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H55 Company sells two products, beer and wine. Beer has a 10 percent profit margin and wine has a 12 percent profit margin. Beer has a 27 percent contribution margin and wine has a 25 percent contribution margin. If other factors are equal, which product should H55 push to customers? A. Beer B. Wine C. Selling either results in the same additional income for the company D. It should sell an equal quantity of both
Weegy: D. It should sell an equal quantity of both User: Sam's Used Cars uses the specific identification method of costing inventory. During March, Sam purchased three cars for $6,000, $7,500, and $9,750, respectively. During March, two cars are sold for $9,000 each. Sam determines that at March 31, the $9,750 car is still on hand. What is Sam’s gross profit for March? Weegy: D. $4,500 is Sam?s gross profit for March User: Balance sheet accounts are considered to be __________. User: These are selected account balances on December 31, 2008. Land (location of the corporation's office building) $150,000 Land (held for future use) 225,000 Corporate Office Building 900,000 Inventory 300,000 Equipment 675,000 Office Furniture 150,000 Accumulated Depreciation 450,000 What is the net amount of property, plant, and equipment that will appear on the balance sheet? Weegy: C. $2,400,000 User: The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $58,000 $48,000 $34,000 $44,000 To enter the net income (or loss) for the period into the above worksheet requires an entry to the __________ Weegy: C. income statement credit column and the balance sheet debit column User: The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $58,000 $48,000 $34,000 $44,000 Weegy: C. income statement credit column and the balance sheet debit column User: The income statement and balance sheet columns of Pine Company's worksheet reflects the following totals: Income Statement Balance Sheet Dr. Cr. Dr. Cr. Totals $58,000 $48,000 $34,000 $44,000 The net income (or loss) for the period is __________. Weegy: C. income statement credit column and the balance sheet debit column User: Income Statement Balance ... (More)
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Expert Answered
Asked 4/1/2013 8:06:43 PM
0 Answers/Comments
The part of the balance of payments account that records the amount of foreign currency the government buys or sells is the: A. government financial account. B. financial and capital account. C. current account. D. balance of trade.
Weegy: financial and capital account.- is the part of the balance of payments account that records the amount of foreign currency the government buys or sells. (More)
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Expert Answered
Asked 4/1/2013 8:35:10 PM
0 Answers/Comments
One study found that manufacturing labor costs about _____ an hour in China, compared to _____ dollars in the United States. B. Canada C. Mexico D. Japan
Weegy: One study found that manufacturing labor costs about Less than $1 an hour in China,compared to about 25 dollars in the United States. (More)
Question
Expert Answered
Updated 7/21/2013 4:22:39 PM
1 Answer/Comment
One study found that manufacturing labor costs about 3 percent of the average hourly compensation or Less than $1 an hour in China, compared to $22.87 or about 25 dollars in the United States.
Added 7/21/2013 4:22:39 PM
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