Answer:
a: leasing the MOW van
- direct cost to Meals-On-Wheels program
- indirect cost to particular seniors served by the program
- fixed cost with respect to the number of seniors served
b: incidental supplies such as salt, pepper, napkins, and so on
- direct cost to Meals-On-Wheels program
- direct cost to particular seniors served by the program
- variable cost with respect to the number of seniors served
c: gasoline consumed by the MOW van
- direct cost to Meals-On-Wheels program
- indirect cost to particular seniors served by the program
- variable cost with respect to the number of seniors served
d: rent on the facility that houses Care Center, including the MOW
- indirect cost to Meals-On-Wheels program
- indirect cost to particular seniors served by the program
- fixed cost with respect to the number of seniors served
*there is no e
f: salary of the part-time manager of the MOW
- direct cost to Meals-On-Wheels program
- indirect cost to particular seniors served by the program
- fixed cost with respect to the number of seniors served
g: depreciation on the kitchen equipment used in the MOW
- direct cost to Meals-On-Wheels program
- indirect cost to particular seniors served by the program
- fixed cost with respect to the number of seniors served
h: hourly wages of the caregiver who drives the van and delivers the meals
- direct cost to Meals-On-Wheels program
- indirect cost to particular seniors served by the program
- variable cost with respect to the number of seniors served
i: complying with H&S regulations in the kitchen
- direct cost to Meals-On-Wheels program
- indirect cost to particular seniors served by the program
- fixed cost with respect to the number of seniors served
extra: mailing letters soliciting donations to the MOW
- direct cost to Meals-On-Wheels program
- indirect cost to particular seniors served by the program
- fixed cost with respect to the number of seniors served
Answer:
The answer is it must be highly possible to be sold.
Explanation:
For a non current asset to be classified as held-for-sale, the following must be satisfied:
1. The asset must be available for immediate sale in its present state(condition) and location.
2. The asset's sale is expected to be completed within a year(12 months) as 'held for sale'
3. The sale of the asset must be highly probable(through management's commitment to the sale of the asset and the existence of active marketing for the asset)
As a general rule, the underground economy in a country will be bigger when the red tape is oppressive.
Oppressive means to have hardship or constraint on a specific group.
The Red Tape meaning is to have excessive rules and regulations in businesses.
Answer:
Cash 20,200 debit
Sales revenue 20,200
COGS 15,500
Finished Goods Invenotry 15,500
Explanation:
The revenue will be recognize by the amount billed to the customer. It is paying on cash, so our cash increases. We record that by debiting cash.
And we credit the sales revenue to increase our revenue.
Then we recognize the cost of goods sold, which are 15,500
This decrease our finished goods inventory by this ammount. Also, we post the expense for the cost of the goods sold.