Answer:
differential cost
Explanation:
When you are elaborating a differential cost analysis between two alternative projects or actions, you are looking for the difference in total costs between both alternatives.
For example, you might elaborate a cost analysis to decide whether to continue or stop the production of a certain good. What are the costs associated with stopping the production versus thee profitability of continuing the production.
Answer:
D) eminent domain.
Explanation:
In the US, eminent domain is the right of a government entity (local, state or federal government) to take private land and assign a public use to it. This government expropriation is carried out with a compensation payment done to the landowner.
In this case, the municipal government of Orlando is going to expropriate Neil's land and use it to expand a thoroughfare (road or avenue) through the city. The city will pay Neil a certain amount of money for taking away his land and suing it for a public service.
The 5th amendment of the US Constitution states that eminent domain must be carried out only after the landowner has been compensated for his/her loss.
Answer:
A journal was prepared for the entries of items in the question given,
Explanation:
<em>Solution</em>
We prepare a journal entries for the item listed in the question
J<em>OURNAL ENTRY</em>
No Accnts $ Explanation Debit Credit
1 Debit Supply expense $530.
Credit Supplies $530.
2. Debit expense of insurance $125.
Credit Prepaid insurance $125.
3. Debit Depreciation expense $75
Credit Accumulated depreciation
Equipment $75
4. Debit Unearned service revenue $950
Credit Service revenue $950
5. Debit Accounts receivable $330
Credit Service revenue $330
6. Debit Interest expense $80
Credit Interest payable $80
7. Debit Salaries and wages expense $1460
Credit salaries and wages payable $1460
Answer:
Dallas Boot Corporation
Assuming that there would be no commission on this potential sale, the lowest price the firm can bid is some price greater than:_________
= $20.
Explanation:
a) Data and Calculations:
Pairs of military combat boots on the bid = 1,000
Direct material $8
Direct labor 6
Variable overhead 3
Variable selling cost (commission) 3
Fixed overhead (allocated) 2
Fixed selling and administrative cost 1
Total cost of production and sales $23
Less commission 3
Total cost per boot $20
b) The bidding price less sales commission will be a price that is greater than $20 per boot. The extra amount per boot will cover the profit expected from the transaction.
In this question, it describes a culture that is low in
institutional collectivism. Institutional collectivism is a practice that gives
rewards to the action that gives positive results. In low institutional
collectivism, it shows that an individual gives an effort to reach its goal.
