Harold Corporation has an existing contract to sell 200 units of product to a customer at $10 each. After the delivery of 150 un
its, the customer wants to extend the contract for an additional 100 units. The price quoted for these additional units is $9.50 each (standalone price) and they can be identified separately. The revenue recorded by Harold for the delivery of the next 15 units of product to this customer is: A. $150.00
B. $145.00
C. $142.50
D. $147.50
Revenue is to be measured and recognized at the prevailing contract price agreed by the parties involved.
A contract gives rise to an agreement between two or more parties for which at least one party has an obligation to be fulfilled to another in a bid to earn revenue. This fee is known as the transaction price.
AS such, the additional units will be supplied at the price quote of $9.50 each. If 15 items are delivered,
A)favors the use of a large number of small local projects
Explanation:
Kaizen approach can be regarded as an approach that enables continuous improvement as a result of the idea which focus that a small as well as a continuous positive changes can give rise to tangible improvements. This approach focus on commitment as well as cooperation. It should be noted that The Kaizen approach to change favors the use of a large number of small local projects.
The answer is whatever eye color your eyes because you are driving the bus. in my case, the asnwer is brown.
how about this one: a bus driver was heading down the street. He turned left at a no-left turn sign and went the wrong way down a one-way street. even though he passed right by a police officer, the police officer didn't arrest him. Why?
A: The bus driver was walking. I never said that he was driving.
The LIFO means Last In First Out this means that item that have been stocked today would be sold first although there’s still some inventory from previous periods.
Using LIFO would result in lower ending inventory because closing inventory would be valued at low price which they had been bought assuming that there’s now a hick in price and goods in the warehouse were stocked when prices were low.
