Business, 20.03.2020 09:15 hannahmckain
Aaron Corporation, which has only one product, has provided the following data concerning its most recent month of operations: Selling price $ 102 Units in beginning inventory 0 Units produced 3,700 Units sold 3,220 Units in ending inventory 480 Variable costs per unit: Direct materials $ 19 Direct labor $ 39 Variable manufacturing overhead $ 7 Variable selling and administrative expense $ 4 Fixed costs: Fixed manufacturing overhead $ 61,500 Fixed selling and administrative expense $ 2,800 The total contribution margin for the month under variable costing is:
Answers: 2
Business, 23.06.2019 03:20
Draw, label and explain the circular flow model (cfm). include the following: firms, households, product market, and factor (or resource) market.who owns the productive resources? what are those resources? what payment does each type of resource earn? explain the two markets in the cfm and explain the roles that firms and household each play in the cfm.
Answers: 2
Business, 23.06.2019 12:00
Lipman auto parts, a family-owned auto parts store, began january with $10,300.00 in cash. management forecasts that collections from credit customers will be $11,400.00 in january and $14,800.00 in february. the store is scheduled to receive $5,000.00 in cash on a business note receivable in january. projected cash payments include inventory purchases ($13,000.00 in january and $13,600.00 in february) and operating expenses ($2,700.00 each month). lipman auto parts' bank requires a $10,000.00 minimum balance in the store's checking account. at the end of any month when the account balance dips below $10,000.00, the bank automatically extends credit to the store in multiples of $1,000.00. lipman auto parts borrows as little as possible and pays back loans in quarterly installments of $2,000.00, plus 4 percent interest on the entire unpaid principal. the first payment occurs three months after the loan.
Answers: 2
Aaron Corporation, which has only one product, has provided the following data concerning its most r...
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