Perfect fit company sells hand-sewn shirts for $40 per shirt. it incurs monthly fixed costs of $5,000. the contribution margin ratio is calculated to be 20%. what is the variable cost per shirt?

Which of the following is an example of a federal tax? A. Social Security tax B. Sales tax C. Property tax D. Transaction tax

How is the price elasticity of demand measured? The price elasticity of demand is measured as A. the percentage change in the quantity demandedquantity demanded divided by the percentage change in the quantity suppliedquantity supplied. B.

Which type of savings institution is owned and operated by the same people who have accounts in it

Becky owns a pet shop and wants to change the logo. this is an example of what?

Which of the following will be the same amount regardless of the cost flow assumption adopted? a. ending merchandise inventoryb. number of items orderedc. cost of goods soldd. gross profit

J. Morgan and M. Halsted are partners who share income and loss in a 3:1 ratio. After several unprofitable periods, the two partners decided to liquidate their partnership.

Which of the following accounts will not be closed to the capital account at the end of the year? a. Insurance Expense b. Fees Earned c. Utilities Expense d. Prepaid Insurance

Ginny spends all of her money on comic books and mandarins. In 2014, she earned $27.00 per hour, the price of a comic book was $9.00, and the price of a mandarin was $3.00. Which of the following give the nominal value of a variable?

Banner Publications was organized early in 2012 with authorization to issue 10,000 shares of $100 par value preferred stock and 1 million shares of $1 par value common stock.

Suppose the government institutes an effective price ceiling in the market for oranges. what can we expect to happen to the total surplus in the orange market?