An electrical supply store bought copper wire with a list price of $26,200. The wholesaler extended a trade discount which made the net price $15,206. What is the trade discount rate to the nearest whole percent?
A) 32%
B) 58%
C) 42%
D) 49%
C
You might also like to view...
Maintaining a professional tone in communication is important for
A) Creating a pleasant image for your company. B) Keeping a customer's business. C) Motivating your team to ?nish a project. D) All of the above. E) A and B.
A company uses the following standard costs to produce a single unit of output. Direct materials6 pounds at $0.90 per pound=$5.40 Direct labor0.5 hour at $12.00 per hour=$6.00 Manufacturing overhead0.5 hour at $4.80 per hour=$2.40 During the latest month, the company purchased and used 58,000 pounds of direct materials at a price of $1.00 per pound to produce 10,000 units of output. Direct labor costs for the month totaled $56,350 based on 4,900 direct labor hours worked. Variable manufacturing overhead costs incurred totaled $15,000 and fixed manufacturing overhead incurred was $10,400. Based on this information, the direct materials quantity variance for the month was:
A. $1,800 favorable B. $1,800 unfavorable C. $1,000 favorable D. $5,800 unfavorable E. $5,800 favorable
A liability is incurred when income is earned because income tax expense is created by earning income.
Answer the following statement true (T) or false (F)
Sony laptops have a sticker on them which says ‘Intel inside’. This is an example of what?
a. corporate branding b. dual branding c. piggyback branding d. multibranding e co-branding