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3 years ago

Prepare a journal entry for the purchase of office supplies on march 9 for $1,775, paying $275 cash and the remainder on account

1 answer:

6 0

On March 9 office supplies were purchased for a total of $1,775 out of which $275 was paid in cash at the time of purchase with the remainder of $1,500 being added to the account.

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Your friend is starting a company and wants to identify the job their product will do for people. What advice would you give the

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Answer:

they should make a google doc or slides and inform them with if

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3 years ago

Situation 1: There is a Head of Human Resource (HR) in a recognized Multinational National Company (MNC). You are a marketing ex

Phantasy [73]

Answer:

As a marketing executive of the company looking to beg an emergency leave from a HR person who is considered to be rudy, unfamiliar with me, 45+ age and also that the company is experiencing a lot of turnovers, the best way to approach the HR would be to:

1. Write an official letter to him making the intentions clear.

2. Politely ask him to consider your request even though you two are not very familiar with each other.

3. Stress the importance of the emergency and why you have to leave.

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3 years ago

Smart Stream Inc. uses the total cost method of applying the cost-plus approach to product pricing. The costs of producing and s

Amiraneli [1.4K]

Answer:

(a). Total variable Cost = $2,890,000

Total variable Cost Per Unit = $289

(b). Variable Cost Markup Percentage = 12.46%

(c). Selling Price Per Unit = $325

Explanation:

According to the scenario, computation of the given data are as follow:-

a). Total Fixed Cost = Selling and Administrative Expenses + Factory Overhead

= $140,000 + $350,000 = $490,000

Fixed Cost Per Unit = Total Fixed Cost ÷ Cost of Produced and Selling Units

= $490,000 ÷ 10,000 = $49

Total variable Cost Per Unit = Fixed Cost Per Unit + Variable Cost Per Unit

= $49 + $240 = $289

Total variable Cost = Cost of Produced and Selling Units × Total Cost Per Unit

= 10,000 × $289 = $2,890,000

b). Desired Profit = Invested Assets × 30%

= $1,200,000 × 30÷100 = $360,000

Variable Cost Markup Percentage = Desired Profit ÷ Total Cost

=$360,000 ÷ $2,890,000 = 0.1246 = 12.46%

c). Selling Price Per Unit = (1 + Variable Cost Markup Percentage) × Total Cost Per Unit

= (1 + 12.46%) × $289

= 1.1246 × $289

= $325

7 0

3 years ago

The inventory data for an item for November are: Nov. 1 Inventory 20 units at $19 4 Sale 10 units 10 Purchase 30 units at $20 17

kolezko [41]

Answer:

= $490

Explanation:

Under the First-in-First-Out ( FIFO ) method of inventory valuation, inventories are valued using the price of the earliest batch in stock until the batch is exhausted when the price of the next oldest batch is used and so on.

Date sale units Workings Value

10 10 × $19 190

20 (10 × $19)+( 10 × $20) 390

The cost o he merchandise = $190 + $390

= $490

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3 years ago

When identifying the sources of ineffective performance, managers often: a. ignore external conditions an employee faces. b. ign

AlekseyPX

Answer:

Correct option is D

When identifying the sources of ineffective performance, managers often attribute poor performance to a lack of ability of individual performers.

Explanation:

The principle explanation for this low capacity of a solitary individual is on the grounds that the activity doled out to them doesn't coordinate with their capacity.

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3 years ago