Describe why it is important to understand how businesses impact you.

Karen runs a print shop that makes posters for large companies. It is a very competitive business. The market price is currently

a_sh-v [17]

Answer:

my mind is blank. how is even an adult supposed to answer this. i read it and it makes no sense. pls rethink before u send ok?

just a top tip for u

Explanation:

5 0

2 years ago

Read 2 more answers

The following Information applies to the questions displayed below.) Bargain Rental Car offers rental cars in an off-airport loc

butalik [34]

Answer:

a. The variable cost per rental return is $4.04.

b. The monthly fixed cost Incurred to wash cars is $1,376.

Explanation:

Note: See the attached excel file for the calculations of Rental Returns (x), Car Wash Costs (y), xy, and x^2.

Since Σ = Total of or summation of, we can therefore obtain the following from the attached excel file:

Σx = 34,854

Σy = 157,317

Σxy = 462,541,971

Σx^2 = 102,623,516

N = Number of months = 12

a. calculation of variable cost per rental return

To calculate the variable cost per rental return, the following formula is used:

Variable cost per rental return = (NΣxy − ΣxΣy) /((NΣx²) − (Σx)²) ……………… (1)

Substituting the relevant values into equation (1), we have:

Variable cost per rental return = ((12 * 462,541,971) - (34,854 * 157,317)) / (((12 * 102,623,516) - 34,854^2)

Variable cost per rental return = 4.03917240317595

Rounding to 2 decimal places as required, we have:

Variable cost per rental return = $4.04

Therefore, the variable cost per rental return is $4.04.

b. Calculation of monthly fixed cost Incurred to wash cars

To calculate the monthly fixed cost Incurred to wash cars, the following formula is used:

Fixed Cost per month = {Σy - (Variable cost per rental return * Σx) / N ....... (2)

Substituting the relevant values into equation (2), we have:

Fixed Cost per month = (157,317 - (4.04 * 34,854)) / 12

Fixed Cost per month = $1,375.57

Rounding to the nearest whole dollar amount as required, we have:

Fixed Cost per month = $1,376

Therefore, the monthly fixed cost Incurred to wash cars is $1,376.

Download xlsx

8 0

3 years ago

When Benjamin purchased a camera at Best Buy, the cashier asked him for his home zip code. Which of the following approaches was

Anna11 [10]

Answer:

The correct answer is E) Customer spotting .

Explanation:

The detection of needs in the sale is the third step, of the six that must be taken to increase the possibilities of selling.

The detection of needs consists specifically in asking your client a series of questions that you have to have prepared in advance, in order to discover:

What are the real needs they have
If the products or services you have in your portfolio are suitable for what you need.

Not carrying out a correct detection of needs forces you to walk blindly and thus lose many chances of achieving success.

Keep in mind, that it is in this step where it is most important that you pay attention and listen to what the client has to say.

4 0

3 years ago

Capable Golf Cart, Inc. (CGC) manufactures two models of golf cart: LX and EX. The budget data for next month is available. LX E

Nuetrik [128]

Solution :

1. Allocation on the basis of $\text{Direct labor hours}$

LX EX

Direct Material 125000 90000

Direct $\text{labor}$ cost 90000 60000

Manufacturing overhead $81000$ $121500$

(202500/5000 x 2000) (202500/5000 x 3000)

Total cost 296000 271500

Units produced 50 30

Cost per unit 5920 9050

2. Allocation on the basis of $\text{Direct labor costs}$ :

LX EX

Direct Material 125000 90000

Direct labor cost 90000 60000

Manufacturing overhead 121500 81000

(202500/150000 x 90000) (202500/150000 x 60000)

Total cost 336500 231000

Units produced 50 30

Cost per unit 6730 7700

3. Allocation on the basis of $\text{machine hours}$

LX EX

Direct Material 125000 90000

Direct labor cost 90000 60000

Manufacturing overhead 112500 90000

(202500/2700 x 1500) (202500/2700 x 1200)

Total cost 327500 240000

Units produced 50 30

Cost per unit 6550 8000

5 0

2 years ago

Holly Lane is an accountant with Mildred & Lane Co. and she has recently been asked to visit Maine Manufacturers to survey

nevsk [136]

Answer: Audit

Explanation: In this case the evaluation of financial records of the corporation(Maine Manufacturer) done by Holly lane is known an audit.

Audit is a methodical and autonomous process under which one examines statutory records(i.e books, accounts,documents and vouchers) of an institution and also appraise their acquiescence with laws, and provide an assessment reflecting the expound of organization's financial records.

Therefore, the correct option is (b)

3 0

3 years ago