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Preparing a Selling and Administrative Expenses Budget Fazel Company makes and sells paper products. In the coming year, Fazel e

Verdich [7]

Solution and Explanation:

The following is the selling and administrative expense structure of the Fazel company for the year. According to the given information and the data:

The Variable selling expenses (19730000* 3%) 591900

The Fixed Expenses

The Salaries expense 960000

The Utilities expense 365000

The Office space expense 230000

The Advertising expense 1200000

The Total Fixed expense 2755000

The Total selling & admin Expense 3346900

Note: the variable expense is calculated by multiplying the total sales given in the question with the percentage of the commission given

5 0

3 years ago

Changes in the quality of a good a. present a problem in the construction of the consumer price index, and that problem is somet

Agata [3.3K]

Answer:

D

Explanation:

The consumer price index measures the changes in price of a basket of good. It is used to measure inflation. Because the price of price of used cars and trucks in US has increased , the CPI would increase

CPI = (cost of basket of goods in current period / cost of basket of goods in base period) x 100

Changes in the quality of good is not included in the calculation of CPI. This is one of its drawbacks

8 0

3 years ago

On December 31, 2017, Faital Company acquired a computer from Plato Corporation by issuing a $600,000 zero-interest-bearing note

garik1379 [7]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.

7 0

3 years ago

Mason Mills management works hard to ensure that nobody in its organization has more than one boss and all workers are treated w

anastassius [24]

Answer:

Fayolism

Explanation:

Based on the information provided within the question it seems that the management of Mason Mills reflects the ideas and principles of Fayolism. This is a management theory developed by Henri Fayol, which states 14 principles explaining how management should communicate and lead their workers. Many of which state the importance of organization within the business in order for workers to know who to report to and keep everything running efficiently.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0

3 years ago

Suppose that the government decides to charge cola consumers an excise tax. Before the tax, the market is in equilibrium, where

Hitman42 [59]

Answer:

The answer is: The excise tax on cola beverages is $2 per case.

Explanation:

Excise taxes are taxes levied on certain goods or services.

In this case the price of cola beverages is $4 per case, since excise taxes are included in the price of the product, then the excise tax on cola beverages = price paid by consumers - price received by producers = $4 - $2 = $2

8 0

3 years ago