Answer:
$559,000
Explanation:
Data provided as per the question below:-
Sales = $915,000
Variable cost of goods sold = $253,000
Fixed cost of goods sold = $103,000
The computation of gross margin is shown below:-
Gross Margin = Sales - Variable cost of goods sold - Fixed cost of goods sold
= $915,000 - $253,000 - $103,000
= $915,000 - $356,000
= $559,000
Answer:
The correct option: Debit Unearned Legal Fees and credit Legal Fees Earned
Explanation:
An UNEARNED FEES can be defined as the amount of money a company or an organization receives from their customer in advance for the services the company or the organization has not yet rendered which is why unearned fees is often recorded as a liability in the balance sheet until when the service has been rendered by the company to the customer before it will be reported as asset in the balance sheet while LEGAL FEES EARNED on the other hand is in form of an income statement account that help to show and report the amount of money or revenue amount that was been earned for service rendered to the customer.
The best option is to c<span>all the bank and stop the automatic payment.</span> Calling the company that holds the car loan and requesting for a repayment is the best way for it to get its money back. It will allow Angela to make a good effort to repay what she can and negotiate that can be acceptable to both sides.
Answer:
The correct answer is: Decoupling.
Explanation:
Great Decoupling was a process detected in the 80s according to which employment growth, GDP growth per capita, and the percentage of families with average disposable income began to lag behind in relation to economic and productivity growth .
The worst thing is that this phenomenon has increased with the financial crisis that began in 2008 and appears today, apparently from the beginning of this century, as a structural change in the economies of developed countries.
Improving the rate of productivity of resources faster than the rate of economic growth is the idea behind the concept of "decoupling." That objective, however, requires an urgent rethinking of the links between the use of resources and economic prosperity, backed by a massive investment in technological, financial and social innovation, until at least freezing the level of per capita consumption in countries rich and help developing nations to follow a more sustainable route.
Answer:
1.267 = Overhead Rate
Explanation:
<em>As general approach,</em> the manufacturing rate, along with any rate is done by dividing the cost by a cost driver.
In this case teh cost is the manufacturing overhead and the cost driver the direct materials cost:
<em>Using Direct Materials cost, the rate would be:</em>