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swat32
3 years ago
9

In 2012, more than 1.4 billion movie tickets were sold, more than 17 million people attended NFL games, and about 30 million peo

ple attended concerts. According to these statistics, which fields cover a major part of the American economy?
Business
1 answer:
Anna11 [10]3 years ago
6 0

Answer:

a) Entertainment, sports, and tourism

Explanation:

Data given in the question

Number of movie tickets sold = 1.4 billion

Number of people attended NFL games = more than 17 million

Number of people attended concerts = 30 million

So according to the above data, the major part of the american company is covered into entertainment, sports and tourism

Hence, the correct option is a.

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Waterway Company uses a periodic inventory system. For April, when the company sold 450 units, the following information is avai
GalinKa [24]

Answer:

Ending inventory is $20,390

Cost of goods sold = $14,190

Explanation:

Given:

Unit sold in April = 450

Beginning inventory = 260 units × $29 = $7,540

Purchased on April 15 = 360 units × $35 = $12,600

Now goods sold is 450 units. Since company follows FIFO, it will sell 260 units @ $29 first and then 450 - 260 = 190 units from goods purchased on April 15.

Cost of goods sold = 7,540 + (190×35)

                                 = $14,190

Closing inventory:

April 15 purchase = 35×(360 - 190)

                            = $5,950

April 23 purchase = 380×$38 = $14,440

Total closing inventory = 14,440 + 5,950 = $20,390

Cost of goods sold can be verified in the following manner:

Total cost of goods available for sale = $34,580

Ending inventory = $20,390

Cost of goods sold = 34,580 - 20390

                              = $141,90

6 0
3 years ago
Pam and Lennyâs ice cream shop charges $1.6 for a cone. Variable expenses are $0.35 per cone, and fixed costs total $2,200 per m
Andrei [34K]

Answer:

Pam and Lenny's Ice Cream Shop

a. The effect of the promotion on operating income for the second week of February is an increase by $350.

b. The promotion should occur.  The shop will make additional operating income of $350 within the second week.  And there will be spillover positive effects during the coming weeks after the promotion.

Explanation:

a) Data and Calculations:

Selling price per cone of ice cream = $1.60

Variable expenses = $0.35

Contribution = $1.25

Fixed costs per month = $2,200

Additional sales from the promotion = 650 cones

Revenue from additional sales = $1,040.00 ($1.60 * 650)

Variable cost                                     227.50 ($0.35 * 650)

Cost of promotions:

Giveaways                                        297.50 ($0.35 * 850)

Advertising costs                              165.00

Total costs                                      $690.00

Additional income                          $350.00

6 0
3 years ago
Aleutian Company produces two products: Rings and Dings. They are manufactured in two departments: Fabrication and Assembly. Dat
Wittaler [7]

Answer:

Estimated manufacturing overhead rate= $3 per machine hour

Explanation:

Giving the following information:

Machine Hours Per Unit:

Rings= 6 (1,000 units)

Dings= 11 (2,040 units)

All of the machine hours take place in the Fabrication Department, which has an estimated total factory overhead of $85,200.

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= 85,200/(6,000 + 11*2,040)= $3 per machine hour

6 0
3 years ago
- 3.1.6 Quiz: Strategic Relationships
Cloud [144]

Answer:

gorillas is very cracazuri am rllmmm

8 0
2 years ago
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Which site would the nurse assess first for the amount of drainage from a client discharged from the postanesthesia care unit (p
kondaur [170]

The Surgical incision is the site that the nurse will assess first for the amount of drainage from a client discharged from the postanesthesia care unit.

<h3>What is a Surgical incision?</h3>

It refers to the cut made through the skin and soft tissue to facilitate an an operation; most often, a multiple incisions are possible for an operation. but in general, the surgical incision are usually made as small/unobtrusive as possible to facilitate safe and timely operating conditions.

Therefore, this Surgical incision is the site that the nurse will assess first for the amount of drainage from a client discharged from the postanesthesia care unit.

Read more about Surgical incision

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8 0
1 year ago
Read 2 more answers
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