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GenaCL600 [577]
3 years ago
7

In the early days of book publishing, publishers functioned as:

Business
1 answer:
podryga [215]3 years ago
3 0

The publishers in the early days of book publishing are considered to be no other than just a printer for they are able to publish books and have them written on a reading material which is why they are functioned to be as printers.

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Variable production costs Plastic for casing $ 171,500 Wages of assembly workers 490,000 Drum stands 215,600 Variable selling co
Leviafan [203]

Answer:

Part 1.

Contribution margin income statement for the year.

Sales (4,900 x 340)                                                        1,666,000

<u>Less Variable Costs </u>

Plastic for casing                                        171,500

Wages of assembly workers                   490,000

Drum stands                                              215,600

Sales commissions                                    161,700       (1,038,800)

Contribution                                                                      627,200

<u>Less Fixed Costs</u>

Taxes on factory                                          6,000

Factory maintenance                                 12,000

Factory machinery depreciation               72,000

Lease of equipment for sales staff           12,000

Accounting staff salaries                           62,000

Administrative management salaries      142,000       (306,000)

Net Income                                                                      321,200

Part 2.

Contribution margin per unit = $627,200 / 4,900  = $128.00

Contribution margin ratio =  $627,200/ $1,666,000 = 37.65 %

Explanation:

The Contribution Margin Income Statement calculates separately the contribution and net income as shown above.

4 0
2 years ago
A gold ring selling for $1845 is reduced by 30% after Valentine's Day. Find the reduced price of the ring. To find a price after
Anit [1.1K]

Answer:

1291.50

Explanation:

8 0
3 years ago
Read 2 more answers
On which group will a progressive tax place a greater tax burden?
Furkat [3]
Poor citizens will be greatly affected by a increase in taxes,nobody takes into account there day to day living,rent,utilities,food and that's just to name a few.
5 0
3 years ago
Read 2 more answers
Identify the reasons why the quantity demanded of a product increases as the price of that product decreases. a. as the price de
Brut [27]

Answer:

D) A and B

Explanation:

a. as the price declines, the real income of the consumer increases

b. as the price of product A declines, it makes it more attractive than product B

Hope this helps!

Ps. Don't click on those sketchy links.

Have a good day!

4 0
3 years ago
If Roten Rooters, Inc., has an equity multiplier of 1.52, total asset turnover of 1.20, and a profit margin of 6.2 percent, what
Katarina [22]

Answer:

11.30%

Explanation:

Roten rooters have an equity multiplier of 1.52

The total assets turnover is 1.20

The profit margin is 6.2%

= 6.2/100

= 0.062

Therefore the ROE can be calculated as follows

= 0.062× 1.52×1.20

= 0.1130×100

= 11.30%

Hence the ROE is 11.30%

7 0
3 years ago
Read 2 more answers
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