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Ghella [55]
3 years ago
13

egas Company has the following unit costs: Variable manufacturing overhead $25 Direct materials 20 Direct labor 19 Fixed manufac

turing overhead 12 Variable marketing and administrative 7 Vegas produced and sold 10,000 units. If the product sells for $100, what is the net income using a contribution margin income statement
Business
1 answer:
matrenka [14]3 years ago
6 0

Answer:

$290,000

Explanation:

Calculation for what is the net income using a contribution margin income statement

Using this formula

Net income=(Product sells-Variable manufacturing overhead --Direct materials -Direct labor -Variable marketing and administrative)*Units sold

Let plug in the formula

Net income=($100 – $25 – $20 – $19 – $7) ×$10,000

Net income=$29×$10,000

Net income= $290,000

Therefore the net income using a contribution margin income statement will be $290,000

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Don sends an e-mail to Eve, promising her a percentage of the amount in a foreign bank account if she will assist in transferrin
aleksandrvk [35]

Answer:

b) cyber fraud

Explanation:

Based on the information provided within the question it seems that this is an example of cyber fraud. This refers to a fraud or deception that is done over the internet with the goal of tricking victims in a variety of different ways in order to steal their money, property or even inheritance. Which is the case in this scenario as Don tricked Eve into providing her U.S. bank account, which he used to gain access and steal all her funds.

4 0
4 years ago
The process of applying controls to reduce the risks to an organization’s data and information systems is called ____________
defon

Answer:

The correct answer is: Risk Control.

Explanation:

Risk Control is the steps a firm takes to find possible losses and mitigate them. In the process, the company may find risk factors within the production process that are technical -inherent to the equipment, or non-technical -employees unsatisfied with wages that could lead to a strike, for instance. Risk control aims to set several actions that could avoid further problems in the prejudice of the organization.

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3 years ago
Cindy has pumped over $850,000 into a small business that has consistently lost money every year it has been open. She reasons t
Diano4ka-milaya [45]

Cindy's reasoning illustrates: <u>sunk-cost fallacy</u>.

<u>Explanation</u>:

The term fallacy refers to failure in reasoning and mistaken belief. A sunk cost is a cost incurred in the business that cannot be recovered. The cost invested in the business and lost is referred as sunk cost.

Sunk cost fallacy gives false hope to the people about their investment plan in business and makes them take wrong decision.

In the above scenario, Cindy invested $850,000 into the business. She faced loss continuously and lost her money. But she stills thinks on investing in her business instead of selling it.

7 0
3 years ago
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MrRissso [65]

The expansionary fiscal policy will shift the aggregate demand curve from <u>AD0</u> to <u>AD1</u> and equilibrium will move from point <u>a</u> to <u>b</u> if the economy starts below full employment.

<h3>What is the below full employment?</h3>

Its means when an the short-run real gross domestic product is lower than that same long-run potential real gross domestic product.

Hence, the economic situation will elicit a policy of expansionary fiscal which will affect the aggregate demand graph.

Therefore, the aggregate demand curve from <u>AD0</u> to <u>AD1</u> and equilibrium will move from point <u>a</u> to <u>b</u> if the economy starts below full employment.

Read more about aggregate demand

<em>brainly.com/question/1490249</em>

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3 years ago
Identify each statement as true or false.
Fofino [41]

Answer:

true water and the other day and the other

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