Answer:
The document a buyer issues to inform the seller of a debit made to the seller's account in the buyer's records.
Explanation:
A debit memorandum is a notice to a client that a debit change to their accounts has been made, decreasing the amount of the available funds. Bank transactions, incremental billing, or internal offsets are the three primary reasons for issuing a debit memo.
Therefore according to the given option, the correct option is fourth and the same is to be considered
Answer:
the full cost of the product per unit if the marketing costs is $3,000 is $7,025.
Explanation:
The cost of the special order will exclude the Fixed manufacturing support as these are common whether the order is accepted or not thus irrelevant. Remember to include the marketing costs as an additional cost.
Calculation of cost of the product :
Direct materials $1,825
Direct labor $900
Variable manufacturing support $1,300
marketing costs is $3,000
Total $7,025
Conclusion :
Thus, the full cost of the product per unit if the marketing costs is $3,000 is $7,025.
Answer:
(A) a power company needing solar panels
(B) a local fresh market a business working with trained animals
(C) a person buying large quantity of wheat
Explanation:
The Agriculture, Food, and Natural Resources career cluster. Gives a workpath that specializes in areas covering natural resources conservation and improvement. (See image attached.) Image taken from Nebraska University Career cluster description
Answer:
Bond Price = $875.6574005 rounded off to $875.66
Explanation:
To calculate the price of the bond today, we will use the formula for the price of the bond. We assume that the interest rate provided is stated in annual terms. As the bond is an annual bond, the coupon payment, number of periods and annual YTM will be,
Coupon Payment (C) = 1,000 * 0.05 = $50
Total periods (n) = 3
r or YTM = 0.10
The formula to calculate the price of the bonds today is attached.
Bond Price = 50 * [( 1 - (1+0.10)^-3) / 0.10] + 1000 / (1+0.10)^3
Bond Price = $875.6574005 rounded off to $875.66
Answer:
The correct answer is that the price of the product will decrease in order to meet the equilibrium
Explanation:
Equilibrium point is the point where the quantity supplied is equal to the quantity demanded. And the equilibrium price as well as the quantity is evaluated through the intersection of the demand the supply.
When the quantity which is supplied is greater or more than the quantity demanded, it will create a situation of surplus. And if the product price is decreased or lowered down, then the quantity demanded of the product will increase or rise until it reached to equilibrium. In short, the surplus drives the price down.
