A company’s CVP income statement included sales of 5,000 units, a selling price of $100, variable expenses of $60 per unit, and fixed expenses of $110,000. What is net income? *
Answers
Answer:
$90,000
Explanation:
calculating profit using contribution margin method;
units sold: 5000
selling price: $100
variable costs: $60
fixed cost: $110,000
conribution margin per item= selling price- variable costs
=$100- $60
=$40
Total CMargin = Contribution margin per unit x total units sold
= $40X5000
= $200,000
net Income = total conribution margin - fixed costs
= $200,000- $110,00
= $90,000
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Holding all else constant, an increase in preferences by Mexicans for U.S. goods will ______ the demand for dollars in the foreign exchange market and ______ the equilibrium Mexican peso/U.S. dollar exchange rate.A. increase;increaseB. increase;decreaseC. decrease;decreaseD. decrease; increase
Money invested in a business by either the owner or investers is called
Answers
Answer:
contribution
Explanation:
Based on the scenario being described within the question it can be said that this is an example of the contribution principle of value. This principle states that the value of a specific element is measured in comparison to what it adds to the value of the property as a whole. Which in this case would be $2000 as that is what the porch adds (contributes) to the value of the entire property.
Answers
Answer:
Per-unit production costs would decrease.
Explanation:
Real domestic output in an economy is 2400 units.
The quantity of inputs is 60, and the price of each input is $30.
Total cost of producing 2400 units
=
= 1,800
Per unit cost of producing 2400 units
=
= 0.75
Total cost of producing 3000 units
=
= 1,800
Per unit cost of producing 3000 units
=
= 0.6
If productivity increased such that 3000 units are now produced with the quantity of inputs still equal to 60, per unit production cost will decrease.
Answers
here are the choices:
A.A high school graduate
B.A college applicant
C.Someone with a 2-year (Associate) degree
D.Someone with a 4-year (Bachelor’s) degree
B. Servant
C. Authentic
D. Transactional
E. Interactive
Answers
Andy can best be described as transformational leader.
Option A
Explanation:
Tranformational leader is the one who works along with the team members to establish the required change, creating a vision to train or guide by inspiring the team and executing the change.
Here it has been given that Andy’s subordinates feels comfortable to work for him and he inspires them.
The other options,
Servant: The objective of the servant type of leader is to serve his subordinates.
Authentic: They create honest relationships with their subordinates and promote openness.
Transactional: The objective of transactional leader is to promote compliance by subordinates via both punishments and rewards.
Interactive: They involve their subordinates in the tasks and make them to understand goals and tasks.
So, it can be concluded that, Andy is a transformational leader.
Answers
Answer:
Reachable
Explanation:
The reason is that the customer segment is not reachable because it is very difficult for the person access its customer and negotiate the terms and conditions along with its product offering. Furthermore, it is also very difficult for the Ryan to carry out a market research because of the issue that he cann't access his customers and hence he can't form an opinion that whether or not they must invest in this opportunity.
c. the association of homeowners in the condominium.
d. Michael and the owners of the units in the condominium in the form of undivided percentage interest.
Answers
Answer:
D) Michael and the owners of the units in the condominium in the form of undivided percentage interest.
Explanation:
A condominium property is a single and individually owned unit within a multi-unit building, e.g. a single apartment in an apartment building. The condominium owner possesses the property title of the unit, and is the joint owner of the common areas, e.g. elevator, halls, stairs, swimming pool, recreation centers, etc. The common areas are defined as the entire residential development, less the individual condominium units. The possessions of the common areas is in the form of undivided percentage interest, so no individual owner can sell or trade his ownership of the common areas.