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3 years ago

What is meant by the term “overhead” as it relates to a company’s financial Operations?

Business

1 answer:

REY [17]3 years ago

7 0

Answer:

Overhead refers to the ongoing business expenses not directly attributed to creating a product or service. It is important for budgeting purposes but also for determining how much a company must charge for its products or services to make a profit

Explanation:

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A customer has requested that Lewelling Corporation fill a special order for 9,000 units of product S47 for $20.50 a unit. While

bonufazy [111]

Answer:

$4,500

Explanation:

The computation of the annual financial advantage (disadvantage) for the company is shown below:

Sales (9,000 units × 20.50) $184,500

Less: Variable costs:

Direct materials (9,000 units × $3.10) -$27,900

Direct labor (9,000 units × $1.50) -$13,500

Variable manufacturing overhead (9,000 units × $6.40) $57,600

Increase in variable costs (9,000 units × $5) -$45,000

Less: Investment in special molds -$36,000

Financial advantage $4,500

We simply deduct the all cost from the sales so that the financial advantage could come

5 0

4 years ago

Women speakers who are nervous tend to wobble on their high heels.

Pachacha [2.7K]

Answer:

Yes?

Explanation:

is this a true or false question

if so I think yes but idk

8 0

3 years ago

Starbucks is using its purchasing power to continue its quest to reduce its energy usage. Recently, the company announced plans

luda_lava [24]

Answer:

Sustainable procurement

Explanation:

Sustainable procurement is a purchasing and venture process that. considers the financial, ecological and social effects of. the substance's spending. Feasible acquirement permits associations. to address their issues for products, administrations, development works and utilities.

The primary focus reasonable obtainment is to incorporate natural and social contemplations into the procurement procedure, with the objective of lessening antagonistic effects upon well being, social conditions and the earth, in this manner sparing significant expenses for open segment associations and the network on the loose.

7 0

4 years ago

S&L Financial buys and sells securities expecting to earn profits on short-term differences in price. On December 27, 2021,

Natalka [10]

Answer:

Net income in year 2021 = $0

Net income in year 2022 = $6,000

Explanation:

Given:

Purchased bonds(2021) = $860,000

Sold bonds (2022) = $866,000

Fair market value = $858,500

Computation:

A. Net income in 2021

The fair market value of the bond is less than the purchase price of the bond, that is why we can say that no profit has been received in the year 2021

Net income = $0

B. Net income in 2022

Net income = Sold bonds - Purchased bonds

Net income = $866,000 - $860,000

Net income = $6,000

4 0

3 years ago

Please help! <br><br>How can easy access to credit lead to Financial Mistakes and Bankruptcy?

zvonat [6]

Answer: over-borrowing.

Explanation:

credit cards function like this: you can "buy" a lot of things with it, including very very expensive things. this is because instead of really buying that product, you borrow money from the bank to buy it. you then have to pay it off in slower amounts of money over time until youve paid off the original cost of the product and more because the bank will most likely charge interest.

sounds great, right?

it is, until you cant afford to pay those smaller amounts of money. then, it starts to build up and if you still cant afford to pay the bank, they will begin to liquidize your physical assets (they take your stuff as payment, really anything, even your house can be taken.)

3 0

3 years ago