Answer:
Dr accounts receivable $ 1,280.50
Cr tuition fees earned $ 1,280.50
Explanation:
At the end of October, WTI would have taught the class for half a month, hence the commensurate tuition fees earned should be recognized by debiting accounts receivable as an asset while tuition fees earned is credited accordingly.
Half of the month tuition fees=$2,561*1/2=$1,280.50
The $ 1,280.50 tuition fees earned for half of October is debited to accounts receivable and recognized as revenue earned by crediting tuition fees earned
Answer:
the net operating income is 4.560
Explanation:
Net operating income is a calculation of revenues less cost, minus all reasonably necessary operating expenses. Having said that we can determine that the fixed expenses are included in the necessary operanting expenses unless they include depreciations and amortization. Since the text doesn’t refer to the fixed expenses as depreciations or amortization the calculation is this:
Calculate the cost if the contribution margin is 12%
Cost is equal to = (Revenue*(1-contribution ratio))= (738.000*(1-0.12))= 649.440
Then calculate the net operating income
Net operating income = (Revenue – Cost-operating expenses) = (738.000-649.440-84.000) = 4.560
Answer:
5.91 pounds of trash a day
Explanation:
yes
The answer to this question is <span>increased taxes on farmers who lived outside of Italy
Larger government will always result in larger government spending (which will led into a higher amount of tax that must be paid). Since roman do not want its people to turn on them due to the increase in tax, Roman government decided to take it from the people outside their empire.
</span>
Total materials variances = 1,221
Unfavorable price variance = 2,673
Unfavorable quantity variance = 1,452
Favorable total materials variance = 2,673
