Answer:
Begining Cash 40,000
receipts from sales 255,000
payment to supplies (104,500)
payment of wages (40,000)
other cash expenses<u> (60,000) </u>
Ending Cash 90,500
Explanation:
raw materials disbursment for the month of september
80,000 x 35% = 28,000 for August purchases
110,000 x 65% = <u> 71,500 </u>for September purchases
Total payment 104,500
the depreciation and accrued expenses along with the interest payable (which are also a accrued expense) will not be included as they don't represent neither a cash inflow nor outflow.
Answer:
focus group
Explanation:
A focus group refers to a reearch method in which companies invite a group of people that is part of a target market to have a discussion about a specific product, service, topic to analyze their reactions and collect information to make decisions. According to this, the answer is that in a(n) focus group, an intensive research technique, a company invites six or more people typical of the target market to a session to discuss the product, the service, or the marketing situation.
The correct answer is true.
It is completely true that most codes of ethics created by professional organizations have two main parts. One part outlines what the professional organization aspires to become, and the other part lists rules and principles by which members of the organization are expected to abide.
The code of ethics is an obligated set of ethic statements that serves one purpose in the Organization: that every member of the company follows the code directions and applies moral values in every decision-making process to have an honest company that maintains its reputation in the business and that public opinion can never question its procedures and decisions.
Answer:
$81,000
Explanation:
The computation of the incremental profit (loss) from accepting the order is shown below:
Contribution per unit = $165 - $75
= $90
Now
Loss on contribution for giving up regular sales is
= $4,100 × 90
= $369,000
Now Incremental contribution for special order is
= ($135 - $75) × 7,500
= $450,000
So,
Incremental profit is
= $450,000 - $369,000
= $81,000
Answer:
b. $588
Explanation:
Terms 2/10, n/30 means that 2% discount for the payment within 10 days and the full amount to be paid within 30 days.
When Larson Company sold merchandise, the following entry was made to recording revenue (sales) and the receivable:
Debit Receivable Account $1,000
Credit Revenue $1,000
On July 20 Stuart Co. returns merchandise, the entry is made to record the decreasing of Receivable Account:
Debit Revenue $400
Credit Receivable Account $400
The balance Receivable Account of Stuart Co. = $1000-$400 = $600
On July 24, Stuart Co. makes the payment, the sales discount was:
$600 x 2% = $12
The amount of cash received = $600-$12=$588
The following entry is made:
Debit Cash: $588
Debit Sales discount: $12
Credit Receivable Account $600
