Answer:
a. Accounts Payable <em>Liability</em>
b. Cash <em>Asset</em>
c. Common Stock <em>Equity</em>
d. Accounts Receivable <em>Asset</em>
e. Rent Expense <em>Equity</em>
f. Service Revenue <em>Equity</em>
g. Office Supplies Asset
h. Dividends <em>Equity</em>
i. Land <em>Assets</em>
j. Salaries Expense <em>Equity</em>
Explanation:
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<em><u>Assets:</u></em>
The assets will be the property, plant and equipemnt owned by the company or the right or claim it has on third party to provide cash in favor of the company (accounts receivables) or services ( prepaid insurance)
<em><u>Liabilities:</u></em>
Will be debt or obligation to do taken from the company in exchange of soemthing
<em><u>Equity:</u></em>
The equity will represent the investment of the owner plus the accumualted earning thus, the revenus and income have impact on equity.
Total cost of 10000 snowboards
Per unit Total
Direct material 100 1000000
Direct Labor 30 300000
Variable overhead 45 450000
Fixed overhead 635000
Fixed selling and administrative costs 115000
Total cost of 10000 snowboards 2500000
Cost of one snowboard = Total cost of 10000 snowboards / Total number of snowboards
Cost of 1 snowboard $ 250
Thus, the cost of 1 snowboard = $ 250
Now, the selling price is set as = Total costs + 15 % on total costs
Selling price = $ 250 + (15 % × $ 250)
Selling price = $ 250 + $ 37.50
Selling price = $ 287.50 per snowboard
Answer:
Data
Explanation:
According to my research on customer relationship management, I can say that based on the information provided within the question things stored in a CRM system are part of the Data component. This is because it is data being stored in order for the system to be able to function correctly by accessing that data on command.
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