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
topjm [15]
3 years ago
5

Blue Point Company is formulating its marketing expense budget for the month of September. Sales in units for August amounted to

4,000; sales volume in September is expected to increase by 10%. So far for the current year, fixed marketing expense per month amounted to $5,000 of salaries and $1,500 of depreciation. Variable marketing expense amount to $.15 paid in cash in the month of sale. What is the estimated cash payment for marketing expense in the month of September
Business
1 answer:
Anna007 [38]3 years ago
8 0

Answer:

See below

Explanation:

Computation of estimated cash payment expense is seen below

Variable expenses

Sales in unit for August 4,000

Sales in unit September 4,000 × 110% = 4,400

Total variable expense 4,400 × $0.15 = $660

Fixed expense per quarter

Salaries $5,000 × 3 = $15,000

Depreciation $1,500 × 3 = $4,500

Total = $19,500

Budget total = $20,160

Estimated cash payment = $20,160 - $4,500 = $15,660

You might be interested in
# 8 & # 9 please .. I appreciate it
KatRina [158]
#8 is C. Unfortunately I do not know #9.
6 0
3 years ago
An all-equity firm has a return on assets of 15.3 percent. The firm is considering converting to a debt-equity ratio of 0.30. Th
Elina [12.6K]

Answer:

re 17.4600%

Explanation:

We will calculate using the Modigliani Miller proposition with no taxes to solve for the cost of equity of a levered firm

r_e = r_u + (r_r - r_b) \frac{B}{S}\\where:\\r_e= $cost of equity\\r_b= $cost of debt\\r_u= $return on assets\\B/S = Debt to Equity

We plus our values into the formula and solve

r_e = 0.153+ (0.153 - 0.081)0.3

re 17.4600%

8 0
3 years ago
AllSpice Incorporated plans to do business with a company located in the Leone Republic, a common law country. The companies hav
Cerrena [4.2K]

The contract must be very detailed and should include all the contingencies spelled out in it.

<u>Explanation:</u>

Contract is a document that is made between two or more than two parties who have come in to an agreement with each other over a particular thing. The contract might be a business contract that the parties make which should have the proportion of profit and liabilities of the business that is to be shared among the partners.

Since the profit and losses are to be shared between the business partners on the basis of this contract, the contract should have very detailed information in it and all the contingencies should be spelled out in it.

6 0
3 years ago
In an activity-based costing system, what should be used to assign a department’s manufacturing overhead costs to products produ
kicyunya [14]

Answer: Multiple cause-and- effect relationship should be used

Explanation:

A multiple cause-effect relationship is a relationship in which an event (the cause) makes another event happen (the effect).

A particular cause can have several effects.

7 0
3 years ago
Is paper a natural resource or capital good?
alex41 [277]

Answer:

capital goods

Explanation:

becos it is raw material that is use to making papers

3 0
3 years ago
Other questions:
  • Select the sample below that best demonstrates how to incorporate a citation directly within a sentence, for information that ha
    13·1 answer
  • . If the price elasticity of demand for pineapple is 0.75, a 4% increase in the price of pineapple will lead to a A. 3% decrease
    10·2 answers
  • Which of the following was one of the outcome found by researcher examining the impact of aid money? recipients of free or subsi
    15·2 answers
  • Kotrick Company has beginning inventory of units and expected sales of units. If the desired ending inventory is ​units, how man
    6·1 answer
  • Your birthday is next week and instead of other presents, your parents promised to give you $2,200 in cash. Since you have a par
    13·1 answer
  • "what is the goal of testing an application before it is put into production"
    13·1 answer
  • Poodle Corporation was organized on January 3, 2011. The firm was authorized to issue 100,000
    9·1 answer
  • Sweet Inc. manufactures cycling equipment. Recently, the vice president of operations of the company has requested construction
    10·1 answer
  • Which of the following are the assumptions of locational cost-profit-volume analysis : (I) nonlinear variable costs. (II) fixed
    5·1 answer
  • Presented below are four statements which you are to identify as true or false. If false, explain why the statement is false.
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!