Answer:
Instructions are below.
Explanation:
Giving the following information:
Accurate Metal Company sold 40,500 units of its product for $420 per unit. The total variable cost per unit is $203, consisting of $196 in variable production cost and $7 in variable selling and administrative cost.
Under the variable costing method, the unitary product cost includes direct material, direct labor, and variable overhead.
Sales= 40,500*420= 17,010,000
Variable cost= 196*40,500= (7,938,000)
Contribution margin= 9,072,000
Variable selling and administrative= (40,500*7)= (283,500)
Net operating income= 8,833,500
Answer:
Explanation:
The journal entries are shown below:
a)
Investment in bonds Dr A/c$120000
Interest receivable Dr A/c$ 1000
To Cash A/c $121000
(purchased of 5% bonds with accrued interest of $1000 on the bonds for cash is recorded)
b)
Cash Dr. A/c $3000 ($120,000 × 5% × 6 months ÷ 12 months)
To Interest receivable A/c $1000
To Interest Revenue A/c $2000
(Being the first semiannual interest payment is received)
c) Cash Dr A/c $61100 ($60,000 × 101 + $500)
To Investment in bonds $60000
To Interest Revenue $ 500
To Gain in sale of investment $600
( Being the sale of bond with accrued interest of $500 is recorded and the remaining amount will be credited to the gain in sale of investment)
Answer:
true
Explanation:
because if you improve the way thing look and the way thing work people will find working there amusing.
So we first need to find the profit per unit, which means we need to find the number of units sold
profit = (sales price* quantity) - variable cost*quantity - fixed costs
plug in what we know
300,000 = (20q) - 12q-25,000
275,000 = 8q
q= 34,375 units produced. Then take profit/units = 300,000/34375 = 8.73 profit per unit
Now if we sell 5,000 more units, we would have 8.73*5000 = 43,636.36 additional profit
Recruitment is the answer. Recruitment: the action of finding new people to join an organization or support a cause.