A company uses a variable percentage markup of 35%. If the total cost of a product is $15. What is its selling price?

An vital difference between the situation faced via a income-maximizing monopolistically competitive firm in the brief run and the state of affairs confronted with the aid of that identical firm ultimately is that inside the quick run, price may additionally exceed common overall fee, however in the long run, rate equals common general cost.

Monopolistic competition is the financial market version with many sellers selling comparable, but not equal, merchandise. The demand curve of monopolistic competition is elastic due to the fact despite the fact that the companies are selling differentiated products, many are nevertheless near substitutes, so if one firm increases its price too high, lots of its clients will switch to merchandise made by using other corporations.

This elasticity of call for is like natural competition where elasticity is ideal. call for is not flawlessly elastic due to the fact a monopolistic competitor has fewer opponents than will be the case for perfect opposition, and due to the fact the goods are differentiated to some diploma, so they are not ideal substitutes.

Monopolistic competition has a downward sloping call for curve. for this reason, simply as for a pure monopoly, its marginal sales will always be much less than the market charge, because it is able to only boom call for by way of lowering prices, however by means of doing so, it have to decrease the costs of all devices of its product. as a result, monopolistically competitive companies maximize profits or limit losses by using producing that amount wherein marginal sales = marginal price, both over the fast run and the long term.

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The step that Necie would have to take if she is to reduce the amount of white space would be to adjust column spacing

This is the term that is used to refer to the area of a page that is made up of nothing. That is, it carries no form of prints on it in the forms of writing of texts and also in the forms of drawings.

The white space that are found in the pages can be reduced when the page would be adjusted. Hence we would say that the way that the white space would have to be adjusted is to make adjustment to the spacing that are in the columns of the page.

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Answer:

Results are below.

Explanation:

Giving the following information:

Units sold= 1,350,000 / 450= 3,000

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 60,000 + 290,000 - 120,000= $338,000

Absorption costing income statement:

Sales= 1,350,000

COGS= (338,000)

Gross profit= 1,012,000

Total selling expense= (49*3,000) + 150,000= (297,000)

Total administrative expense= (19*3,000) + 110,000= (167,000)

Net operating income= $548,000

Now, the contribution margin income statement:

Sales= 1,350,000

COGS= (338,000)

Total Variable selling expense=  (49*3,000)= (147,000)

Total Variable administrative expense= (19*3,000)= (57,000)

Total contribution margin= 808,000

Total fixed selling expense= (150,000)

Total fixed administrative expense= (110,000)

Net operating income= $548,000

Finally, the unitary contribution margin:

CM per unit= 808,000 / 3,000= $269.33

Workers whose contributions are vested have satisfied the requirements to be paid a pension when they retire, even if they did not remain with the employer until that time.

A pension is a fund from which payments are taken in order to support a person's retirement from work in the form of regular payments (/pnn/, from Latin pensi, "payment") during the employee's job years. A pension may be a "defined benefit plan," where a specified amount is paid to a person on a regular basis, or a "defined contribution plan," where a fixed amount is invested and becomes accessible at retirement age. [1] Severance pay should not be confused with pensions; the former are normally paid as regular payments for the rest of one's life after retirement, whilst the latter are frequently paid as a fixed sum after an unjust termination of work before to retirement.

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Answer:

Flexibility mean you're more flexible about doing something. For example you could have flexible working hours which would mean you can work alot of the time like you can bend easily around when you work and compromise means you're wiling to meet in the middle so an agreement made that makes everyone happy.

Answer: (A) Retainer firms.

Executive Search firms are recruitment service organizations, that specializes in seeking, recruiting and placing highly qualified candidates for senior level and executive jobs across the public and private sectors, as well as non-profit organizations.

These firms work on the basis of two types of searches-

1) Retained Searches- In this, the firm receives guaranteed payment in form of direct payment, a further amount on 'shortlisted candidates' and final amount at time of completion.

2) Contingency Searches- In this, the recruiter will only be paid in the event of successful placement.

So, in the context of the above mentioned question, retainer firms charge a client a set fee whether or not the contracted search is successful.

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Answer:

i think its 9300

Explanation:

you just say 300l multipled by 31days and you get 9300

The term "master production schedule" refers to a declaration of a schedule of needs for distinct end products.

A master production schedule (MPS) is a plan for how specific commodities, such production, staffing, inventory, etc., will be generated during each time period. Typically, it has to do with production, where the plan specifies when and how much of each product will be needed. In order to improve production, spot bottlenecks, and foresee needs and finished goods, this plan quantifies significant processes, parts, and other resources. A MPS's accuracy and viability have a significant impact on profitability because they control a lot of plant activities. The majority of MPSs are produced by software with user tinkering. Schedules do not always match up due to technical restrictions, but primarily because of the extensive work required of the "master production schedulers."

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Journal entry for the purchase of a building and land by Carver Incorporated is given below:Debit: Building $480,000Debit: Land $320,000Credit: Cash $700,000Explanation:Carver Incorporated has purchased a building and land for a total cost of $700,000 cash.

The land has an appraised value of $320,000, and the building has an appraised value of $480,000.The purchase of a building and land will be recorded in the general journal of Carver Incorporated as follows:Debit: Building $480,000Debit: Land $320,000Credit: Cash $700,000The building and land will be recorded on the balance sheet as fixed assets.

The total amount of fixed assets will be $800,000, which is equal to the sum of the value of the building and land.The journal entry will increase the value of the building and land by $700,000. The cash account will be credited for the same amount as it is an outflow of cash for the company.

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Answer:

I think it's Observation method.

A company that expects sales for the first three months of next year to be $205,000, $230,000 and $280,000, respectively, and expects 30% of its sales to be cash and the remainder to be credit sales.

The credit sales will be collected as follows: 10% in the month of the sale and 90% in the following month. Compute a schedule of Getty's cash receipts for the months of February and March. In February, the budgeted cash receipts would be $205,000 + 70% ($230,000) = $354,500. This is because the $205,000 is the budgeted cash sale and $230,000 is the budgeted credit sales. 70% of the $230,000 credit sale is expected to be collected in February ($161,000).The $161,000 collected in February is the 10% of the $230,000 credit sale, which was collected in the same month of sale.

The remaining $69,000 ($230,000-$161,000) of the credit sales collected in March because 90% of the credit sales is collected in the following month. In March, the budgeted cash receipts would be $230,000 + $69,000 + 70% ($280,000) = $534,300. This is because the $230,000 is the budgeted cash sale and $280,000 is the budgeted credit sales. The $69,000 is the 90% of the $230,000 credit sales collected in March, while 70% of the $280,000 credit sales is expected to be collected in March.

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TRUEEEEEEEEEEEEEEEEEEEEEEE

Answer:

Its trueeeeeeeeeeeeeeeeee

Answer:

Not too sure but I think it goes 1.Fair credit billing act 2.Credit CARD act 3.Uniform commercial code 4.Truth in lending act.

Match the law terms and definition:

Truth in Lending Act - requires lenders to establish standardized disclosures regarding terms and how they calculate fees.

Through the meaningful disclosure of loan conditions, which enables customers to evaluate standardized credit terms more easily and intelligently, the Truth in Lending Act (TILA) aims to safeguard consumer protection and promote competition among financial institutions.

Match the law terms and definition:

As a result, the significance of the law terms and definition are the aforementioned.

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The correct response is a. If Depreciation is less than Gross Investment, Net Investment is negative.

Depreciation is a term that describes two different aspects of the same idea: first, the actual decline in an asset's fair value (for example, the value of factory equipment declines annually as it is used and wears out), and second, the allocation in accounting statements of the asset's original cost to the periods in which the asset is used (depreciation with the matching principle). Depreciation is essentially the loss of asset value and the process of reallocating, or "writing down," the cost of a tangible asset (such as equipment), over the course of the asset's useful life. For both accounting and tax reasons, businesses depreciate long-term investments.

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Answer:In return for giving up management power, limited partners get the benefit of protection from personal liability. This means that a limited partner can't be forced to pay off business debts or claims with personal assets. A limited partner, however, can lose his or her financial investment in the business.

Explanation:

For calculating unit product costs, variable costing solely accounts for the variable manufacturing costs of direct materials, direct labor, and variable manufacturing overhead.

What sort of cost is variable?

All expenses that vary according to how much a business produces and sells are considered variable costs. As a result, variable costs grow with rising output and diminish with falling production. In terms of variable costs, labor, utility prices, commissions, and raw materials are some of the most typical categories.

Costs that fluctuate as the volume increases are known as variable costs. Raw materials, piece-rate labor, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs. The "Cost of Goods Sold" is the name given to the variable costs of manufacturing in various accounting statements.

It is determined by dividing the variation in the overall cost of production by the variation in the number of units produced. When variable expenses are included in the overall cost of production, marginal costs exist.

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d) Sally, a loan officer at Commercial bank, originates a home equity loan for a customer.

Originates is a verb that means to come from a particular source or have a particular beginning. It can also mean to give rise to or create something.

The production function of the value chain is the process of creating value for customers through the production and delivery of goods or services. In this scenario, Sally is providing a service to her customer - originating a home equity loan - and this process creates value for the customer.

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Answer:

The focus on traditional financial statements is ACCOUNTING data rather than cash flow.

Free cash flows = (EBIT x (1 - tax rate)] + non-cash expenses (depreciation and amortization) - capital expenditures - increases in net working capital

Explanation:

Cash is KING. A company might b extremely profitable from an accounting point of view, but if it doesn't have enough cash to keep running, it will go bankrupt. E.g. many companies increase their sales revenue by handing out long credit terms to most or all of its customers including some that may not be able to pay them back. That increases accounts receivables and net income, but until the cash is collected, this is useless. The other option that a company has is to factor their accounts receivables but factoring companies are not dumb and they will pay a very low amount for them.

Companies and stocks are always valued based on cash flows, never on accounting records. Accounting records might be deceiving, but cash never lies. Either the company has or doesn't have cash. A company's cash flow tells investors how well managed a company is.

E.g. Remember that during the Great Recession both GM and Chrysler went bankrupt and the government had to bail them out. If you looked at their accounting records of the previous year, they were both profitable, so why did they burst in just a few months? They didn't have cash. Cars and SUVs are useless unless you sell them and collect the cash. Ford didn't go bankrupt because it had billions of dollars in cash, not because they were doing great. Ford was actually the company that performed worst form an accounting point of view. But out of the 3 car companies, it was the only one properly managed. Accounting records are great for the IRS but are meaningless to an investor.

Elora Inc. needs to adjust the carrying amount of its equipment to its fair value using the revaluation model. Given that the fair value of the machine on December 31, 2020, is $88,000, we will prepare the necessary entries to reflect this adjustment.

The revaluation model allows for the adjustment of an asset's carrying amount to its fair value, thereby providing more relevant information to the users of financial statements. In this case, the machine's carrying amount on December 31, 2020, is $100,000 (cost) minus the accumulated depreciation for two years, which would be $20,000 (straight-line depreciation of $10,000 per year for two years).

To adjust the carrying amount of the machine to its fair value, we need to increase or decrease the asset's value and update the accumulated depreciation accordingly. As the fair value of the machine is less than its carrying amount, we will decrease the carrying amount by the difference between the fair value and the original cost. The journal entry to adjust the carrying amount would be as follows:

Debit: Accumulated Depreciation - Equipment $20,000

Credit: Revaluation Surplus $12,000

Credit: Equipment $8,000

The debit to the Accumulated Depreciation account reduces its balance to reflect the adjustment, while the credits to the Revaluation Surplus and Equipment accounts decrease the carrying amount of the machine to its fair value of $88,000.

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Answer:

availability of financial/affordability

Explanation:

it's enables you to make more money for the growth of the community so we study it that way

To increase the quantity sold by 50%, the seller needs to reduce the price by $0.2 if the elasticity of demand is 5.

Here are the steps involved in solving this problem:

Percentage price reduction = (Percentage increase in quantity sold) / (Elasticity of demand)

Calculate the percentage increase in quantity sold: 50% / 100% = 0.5

Divide the percentage increase in quantity sold by the elasticity of demand: 0.5 / 5 = 0.1

Multiply the result by the initial price to find the amount of price reduction needed: 0.1 * $2 = $0.2

Therefore, the seller would need to reduce her price by $0.2 in order to increase the quantity sold by 50 percent.

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Depository financial institutions refer to institutions that primarily accept deposits from customers and use these deposits to provide loans and other financial services. This category of financial institutions includes commercial banks, thrift institutions, and credit unions.

Commercial banks are the most common type of depository financial institution. They provide a range of financial services such as checking and savings accounts, loans, and credit cards. These banks also offer investment services, insurance, and financial planning. Thrift institutions are another type of depository financial institution. They are typically smaller than commercial banks and specialize in providing savings and loan products. Thrift institutions include savings and loan associations and mutual savings banks. Credit unions are member-owned financial cooperatives that offer many of the same services as commercial banks and thrift institutions. They are not-for-profit organizations, and their primary goal is to provide financial services to their members at competitive rates. In summary, depository financial institutions play a vital role in the economy by providing a safe place for individuals and businesses to deposit their money and access credit. Commercial banks, thrift institutions, and credit unions all fall under this category, and each has its unique characteristics and services.

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Answer:

7 years (to the nearest year)

Explanation:

Given that;

A = amount

P= principal

t = time

r = rate

A =3P(given in the question)

Formula for compound interest;

A = P(1 + r)^t

Substituting values;

3P = P(1 + 18/100)^t

3P/P= (1.18)^t

3 = (1.18)^t

log 3 = t log 1.18

t = log 3/log 1.18

t = 0.4771/0.0719

t = 6.6 years

t = 7 years (to the nearest year)

An income elasticity less than zero tells us that the good is c) an inferior good.

Income elasticity measures the responsiveness of the quantity demanded of a good to changes in income. When the income elasticity of a good is less than zero, it means that the quantity demanded of the good decreases as income increases.

This indicates that the good is an inferior good. Inferior goods are goods for which demand decreases when income increases, as consumers switch to higher-quality substitutes as they have more disposable income.

Examples of inferior goods can include low-quality or generic products, used goods, or products that are considered less desirable as income rises. Therefore, an income elasticity less than zero indicates that the good is an inferior good.

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the time required for the simple interest of ₱3,500 at 9% per annum to be the same as the simple interest of ₱4,000 at 10.5% per annum for 4 years is approximately 5.33 years.Hence, the correct answer is C. 5.33 years

To solve this problem, we can set up an equation based on the concept of simple interest.

Let's assume the time required for the two amounts to be equal is "t" years.

The formula for simple interest is: I = P * R * T, where I is the interest, P is the principal amount, R is the interest rate, and T is the time in years.

For the first amount:
Interest1 = 3500 * 0.09 * t

For the second amount:
Interest2 = 4000 * 0.105 * 4

Since we want the two interest amounts to be equal, we can set up the equation:

3500 * 0.09 * t = 4000 * 0.105 * 4

Simplifying the equation, we get:
315t = 1680

Dividing both sides by 315:
t = 1680 / 315

t ≈ 5.33

Therefore, the time required for the simple interest of ₱3,500 at 9% per annum to be the same as the simple interest of ₱4,000 at 10.5% per annum for 4 years is approximately 5.33 years.

Hence, the correct answer is C. 5.33 years.

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Answer:

B, Help find connections for job shadowing experiences.

Explanation:

As it states directly in the text, "if they know anyone working in the career field you want to shadow." Therefore, you can infer that the answer is B.

Answer: The answer is B. Help find connection for job shadowing experiences.

Explanation:

The family and friends cannot decide what the boss wants for the job, texting during a JS experience is immature, and although they can't provide scholarships. That is just called paying for college. I hope I helped!

Answer:

D. Market

Explanation:

It produces goods which make money and then you can sell them which also produces money

The given statement " effective evaluation measures of a sales force should include both input and output measures." is True. Evaluation measures of a sales force should aim to provide both input and output measures. Input measures provide information on how effective and efficient the sales force is in utilizing available resources to reach the desired outcomes.

On the other hand, output measures offer details about the actual sales and profits made.The input measures of sales force evaluation typically involve assessing the recruitment, training, and deployment of the sales team members, the working environment, and the available sales tools and resources.

The output measures entail examining the sales volume, revenues, and profits attained over a given period. The ratio of sales to the number of sales representatives and customer feedback, are also commonly used as output measures in sales force evaluation.The use of both input and output measures in sales force evaluation is crucial in identifying the areas of strengths and weaknesses of a sales team.

In addition, both types of measures can help organizations to establish effective strategies to optimize the performance of their sales force. Hence, it is true that effective evaluation measures of a sales force should include both input and output measures.

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Answer:

d. is a nominal variable and the price of a Honda Accord divided by the price of a Honda Civic is a real variable.

Explanation:

In domain of economics, nominal varable are value that can be measured in terms of it's monetary value of the price that exist at that particular period of time. For instance blood type and genotype.

real value on the other hand is been measured based on goods/services, it's is the value even when inflation has set in.

Answer:

I woulod say c

Explanation:

it makes the most sense