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2 years ago

Cost of goods sold for a merchandising company, direct materials and commissions are all examples of

1 answer:

8 0

For a merchandising company, the cost of goods sold, direct materials, and commissions are <u>variable costs</u>.

<h3>What is a variable cost?</h3>

A variable cost is the cost element that remains constant per unit while the total changes. Other examples of variable costs include direct labor, variable selling and administrative expenses, including commissions and shipping costs.

Thus, for a merchandising company, the cost of goods sold, direct materials, and commissions are all examples of <u>variable costs</u>.

Learn more about variable costs here: brainly.com/question/5965421

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Write a report on a trend in business that you’ve observed, and highlight at least the main finding. For example, from the risin

Reika [66]

Answer:

Over the last two years, small businesses have taken to the electronic space as a means of expanding their businesses.

This e-commerce trend experienced an upward spike during the C-19 Pandemic. As businesses were forced to operate remotely, necessity which is the mother of invention, started to thinking of ways to restructure their businesses to operate more electronically using a wide array of online tools and technology.

In a recent survey, 10 out of 50 businesses said they were not reverting back to their former model of operations as they had realised that it was completely unnecessary.

Top reasons given are:

Given the shedding of operation load and streamlining to basic functions whilst retaining the quality of product and or service, they also shed a lot of costs which increased their bottomline;
emote service deliveries enabled them to get into more territories that they couldn't access prior to the C-19 pandemic. Thus leading to an expansion of clientele/market share.

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3 years ago

Parker owned all of Odom Inc. Although the Investment in Odom Inc. account had a balance of $834,000, the subsidiary's 12,000 sh

Lorico [155]

Answer:

$128,400

Explanation:

Account balance $ 834,000,

Subsidiary's 12,000 at $56 per share. Odom Issued 3,000 at $70 per share

$ 56 X 12,000 = $672,000

$ 672,000+ $70 X 3,000 = $ 882,000

$ 882,000 X .80 = $ 705,600

$ 705,600 – $ 834,000 Investment Account Balance = $128,400

Therefore Reduction in Investment Account is $128,400

The Transaction affect the Investment in Odom inc account because their is reduction in the investment Account from $834,000 to $128,400

3 0

3 years ago

The city of Jacksonville, Florida is issuing $100,000,000 of general obligation bonds paying interest on January 1st and July 1s

Yuri [45]

Answer: Odd first interest payment

Explanation: The Interest paid on the first installment is a odd first Interest payment. Such scenario comes into play when a loan with a fixed installment payment date, which is 6 months in this case (January 1st and July 1st), begins on a date which does not allow the immediate use to f this regular payment schedule. Hence, the odd first Interst payment is adopted in other to enable the lender cove r the initial period before beung able to use the usual regular payment schedule. In this case the odd first Interest schedule is between June 1st to January 1st. After which regular payment schedule commences on July 1st.

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2 years ago

A private university offers graduate assistantships to qualified students each year. In exchange for the waiver oftuition, gradu

alina1380 [7]

Answer:

A. tuition revenues of $4,000 and expenditures of $4,000.

Explanation:

If the student is not employed as a graduate assistant required to assist faculty members with research and other activities, we will have one:

a. The student will have to pay $4,000 tuition. This is a revenue to the university.

b. The private university will employ a research assistant and pay him $4,000. This an expenditure to the university.

Therefore, this transactions have to be required as highlighted in a. and b. above to track the actual revenue and expenditure implication of the waiver despite cash does not exchange hands.

7 0

3 years ago

A local charity has been given a grant to serve free meals to the homeless in its community, but it is worried that its program

Elis [28]

Homeless:
10 – t^2 /320 > 0
10 > t^2 /320
3200 > t^2
t < 40√2 = 56.6
College students:
10 – t^2 /160 > 0
10 > t^2 /160
1600 > t^2
t < 40
Wait time would have to be at least 40 minutes to prevent college students from waiting.

6 0

3 years ago