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AnnZ [28]
3 years ago
9

Calculate revenue. Revenue is the quantity sold times the price for the product. The quantity sold will be the smaller of the qu

antity supplied or the quantity demanded. (You can't sell more than you are willing to make even if the market demands a higher quantity. Likewise you can't sell more than is demanded even if you are willing to supply more than the quantity demanded.) You will need to calculate which of these values is smaller because quantity demanded will be smaller than quantity supplied for some prices, but not others.
Business
1 answer:
ira [324]3 years ago
3 0

Answer:

Revenue for Smart Suiting is $521,306.

Explanation:

Revenue is the business operational source of finance. IFRS has made standards for revenue recognition which need to be followed by all organizations. The revenue should be calculated after deducting trade and cash discounts. If there is any sales return it should be deducted from the gross revenue figure. Net revenue should be reported in the Income Statement.

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The presence of​ ________ in financial markets leads to adverse selection and moral hazard problems that interfere with the effi
Kryger [21]

Your answer is C: Asymmetric Information

Mark as brainliest?

<h2>HOPE THIS HELPS!</h2>
6 0
3 years ago
Wilson Corporation produces a large number of fishing products. The costs per unit of a particular fishing reel are as follows.
vlada-n [284]

Answer:

The decision is incorrect. It is cheaper to make in house.

Explanation:

Giving the following information:

Make in house:

Direct materials and direct labor 10

Variable factory overhead 6

Fixed factory overhead 4

The company recently decided to buy 10,000 fishing reels from another manufacturer for $18

We need to  calculate the unitary variable cost of production. Fixed costs are unavoidable, therefore they shouldn't be taken into account.

Variable cost= direct material + direct labor + variable overhead

Variable cost= 10 + 6= $16

The decision is incorrect. It is cheaper to make in house.

3 0
3 years ago
Eve Cosmetics Company consists of two departments, Blending and Filling. The Filling Department received 50,000 ounces from the
elena55 [62]

Answer:

The number of ounces started and completed during the period is <u>42,000 ounces</u>.

Explanation:

The number of ounces started and completed during the period can be computed by simply deducting the beginning work in process from the number of ounces completed.

Since we have the following from the question:

Number of ounces completed by Filling = 46,000 ounces

Beginning work in process = 4,000 ounces

Therefore, we have:

Number of ounces started and completed = Number of ounces completed by Filling - Beginning work in process = 46,000 ounces - 4,000 ounces = 42,000 ounces

Therefore, the number of ounces started and completed during the period is <u>42,000 ounces</u>.

5 0
3 years ago
The primary disadvantage of using ______ is that they may have a low response rate and thus a limited impact on sales.
sweet [91]

money refunds

What is refunds?

Refunds are payments made back to the payer by the original payee. It may be brought on by returned merchandise, an excessive bill, or an excessive tax payment. These possibilities are listed below.

The most frequent way that refunds happen is when a buyer returns products to a vendor and gets a refund right away. Cash or a credit that may be used to buy other products from the seller may be given as a refund.

When the seller first overcharged the buyer, a refund might also be given. In this instance, the overage is reimbursed and the customer is still in possession of the original purchased goods.

Learn more about refunds with the help of given link:-

brainly.com/question/10831744

#SPJ4

8 0
1 year ago
Jennifer is marketing manager for a major consumer goods firm. She is interested in determining if market opportunity exists for
Andrei [34K]

Answer:

- How to best segment the ready-made dinner market.

4 0
3 years ago
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