Answer:
tacit cooperation is the correct answer.
Explanation:
Answer:
Profit= $106,682.52
Explanation:
Giving the following information:
Unitary Variable costs:
Direct material= 3,200
Direct labor= $2,300 ($15 per hour)= 153.33 hours
Manufacturing overhead is applied at $18 per direct labor hour.
Units sold= 42
Selling price= $10,800
Profit= Total sales - total variable cost
Profit= 42*10,800 - (3,200 + 2300 + 18*153.33)*42= $106,682.52
Answer:
General Journal Debit Credit
1 Cash 2600
Unearned revenue 2600
(To record gift cards sold)
2 Unearned revenue 832
Sales tax payable 32
Sales revenue 800
(To record gift cards redeemed)
Aside from low cost strategy, there are more other methods
that will help business in differentiating their products.
<span>·
</span>Exploring new markets – This where the market
concentrates on their fellow contenders.
<span>·
</span>Partnership with other firms – It is a way of
teaming up with other organizations which will be of benefit for the products
that is being sold by the company.
<span>·
</span>Innovation – It is a way of asking higher price
compared to other companies when new features of the product is being added as
consumers will most likely want to buy something new and fresh.
<span>·
</span>Propose amplified provision – Different services
are being applied for the sake of consumers so that more consumers will be
attracted to the product.
Answer:
$33,000
Explanation:
The computation of the amount realized by X corporation is given below:
= Fair market value to the exchange + cash received
= $25,000 + $8,000
= $33,000
For determining the amount realized by X corporation we simply added the above two items so that the correct amount could come
