Answer:
Option (b) is correct.
Explanation:
Given that
Amount of merchandise purchased = $5,800
Credit terms = 2/10 and n/10
Using a perpetual system and gross method,
Therefore, the Journal entry is as follows:
On May 1,
Merchandise inventory A/c Dr. $5,800
To accounts payable $5,800
(To record the purchase of merchandise on account at May 1)
Answer:
d. $1,080,000
Explanation:
Contribution per unit = Selling price per unit - Variable cost per unit
Contribution per unit = Selling price per unit - ( Direct Materials + Direct Labor + Variable Manufacturing Overhead + Variable Selling )
Contribution per unit = $160 - ($22 + $15+ $12 + $3)
Contribution per unit = $160 - $52
Contribution per unit = $108 per unit
Contribution margin for the next year = $108 per unit * 10,000
Contribution margin for the next year = $1,080,000
Answer:
Your new boss does not share your religious views
Explanation:
the second one
Answer:
Group think is encouraged among team members.
Explanation:
Effective teams -
It is the part of an organisation or the company , that effectively work together in order to achieve a specific goal or to improve the quality of any topic for the company .
In an effective team , each and every member have the right to speak about his opinion for the betterment .
There is a lot of unity among the member to work and accomplish for the company .
Answer:
c. gives the same answer regardless of the direction of change.
Explanation:
The midpoint method helps to calculate elasticity using the average percent change in quantity and price and its advantage is that it gives the same elasticity between two points no matter if price increases or decreases.
