How to calculate gross margin Description AmountNumber of units sold 800 unitsSelling price per unit $500 per unitCost of goods sold per unit (all variable) $250 per unitVariable selling expense per unit $45 per unitFixed selling expense $22,100Variable administrative expense per unit $32 per unitFixed administrative expense $15,400

Answers

Answer 1

Answer:

$200,000

Explanation:

The computation of the gross margin is shown below:

As we know that

Gross margin = Sales - cost of goods sold

= (800 units × $500 per unit) - (800 units × $250 per unit)

= $400,000 - $200,000

= $200,000

We simply applied the above formula so that the gross margin could come

And the other items which are mentioned in the question are to be ignored as they are not relevant


Related Questions

Drop-down options are:

a) equal to 5, more than 5 and below 8
b) more than 5 and below 8, equal to 5

Drop-down options are: a) equal to 5, more than 5 and below 8b) more than 5 and below 8, equal to 5

Answers

The equilibrium W is 5 and the equilibrium quantity will be 15.

How to calculate the equilibrium?

It should be noted that the equilibrium will be calculated by setting the quantity supplied and demanded together.

From the information, it should be noted that the equilibrium quantity is given as:

Quantity supplied = Quantity demanded

3W = 40 - 5W

Collect the like terms

5W + 3W = 40

8W = 40

Divide

W = 40 / 8

W = 5

The equilibrium W is 5

Market demand and supply will be:

= 3W

= 3 × 5

= 15 units.

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Peeples, Inc., has a book value of equity of $13,500. Long-term debt is $7,700. Net working capital, other than cash, is $1,990. Fixed assets are $18,450 and current liabilities are $1,670.

A) How much cash does the company have? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

B)What is the value of the current assets? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Answers

Answer:

hope you like my answer

Explanation:

Peeples, Inc., has a book value of equity of $13,500. Long-term debt is $7,700. Net working capital,

Please answer thank you !!!

Please answer thank you !!!

Answers

Answer:

I think its the 3 one

Innovate ways where you can prove the law of action-reaction.

Answers

The ways where you as a person can prove the law of action-reaction are:

When a player pushes the ball forward with force while holding it, the ball pushes back on the player's hand.Student tugs on desk, which tugs back on student (This is how you can "pull" yourself forward.)

How can the law of action and reaction be proven?

When a person pushes against a wall (action force), the wall pushes back with an equal and opposing force (reaction force). The Space Shuttle lifts (there is no slingshot involved!) because the hot gases push out hot gases (action force) and exert a force on the Space Shuttle engines (reaction force).

Therefore, it can also be shown through Swimming. With  the use of the hands, a forward-swimming individual forces the water to move backward. A response force is created as a result of the action force that the individual is exerting.

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If 15,000 fans bought tickets totaling $450,000, what was the average price per ticket?

Answers

Answer:

$30

Explanation:

450,000 ÷ 15,000 = 30

The average price per ticket is $30.

What is Average?

In mathematics, the Average value—which is determined by dividing the sum of all the values by the total number of values—is the average value in a collection of numbers.

To calculate the average of a collection of data, add up all the values and divide the result by the total number of values.

According to the given question, total number of fans are 15,000 and amount of total tickets are $450,000.

Average price per ticket can be computed as follows:-

Average = Total Amount ÷ Number of Observations

= 450,000 ÷ 15,000

= 30

Therefore, it can be concluded that the average price per ticket is $30.

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Which of the following is true of a good benefits plan?
a. It is generally inexpensive to buy and administer.
b. It will stimulate higher performance levels.
c. It will encourage people to join an organization.
d. It will include redundancies in coverage.
e. It allows for smaller pay increases.

Answers

Answer:

C

Explanation:

The following is true of a good benefits plan it will encourage people to join an organization. The correct option is c.

What are the benefits of motivated employees?

There are several benefits to having a motivated workforce, including lower absenteeism rates, employee retention rates, low staff turnover rates, improved management-worker relationships, higher worker performance, improved quality, and enhanced customer service.

A good benefits plan is an essential part of an organization's compensation strategy. It can be used to attract and retain talented employees and can be a competitive advantage in the job market. A well-designed benefits plan can also help to improve employee morale, motivation, and job satisfaction. While it may require a significant investment, a good benefits plan can provide a good return on investment for the organization.

Thus, the ideal selection is option c.

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f) In a financial crisis, would it be preferable for the government to stabilise the economy using fiscal or monetary policy?

Answers

In a financial crisis, both fiscal and monetary policies can be used to stabilize the economy, but their effectiveness and appropriateness may vary depending on the specific circumstances and goals of policymakers.

Fiscal policy refers to the use of government spending and taxation to influence the economy. In a financial crisis, the government can implement expansionary fiscal policies, such as increasing government spending or reducing taxes, to stimulate economic activity.

This can help boost consumer and business spending, create jobs, and restore confidence in the economy.

Fiscal policy can also be targeted to provide direct assistance to industries or sectors that are most affected by the crisis, such as providing financial support to struggling businesses or implementing social safety net programs to support individuals and families in need.

Monetary policy, on the other hand, is conducted by central banks and involves the manipulation of interest rates and the money supply to influence economic activity.

In a financial crisis, central banks can employ expansionary monetary policies, such as lowering interest rates or implementing quantitative easing measures, to encourage borrowing and investment, stimulate lending by financial institutions, and provide liquidity to the markets.

These actions aim to promote economic growth, stabilize financial markets, and restore confidence among investors and businesses.

The preference for fiscal or monetary policy in a financial crisis depends on several factors, including the nature and severity of the crisis, the policy tools available, and the economic conditions.

In general, fiscal policy may be more effective in addressing structural issues or long-term challenges, as it can directly target specific sectors or provide substantial stimulus to the economy. Monetary policy, on the other hand, can act more swiftly and is often used to address short-term fluctuations or liquidity issues in financial markets.

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The five stress in the workplace

Answers

The five stress in the workplace

WorkloadInterpersonal conflictsLack of controlOrganizational culture and job demandsWork-life balance

The five stress in the workplace

Stress in the workplace can stem from various factors, including excessive workloads, tight deadlines, and a high volume of tasks. Interpersonal conflicts, such as poor communication and personality clashes, can also contribute to workplace stress.

Feeling a lack of control over work-related decisions and schedules, along with a toxic organizational culture or unrealistic job demands, can further exacerbate stress levels. Additionally, difficulties in achieving work-life balance due to long hours and limited personal time can lead to increased stress and burnout.

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What is market environment

Answers

Answer:

The market environment is the combination of external and internal factors that affect a company's ability to establish a relationship with and serve its consumers.

Explanation:

The internal factors relate to the company itself, such as owners, workers, materials, components, etc.

The external factors are divided into macro and micro components. The macro component is the broad environment which includes societal forces that affect society as a whole. The micro component is task-related, which includes factors that influence the production, manufacturing and distribution of a product or service.

A loan is made on January 19 and has a due date of October 14 during a leap year find the exact time of the loan

Answers

When a loan is made on January 19 and has a due date of October 14 during a leap year, then the exact time period of the loan in terms of number of days will be 270 days, which is roughly close to 9 months.

What is the significance of a time period?

A time period can be referred to or considered as the duration for which a loan or any monetary engagement is due and must be paid by the date of maturity, the non-payment or any delay in repayment of which will most likely result in a default.

To calculate the number of days between January 19 and October 14,

Consider 13 days of JanuaryConsider 29 days of FebruaryConsider 30 days each from June, April, and SeptemberConsider 31 days each from March, May, July, and AugustConsider 14 days of October

So, it is calculated as 13+29+90+124+14=270 days

Therefore, the time period of the loan during a leap year between January 19 and October 14 will be 270 days.

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Outline how a caller’s experiences affect their view of an organisation

Answers

A caller's experience can affect the way they view the organisation as if on the phone we come across rude or disrespectful it will reflect badly onto the company, this is because when we are on the phone to a customer while at work we represent the company, therefor if we speak to the customer

As an amputee herself, Morgan works in a lab experimenting with new technology that can allow a prosthetic to be attached to living cells. The Health Science career pathway Morgan works in is _____.
Support Services

Biotechnology Research and Development

Health Informatics

Diagnostic Services

Answers

Answer:

Biotech R&D

Explanation:

My mom does that

If Country A is an agricultural country and Country B has many cities and factories, it would make sense for

both countries to set up car manufacturing plants.
Country A to specialize in growing corn while Country B specializes in making cars.
Country A to specialize in making cars while Country B specializes in growing corn.
both countries to compete in growing more corn.

Answers

Answer:

Country A to specialize in growing corn while country B specializes in making cars

18 1/2% to a fraction and reduce to lowest term

Answers

The lowest term of the given fraction 18 /12 is 37/2.

What is a Fraction?

An element of a whole is a fraction.

The number is represented mathematically as a quotient, where the numerator and denominator are split.

Both are integers in a simple fraction.

A fraction appears in the numerator or denominator of a complex fraction.

The numerator of a proper fraction is less than the denominator.

So, we have the fraction:

18 1/2

Now, convert t in the lowest term as follows:

18 1/2

2(18)+1/2

36+1/2

37/2

Therefore, the lowest term of the given fraction 18 /12 is 37/2.

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Correct question:

18 1/2 to a fraction and reduce to the lowest term?

what is the value of a 1000 dollar investment that loses 5% each year

Answers

Answer:

$663.42

Explanation:

1000(0.95)^8

= $663.42

Edgar, Inc. has a materials price standard of $2.00 per pound. 6000 pounds of materials were purchased at $2.20 a pound. The actual quantity of materials used was 6000 pounds, although the standard quantity allowed for the output was 5400 pounds. Edgar, Inc.'s materials price variance is $120 U. $1200 U. $1080 U. $1200 F.

Answers

Answer:

$1,200U

Explanation:

Edgar's inc material price variance would be computed as;

= [(AQ × AP) - (AQ × SP)]

Where;

AQ = Actual quantity = 6,000 pounds

AP = Actual price = $2.20

SP = Standard price = $2

Therefore, Edgar's inc Material price variance ;

= [(6,000 × $2.20) - (6,000 × $2)]

= [($13,200) - ($12,000)]

= $1,200U

Which of the following items would MOST likely be enforced by the forced sale of a property?
A) encroachment
B) easement
C) will
D) judgment

Answers

A property is a belong of any person. The items would most likely be enforced by the forced sale of a property is judgment.

How are judgments been enforced?

In terms of wages, a judgment creditor uses authorization from the court in a document.  Due to this authorization, the judgment creditor directs the police to seize a portion of your wages. The police, in turn, notifies the person involved.

This is the same when it comes to property. A judgement by a court often stands in the sales of any property.

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state 2 sources of income from sales for a pizzeria

Answers

Two sources of income from sales for pizzerias include:

Sales of pizzas and other pastries Sales of drinks and refreshments

How do pizzerias make money?

Pizzerias as the term implies, are places that make and sell pizzas. This means that their chief source of income from sales would be the sale of pizzas. They also make sales of other pastries such as calzones and bread on occasion.

Pizzerias also sell drinks and liquid refreshments for customers to consume when eating the pizzas so this is another source of income from sales for pizzerias.

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Why do people typically purchase insurance policies?
A. They anticipate that they will never have to pay their deductibles.
B. They believe insurance policies will increase in value over time.
C. They calculate that their insurance premiums will be greater than
their benefits.
D. They would not be able to pay for major expenses without
insurance.

Why do people typically purchase insurance policies?A. They anticipate that they will never have to pay

Answers

Answer:

D

Explanation:

Insurance is used too help pay for major expenses, so D should be the correct answer.

People purchase insurance policies because they can't be able to reimburse for major charges without insurance.

Option D is the correct answer.

What is an insurance policy?

An insurance policy is a contract between the policyholder and the insurance company to provide indemnification from the risk as specified in the policy.

After purchasing insurance policies, an individual can easily pay for huge expenses which are not in their budget. In this, the money is paid by the insurance company and the individual pays premiums for that.

Therefore, the acquisition of insurance policies by the people for making payments for huge expenses.

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The amount that the shareholders have invested into the company is called: Multiple Choice Retained earnings. Accumulated other comprehensive income. Paid-in capital. Shareholders’ equity.

Answers

You got to chose who’s your real friend to help you with home work

why is this so difficult

Answers

Answer:

What is your question?

Recently, "de-dollarization" has become a hot topic of global discussion. Recently, a Chinese think tank published an article saying that the trend of global de-dollarization has become very clear, and many countries in the world are working hard to reduce their dependence on the US dollar. The main driving force for this trend is my country's weaponization of its currency through excessive sanctions.

Answers

De-dollarization, or the reduction of dependence on the US dollar in global financial transactions, has indeed gained attention in recent years. While it is true that some countries are actively working to diversify their currency holdings and reduce reliance on the US dollar, it is essential to consider multiple factors that contribute to this trend.

One of the factors that have led to discussions about de-dollarization is the use of economic sanctions by the United States. Economic sanctions can be a powerful tool for a country to exert pressure on another nation, but they can also have unintended consequences. When the US imposes sanctions, it often restricts access to the US financial system, which is heavily reliant on the US dollar. This has prompted some countries to explore alternative methods of conducting international trade and finance to mitigate the impact of sanctions.

China, as a rising economic power, has been at the forefront of efforts to promote de-dollarization. It has taken steps to internationalize its currency, the yuan (also known as the renminbi), and has established currency swap agreements with various countries to facilitate trade settlements in yuan. Additionally, China has been promoting the use of its currency in international transactions through initiatives like the Belt and Road Initiative, which aims to enhance trade connectivity and financial integration among participating countries.

While weaponization of the US dollar through sanctions is indeed a contributing factor to the de-dollarization trend, it is not the sole driver. Other factors include concerns about the long-term stability of the US dollar, efforts by countries to reduce vulnerability to currency fluctuations, and geopolitical considerations. Some countries view de-dollarization as a way to enhance their economic and financial sovereignty, diversify risk, and reduce exposure to potential US policy changes.

It is important to note that the process of de-dollarization is gradual and complex. The US dollar still remains the dominant global reserve currency and the primary currency for international trade. The global financial system has deep-rooted structures and networks that make a rapid shift away from the US dollar challenging. However, as various countries seek to reduce their dependence on the US dollar, we can expect ongoing discussions and actions related to de-dollarization in the global economic landscape.

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The heading of every financial statement contains several line items. Identify the correct items from the list below. (Check all that apply.).-The company name -The date or time period the financial

Answers

Statements cover -The type of financial statement (e.g. balance sheet, income statement) -The unit of currency used in the financial statements (e.g. USD, EUR).

What is an income statement?

An income statement, sometimes referred to as a profit and loss statement, is a financial statement that lists the sales, costs, and net income of a firm for a certain time period. An income statement's goal is to demonstrate a company's profitability by presenting its operational results in an understandable and structured way. The income or sales of the business are shown first, followed by the cost of products sold and other operational expenditures. The net income or loss for the period is the difference between revenue and costs. The income statement is a crucial instrument for assessing a company's financial performance and helping investors, creditors, and other stakeholders decide whether to invest, lend money to, or conduct business with the firm.

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Some people argue that “the only beneficiary of the entrepreneurial wealth is the entrepreneur him/herself” Do you agree? Why or why not?

Answers

Answer: I don't agree.

Explanation:

I do not agree that the only beneficiary of the entrepreneurial wealth is the entrepreneur himself/herself. Firstly, an entrepreneur is someone who has a business and takes all risks in order to make profit.

When an entrepreneur creates a business, he or she employs people who work for the entrepreneur and they get paid for the work done. In this way, the entrepreneur is contributing to the society.

Some entrepreneurs also give back to the society in form of scholarships, creating awareness on important issues etc. Furthermore, by setting up a business, the government taxes them and the tax can be utilized for the betterment of the country.

With the above explanation, the only beneficiary of the entrepreneurial wealth is not the entrepreneur him/herself. The whole society benefits.

Which of the following is not an attribute of every leader?
O focused
O highly-paid
O a good listener
O able to teach others

Answers

highly-paid


they are focused, good listeners, and able to teach others, but not necessarily have to be paid for what they do

Jimmy export copra to Australia for A $5000 when exchange rate IS KI= A$0.50 What is the total revenue earn from the export?​

Answers

The total revenue earned from export is 10,000KI.

To calculate the total revenue earned from the export, multiply the amount of copra exported by the exchange rate.

Given:

Amount of copra exported = A$5000

Exchange rate: 1 KI = A$0.50

Total revenue = Amount of copra exported * Exchange rate

Total revenue = A$5000 * KI/A$0.50

Simplifying the expression:

Total revenue = A$5000 / (A$0.50/KI)

To divide by a fraction, we can multiply by its reciprocal:

Total revenue = A$5000 * (KI/A$0.50)

Calculating the product:

Total revenue = 5,000 * 2KI

Total revenue = 10,000KI

Therefore, the total revenue earned from the export of copra to Australia is 10,000KI.

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The complete income acquired from trade is 10,000KI. To work out the absolute income acquired from the product, duplicate how much copra traded by the swapping scale.

Exchange includes the exchange of labor and products starting with one individual or substance then onto the next, frequently in return for cash. Financial experts allude to a framework or organization that permits exchange as a market.

An early type of exchange, trade, saw the immediate trade of labor and products for different merchandise and services,[1] for example exchanging things without the utilization of money.

Current income merchants by and large haggle through a mode of trade, like cash. Subsequently, purchasing can be isolated from selling, or acquiring. The innovation of cash (and letter of credit, paper cash, and non-actual cash) incredibly streamlined and advanced exchange.

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Who is responsible for the setup of speakers for a banquet

Answers

Answer:

I think manager??????????

The one responsible for the setup of speakers for a banquet is the event manager, Catering manager or the banquet head of administration who is supervising the team.

What is a banquet?

The banquet space is furnished with decorations, accessories, and table arrangements. The banquet manager hires and schedules staff, oversees the banquet while it is being held, etc.

At the start of the banquet, the catering manager is present to ensure that all of the guests' demands are being met.He did a good job of allocating the resources, monitoring the process, and finishing on schedule.

The setup of the dinner, table arrangements, staff scheduling, and other tasks are all coordinated by the banquet supervisor. The chef is in charge of guaranteeing excellence in banquets and reports to the executive chef.

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what is business and training???​

Answers

Answer:

I did not .ñunderstand a da.mn.

Explanation:

traducelo

Answer:

skills, abilities, and knowledge to improve employee performance.

Explanation:

Business training is a learning and development process that refers to  specific skills, abilities, and knowledge to improve employee performance.

How important is customer
service as part of meeting
customers' needs?

Answers

Answer:

Meeting customer needs is crucial for any business looking to retain and attract new customers. Because, as important as the discovery phase is, knowledge about what your customer needs from you is only as good as the way you use it. ... You may even need to plan, build and execute on a brand new facet of your product.

P365
5 *E6-30B. (Learning Objective 2, 3: Determining ending inventory and cost of goods sold by
four methods) Use the data for Riva's, Inc., in Exercise 6-29B to answer the following.
Requirements
1. Compute cost of goods sold and ending inventory using each of the following methods:
a. Specific unit cost, with four $150 units and six $160 units still on hand at the end
b. Average cost
c. FIFO
d. LIFO
2. Which method produces the highest cost of goods sold? Which method produces the low-
est cost of goods sold? What causes the difference in cost of goods sold?

Answers

Last-in First-out (LIFO) is the method produces the lowest cost of goods sold.

What is Last-in, First-out?

1. a). This method often entails figuring out the cost and unit price for each commodity depending on the actual date of a inventory.

b). Determining the average cost of items per unit is one of the factors considered by the average cost technique. It is computed by dividing the entire cost of goods sold by the total amount of inventory that is currently on hand.

c). According to the FIFO approach, current inventory is ends up costing at the earliest inventory price. This is because the cost of the inventory is calculated based on the price of the earliest inventory cost.

d). According to the LIFO approach, any inventory is ends up costing using the first or most recent price, which implies that the cost of inventory is costed based on the most recent inventory price.

2. Last-in, First-out (LIFO): Under LIFO, costs that closely resemble current costs are produced because the cost of material purchased toward the end of the period is used to determine the cost of goods sold. However, the inventory is valued based on the price of the components that were purchased earlier in the year. The application of LIFO will produce the lowest net income and the greatest estimated cost of goods sold among the three options during periods of inflation.

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What is the highest amount you can be fined by the Maryland Real Estate Commission for a serious violation A hiker want to determine the height of a cliff. Shehas measured her height (5.8ft) and shadow (7ft).She knows the cliff casts a shadow of 50ft. Howtall is the cliff? Select all answer choices that were included in your response. The acid being analyzed was not identified, so the balanced chemical equation could not be written. The volume of the pipet used to transfer the acid was not recorded, which makes it impossible to determine the molarity of the acid. The buret readings were not recorded to the nearest 0. 01 mL. Units were not recorded in the data table. The buret was not rinsed with base before filling, which could dilute the base solution A 44 year old electrician has been shocked. He is responsive to verbal stimuli and has garbled speech. His airway A cube has a volume of 216cm/3.what is the area of the base of the cube A group of students weighs 500 US pennies. They find that the pennies have normally distributed weights with a mean of 3. 1g and a standard deviation of 0. 14g what value of x makes this equation true.x/3-3=x/9+3 How could you increase the object's gravitational potential energy without changing its distance from the ground(height) and gravity?. What is the domain of the quadratic function given by f(x) = 2x2 + 2x - 4?A) [0, +) B) all real numbers C) all negative real numbers D) all positive real numbers Find the Volume of the cone. Round your answer to the nearest tenth.Radius=7ydHeight=9ydThe volume of the cone is about _ cubic yardsplss help Find the mean of 8, 6, 2, 6, 8, 6 graphically. What is the sum of the numbers? a. The lengths of two sides of a triangle are 8 and 10 , and the measure of the angle between them is 40. What is the approximate length of the third side? Paige Edley's study of discourse at a woman-owned business found that:__________A. everyone in the business talked about having a cooperative and friendly workplace.B. the owner of the business derided those who took off too much time for family concerns.C. the emotional nature of communication within the organization was often labeled as simply the way women talk.D. all of the above Consider a difference of 20etween two values of a standard deviation to be significant. how does this computed value compare with the given standard deviation, ? if abbott's office supplies buys furniture and filing cabinets from craine furniture and craine buys paper, pens, and folders from abbott's, the two firms are engaged in ____________________ Using what you learned in the table about word origins and word parts, match the correct meaning to each word. Tilesillegally imported or exported goodspowerful or strongthe rate of rhythm in musicbeyond what is usual or regularto move or go forwardacting in a servile mannerPairsextraordinarytempocontrabandsubservientforcefulproceed If a/b=1 and a+b=17.3146, find the value of a-b in simplest form On discovering an improperly adjusted drill press, Jack Joyner, Director of Quality Control, ordered a 100% inspection of all castings drilled during the evening shift. Jack is ordering a ___________________. Which of the following helps the learner select attainable goals...Which of the following helps the learner select attainable goals and to determine the amount of effort he or she will give to attain that goal?A. Self-efficacyB. DissemblingC. Engagement Find the dot product v. w. =v-10i 9j. w --4i-8j A) -72B) -40 C) -112 D) 32