Answer:
1.- For sofa it can pay at most 60 dollars per hours
2.- 17.5 per hours
3.- It should. It will create additional gains.
Explanation:
- Recliner Sofa Love Seat
Sales 1,400 1,800 1,500
variable 800 1,200 1,000
Contribution 600 600 500
Labor Hours 8 10 8
Contribution \: per \: hour 75 60 62.5
1.- Contribution per hour 60 dollars for SOFA
it can pay up to this amount.
2.-
contribution per hour - labor cost per hour = net
62.5 - 45 = 17.5 Contribution Margin per hour
3.-
It should hire it. t is generating additional profit.
Answer:
The recording label should increase the production and distribution of Here band
Explanation:
In the given question it is stated that the Music stores can markup to the price of $17.99 with continued strong sales against the listed price of $14.99.
Now,
The markup price is the extra amount that is over the cost of product or the service.
Thus,
Here, the Markup will further increase the profit by $17.99 - $14.99 = $3
Hence,
The recording label should increase the production and distribution of Here band
Answer:
10 tabletops
Explanation:
Given that her basic weekly income is $300
Hence for her to meet are target of $1000 she has to work for the extra $700 since $300 is guaranteed
If one completed table top earn her $75
Hence she must complete 10 table tops to earn $750
Total earning = 750+300= $1050
Answer:
D
Explanation:
Liability means being responsible for something, usually by law, so liability insurance is when insurance protects you from charges from the other party's injuries and/or damage to their car in the case of an accident.
Answer:
a. 0.36
Explanation:
The computation of the gross profit rate is shown below:
Gross profit rate = Gross profit ÷ Net sales revenue
where,
Net sales revenue = Sales revenue - Sales return and allowances - sales discounts
= $160,000 - $3,000 - $7,000
= $150,000
And, the Cost of goods sold is $96,000
So, the gross profit is
= $54,000 ÷ $150,000
= 0.36
