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3 years ago

The ruhr valley is important to the economy of germany because it ____.

1 answer:

8 0

The Rurh valley is important to the economy of Germany because it PRODUCES MOST OF GERMANY'S IRON AND STEEL.
Rurh is the largest urban area in Germany. It is made up of large, industrial cities. The region produces most of the iron and steel that originate from Germany.

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For Coronado Industries, sales is $3000000, fixed expenses are $700000, and the contribution margin ratio is 36%. What are the t

anygoal [31]

Answer:

Variable cost= $1,920,000

Explanation:

Giving the following information:

Sales= $3,000,000

Contribution margin ratio= 0.36

The contribution margin ratio is the dollar remaining after deducting from sales of the variable component. In 1 dollar, the contribution margin is $0.36.

In this case:

Variable cost= sales*(1-Contribution margin ratio)

Variable cost= 3,000,000*0.64

Variable cost= $1,920,000

4 0

3 years ago

Purchase of a house is:

notsponge [240]

It would be B as the change card is interlaced money and has a relatively of purchase

8 0

3 years ago

Suppose the book-printing industry is competitive and begins in a long-run equilibrium. Then Hi-Tech Printing Company invents a

Degger [83]

Answer:

All firms get zero profit

Explanation:

Because

When patent expires, it causes free entry of new firms which increases market supply. The market supply curve shifts rightward which decreases price lower than P1. In new long run equilibrium, all firms earn zero economic profit

6 0

3 years ago

Read 2 more answers

Jesse is the marketing manager for a large Midwest-based producer of food products. He is in the process of developing the_____,

Blizzard [7]

Answer:

Marketing Mix

Explanation:

Marketing mix is a combination of various components which are controlled by an organization or firm aimed at influencing a consumer's desire in purchasing their products. It is centered upon the historical 4Ps of marketing which are

1. Place

2. Promotion

3. Product, and

4. Price.

It is the method or technique used in taking or rather introducing or new product or service to the market. It is a group of tools used by businesses and marketers in selling their products and services to the buyers and final consumers.

8 0

3 years ago

The Polaris Company uses a job-order costing system. The following transactions occurred in October: Raw materials purchased on

Wittaler [7]

Answer:

Required 1.

Raw Materials $210,000 (debit)

Accounts Payable $210,000 (credit)

Work In Process : Direct Materials $151,200 (debit)

Work In Process : Indirect Materials $37,800 (debit)

Raw Materials $189,000 (credit)

Work In Process : Direct Labor $50,000 (debit)

Work In Process : Indirect Labor $22,000 (debit)

Salaries and Wages Payable $72,000 (credit)

Work In Process : Depreciation $106,000 (debit)

Accumulated Depreciation $106,000 (credit)

Overheads $130,000 (credit)

Cash $130,000 (debit)

Work In Process $686,700 (debit)

Overheads $686,700 (credit)

Finished Goods $514,000 (debit)

Work In Process $514,000 (credit)

Cost of Goods Sold $450,000 (debit)

Finished Goods $450,000 (credit)

Accounts Receivables $612,000 (debit)

Sales Revenue $612,000 (credit)

Required 2.

Manufacturing Overhead T - Account

Debit

Indirect Materials $37,800

Indirect Labor $22,000

Depreciation $106,000

Other Overheads $130,000

Over-applied (balancing figure) $390,900

Totals $686,700

Credit

Work In Process $686,700

Totals $686,700

Work in Process T - Account

Debit

Opening Balance $36,000

Direct Materials $151,200

Direct Labor $50,000

Overheads $686,700

Totals $923,900

Credit

Finished Goods $450,000

Closing Balance (Balancing figure) $473,900

Totals $923,900

Explanation:

Manufacturing costs accumulate in the Work In Process Account.

Note that only applied overheads are included in Work In Process Account.

Cost of Finished Goods are removed from Work In Process Account and recognized in the Finished Goods Account

5 0

3 years ago