If a competitive firm can make enough revenue to cover its variable costs, the firm will: choose to remain open.
Variable costs are costs that alternate as the amount of the coolest or carrier that a enterprise produces modifications. Variable charges are the sum of marginal fees over all gadgets produced.
They also can be taken into consideration normal charges. fixed prices and variable costs make up the two components of overall price.
Variable costs are costs that change as the quantity changes. Examples of variable costs are raw materials, piece-rate hard work, production substances, commissions, transport prices, packaging components, and credit score card prices. In some accounting statements, the Variable prices of production are referred to as the “fee of goods offered.”
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Answer and Explanation:
1. Journal Entries
July 15 Accounts Receivable $66,000
Sale Revenue $66,000
July 23 Cash $64,680
Sales discount 1320
Accounts Receivable 66,000
2. Journal Entries
July 15 Accounts Receivable $66,000
Sale Revenue $66,000
August 15 Cash $66,000
Accounts Receivable 66,000
Answer:
C. Employers are most interested in how a candidate will add value to the hiring organization.
Explanation:
Most Organizations are keen on knowing what value you are bringing to the company, there is no real consideration of the applicants dreams or career goals. As time goes by, it becomes really difficult to secure positions without reasonable years of experience because that way, the recruiting organization is in the know of your capability and how you contribute to their existing goals. Sadly, this is what applicants face in the world today so most newly graduates have to go on internships so as to widen their scope of real job tasks which also increases their chances of getting recruited.
Answer:
The correct answer is American Accounting Association (AAA).
Explanation:
The American Accounting Association (AAA) promotes excellence around the world in education, research and accounting practice. Founded in 1916 as the American Association of University Accounting Instructors, its current name was adopted in 1936. The Association is a voluntary organization of people interested in education and research in the field of accounting.
