What are some possible explanations
During 2002, real GDP in Japan rose about 1.3 percent. During the same period, retail sales in Japan fell 1.8 percent in real terms.What are some possible explanations for retail sales to consumers falling when GDP rises?
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If sale is $ 8,00,000 , Variable cost = $ 4,80,000, Fixed cost = $ 1,60,000.The global industry is thinking of expanding the industry capacity. The increase in fixed costs due to industry expansion will be $ 80,000.
Logan Products computes its predetermined overhead rate annually on the basis of direct labor-hours. At the beginning of the year, it estimated that 33,000 direct labor-hours would be required for the period's estimated level of production.
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If mark up is based on variable costs, how much revenue must each service generate to provide the profit expected by corporate headquarters? What is the anticipated revenue per hour for each service?
Ernie Gilmore began working as a part-time waiter on June 1,2012 at sporthouse restaurant. The cash tips of $390 that he received during June were reported on Form 4070, which he submitted to his employer on July 1.
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Describe the appropriate circumstances for using the example for each term and when it might lead to misunderstanding.
Jake Marley, owner of Marley Wholesale, is negotiating with the bank for a $200,000, 90 day, 12 percent loan effective July 1 of the current year. If the bank grants the loan, the proceeds will be $194,000.
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