Answer:
The budgeted net income for December is $42,500
Explanation:
The budgeted net income is calculated by following table:
1. Sales $550,000
2. Cost of goods sold 75% x $550,000 = $412,500
3. Selling and administrative expenses $60,000
4. Depreciation expense $35,000
5. Net income (1-2-3-4) $42,500
The answers are as follows:
1. <span>A fast food chain that wants to inform consumers about its latest dollar menu item will most likely use NEW TECHNOLOGY AND MEDIA.
The fastest way for companies to get information across to their customers these days is through internet technology and its associated media. Information through these channel and fast and travel wide.
2. BLOGS </span><span>may inform consumers about other people’s opinions on the newest dollar menu item.
A blog is an informational or discussional website that is published on the internet and which usually focus on a specific topic or field. Blogs can be owned by an individual or a business. Businesses use blogs these days to promote their products.</span>
Answer:
15%
Explanation:
Catherine is a departmental manager at Richardson
She earns $68,300 every month
She has family health care
Her employer contributes $935 every year towards total coverage Cost
The first step is to calculate the total contribution
Catherine rate for health care is $165 since her monthly pay is higher than $55,000
Total contribution = $165 + $935
= $1,100
Therefore the percent in which Catherine contributes towards total coverage can be calculated as follows
= 165/1,100 × 100
= 0.15 × 100
= 15%
Hence Catherine contributes 15% towards the total coverage
Answer:
$10,290
Explanation:
Famous Furniture
Sales of Dining set $850 each
Less cost of each dining set $350 each
Balance $500
Sales 30×500
=$15,000
Hence:
$15,000– (30 ×$850)(.06) – $1,800 – $600 – $780
=$15,000-$1,530-$1,800-$600-$780
=$10,290
Therefore the total profit on units sold for the consignor is $10,290
