Answer:
Please see attached detailed explanation.
Explanation:
Please find attached detailed preparation of income statement, balance sheet and cash flow statement for the above.
Set a timeline
A time can be seen as a course of events, by making a course of events for your objective you move it into the present and increment your sense of duty regarding accomplish your objective. A timetable is a show of a rundown of occasions in sequential manner. It is commonly a visual communication demonstrating a long bar named with dates close by itself and normally occasions.
Answer:
c. Market Pricing
Explanation:
Market pricing is based on the competition based strategy. In this strategy a company evaluate the price of only those products that are similar to the products that are offered by the company or in our case the parents of the family are evaluating the price of similar tasks that are performed by the siblings.
Answer:
<u>The correct answer is that Rachel's workshop total cost is US$ 5,700 per month and US$ 19 of average cost per unit sold every month.</u>
Explanation:
<u>1. Rachel's workshop monthly costs</u>
Rent US$ 600
Salaries US$ 3,600
Insurance premium US$ 300
Raw materials US$ 1,200
<u>Total monthly costs US$ 5,700</u>
<u>2. Rachel's workshop average monthly costs</u>
Number of units sold per month = 300
Average monthly costs = Total monthly costs/Number of units sold
Average monthly costs = 5,700/300
<u>Average monthly costs = US$ 19</u>