Write the names of sender and receiver of quotation letter in foreign trade.

Advantage, Inc., a tennis equipment manufacturer, has variable costs of $ 0.80 per unit of product. In August, the volume of p

Artemon [7]

Answer:

Total fixed cost= $9,200

Explanation:

Giving the following information:

variable costs= $0.80 per unit.

production= 27,000 units

The total production costs incurred were $30,800.

First, we need to calculate the total variable cost at the production level of 27,000 units.

Total variable cost= 0.8*27,000= $21,600

Total cost= total fixed cost + total variable cost

30,800= total fixed cost + 21,600

Total fixed cost= 30,800 - 21,600

Total fixed cost= $9,200

4 0

3 years ago

The Constitution sets forth specific powers that can be exercised by the national government and provides that t national govern

g100num [7]

The Constitution sets forth specific powers that can be exercised by the national government and provides that the national government has the implied power to undertake actions necessary to carry its expressly designated powers under the Tenth Amendment, all other powers are expressly reserved to the states.

Option: B

Explanation:

The given points are showcasing the federal power, which act as rights within a federal government structure that are totally or conditionally excluded from the operation of each representative political entity. That is, either a local political entity can never practice such powers, or can do so only with the federal government's permission.

The United States' 10th Amendment Constitution interprets that the powers not granted by the Constitution to the United States, nor forbidden by it to the States, are secured for the States, or the individual, accordingly. This Amendment was adopted in 1791, incorporates Federalism's basic values in a parliamentary system of Government.

3 0

3 years ago

Oriole Company purchased equipment for $41600. Sales tax on the purchase was $2496. Other costs incurred were freight charges of

Aleksandr [31]

Answer:

The cost of the equipment is $45,416.

Explanation:

The cost of a newly purchased equipment is the addition of all relevant costs uncured in order to make the equipment ready for use.

The cost of the equipment includes costs such as purchase price, tax paid on the purchase, installation costs, etc.

However, any cost incurred to repair any damage to an equipment during installation is not part of equipment cost. Such repair costs are just ordinary expenses that are charged to the income statement during the period.

Based on the explanation above, the cost of the equipment by Oriole Company can be calculated as follows:

Equipment cost = Purchase price + Sales tax + Freight charges + Installation costs ..................... (1)

Since,

Purchase price = $41,600

Sales tax on the purchase = $2.496.

Freight charges = $624

Installation costs = $696.

Substituting the values into equation (1), we have:

Equipment cost = $41,600 + $2,496 + $624 + $696 = $45,416

Therefore, the cost of the equipment is $45,416.

5 0

3 years ago

An exclusive right to display a word, slogan, symbol, or emblem that distinctively identifies a company, product, or service is

MAXImum [283]

It is referred to as a Trademark

4 0

3 years ago

Sioux Corporation is estimating the following sales for the first four months of next year:January$210,000February$280,000March$

Serjik [45]

Answer:

$358,000

Explanation:

Calculation to determine how much cash should Sioux expect to collect during the month of April

April sales collected in April ($370,000 × 60%) $222,000

March sales collected in April ($340,000 × 40%) $136,000

Total cash collections in April $358,000

($222,000+$136,000)

Therefore the amount of cash that Sioux should expect to collect during the month of April is $358,000

6 0

3 years ago

Write the names of sender and receiver of quotation letter in foreign trade.​

Write the names of sender and receiver of quotation letter in foreign trade.