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Anna35 [415]
3 years ago
14

A manufacturing company that produces a single product has provided the following data concerning its most recent month of opera

tions: The total contribution margin for the month under variable costing is:
Business
1 answer:
Ivanshal [37]3 years ago
3 0

Answer:

$12,100

Explanation:

The contribution margin of a product may be defined as the price of the product minus the associated variable cost which results in the incremental profit that is earned when one unit of the product is sold. It is obtained by subtracting the total variable cost from the total sales of the product.

In the context, the total contribution margin of a product for the month under the variable costing would be $12,100 for the manufacturing company.

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Active policy making refers to
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Nondiscretionary policy making.

relying on policies that act as automatic stabilizers.

actions taken by policy makers in response to or in anticipation of some change in the overall economy.

policy making that is carried out in response to a rule.
5 0
3 years ago
Molly sells bracelets to Jean's Place, a boutique store. Molly is scheduled to deliver 100 bracelets on July 1. On June 15, Jean
BabaBlast [244]

Answer: False

Explanation:

The contract is such that Molly agreed to bring bracelets if Jean would pay for said bracelets.

The terms of the contract therefore are that Jean would pay and Molly would deliver. Jean then calls Molly and says that they will be unable to pay which means that they are not going to be able to hold up their responsibilities in the contract.

Molly has the right to then cancel the contract because the other party will not be able to perform their obligations and face no repercussion for it.

6 0
3 years ago
Woods Company made an ordinary repair to a delivery truck at a cost of $500. Woods' accountant debited the asset account, Equipm
Nutka1998 [239]

Answer:

Yes this statement was an error and its effect on financial statements of Woods will be that asset ( equipment in this case) would be overstated and obviously the net income of the company would also increase.

Explanation:

Here Woods accountant has made the error of debiting the cost of $500 on the asset account ( equipment) , which shouldn't have happened  as the asset accounts have natural debit balance which means that when an amount is debited to the asset account it will increase the value of the asset.

So therefore here we can say that the asset here is overstated and if the assets are shown overstated it is natural that the income reflected would also be overstated.

5 0
3 years ago
The three industrialized nations that do not provide paid maternity leave by law are Select one: a. Canada, Italy, and Japan. b.
stellarik [79]

Answer:

b. Australia, Swaziland, and the United States.

Explanation:

The three industrialized nations that do not provide paid maternity leave by law are Select one: Australia, Swaziland, and the United States.

The United States has been said to be the stingiest of all developed nations as it leads the way as the richest developed country but still don't guarantee paid maternity leave.

Most others including Canada, mandates paid time off to women after they give birth.

5 0
3 years ago
A business-level strategy is: a. a marketing and positioning program designed to explain a business to its customers. b. an inte
ElenaW [278]
B. an integrated and coordinated set of commitments and actions the firm uses to gain a competitive advantage by exploiting core competencies in a specific product market.
4 0
3 years ago
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