Answer:
cost of goods sold (rounded) is $1392
Explanation:
Date Q Cost U.Cost Sold Inventory Cost
nov-01 31 192,2 6,2 20 11 124
nov-08 125 837,5 6,7 94 31 630
nov-17 62 406,1 6,55 31 31 203
nov-25 94 648,6 6,9 63 31 435
312 208 104 1392
Answer:
The correct answer is C
Explanation:
Maxine got to know that the textbooks, are out of stock, which will disappoint the students, if they get to know, but she has to get the information regarding the orders.
So, she could start or begin his mail, by saying or mentioning that the students, we have to cancel or withdraw the order as the circumstances or situation arises, which is out of our control. I really appreciate the booking, but thank you for bookings.
<u>Calculation of margin of safety in sales dollars:</u>
We are given that Em sales had $2,200,000 in sales last month and the contribution margin ratio was 30% and operating profits were $180,000.
We can calculate fixed cost with the help of following formula:
Fixed Costs =( Sales * contribution margin ratio) - operating profits
= (2200000*30%)-180000
= $ 480,000
Now we can calculate Breakevens Dollar Sales as follows:
Breakevens Dollar Sales = Fixed Cost / Contribution Margin %
= 480,000/30%
= $1,600,000
Finally, we can calculate the margin of safety in sales dollars as follows:
The margin of safety in sales dollars = Actual Sales – Breakevens sales
= 2200000-1600000
=$600,000
Hence, Margin of safety in sales dollars is <u>$600,000</u>
Given that <span>Sal
and Jen went to the store together, and each bought the same car
stereo. Sal used a card to make the purchase, and the full amount was
immediately withdrawn from his bank account. Jen used a card to make the
purchase, and she received a bill within 15 days of the purchase. She
paid $21.30 for the next 18 months until the bill was paid in full. The
full payment included $58.60 in interest.
The statement that describes
Sal’s purchase is "</span><span>Sal used a debit card and paid a total of $324.80 for the stereo".</span>
Answer: C. Many decisions are made on the margin
Explanation:
One vital economic principle that is made by economic agents is that when making rational decisions, it involves thinking at the margin.
For one to take a particular action, one has to consider the benefits and costs that are involved and then see if the benefits outweigh the costs before the final decision is made.
Since her pool sessions are helping her swim more quickly, Poornima plans to reduce by 1 hour per week the time she spends training on the bike and increase by 1 hour the time she spends in the swimming pool.
This means the extra time allocated to swimming is beneficial and the basic principle of individual choice that Maria illustrate is that many decisions are made on the margin.
