Answer:
1) YoSan Inc.
Income Statement
For the month ended July 31, 202x
Sales revenue $2,150,000
<u>- Cost of goods sold $1,520,000</u>
Gross profit $630,000
<u>- S & A expenses $300,000</u>
Operating profit $330,000
2) YoSan Inc.
Income Statement
For the month ended July 31, 202x
Sales revenue $2,150,000
- Variable costs:
- Direct materials $800,000
- Direct labor $350,000
- Variable manufacturing cost $130,000
- Variable S & A expenses $170,000 <u>$1,450,000 </u>
Contribution margin $700,000
- Period costs:
- Fixed manufacturing cost $288,000
- Fixed S & A expenses $96,000 <u> $384,000 </u>
Operating profit $316,000
3) When you prepare a variable costing income statement, the ending inventory of finished goods and WIP only includes variables costs. All fixed or period expenses are included during the period that they occur and are not carried over to the next period. I.e. the ending inventory (400 units) for next month will be lower under variable costing.
Answer:
many people think of marketing and advertising as synonymous.
Explanation:
Advertisement or advertising refers to the promotional multimedia messages designed and developed to make the products or services of a company known to its customers and potential customers.
On the other hand, marketing can be defined as the process of developing promotional techniques and sales strategies by a firm, so as to enhance the availability of goods and services to meet the needs of the end users or consumers through advertising and market research. Thus, it comprises of all the activities such as, identifying, anticipating set of medium and processes for creating, promoting, delivering, and exchanging goods and services that has value for customers. It typically, involves understanding customer needs, building and maintaining healthy relationships with them in order to scale up your business.
Hence, because advertising is the most visible form of marketing to everybody, many people think of marketing and advertising as being synonymous or the same.
Answer:
Respect
Explanation:
At the fourth level in Maslow´s hierarchy, is the need for respect.
When the needs at the bottos have been satisfied, the esteem needs begin to play a more prominent role in motivating behavior. The first three steps in the maslow hierarchy are: physiological, safety and love.
Answer:
E. Time and present value are inversely related, all else held constant.
Answer:
D. $428,724
Explanation:
The formula for present value of a lump sum will be:
Nomial x 1/capitalization factor = Present Value
We plug our given data and solve for capitalization factor
200,000 x 1/capitalization factor = 93,300
200,000/ 93,300 = capitalization factor = 2,1436227224
Now, we are able to calculate the future value
<u>the future value will be:</u>
principal x capitalization factor = future value
200,000 x 2,1436227224 = 428,724.54448
