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3 years ago

Highlight characteristics of itinerant traders

Business

1 answer:

aivan3 [116]3 years ago

7 0

<h3>Some features of such itinerant retailers are:</h3>

The scale of operations is small. ...

The capital is also limited in the case of itinerant retailers.

They usually deal in day to day products and perishable items of daily use like fruits, vegetables, milk, toiletries etc.

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PA15.

ser-zykov [4K]

Answer:

Happy Trails

Income statement using variable costing

$ $

Sales 1,900,500

Less: Variable costs:

Direct material (27,000 units x $15) 405,000

Direct labour (27,000 units x $15) 405,000

Variable overhead (27,000 units x $3) 81,000

891,000

Less: Closing stock (8,000 units x $33) 264,000

627,000

Add: Variable selling and administrative 133,000 760,000

Contribution 1,140,500

Less: Fixed cost:

Fixed production cost (27,000 x $25) 675,000

Fixed selling and administrative expenses 300,000 975,000

Net profit 165,500

Profit reconciliation statement

Closing stock Net profit

$ $

Absorption costing 464,000 365,500

Less: Marginal costing 264,000 165,500

Difference 200,000  200,000

The difference of $200,000 in net profit is as a result of $200,000 difference in closing inventory.

Explanation:

In variable costing, variable costs are deducted from sales so as to obtain contribution margin. Net profit is the difference between contribution and fixed costs. Closing stock is the difference between production units and sales units. Closing stock is valued at marginal cost per unit in variable costing. Marginal cost per unit is the aggregate of all variable cost per unit.

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3 years ago

Which kinds of organizations may be the subjects of an intelligence operation? I. Those with dangerous religious beliefs II. Tho

Readme [11.4K]

Answer:

II. Those that attempt to control arms shipments

Explanation:

The intelligent operations a process by which the government and the military groups and the business and other organizations and systematically collect and evaluate the information.

For the purpose of the discovery and capabilities of the intrusions of the rivals and this determines the needs for and make their decision making ability for immediately taking the action on the analytical insights through the manual and the automatic actions include the real-time monitoring and time series and trend analysis.

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• why do you think starbucks was able to convince so many people that a 400% markup on a cup of coffee that costs 50 cents to ma

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The Tradeoff Theory suggests that ________. A. with higher costs of financial distress, it is optimal for a firm to choose hig

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Answer:

The correct answer is D. The Tradeoff Theory suggests that a firm should choose a debt level where the tax savings from increasing leverage are just offset by the increased probability of incurring the costs of financial distress.

Explanation:

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Highlight characteristics of itinerant traders​

Highlight characteristics of itinerant traders