Answer:
outsourcing
Explanation:
Outsourcing is the agreement between two companies where one company hired the other company for producing some specialized services it could be service agencies, agency partners, etc in order to save the cost and the time for a company
Since in the question the company hired an indian company for taking charge in the production area so this represent that the company is engaged in outsourcing
Answer:
$130,608
Explanation:
To calculate the cost of goods sold per the above information, we need to calculate first the portion of the trade discount on the goods purchased.
Trade discount = Goods purchased × 20% trade discount
= $181,400 × 20%
= $36,280
The next step is to calculate Sales and Gross profit
Sales = [$181,400 - $36,280] = $145,120
Gross profit = $145,120 × 10% = $14,512
Therefore,
Cost of goods sold = Sales - Gross profit
Cost of goods sold =$145,120 - $14,512
Cost of goods sold = $130,608
Hence, Oriole Co. would record $130,608 as cost of goods sold.
Answer:
increase; decrease.
Explanation:
Technology can be defined as a branch of knowledge which typically involves the process of applying, creating and managing practical or scientific knowledge to solve problems and improve human life. Technologies are applied to many fields in the world such as medicine, information technology, cybersecurity, engineering, environmental etc.
Generally, technology has impacted the world significantly and positively as it has helped to automate processes, increased efficiency and level of output with little or no human effort.
Assuming advances in computer technology led to a surge in the level of productivity by the workers working in a company. In the long run, output will increase and the price level will decrease.
Answer:
1.$25
2. Deluxe $13,000
Basic $5,500
Explanation:
1. Calculation to determine the company's cost of technical support per customer service call.
Using this formula
Cost of technical support per customer service call = Expected cost / Expected customer service call
Let plug in the formula
Cost of technical support per customer service call = $150,000 / 10,000
Cost of technical support per customer service call = $25 per customer service call
Therefore the company's cost of technical support per customer service call is $25 per customer service call
2. Calculation to Assign technical support costs to each model using activity based costing
Model Activity Rate (a) Cost driver quantity incurred (b) Allocated Cost (a*b)
Deluxe $25 *520calls = $13,000
Basic $25* 220 calls = $5,500
Therefore the technical support costs assign to each model using activity based costing (ABC) is:
Deluxe $13,000
Basic $5,500
The reconciliation balance for Bane Co. would be:
- Adjusted bank balance $1,380
- Adjusted cash balance $1,380
<h3>What is bank reconciliation?</h3>
Bank reconciliation statement summarizes banking and business activity, reconciling an entity's bank account with its financial records. Bank reconciliation process confirms that two separate records of transactions in an account are equal.
Bane Co. company
Bank Reconciliation for the month ended.
Ending balance on the bank statement $1,480
Add:
Deposit in transit of $200
Less:
Checks outstanding $300
Adjusted bank statement $1,380
Company's books
Ending balance per cash account $1,400
Less:
Service charge $20
Adjusted cash balance $1,380
Therefore,
Bane Co.'s bank statement are:
- Adjusted bank balance $1,380
- Adjusted cash balance $1,380
Learn more about bank reconciliation here : brainly.com/question/24865118
