If your income per month is $4,321 and you aren't able to spend more than 36% of your monthly income on housing... to solve:
($4,321)(0.36) = $1,555.56
The company incurs costs in receiving, inspecting, identifying, and returning the merchandise. More returns create more expenses.
Is cost of sales an expense?
Cost of Goods Sold is also known as “cost of sales” or its acronym “COGS.” COGS refers to the cost of goods that are either manufactured or purchased and then sold.
COGS counts as a business expense and affects how much profit a company makes on its products.
What are the depreciation expense?
Depreciation expense is that portion of a fixed asset that has been considered consumed in the current period.
This amount is then charged to expense. The intent of this charge is to gradually reduce the carrying amount of fixed assets as their value is consumed over time.
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Answer:
Unit Selling Price Unit Variable Costs Unit Contribution Margin Contribution Margin Ratio
1. $570 $420
Unit Contribution Margin= Unit Sales Price Less Unit Variable Price =
$ 570- $ 450 = $150 (a)
Contribution Margin Ratio = Contribution Margin/ Sales = 150/570* 100= 26 % (b)
2. $490 $490 -$130= $360 (c) $130 ($ 130/ $490)* 100= 27 % (d)
3. $23000 (e) $22540 (f) $460 2
Unit Contribution Margin $460
Contribution Margin Ratio 2
Contribution Margin Ratio= Unit Contribution Margin/Sales= $460/ Sales =2 %
$460/ Sales =2 %
Sales = $ 460/2%= $ 23000
Sales - Unit Contribution Margin = $ 460
Unit Contribution Margin= Sales- $460 = $ 23000- $ 460= $ 22540
Answer: True.
Explanation:
The business model of a company is a business organization's plan to operate business. The business model covers the product the company intends to sell, the customers their products are aimed towards and the budgeted cost of running the business.
