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hichkok12
1 month ago
7

Surrey Store gets its products directly from the manufacturer and sells them to consumers. In this case, the manufacturer is a

Business
1 answer:
Mariulka [3.8K]1 month ago
8 0
A Wholesaler provides Retailers such as the Surrey Store with products. These Retailers then sell this merchandise directly to customers. One characteristic of Wholesalers is that they offer discounts for bulk purchases made by Retailers.
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Wessner Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor $
stepan [3596]
d. $13.00 Explanation: The contribution margin formula is determined by subtracting variable costs from the selling price. Here, the sales price is $25 per unit while the variable costs consist of: Direct materials: $6.20, Direct labor: $2.80, variable overhead: $1.45, sales commissions: $1.00, and administrative variable expense: $0.55 totaling a variable cost of $12.00 per unit. Thus, $25 selling price per unit minus $12 variable cost per unit equals $13 contribution margin per unit, the amount each unit contributes to cover fixed costs and generate profit during the period.
6 0
2 months ago
Suppose you short-sell 300 shares of XYZ stock at $30.19 with a commission charge of 0.5%. Supposing you pay commission charges
Nady [3600]
The profit amounts to $5.91. Based on the information presented: The number of shares sold is 300, the selling price is $30.19, and a commission fee of 0.5% equates to 0.005. The purchase price is $29.87. Let's calculate it: Total selling price = 300 × $30.19 = $9057. Therefore, proceeds from the sale are: Total selling price - Commission = $9057 - (0.005 × $9057) = $9,011.715. Furthermore, the purchasing cost for the shares is 300 × $29.87 = $8,961. The total expense incurred for purchase, including the commission, is $8,961 + (0.005 × $8,961) = $8,961 + $44.805 = $9,005.805. Consequently, profit is considered to be: Proceeds from sale - Total purchasing cost = $9,011.715 - $9,005.805 = $5.91.
8 0
1 month ago
The seller was told by the bank that she has a prepayment penalty due at the time of closing. the penalty is 6 months' interest
soldi70 [3635]
Utilizing the compound interest formula:

The annual compound interest equation, including principal amount, is:
A = P (1 + r/n)ⁿˣ

Here:

A = future value = $95000
P = principal investment amount =?
r = annual interest rate = 0.06
n = frequency of compounding per year = 2
x = duration in years for investment = 0.5


95,000 = P (1 + 0.06/2)¹

95,000 = P (1 + 0.03)

95,000 = P (1.03)

P = 95,000 ÷ 1.03

P = 95,000 ÷ 1.03

P = 92,233.01

Total compounded interest = 92,233.01 - 95,000

Total compounded interest = -2,766.99
3 0
3 months ago
Which one of the following is least apt to help convince managers to work in the best interest of the stockholders? Assume there
Scilla [3833]

Answer:

I'm not entirely sure, maybe ccccccc, but what’s your take on this?

4 0
1 month ago
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