Fanelli Corporation, a merchandising company, reported the following results for July: Number of units sold 6,800 Selling price per unit $ 610 Unit cost of goods sold $ 420 Variable selling expense per unit $ 64 Total fixed selling expense $ 126,300 Variable administrative expense per unit $ 32 Total fixed administrative expense $ 208,200 Cost of goods sold is a variable cost in this company. Required: a. Prepare a traditional format income statement for July. b. Prepare a contribution format income statement for July.

Capital financial corporation will lend 90 percent against account balances that have averaged 30 days or less; 80 percent for account balances between 31 and 40 days; and 70 percent for account balances between 41 and 45 days. customers that take over 45 days to pay their bills are not considered acceptable accounts for a loan. the current prime rate is 16.50 percent, and capital charges 3.50 percent over prime to charming as its annual loan rate. a. determine the maximum loan for which charming paper company could qualify.

One of the benefits of a well designed ergonomic work environment is low operating costs is true or false

Noah met an old friend at a coffee shop. he jotted down the friend's new phone number, but later that afternoon he could not find it or remember what he had done with it. a couple of days later, noah went back to the coffee shop, and while waiting in line, he suddenly remembered where he had put the phone number. this is an example of: