Strategy Telecom (ST) made one of the largest single purchase of long-distance telephone time in ST purchased 24 million minutes. If ST paid 5 sen per minute, calculate the cost they pay for the purchase.
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- Strategy Telecom (ST) made one of the largest single purchase of long-distance telephone time in ST purchased 24 million minutes. If ST paid 5 sen per minute, calculate the cost they pay for the purchase.
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- Rotelco is one of the largest digital wireless service providers in the United States in a recent year it had approximately 100 direct subscribers that generated revenue of $40,400 cost and expenses for the fyear our cost of revenue $17,400 selling general and administrative expenses $12,500 depreciation $4400 assume that 70% of the cost of revenue and 25% of the selling general and administrative expenses are variable to the number of direct subscribers what is rotelle Kos break even number of accounts using the data and assumptions above question B how much revenue per accountWould be sufficient for rotelle code to break even if the number of accounts remained constantThe Cellphone Company buys iPhones at PhP24,000. Expenses are set at 15% of the selling price and the required profit is set at 20% of the selling price. During a weekend sale, the iPhone is sold at 10% discount. A. What is the regular selling price of the iPhone? B. What is the sale price of the iPhone? C. How much did The Cellphone Company gain or lose when the iPhone was sold during the weekend sale? Pls. Show all the solutionsAble Transport operates a tour bus that they lease with terms that involve a fixed fee each month plus a charge for each mile driven. Able Transport drove the bus 7,000 miles and paid a total of $1,360 in June. In October. Able Transport paid $1,280 for the 5,000 miles driven. If Able Transport uses the high-low method to analyze costs, how much would Able Transport pay in December, if they drove 6,000 miles?
- Appliance Store realizes a mark-up of PhP3,450 in selling TV sets. If its items are sold at a mark-up of 40% of the selling price, D. If overhead expenses are at 27% of the cost, what is the break-even price of the TV set? E. If the TV set is sold at PhP7,500, how much profit or loss is incurred by Appliance Store? pls. show all the solutionsA discount store purchased mobile phones at a cost of P28,800 per dozen. If they need 20% of cost to cover operating expenses and 15% of cost for the net profit, what is (a) the selling price per phone and (b) the percent of markup on selling price?Rotomola Inc. sells 50 tablet devices for € 200 each (total: € 10,000). Customers can return undamaged devices within 30 days for a full cash refund. The cost of each device is € 150. Based on its experience, Rotomola estimates that 3 tablets will be returned (“most likely approach”). What journal entries should Rotomola record on transfer of the products?
- A high-definition TV costs a company $3,100 to manufacture, If it sells for $6,742, what is the percent markup based on costA company that sells radios has yearly fixed costs of $600,000. It costs the company $45 to produce each radio. Each radio will sell for $65. The company’s costs and revenue are modeled by the functions (see attached), where x represents the number of radios produced and sold. Then find and interpret (R - C)(20,000), (R - C)(30,000), and(R - C)(40,000).A start-up company has the following expenses: Rent = $1,100 Utilities = $265 Material and assembly = $12.65/unit Monthly labor = $625 If its product sells for $29.99/unit, how many units must it sell to break even?
- Smart Phones. Inc. buys one model of smartphone, paying $2370 per case of 20 phones. Find the asking price for each assuming a 40% markup on costA local electronic repair shop uses 15,000 units of mobile batteries each year. It costs RO 30 to place and receive an order. It cost of material is RO 15 per unit and carrying cost is 24% of the cost per unit. Calculate the Economic Order Quantity for the shop, number of orders and total inventory costs. 2. Beta Merchandising Company purchases mobiles directly from manufacturers and sells it to small retailers. The following transactions occurred during 2020: March, 21st: 80 mobiles on hand @ RO 40 each. May, 14th: 120 mobiles purchased @ RO 50 each. July, 10th: 80 mobiles purchased @ RO 60 each. September 16th: 50 mobiles purchased @ 80 each Alpha merchandising sold 300 mobiles during 2020 Required: Compute the Cost of Inventory sold during 2020 and the value of closing inventory under the following cost inventory methods. (a). First in, first out (FIFO) (b). Last in, first out (LIFO) (c) Average cost methodA local electronic repair shop uses 15,000 units of mobile batteries each year. It costs RO 30 to place and receive an order. It cost of material is RO 15 per unit and carrying cost is 24% of the cost per unit. Calculate the Economic Order Quantity for the shop, number of orders and total inventory costs.