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3 years ago

Which ones the right answer? ignore where i selected

Business

2 answers:

expeople1 [14]3 years ago

6 0

Answer:B

Explanation:

dolphi86 [110]3 years ago

4 0

Answer:

Explanation:

B I think

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Seidman Company manufactures and sells 20,000 units of product X per month. Each unit of product X sells for $17 and has a contr

True [87]

Answer:

Effect on income= $115,000 decrease

Explanation:

Giving the following information:

Fixed costs= $45,000

Number of units= 20,000

Unitary contribution margin= $8

To calculate the effect on income, we need to use the following formula:

Effect on income= decrease in fixed costs - decrease in contribution margin

Effect on income= 45,000 - 20,000*8

Effect on income= $115,000 decrease

4 0

3 years ago

Jake is the maker of a $2,000 promissory note payable to Kim. Kim indorses the note to Lou who, in turn, indorses it to Mona, wh

STatiana [176]

Answer:

a. Jake, Kim, or Lou.

Explanation:

A promissory note is a note that should be signed with written promise in terms of paying some specific amount to the note owner on a specifiic date or on demand.

Since in the question it is mentioned that Jake who is a maker and pay to Kim and then it would endorse to Lou

So here the Mona should collect the payment from the above three parties

hence, the correct option is A.

7 0

3 years ago

The following differences enter into the reconciliation of financial income and taxable income of Abbott Company for the year en

adoni [48]

Answer:

Abbot makes a savings of $74,000 in the current year.

Review full presentation of answers in the attaches

Explanation:

4 0

3 years ago

Read 2 more answers

A middleman is a person who

Alika [10]

Answer:

Explanation:

A middleman is a link between a producer and a consumer. Middlemen includes wholesalers and retailers

Some of the functions of middlemen include

1. They provide information to the producers about consumers' tastes

2. they market producers goods and services

3. Middlemen render financial help to manufacturers.

7 0

3 years ago

A company determined that the budgeted cost of producing a product is $30 per unit. On June 1, there were 80,000 units on hand,

gtnhenbr [62]

Answer:

c) $9,000,000

Explanation:

The cost of good sold = Cost per unit × Quantity sold

Quantity sold = 300,000, cost per unit = $30

The cost of sold = $30 × 300,000 = $9,000,000

This can be confirmed as follows:

Unit

opening inventory 80,000

Production(see note below) 340,000

Available or sale 420,000

Closing inventory (120,000)

Units sold 300,000

Cost of units sold = 300,000 × $30 = $9,000,000

Note :

Production budget = sales budget + closing inventory - opening inventory

= 300,000 + 120,000 - 80,000 = 340,000 units

6 0

3 years ago