If the cost of manufacturing (direct labor and materials) is 50% of sales and profit is 15% of sales, what would the profit percentage be if the direct costs of manufacturing were reduced from 50% to 47%

Answers

Answer 1

Answer: 18%

Explanation:

Assume sales is $100.

Profit is 15% of sales so profit is:

= 15% * 100

= $15

Cost is 50%:

= 50% * 100

= $50

If costs were reduced to 47%, it would become:

= 47% * 100

= $47

This means that $3 has been freed up.

This $3 will go to the profit because the other costs are not dependent on production and so are considered fixed.

With $3 going to profit, the profit becomes:

= 3 + 15

= $18

Profit percentage:

= 18 / 100

= 18%


Related Questions

Quick! When applying for a job, what are 2-3 things a hiring manager might ask you to send them?

Answers

Answer:

Social security number, birth certificate, and driver's license or state ID.

If you don't have a license then give them your ID.

Explanation:

The document the hiring manager will ask includes the Social security number, Birth certificate and Valid identification card

The hiring manager is the manager who perform the task of Human resources manager because he is responsible for selection process, interview and training of qualified applicant for a job.

Usually, the hiring manager will ask the qualified manager to send him some document after his successful selection to work in the company. They includes

The applicant's social security number. The applicant's birth certificate.The applicant's valid license or identification card.

Learn more about this here

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como conseguir novio en tres días?

Answers

Answer:

go to reddit loads of incels

Explanation:

jk, just shoot your shot with whoever shows interest? ask em out maybe worst they can say is ew no. if they do just move on to the next, seeing as you having a time limit.

yes the person above me is correct! hope this helps

.
If Ann says, “I’d be happy to help you find a new TV,” but has a scowl on her face and is looking down at her cell phone, you would

not notice the disparity in her verbal and nonverbal communication.

think that she is not really happy about doing her job.

expect this kind of communication from a salesperson.

think that she is eager to help you.

Answers

Answer:

The answer is most likely A.

Explanation:

:) have a great rest of your day :)

The expression of scowling on Ann's face and then looking toward her phone shows no disparity between the communication verbally and non-verbally.

Option A is the correct answer.

What is meant by scowling?

Scowling is an expression of an individual where he/she is either angry or showing bad-tempered behavior.

When Ann says that she would be happy to help in finding a new TV, but is having a scowling look on her face by looking at the phone describes that there is no difference between the conversation if done in a verbal or non-verbal manner.

Therefore, the explanation provided in the part A will served the purpose of what Ann has said.

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Objectives
of the
marketing departments

Answers

Answer

It serves as the face of your company, coordinating and producing all materials representing the business. It is the Marketing Department's job to reach out to prospects, customers, investors and/or the community, while creating an overarching image that represents your company in a positive light.

Explanation

The basic or fundamental objective of marketing management is to maximise consumer satisfaction; and maximising enterprise profitability through maximising consumer satisfaction.


Step by step

So without further ado, let's dig into the 7 functions of marketing and take a look at how they align with overarching business objectives.
Promotion.
Selling.
Product management.
Marketing information management.
Pricing.
Financing.
Distribution.

similarities between large scale and small scale retailers​

Answers

1) Wholesalers –
These are the organisations that buy and resell products to other resellers like retailers, other merchants or to industrial buyers, and not in significant amount to end users. They take title to the products they trade in. They buy the products in large quantities and break down the bulk basis the requirement for distribution to retailers, etc. They provide range of services to buyers as well as manufacturers like transportation, buying on credit, etc.


2) Retailers –
Retailers sell products/ goods to final consumers for consumption or use. Retailers buy the products from different sources like manufacturers, wholesalers, traders, etc. basis the need and want in the market. They are considered the final link with the consumer in the marketing/ distribution channel. Most of the retailing in retail stores though new concept of retailing called non-store retailing is becoming popular. It is direct selling to customers via infomercials, telecalling, internet selling, ecommerce, direct mail, personal selling, etc.

52. With respect to the bank reconciliation which is correct?
A. Subtract outstanding checks from the company's balance.
B. Add deposits in-transit to the company's balance.
C. Add service charge to the company's balance.
D. Subtract NSF checks from the company's balance.
E. Subtract interest earned from the bank's balance.

Answers

When doing a bank reconciliation, the correct procedure is to D. Subtract NSF checks from the company's balance.

What is an NSF check?They stand for Not Sufficient Balance.They mean that the person who deposited the check did not have enough money in their account to honor the check.

As a result, the company would not get that money so this amount needs to be subtracted from the company account to show that the company never received this money.

In conclusion, option D is correct.

Find out more on bank reconciliation at https://brainly.com/question/15525383.

Helpmeeeeeeeeeeeeeee

Answers

Answer:

18. b : most economic decisions are made by buyer and sellers

19. b : federal income tax

Explanation:

which microbes is used to extract ethanol from fruit juice and sugar molasses · ​

Answers

Answer:

Yeast

Explanation:

A microbe (microorganism) is a microscopic organism which either exist in its single-celled form or as colony of cells. Example of microbes are bacteria, archaea, algae, protozoa.

Yeast is a microbe used in the extraction of ethanol from fruit juices and sugar molasses. Saccharomyces cerevisiae is a specie of yeast which reacts with fruit juices and sugar molasses in the absence of Oxygen to produce ethanol and carbon dioxide.

does the overcast amount in the debtors journal go into cost of sales or only debtors allowance?

Answers

I think it’s only debtors allowance

Choose a real or made up company, and describe at least three ways in which the company uses technology.

Answers

Answer:

Case of E Commerce Companies, & their technical processes.

Explanation:

Any company based on E commerce model, uses technology in its various phases of operation.

E Commerce refers to online buying & selling of goods. They use technology for website or app maintainence, for order placing, for payment, for delivery tracking & various other updates. Technology is also used for back end stock & orders management etc.

Many big online shopping companies (eg Amazon) use this model & its technical aspects.

Answer:

Dominos is a company that has many variable costs. Some examples include flour, cheese, and tomatoes.

Explanation:

Which factor can be a barrier to a person applying for a job as a cook at a fast-food restaurant?
A. being unable to handle shift at work
B. a high school diploma
C. plans to continue education
D. knowing only one language


NO LINKS!!!!!!!!!

Answers

the answer is d i think

4 components of marketing

Answers

Answer:

Place, price, product, and promotion are the four Ps of marketing.

Explanation:

Hope this helps!

Please mark me as Brainlineast.

What is advertising??

Answers

Answer:

the activity or profession of producing advertisements for commercial products or services.

Explanation:

Answer:

the activity or profession of producing advertisements for commercial products or services.

"movie audiences are receptive to advertising"

advertisements collectively.

"despite being instructed to take the signs down, he says he has no intention of removing the advertising"

Explanation:

dvertising is a means of communication with the users of a product or service. Advertisements are messages paid for by those who send them and are intended to inform or influence people who receive them, as defined by the Advertising Association of the UK.

what is 10+10 im having troubles help

Answers

Answer:

20

Explanation:

Simple

10 + 10 = 20

Answer:

20 lolbajahajwbwiqbqn

plz help!!
Which best describes why taxes and savings are considered leakage factors?

A) They take money out of households.
B) They take money out of the economic system.
C) They take money out of the economic sectors.
D) They take money out of the financial sector.

Thank you!! : )

Answers

Its b

Explain:
The reason it’s because the government collects taxes which are considered leakages

Answer:

my In.stagram I'd: unknown_22770

Explanation:

I hope you will msg me

A firm has issued $20 million in long-term bonds that now have 10 years remaining until maturity. The bonds carry an 8% annual coupon and are selling in the market for $877.10. The firm also has $45 million in market value of common stock. For cost of capital purposes, what portion of the firm is debt financed and what is the after-tax cost of debt, if the tax rate is 35%?

Answers

Answer:

6.5%

Explanation:

Market value of Bond = Par value*bonds outstanding*%age of par

= 1000*20000*0.8771

= $17,542,000

Market value of firm = Market value of Equity + Market value of Bond

= $45,000,000 + $17,542,000

= $62,542,000

Weight of debt = Market value of Bond / Market value of firm

Weight of debt = 17542000/62542000

Weight of debt = 0.2805

Yield to maturity = Rate(Nper, pmt, -Pv, fv)

Yield to maturity = Rate(10, 80, -877.1, 1000)

Yield to maturity = 0.10001541

Yield to maturity = 10.00%

After tax cost of debt = Cost of debt * (1-tax rate)

After tax cost of debt = 10.00%*(1-0.35)

After tax cost of debt = 10.00%*0.65

After tax cost of debt = 6.5%

What is a default font?

Answers

Calibri font
By default, Microsoft Office Excel 2010 uses the Body Font font in font size 11 (which is displayed as the Calibri font in font size 11 when you type data in a worksheet, header or footer, or text box). However, you can change the default font and font size for all new workbooks that you create.

A default font is the font that is automatically set by a program or device when no specific font is selected or specified. For example, many word processing programs will automatically set the default font to Times New Roman or Arial when a new document is opened. The default font can usually be changed in the program or device settings.

goodluck!

An internal request for supplies is called

Answers

Answer:

it's called a suquisition :)

The packaging and labeling of certain consumer goods are regulated by the

A. Securities and Exchange Commission.

B. Federal Trade Commission.

C. Department of Justice.

D. Department of Commerce.

Answers

Answer:

B. Federal Trade Commission.

Explanation:

The packaging and labeling of certain consumer goods are regulated by the "Federal Trade Commission."

Federal Trade Commission was created by the then President of the United States, Woodrow Wilson, in 1914. It is an independent agency responsible for labeling or marking all products, including marketing and environmental claims. It also functions by regulating and preventing anticompetitive business practices.

Hence, in this case, the correct answer is "Federal Trade Commission."

2. A closer estimate of the total cost can be made by including the estimated sales tax. Use a formula to
calculate the estimated cost for July 2014 using 7% sales tax. Then, write the formula you used and the
estimated cost in the cell below. Hint: Convert 7% into a decimal for the formula. (5 points)

Answers

Answer:

=([Cost] * 1.07)

Explanation:

The question has missing details.

The complete question is to calculate write a Microsoft Excel formula that calculates the total cost which includes the sales tax

Assume that the table heading for estimated cost in July 2014 is Cost

The formula to calculated the total cost which includes the sales tax is:

=([Cost] * 1.07)

The above uses structured reference to make reference to the cost in July 2014.

To calculate the total which includes sales tax, we use:

[tex]Total = Cost * (1 + Sales\ Tax)[/tex]

[tex]Total = Cost * (1 + 7\%)[/tex]

Convert percentage to decimal

[tex]Total = Cost * (1 + 0.07)[/tex]

[tex]Total = Cost * 1.07[/tex]

Hence, the Excel equivalent is:

=([Cost] * 1.07)

Answer:

=([Cost] * 1.07)

Explanation:

The complete question is to calculate write a Microsoft Excel formula that calculates the total cost which includes the sales tax

Assume that the table heading for estimated cost in July 2014 is Cost

The formula to calculated the total cost which includes the sales tax is:

=([Cost] * 1.07)

The above uses structured reference to make reference to the cost in July 2014.

To calculate the total which includes sales tax, we use:

Total = Cost x ( 1 + Sales Tax )

Total = Cost x ( 1 + 7% )

Convert percentage to decimal

Total = cost x ( 1 + 0.07 )

Total = Cost x 1.07

Hence, the Excel equivalent is:

=([Cost] * 1.07)

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What might be an advantage of using credit

Answers

it builds your credit
You can buy things immediately when you don’t have your own personal money, and pay it off later on.

Which of the main components of money management involves creating a plan for spending and saving during particular time periods, such as a year, month, or week?

A. financial records

B. personal financial statements

C. budgeting

D. filing taxes

Answers

Answer:

C. budgeting

Explanation:

The main components of money management that involve creating a plan for spending and saving during particular periods, such as a year, month, or week is known as BUDGETING

Budgeting is a part of the components of money management. It is an act of estimating the total expenses and income that deals with establishing a plan for spending and saving and usually gathered and regularly re-examine, including yearly, monthly, or weekly

What is your current role as a team member either at work, school, family, or sports? How will that role change in the future?
PLEASE ANSWER

Answers

Currently I am a family team member and over the summer I’m hoping to get a job at a local super market to start making money for myself


Which of the following accounts would normally have a credit balance and appear in the balance sheet?
A. Dividends.
B. Salary expense.
C. Revenue.
D. Uneamed revenue.
E. Accounts receivable.

Answers

B.salary expense !!!!!!!!!

The account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.

The following information is relevant:

The dividend contains the normal debit balance and the same is to be shown under the stockholder equity statement.The salary expense is to be shown under the income statement and contains a normal debit balance.The revenue is to be shown under the income statement & contains a normal credit balance.Unearned revenue is a liability account and contains a normal credit balance. Also, it is to be shown under the balance sheet.The account receivable is an asset account & it contains a normal debit balance. Also, it is to be shown under the balance sheet.

Therefore we can conclude that the account that contains a normal credit balance & the same appears in the balance sheet is unearned revenue.

Learn more about the balance sheet here: brainly.com/question/22988522

1. What is the purpose of using credit?



2. List several sources of consumer credit.




3. What types of information are asked for on a typical credit
Application?



4. How are store credit accounts different from bank credit card
Accounts?



5. How are credit cards different from charge cards?



6. How is a single payment similar to an installment loan? How is it
Different?




7. Give two examples of collateral that might be used to secure a loan.



8. What is the responsibility of a cosigner of a loan?



9. How is a line of credit different from other types of loans?





10. List several benefits of using credit.

Answers

Answer: To earn CREDIT

Explanation:

N Apple bought goods on credit from Pencil Point Ltd. What is the double entry to record this transaction in the accounting records of Pencil Point Ltd? a. Debit N Apple, Credit Sales b. Debit Sales , Credit N Apple c. Debit Purchases, Credit Pencil Point ltd d. Debit Pencil point Ltd, Credit Purchases.

Answers

Answer:

c. Debit Purchases, Credit Pencil Point ltd

Explanation:

The journal entry for purchasing the goods from the Pencil point ltd on credit is given below;

Since the goods are purchased so here purchase account is debited and we credited the pencil point ltd

So, the journal entry is

Purchase Dr XXXX

          To Pencil Point ltd XXXX

(Being goods purchased on credit)

The purchase is debited as it increased the assets and pencil point ltd is credited as it also increased the liability

What role does credit and debit play in spending strategies?

Answers

Answer:

Explanation:

Credit can help build or decrase your credit score which affects things in the future like getting a nice house or car. People with poor spending habits tend to have a low credit score making it harder to get loans too(since the bank wont trust you ). Debit is just  a fee you pay making it a bit easier since you dont have a credit score

i will give someone brainliest
98 points will be reworded

Answers

Answer:

I would be glad to help!

Explanation:

Do you have any specific question about this you're asking for?

Answer:

What is your question about?

Do you have an image or something of it?

Explanation:

If a school is offering a lot in financial aid, what else do you need to consider when trying to determine if a school is going to fit your budget?

Answers

If a school is offering a lot in financial aid, what else do you need to consider when trying to determine if a school is going to fit your budget is: Cost Of Attendance .

What is financial aid?

Financial aid can be defined as the financial assistant or grant render to student which can help to cover their tuition and other expenses.

On the other hand Cost Of Attendance can be defined as the overall expenses amount that you will have to incur.

This expenses include the following:

Loan feesTuition feeRoom and boardBooksTransportation etc

Therefore If a school is offering a lot in financial aid, what else do you need to consider when trying to determine if a school is going to fit your budget is: Cost Of Attendance .

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Answer:

If a school is offering a lot in financial aid, what else you need to consider when trying to determine if a school will fit your budget is the Cost Of Attendance.

If a school is offering a lot in financial aid, you need to consider the cost of attendance (COA) when determining if a school will fit your budget. Financial aid letters from institutes of higher education only include aid for one year. You must reapply for financial aid every year.

Can you really answer the question of whether an opportunity is real before developing a product concept?

Answers

Answer:

Yes

Explanation:

For example, it has been said that what prompted e-commerce on platforms such as Amazon, eBay, etc was a result of the opportunity their founders saw with the invention/adoption of the internet.

In other words, they saw a real opportunity (through the internet growth rate) and thus decided to develop a product concept. Hence, we could thus conclude with a yes to the question.

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