Answer:
Gross Margin = 60.97%
Net Profit Margin = 4.337%
Explanation:
Gross Profit Margin = 
Here as per the data provided,
Net Sales for the year 2017 = $784,000
Cost of goods sold for the year 2017 = $306,000
Gross Profit Margin =
= 60.97%
Net profit margin =
=
= 4.337%
Since it is not specified which margin to calculate, when we say profit margin we will calculate gross margin.
Gross Margin = 60.97%
Net Profit Margin = 4.337%
The given statement, "Companies that now purchase this service from HP are experiencing the costs processing of data management" is true.
<u>Explanation:
</u>
HP Services could provide a data center management system that allows the outsourcing of your services as many of these or as much as possible.
HP Services intends more than one million feet of cloud space, with even more than 45,000 servers, 1.5 million web ports, and 4,000 MIPS microprocessor space.
Their Services meet the wide variety of operational requirements, from "blocks and mortars." Via facilities management, cash management, brand management and project management, we provide a safe, secure, stable, reinforced data center environment.
Answer:
city A = 3 members in the committee
city B = members in the committee
city C = 4 members in the committee
Explanation:
City A: 18,000 people
City B: 21,000 people
<u>City C: 22,000 people</u>
total 61,000 people
A seat in the committee will be assigned for every 6,100 people
city A = 18,000 / 6,100 = 2.95 ⇒ city A will get 2 + 1 = 3 members in the committee
city B = 21,000 / 6,100 = 3.44 ⇒ city B will get 3 + 0 = 3 members in the committee
city C = 22,000 / 6,100 = 3.61 ⇒ city A will get 3 + 1 = 4 members in the committee
2 + 3 + 3 = 8, there were 2 remaining committee members that should be divided using the size of the remainders: 0.95 > 0.61 > 0.44
Answer:
$1300 U
Explanation:
Budgeted cost of plastic per yard = $91
Actual cost of the plastic per yard = $90
Actual units made = 4100
Budgeted units to be made = 3300
Actual plastic used = 4160 yards
Now,
Materials quantity variance
= ( Budgeted material - Actual material ) × Actual cost
= ( 1 × 4100 - 4160 ) × $90
= -$5,400 [Here negative sign means unfavorable ]
Materials price variance = ( Budgeted cost - Actual cost ) × Actual units
= ( $91 - $90 ) × 4100
= $4100
Therefore,
Total material variance = $4,100 - $5,400
= - $1,300
i.e $1300 U
Answer:
B) the supply by sellers meets the demand from buyers.
Explanation:
The market clearing price is also called the equilibrium price. At the equilibrium price for a given product or service, both the quantity supplied by the suppliers and the quantity demanded by the consumers is EQUAL. In a supply and demand curve, the equilibrium price is where both curves meet.