A Business Consultant Is Analyzing the Cost Structure of Two

question 249

Short Answer

A business consultant is analyzing the cost structure of two firms in the same retail business. On sales of $3.66 million, Thrifty's had wholesale costs of $2.15 million and overhead expenses of $1.13 million. If Economart had the same proportionate costs on its sales of $5.03 million, what would its wholesale costs and overhead expenses have been?

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Definitions:

Kernel

The essential component of the operating system that’s responsible for managing the processor and all other components of the computer system. Because it stays in random access memory (RAM) the entire time the computer is powered on, the kernel is called memory resident.

Operating System

The software that manages all the hardware and other software on a computer, acting as an intermediary between users and the computer hardware.

Functionality

The set of actions or operations that something is designed or able to perform.

Process

A series of actions or steps taken in order to achieve a particular end, especially in the context of computing or manufacturing.