Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Answer: 10-20%
Explanation: A contingency factor is anything you can't predict accurately or forecast in the future. In order to cover currency fluctuations when services are done in local currency, contingency cost of 10-20% over basic cost estimate is advisable.
Answer:
Explanation:
The adjusted journal entry is shown below:
Unearned rent revenue A/c Dr
To Rent revenue A/c
(Being the adjusted entry of rent is recorded)
The computation of the rent revenue is shown below:
= Received amount × number of months ÷ (total number of months in a year)
= $32,400 × (5 months ÷ 12 months)
= $13,500
The 5 months is calculated from August 1 to December 31
Answer:
Total Variable Cost, Variable Cost Per Unit
Explanation:
- The increase of the activity is associated with the increase of the total variable costs and costs per the unit and is the sum of the variable cots of each individual product developed and is obtained by multiplying one unit of the variable cost to the products.
Answer:
Green Frog would be conducting an internal analysis
Explanation:
An internal analysis is an exploration of your organization’s competency, cost position and competitive viability in the marketplace. Conducting an internal analysis often incorporates measures that provide useful information about your organization’s strengths, weakness, opportunities and threats – a SWOT analysis.
The analysis to understand which resources and capabilities are likely to be sources of competitive advantage and which are less likely to sources of such advantage by Green frog is an Internal analysis which is focusing on its Strength and weakness of its firm.