Recording the transaction of providing travel services to the travelers, who paid $22,500 with a balance of $4,500 in the books of the Travel Services Corporation include:
Journal Entries:
Debit Cash $22,500
Debit Accounts Receivable $4,500
Credit Service Revenue $27,000
- To record the provision of travel services for cash and on credit.
Data Analysis:
Cash $22,500 Accounts Receivable $4,500 Service Revenue $27,000
Thus, the total service revenue recorded for this transaction is $27,000.
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Answer:
Usage variance = $22,564.5 unfavorable
Explanation:
<em>A material usage variance occurs when the standard quantity required to active a particular level of production is higher or lower than than the actual actual quantity used. A favorable variance would mean than less quantity of materials were used than the standard to achieve a given output level. And an adverse variance would mean the opposite</em>
Pounds
850 units should have used ( 850× 5.9 pounds) 5,015
but did use <u> 6,550</u>
Usage variance 1,535 unfavorable
× standard price <u> $14.70</u>
Usage variance <u> 22,564.5</u> unfavorable
Usage variance = $22,564.5 unfavorable
Answer:
economic differences
Explanation:
Brestine Inc. which is planning to expand its business as well as customer base by opening in a different continent which is Asia.
<u>The foremost difficulty is the economic difference of the customer base in Asia as compared to Europe.</u> In Asia and most Asian countries, the per capita incomes is comparatively low. Thus, introduction of the same products that the company is marketing in Europe will not work because of the economic differences. Thus, the company has to introduce cheaper versions to appeal to the target markets which is the Asian countries.
Answer:
The answer would be D
Explanation:Because debating means arguing
If it is GDP per capita it may understate the value of goods and services due to comparative inflation figures and costs of living in different countries. A GDP per capita Purchasing Power figure is more accurate for this type of comparison.
