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denpristay [2]
4 years ago
12

Regardless of which order you created your sales views for rocker (wholesale first and direct second, or vice versa), when creat

ing the second set of sales views for rocker, you should have noticed that you were not required to enter as much data as when creating the first set of sales views. this is because data from the first set of views were used to populate certain fields for the second set of views. in fact, only step #5 needed to be performed on the screen above before proceeding to the next sales view.
Business
1 answer:
anygoal [31]4 years ago
5 0
I need a answer to!!!!
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Production and sales estimates for April for Crane Co. are as follows: Estimated inventory (units), April 1 19,000 Desired inven
melisa1 [442]

Answer:

a. 11,000 units

Explanation:

Particulars                                                               Amount

Expected Sales (units)                                            12,000 [3000+4750+4250]

Add: Ending inventory                                          18,000

Less; Beginning inventory                                      <u>19,000</u>

Number of units expected to be manufactured <u>11,000 </u>

5 0
3 years ago
In order to be the basis for a firm's superior performance, a bundle of resources must be valuable, rare, and imitable.
frozen [14]

Answer:

The statement is: False.

Explanation:

A bundle of resources has three characteristics: valuable (<em>the resource helps the company to pursue its objectives and is priceless for consumers</em>), rare (<em>limited competition</em>), and inimitable (<em>resource is not easy to reproduce by the firm's closest competitors or imitating it is expensive</em>).

Being<em> imitable </em>is the opposite of what a bundle of resources should be.

7 0
4 years ago
McGregor Company allows customers to pay with credit cards. The credit card company charges McGregor 3% of the sale. When a cust
Liono4ka [1.6K]

Answer:

C. Debit Service Fee Expense for $6

Explanation:

McGregor only uses the services of the Credit Card company for their own activities, therefore, aside from the income of the service provided of $200, the credit card company will charge McGregor for the use of credit card services by the customer.

As such, since it is the decision of the customer to pay with a credit card, then the customer must bear the service fee expense of 3% of the cost of the service which is $6. Hence, Option C is correct. It means aside the $200 for the service, there is a need to debit service fee expense for $6

Option D is wrong because only $200 is service revenue, it has to be clearly stated that the 3% of $6 is different from the service revenue and should be debited as service fee.

If the customer is reluctant to make the payment, then there is an allowance to pay cash instead of using the credit card service.

5 0
3 years ago
In January 2019, Rankine Company paid $8,500,000 for land and a building. An appraisal estimated that the land had a fair value
White raven [17]

Answer:

$200,000

$400,000

$373,333

$454,493

Explanation:

Land is not depreciated. Only the building would be depreciated

Straight line depreciation expense = (Cost of asset - Salvage value) / useful life

$6,000,000 / 30 = $200,000

Depreciation expense using the double declining method = Depreciation factor x cost of the asset

Depreciation factor = 2 x (1/useful life)

Book value in year 1 = Cost of asset - Depreciation expense of year 1

Book value in year in subsequent years = previous book value - that year's depreciation expense

Depreciation expense in 2019 = (2/30) x $6,000,000 = $400,000

Book value in 2020 = $6,000,000 - $400,000 = $5,600,000

Depreciation expense in 2020 =  (2/30) x $5,600,000 = $373,333

8 0
3 years ago
On Tuesday March 31, 20X1 the Bravo Company had accrued wages of $1,000. Friday, April 3, Bravo paid employee wages of $2,500 fo
maksim [4K]

Explanation:

The journal entry is shown below:

March 31

Wages Expense A/c Dr 1,000

              To Wages payable A/c $1,000

(Being the accrued wages are recorded)

For recording the accrued wages, we debited the wages expense account and credited the wages payable account. Both the account are recorded for $1,000 only

3 0
4 years ago
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