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3 years ago

5

Profit is defined as total revenue:__________ a. divided by total cost. b. times total cost. c. minus total cost. d. plus total

cost.

1 answer:

Softa [21]3 years ago

6 0

Answer:

<em>C. Minus total cost</em>

Explanation:

Profit = total revenue - total cost (expenses)

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Which organization recently ruled that Internet service providers could charge different rates to different types of users?

Dmitriy789 [7]

Answer:

Federal communication commission

Explanation:

The organization which recently ruled that the internet service providers who could charge different rates for different types of users was the Federal Communication Commission.

Hope this helps.

Good luck and Thank you.

4 0

3 years ago

Read 2 more answers

Burberry is pursuing a focused differentiation strategy aimed at high-end luxury customers. However, the company is also employi

Elodia [21]

Answer:

Burberry is pursuing an umbrella branding strategy

Explanation:

Based on the scenario being described it seems that Burberry is pursuing an umbrella branding strategy. This type of strategy focuses on having a single brand name for the sale of two or more related products with different specs. Which Burberry is doing by having separate category of items made specifically for different target populations, such as entry-level price point items and couture items, even though they are all under the Burberry brand.

3 0

3 years ago

Baka Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, th

tangare [24]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

The company based its predetermined overhead rate on the total estimated overhead of $244,800 and 9,800 estimated direct labor-hours.

The actual direct labor-hours were 6,300.

Actual manufacturing overhead for the year amounted to $245,400

First, we need to calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 244,800/9,800= $25 per direct labor hour.

Now, we can allocate overhead based on actual direct labor hour:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 25*6,300= $157,500

Over/under allocation= real MOH - allocated MOH

Over/under allocation=245,400 - 157,500= $87,900 underallocated

8 0

3 years ago

A draft is payable "to the order of Joe Jones or to bearer." Sally finds it and demands payment. Should the drawer pay Sally

zhannawk [14.2K]

Answer:

c. Yes, since the word "or" is contained in the instrument, either Joe Jones or the bearer of the draft may obtain payment.

Explanation:

These are options for the question below

a. No, unless Joe Jones's name is crossed off.

b. No, unless "bearer" is handwritten.

c. Yes, since the word "or" is contained in the instrument, either Joe Jones or the bearer of the draft may obtain payment.

d. No, the terminology is ambiguous and therefore the draft must be paid only to the order of Joe Jones.

From the question, we were told that A draft is payable "to the order of Joe Jones or to bearer." Sally finds it and demands payment. Should the drawer pay Sally

The right answer is Yes, this is because the word "or" is found in the instrument, and any one between Joe Jones and the bearer of the draft is liable in obtaining payments,

Note: a draft is an order for money to be paid, it in a written form.

5 0

3 years ago

A hot dog vendor sells an average of 50 hot dogs during a Little League baseball game. If the sales are Normally distributed wit

Kobotan [32]

Answer:

74.64%

Explanation:

Average sales (μ) = 50 hot dogs

Standard deviation (σ) = 7 hot dogs

In a normal distribution, the z-score for any given number of hot dogs sold, X, is determined by:

$z=\frac{X-\mu}{\sigma}$

For X = 45 hot dogs:

$z=\frac{45-50}{7}\\ z= -0.7143$

For X = 65 hot dogs:

$z=\frac{65-50}{7}\\ z= 2.1429$

A z-score of -0.7143 falls in the 23.75th percentile of a normal distribution while a z-score of 2.1429 falls in the 98.39th percentile.

Therefore, the probability that he vendor will sell between 45 and 65 hot dogs is:

$P(45 \leq X \leq 65) = 98.39-23.75\\P(45 \leq X \leq 65) = 74.64\%$

5 0

3 years ago