The correct answer is auto loan.
Answer:
b. and d.
Explanation:
Amanda is not required to pay any tax, as She is earning less than $12200s. And, Jason as well cannot be asked to pay tax as he is earning less than the required limit. However, Greg and Erin are required to file their returns, as they are earning more than the allowed free limit.
Answer:
If the number of male and female buyers is the same, then the best pricing strategy is to offer 2 different microwaves (option 3). One simple and cheap microwave for men and one with auto-defrost for women.
Explanation:
If most buyers were women (significantly higher), then option 2 would be better, since $121 per microwave is a much higher price and even though total sales numbers may not be maximized, profits will probably be maximized.
If most buyers are men, then option 1 would be probably better, depending on the proportion of male vs female buyers.
Answer: A. Separate costs into fixed and variable categories.
Explanation: The contribution income statement separates variable and fixed costs in an effect to show the amount of revenues left over after variable costs are paid, that is, it lists variable costs (costs that do not remain consistent) and fixed costs (costs that are constant whatever the amount of goods produced) in order to calculate the contribution margin of the company. It is also known as the contribution margin income statement. As opposed to the traditional income statement which separates product costs from period costs, it separates variable costs from fixed costs and is applied to determining net profit or loss for the period.
