes a monthly sports magazine, Fishing Preview. Subscriptions to the magazine cost $28 per year. Duri
never [62]

Answer and Explanation:

The Journal entry is shown below:-

On  November 2022

Cash Dr, $193,200            (6,900 × $28)

               To Unearned Subscription Revenue $193,200

(Being the receipt of the subscriptions is recorded)

Therefore to record the receipt of the subscriptions we simply debited the cash as it increased the assets and we credited the unearned subscription revenues as increased the liability so that the correct posting could be done

3 0
4 years ago
After much searching, Mort located an old banking friend of his father's. The banker offered Mort up to $25,000 in unsecured fun
VladimirAG [237]

Here, in the given case, Mort was offered a <u>line of credit </u>financial facility. Therefore, Option D is the correct choice.

<h3>What is a line of credit?</h3>

A line of credit is a versatile mortgage from a monetary group that includes a described amount of cash that you could access as needed and pay off both right now or over time. Interest is charged on a line of credit as quickly as money is borrowed.

The missing information in the question is given below:

A. revolving credit agreement.

B. asset guarantee pledge.

C. pledging agreement.

D. line of credit.

Therefore, Here, in the given case, Mort was offered a<u> line of credit </u>financial facility. Therefore, Option D is the correct choice.

Learn more about line of credit:

brainly.com/question/27126499

#SPJ1

4 0
2 years ago
Which type of credit is used for utilities? installment credit secured credit card service credit unsecured credit card
balandron [24]
The type of credit that is used for utilities is : Service credit

With service credit you can make it easier to pay utility bills such as gas, electricity, water, phone services, etc under one account

hope this helps
5 0
3 years ago
A special arrangement of machinery and equipment to focus on production of a single product or group of related​ products" descr
ratelena [41]

Answer:

C.

Explanation:

Is a temporary assembly-line-oriented arrangement of machines and personnel in what is ordinarily a process-oriented facility.

Workcells are designed to improve the process flow and eliminating waste.

Characteristics:

- Reorganizes people and machines into groups to focus on single products or product groups.

- Group technology identifies products that have similar characteristics for particular cells.

- Volume must justify cells.

- Cells can be reconfigured as designs or volume changes.

Requirements:

- Identification of families of products.

- A high level of training and flexibility on the part of employees.

- Either staff support or flexible, imaginative employees to establish work cells initially.

4 0
3 years ago
Other questions:
  • Hitzu Co. sold a copier (that costs $5,500) for $11,000 cash with a two-year parts warranty to a customer on August 16 of Year 1
    9·1 answer
  • In the past, how have you handled receiving conflicting instructions from different people at the same time?
    14·1 answer
  • What are the three major parts in the organization and marketing<br> section of the business plan?
    6·1 answer
  • On October 31, 2021, Damon Company’s general ledger shows a checking account balance of $8,400. The company’s cash receipts for
    10·1 answer
  • GloboTron is headquartered in Argonia, and it operates over 500 factories around the world. It is one of the world's major produ
    8·1 answer
  • Why might a person decide to take advantage of a non-installment credit offer?
    9·1 answer
  • Spencer Supply’s stock is currently selling for $60 a share. The firm is expected to earn $5.40 per share this year and to pay a
    7·1 answer
  • When shoppers boycotted target because the chain had a policy of not allowing solicitors, including the salvation army, to colle
    6·1 answer
  • Rhiannon, a long-time employee for a healthy pet food company, conducts research about what customers want for their pets. She
    9·1 answer
  • The systematic risk principle states that the expected return on a risky asset depends only on the asset’s ___ risk.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!