Answer:
A. $4,625
Explanation:
Items Amount
Sales $925,000
Uncollectible percentage <u> 0.50% </u>
Amount of Bad debts expense <u>$4,625 </u>
($925,000 * 0.50%)
Answer:
D. Extreme Value Retailers
Explanation:
I majored in Business
Answer: $820.63
Explanation:
First find the gross pay of the employee.
Hourly rate of $22. Hours worked = 45 hours. Overtime rates apply for anything over 40 hours so overtime hours are 5 hours.
Normal pay = 22 * 40 = $880
Overtime = 22 * 5 hours overtime * 1.5 time normal pay = $165
Total:
= 880 + 165
= $1,045
Net pay to employee:
= Gross pay - Federal income tax - Social security tax - Medicare tax
= 1,045 - 146 - (6% * 1,045) - (1.5% * 1,045)
= $820.63
Answer:
Economies of scale are only possible by increased in production or if I use far much better words then I would say increased production due to increased efficiency. The increased investment in human resource and capital must reflect increased production than normal which shows efficiency. In this case the company must produce more than double production to achieve economies of scale. This economies of scale would decrease the cost per unit of coffee which in nutshell decreases the selling price and decrease in the price will increase the demand for the product. Increased demand would increase the profits of the Coffee House and ensure long term success for the company.
Answer:
$200,000
Explanation:
This involves revenue recognition based on percentage of work completed (cost to completion technique). Revenue to be recognized per time is assessed based on the level of cost incurred compared with the total cost to be incurred.
Given that the total approved budget for the project is $600,000, If at the end of the first three weeks of work, $160,000 has been spent, and five miles of road have been completed for a a 15-mile road, the earned value of the project at the end of the first three weeks
= 5/15 * $600,000
= $200,000