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Naily [24]
3 years ago
11

Darwin Inc.sells a particular textbook for $24. Variable expenses are $16 per book. At the current volume of 52,000 books sold p

er year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:_____
a. $416,000
b. $832,000
c. $1, 248,000
d. $1, 664,000
Business
1 answer:
hram777 [196]3 years ago
8 0

Answer:

$416,000

Explanation:

Darwin sells a particular book for $24

Variable expenses are $16

The current volume of book sold is 52,000 books

The first step is to calculate the unit Contribution margin

= $24-$16

= $8

Therefore the fixed expenses that is associated with the book can be calculated as follows

=52,000 × 8

= $416,000

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Answer:

standardization

Explanation:

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marketing of products and keeping a uniform image of the product among the varying markets. It should be noted that If an organization sets the marketing objective of maintaining uniformity and strong centralized control over its marketing activities and products, then the organization is choosing standardization strategy

4 0
3 years ago
The Super Toy Stores inventory records at December 31, revealed the following: Inventory on hand, December 31 $350,000 Merchandi
enyata [817]

Answer:

The correct answer is $543,000

Explanation:

According to the given scenario, the calculation of the ending inventory is as follows:

= Inventory on hand + merchandise purchased F.O.B shipping point + F.O.B destination

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= $543,000

The goods held on consignment i.e. not involved is not relevant

Thus, the  calculation of the ending inventory is $543,000

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2 years ago
Physicians' Hospital has the following balances on December 31, 2021, before any adjustment: Accounts Receivable = $44,000; Allo
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Answer:

Entry: 1. Dr bad debts expense  5500

                    Cr Allowance for uncollectible accounts  5500

Explanation:

1.Account receivable =  $44000

Allowance for uncollectible accounts(Dec,31 2021) = $1100

44000* 15% = 6600 - 1100 = $5500 Allowance for uncollectible accounts

2.  Bad debts expense =  (44000* 15%) = 6600

3. Uncollecible accounts = (Open) Allowance for bad debts + Current year Allowance.

                         =  1100 + 6600 = $7700.

4. 44000 - 7700 = $36300 net account receiable

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g In translating the financial statements of a foreign subsidiary into the parent’s reporting currency under the current rate me
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Answer:

The translation adjustment is a function of the foreign subsidiary's net assets.

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3 years ago
How do I submit an answer to Brainly?
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Answer:

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