1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
zmey [24]
2 years ago
14

A record store that sells $1,000 woth of CDs per day to 40 customers ( the average cost of goods sold per unit is $12.50) How mu

ch is the store COGS? ____________________
Business
1 answer:
sleet_krkn [62]2 years ago
5 0

Answer:

$500

Explanation:

COGS or the cost of goods sold is the total cost of all goods sold in a period. It is the direct cost of productions and include direct labor costs, direct materials, and direct overhead costs.

In this case, The average cost of goods sold per unit is $12.50. The business sells to 40 customers. The totals cost of goods sold or the COGS will be

=$12.50 x 40

=$500

You might be interested in
A company is considering replacing an old piece of machinery, which cost $105,000 and has $55,000 of accumulated depreciation to
asambeis [7]

Answer:

Replacing the old machine would produce a net saving of $1,300

The sunk cost in this situation is the purchase cost (i.e $105,000) of the old machine.

Explanation:

<em>Differential Analysis</em>

Purchase cost of the new machine                                 (83,000)

Savings from annual variable cost(8500×8)                   68,000

Variable cost of running the new machine (5,000×8)   (40,000)

Scrap value of the old machine                                    <u>    56,300 </u>  

Differential savings                                                       <u>      1,300   </u>

Replacing the old machine would produce a net saving of $1,300

The sunk cost in this situation is the purchase cost (i.e $105,000) of the old machine. It is a past cost incurred as a result old decision.

7 0
2 years ago
All of the following are functions of a knowledge management system EXCEPT: a. designing information systems. b. improving colla
Alika [10]

Answer:

designing information systems

Explanation:

knowledge management system are system designed to managed the knowledge of a company. The design of IT Systems is not under it scope.

7 0
3 years ago
Please help me with this question
Katen [24]

Answer:

$395.

Explanation:

interest = Principal×rate of interest×time

Principal = $15800

Rate       =0.1

Time      = 3/12

interest = $15800×0.1×3/12

           =

7 0
3 years ago
Select the correct answers.
telo118 [61]

Answer:

I think

hand-eye coordination and

customer service

8 0
3 years ago
Read 2 more answers
After Hurricane Katrina there was considerable public outrage that many of the properties were not insured against flooding alth
STALIN [3.7K]

Answer:

A. the risk of wind damage is potentially diversifiable, but the risk of flooding is not

Explanation:

Based on the scenario being described it can be said that the best explanation for these different approaches would be that the risk of wind damage is potentially diversifiable, but the risk of flooding is not. Meaning that  most insurance companies cover wind damage because it is most likely during a hurricane but flooding may be a unique situation which is not always covered by most insurance companies/policies.

7 0
3 years ago
Other questions:
  • Most founders' agreements include a ________ clause, which legally obligates the departing founder to sell to the remaining foun
    11·1 answer
  • Is the statement below true or​ false? ▼ True False . ​(Select from the​ drop-down menu.) The cash surplus can be used for a var
    12·1 answer
  • Matthew is a divisional manager at Venus Inc. and reports to the CEO of the company. The CEO delegates resources and authority t
    10·1 answer
  • Samantha’s database contains a table of student scores and another table with student schedules. How can Samantha use this infor
    10·2 answers
  • According to the public choice modelLOADING...​, how do policymakers arrive at their​ decisions? The public choice model suggest
    14·1 answer
  • Breonna Corporation leases equipment from Falls Company on January 1, 2020. The lease agreement does not transfer ownership, con
    15·1 answer
  • The Occupational Safety and Health Act does not require employers to abide by the regulations and the safety and health standard
    6·1 answer
  • In economic terms, the long-run monetary benefits of doing business in a country are based on the size of the market, the presen
    5·1 answer
  • ANSWER FAST please !!!
    7·1 answer
  • According to climate data recorded since 1884, the average annual snowfall in philadelphia is 22.3 inches. this value is an exam
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!