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2 years ago

Souza Inc, which produces and sells a single product, has provided its contribution format income statement for October.

Business

1 answer:

Dafna1 [17]2 years ago

8 0

Answer:

d. $300

Explanation:

Calculation for what its net operating income should be closest to

Using this formula

First step is to calculate the contribution margin per unit using this formula

Contribution margin per unit= Contribution margin ÷ Number of units

Let plug in the formula

Contribution margin per unit= $48,000 ÷ 4,000 units

Contribution margin per unit= $12

Second step is to calculate the contribution margin

Contribution margin = 3,500 units × $12

Contribution margin = $42,000

Now let calculate the net operating income using this formula

Net operating income = Sales - Variable cost - Fixed expenses

Let plug in the formula

Net operating income= $42,000 - $41,700

Net operating income= $300

Therefore its net operating income should be closest to $300

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Libra Electronics specializes in manufacturing computers and computer accessories. As a means to expand business operations, the

iragen [17]

Answer:

The correct answer is letter "E": strategic plan.

Explanation:

The strategic plan of a company is a managerial tool that allows companies to establish what to do and the path that it has to walk to reach its set objectives considering the changes in demand of its surrounding environment. In such a way, it is a critical key for decision-making within any entity.

The strategic planning provides a real frame for managers and stakeholders so they can understand and evaluate the current situation of the company moreover when the firm is struggling or pursuing exploring new markets.

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3 years ago

What should i do when starting a business? (At least one paragraph)

cestrela7 [59]

Answer:

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Explanation:

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2 years ago

The amount of commission charged to a customer to effect a securities transaction:____.

Nastasia [14]

The amount of commission charged to a customer to effect a securities transaction must be disclosed on the trade confirmation and is not required to be disclosed prior to executing the transaction.

A commission is a fee paid by a business to a seller in return for services in promoting, directing, or completing a sale. Fees may be based on a flat fee or (more commonly) based on a percentage of revenue generated.

Employers offer commissions to motivate employees, increase productivity, increase sales and attract customers. Sales and marketing jobs in many industries, such as businesses such as automotive and real estate, typically offer commission-based compensation.

If the company earns a sales commission, this is recorded as income on the income statement. If the commission earned is part of the company's core business, it is usually classified as operating income. Otherwise, it is classified as other income.

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1 year ago

What can students do with their recorded data in Science Journal?

alina1380 [7]

Answer:

B. Review recorded graphs and individual data points

C. Make their data audible

D. Share and export experiments and sensor recordings

Explanation:

The Science Journal application refers to the scientific journal at the digital platform that helps users to record projects using pictures, notes, and built-in sensors from the phone of the user. While setting up a new experiment it provides the opportunity to document one's thoughts and findings as he or she begins to ask queries and to come up with their own investigations. Its user-friendly features use sensors and recorders of telephones in an efficient way.

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3 years ago

Yi Min started an engineering firm called Min Engineering. He began operations and completed seven transactions in May, which in

Nady [450]

Answer:

Amount Debit($) Credit($)

Assets

Cash 37,641

Office Supplies 890

Prepaid Insurance 4,600

Office Equipment 12,900

Liabilities

Accounts Payable 12,900

Equity

Y. Min, Capital 18,000

Y. Min, Withdrawals 3,329

Revenue

Engineering Fees Earned 36,000

Expenses

Rent Expense 7,540

Total 66,900 66,900

Explanation:

Trial Balance sheet includes all the accounts available in ledger.

Assets, Liabilities, Equity Revenue and expenses are added, however they are not given in our case

Amount Debit($) Credit($)

Assets

Cash 37,641

Office Supplies 890

Prepaid Insurance 4,600

Office Equipment 12,900

Liabilities

Accounts Payable 12,900

Equity

Y. Min, Capital 18,000

Y. Min, Withdrawals 3,329

Revenue

Engineering Fees Earned 36,000

Expenses

Rent Expense 7,540

Total 66,900 66,900

4 0

3 years ago