If Bronx Watches sells 300 watches at $38 per watch and has variable costs of $18 per watch and fixed costs of $4,000, what is the projected profit?
Answer to relevant QuestionsMadison Company manufactures major appliances. Because of growing interest in its products, it has just had its most successful year. In preparing the budget for next year, its controller compiled the following ...Marj Plimpton is the owner of a hairdressing salon in New York City. Her salon provides three basic services: shampoo and set, permanent, and cut and blow dry. Its operating results from the past quarterfollow.Park & Morgan, a law firm, is considering opening a legal clinic for middle- and low income clients. The clinic would bill at a rate of $18 per hour. It would employ law students as paraprofessional help and pay them $9 per ...Last Mortgage Inc.’s primary business is processing mortgage loan applications. Last year, the manager of the mortgage application department established a policy of charging a $500 fee for every loan application ...Budgeting is not only an essential part of planning; but it also helps managers command, control, evaluate, and report on operations. Why are the concepts of understand ability and comparability important in budgeting? List ...
Post your question