Answer:
journal entry for every date be below
Explanation:
solution
journal entry for every date is here
date particular Debit credit
June 5 Purchase Inventory ( 210× $21 ) $4410
to cash/bank $4410
( 210 inventory purchased at $21 each)
June 9 cash/bank A/c ( 30 × $21 ) $630
Purchases Returns (Inventory ) A/c $630
( 30 inventory return )
June 16 cash/bank A/c 210 -30 × ($37 ) $6660
Cost of good sold 210 -30 × ($21 ) $3780
sales A/c 210 -30 × ($37 ) $6660
inventory A/c 210 -30 × ($21 ) $3780
remaining inventory sold at $37
Answer:(a) The correct answer is (D) All of the above
b) : The correct answer is option (B). (c) : The correct answer is option (A). (d) : The correct answer is option (B) (e) : The correct answer is option (C)
Explanation:
Cost Estimating Relationship or “CER” means a mathematical expression of varying degrees of complexity expressing cost as a function of one or more variables.
The relationship may utilize cost-to-cost variables, such as quality assurance hours to manufacturing hours, cost-to-non-cost variables, such as engineering hours to the number of engineering drawings, or non-cost to non-cost, such as pounds of thrust to weight.
Variables can be referred to as, numerator and denominator, dependent and independent, or pool and base.
Answer:
<h2>
a. Traditional Cost</h2>
Product 540X
= Revenue - Cost
= 200,000 - 53,000
=$147,000
Product 137Y
= 162,000 - 48,000
= $114,000
Product 249S
= 92,000 - 25,000
= $67,000
<h2>
B. ABC Costing</h2>
Product 540X
= Revenue - Cost
= 200,000 - 47,100
=$152,900
Product 137Y
= 162,000 - 29,000
= $133,000
Product 249S
= 92,000 - 49,900
= $42,100
c.
Difference in Income for 540X
= 4.01%
Difference in Income for 137Y
= 16.67%
Difference in Income for 249S
= -37.16%
Answer:
Management skills is the answer
<span>When an activity threatens to harm the environment or society, policy
makers should consider implementing precautionary measures. Precautionary
measures should be taken even if some cause and effect relationships are not fully
established scientifically to ensure safety to an environment or society.</span>
