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
A ________ refers to a line of credit that is guaranteed by the bank
denis-greek [22]

revolving credit agreement

5 0
3 years ago
Record the following transactions for Lett Company. (Credit account titles are automatically indented when the amount is entered
Tanya [424]

A transaction is any monetary business event that impacts a business's financial statements.

<h3>The journal entries </h3>

The journal entries are as follows

On August 4

Account Receivable $610

 To Sales Revenue   $610

(Being the goods sold on credit basis is recorded)

On August 7

Sales Return and Allowances $60

  To Accounts Receivable $60

(Being the sales allowance is recorded)

On August 12

Sales Discount   $11  

Cash $539

 To Accounts Receivable $550

(Being the amount paid is recorded after considering the 2% discount

To learn more about financial statements visit the link

brainly.com/question/14951563

#SPJ4

7 0
2 years ago
Your stockbroker executed the following trades for your account: • 50 shares of Kaiser Aluminum at $104 a share • 100 shares of
katrin2010 [14]

Answer:

$46.51

Explanation:

The weighted arithmetic mean can be defined as:

M = \frac{n1P1 + n2P2 +n3P3}{n1 +n2+n3}

Where n is the number of shares and P is the share price, then:

M= \frac{50*104 + 100*25.25+ 20*9.125}{50+100+20} \\ M= \frac{7907.5}{170}\\M= 46.514

Based on this, the weighted arithmetic mean price per share is $46.51

4 0
3 years ago
A survey of 1000 executives ranked _____________ at the top, as the ideal manager's skill. a. listening b. conflict resolution c
kotegsom [21]

Answer:

The correct answer is letter "A": listening.

Explanation:

Ideal manager skills are a set of practices and preferred behaviors high-range executives are expected to have or develop for managerial purposes. Among those aptitudes good communication and organization are vital. That is why listening is very important since managers must listen to their bosses as well as to their subordinates and customers.

7 0
3 years ago
What are 3 categories of soft skills?
dimaraw [331]
Personal, social and methodical skills
5 0
3 years ago
Read 2 more answers
Other questions:
  • The Lone Cactus Nursery has the following general ledger account balances as of August.
    6·1 answer
  • The process of refining the system to make sure that it continues to meet business and organizational needs is called _____. Sel
    8·1 answer
  • Beyer Company is considering the purchase of an asset for $180,000. It is expected to produce the following net cash flows. The
    6·1 answer
  • g On January 2, Yorkshire Company acquired 34% of the outstanding stock of Fain Company for $400,000. For the year ended Decembe
    7·1 answer
  • Sabrina, a production manager at Orrin Co., needs to measure the performance of 12 of her subordinates. She divides the number o
    7·1 answer
  • Banks fail when the value of bank ________ falls below the value of ________, causing the bank to become insolvent.
    15·1 answer
  • Sarah buys 500 shares of stock at $18 and sells the holding for a capital gain of $3,000. What was the share price at the time o
    7·1 answer
  • PLSSS HELP!!!
    14·1 answer
  • A firm charges each customer the highest price that customer will pay for the marginal unit under:____.
    14·1 answer
  • Which two ways can customer service and support affect sales (choose two)
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!