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3 years ago

A company that is most motivated to make money has a

1 answer:

6 0

<span>A company that is most motivated to make money has a letter D: profit motive. Profit motive is an economics term relating to an organization (specifically business) expected to earn more profit than the expenses they have given. This type of organization differs from nonprofit because NGOs are more on accomplishing their advocacy without expecting profits in return.</span>

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a company produces a single product. variable production costs are $14.00 per unit and variable selling and administrative expen

My name is Ann [436]

The value of the ending inventory under variable costing is calculated to be $19,600.

To determine the value of the ending inventory under variable costing we first find out the units in the ending inventory as follows;

Units in ending inventory = Units in beginning inventory + Produced units − Sold units

Units in ending inventory = 0 + 6000 - 4600

Units in ending inventory = 1400

Now the value of the ending inventory under variable costing can be determined by multiplying units in the ending inventory by the variable production cost as follows;

Value of Ending inventory = Unit in ending inventory × Variable production cost

Value of Ending inventory = 1400 × 14

Value of Ending inventory = $19,600

Hence, the value of the ending inventory would be $19,600 under variable costing.

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5 0

1 year ago

Andrew wants to purchase a new computer and go to the caribbean for spring break. the computer is priced at 1299, and the vacati

Mamont248 [21]

Andrew writes a check for $1,299 which is the medium of exchange.

What is the way of transaction ?

A sale is a completed agreement between a buyer and a dealer to change goods, services, or fiscal means in return for plutocrats.
The term is also generally used in commercial accounts. As a business secretary, this plain description can get tricky.
A sale may be recorded by a company before or later depending on whether it uses an addendum account or cash account.

Here,

Andrew can easily determine that the price of the computer is more than the price of the vacation = Unit of Account

Andrew has $1,574 in his checking account

= Store of value

Andrew writes a check for $1,299

= Medium of exchange

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3 0

1 year ago

Prior to the write off of a $500 customer account, Athena Company had the following account balances: Accounts receivable $19,60

Effectus [21]

Answer:

Net accounts receivable Before $18,600 and After $18,600

Explanation:

solution

we know that here

net accounts receivable before write-off

Accounts Receivable = $19,600

and Allowance for doubtful debt = $1,000

so Net accounts receivable = $19,600 - $1,000 = $18,600

Journal Entry for write off is here

Allowance for doubtful Accounts = $500

Accounts Receivable = $500

and

Net accounts receivable after write off is

Accounts Receivable= $19,100

and

Allowance for doubtful debt= $500

so Net accounts receivable = $19,100 - $500

Net accounts receivable = 8,600

so Net accounts receivable Before $18,600 and After $18,600

6 0

3 years ago

Richard has $652 in his account and is planning a road trip. He looks at how expensive hotels and sightseeing costs are in certa

Cloud [144]

Answer:

The answer is: Detroit $196.87

Explanation:

We first must add the cost of visiting the five cities:

Detroit $196.87

Pittsburgh $180.32

St. Paul $102.87

Cincinnati $155.81

<u>Richmond $211.86 </u>

Total cost $847.73

Then we find what is the difference between the total cost and the road trip budget: $847.73 - $652 = $195.73

The cheapest city that Richard can drop is Detroit, by doing so his total expenses will be $650.86, which is below his budget.

4 0

2 years ago

Read 2 more answers

uppose that Jack and Sophia and Hal enter into an agreement for the sale of the business without the non-competition agreement.

VladimirAG [237]

Jack up truck bought it to the safe do what you want

3 0

3 years ago