Answer:
96.60%
Explanation:
Total Variable Cost = Variable product cost + Variable administrative cost per unit
= (5,000 × $79 per unit) + (5,000 × $21 per unit)
= $395,000 + $105,000
= $500,000
Total Fixed Cost = Total fixed overhead + Total fixed Administrative Cost
= $42,000 + $31,000
= $73,000
Total fixed cost per unit = $73,000 ÷ 5,000
= 14.6
Total Cost = Total Variable Cost + Total Fixed Cost
= $500,000 + $73,000
= $573,000
Target profit = 5,000 × $82
= $410,000
Desired Selling Price = Total cost + Target profit
= $573,000 + $410,000
= $983,000
Desired Selling Price per unit = $983,000 ÷ 5,000
= $196.6
Therefore,
Mark up percentage on Variable Cost
:
= (Desired Selling Price per unit – Variable Cost per unit) ÷ (Variable Cost per unit) × 100
= [(196.60 – 100) ÷ (100)] × 100
= 96.60%
Mobile banking describes financial transactions done remotely using a mobile device such as a smartphone or tablet.<span>
Mobile banking is considered riskier than online banking because of the following facts:
</span><span>Mobile devices are more likely to have malware loaded on them. (</span>Malware specifically targeting mobile devices has become a very real and prominent threat).
<span>Mobile devices are more likely to be lost or stolen.</span>
Answer:
<em>Your unique combination of attitudes, behaviors, and characteristics make up your</em><em> </em><em><u>Personality</u></em>
________________________________
<em>What</em><em> </em><em>is </em><em>personality?</em>
<em>Refers to individual difference in characteristics patterns of thinking, feeling, and behaving</em><em>.</em>
Answer: decrease in government purchases and an increase in tax.
Explanation:
Fiscal policy is the use of government expenditure and taxation to control economic activities. Contractionary fiscal policy is a type of fiscal policy that has to do with the increase in taxes and decrease in government expenditures Contractionary fiscal policy is used when there is too much money in circulation or to fight inflationary pressures.
Because of the increase in taxes, households and firms will have less money to spend. Lower disposal income will help in reducing consumption.
Also, government reduction of expenditure is also a good Contractionary fiscal policy method. Decrease in spending by the government will reduce money supply in the economy and consumption will be reduced too.
