Answer:
The contribution margin for Sam's Bookstore for the first quarter is $163,000.
Explanation:
The contribution margin is the sales minus total variable cost. This can be calculated as follows:
Units of books sold = Sales / Selling price per book = $900,000 / $60 = 15,000
Variable selling expenses = Units of books sold * Variable selling expenses per book = 15,000 * $5 = $75,000
Variable administrative expenses = Sales * 3% = $900,000 * 3% = $27,000
Total variable cost = Cost of goods sold + Variable selling expenses + Variable administrative expenses = $635,000 + $75,000 + $27,000 = $737,000
Contribution margin = Sales - Total variable cost = $900,000 - $737,000 = $163,000
Therefore, the contribution margin for Sam's Bookstore for the first quarter is $163,000.
Answer:
The correct option is A. Using numbered or bulleted lists.
Explanation:
EXPLANATION
A. Using numbered or bulleted lists
<em>Use numbered lists when you're explaining instructions that need to be performed in sequence. In situations where numbers are not essential use bullets, especially in business related documents</em>
<em>Bulleted lists are used to make items stand out from the text without implying order of importance. They may include punctuation marks like commas and semicolons</em>
This is the correct answer, use of numbered list. We were told in the question to follow a particular order to fill out an expense report. You begin by writing your name and end by obtaining the supervisor’s signature
B. Using graphic techniques
<em>Graphics are visual elements that can be used to point readers and viewers to a particular information. Graphic techniques are visually engaging in order to attract and inform a large audience. Diagrams and graphs can help learners comprehend abstract concepts using visual language to depict meaning. For instance, in diagrams the connecting lines between elements help learners understand relationships. Bar graphs make it easy to compare data; line graphs help learners understand trends</em>
This option is wrong. The expense report is not a new concept
C. Developing parallelism for balance
Parallelism in literature is the repetition of a word or phrase within a sentence or group of sentences. It is used to help organize ideas, but also to make the ideas memorable.
This option is also wrong
The answer choice that correctly describes the impact of the supplies purchase on the financial statements is A. total assets will remain unchanged.
<h3>What is an Asset? </h3>
This refers to financial property owned by a company or individual that has some degree of value.
Hence, we can see that given the fact that a company purchased supplies for cash that would be used in a few months, this would leave the total assets unchanged.
Read more about assets here:
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<span>As the volume of financing increases, the costs of the various types of financing will increase, raising the firms weighted average cost capital. This happens because the firm will have to pay more in fees for their financing an that will be passed on to the firms weighted average cost capital.</span>
Answer:
= All
Explanation:
= U.S. exports increase, shifting U.S. aggregate demand to the right
= U.S. exports increase, shifting U.S. aggregate demand to the right
