Answer:
The amount received on June 24 is $686
Explanation:
given data
sold account = $1,000
terms = 2/10, n/30
returns merchandise = $300
to find out
amount of cash received on June 24
solution
we know here that payment is made within the discount period
that is discount period = 10 days
so amount received will be here
amount received = sold account - returns
amount received = $1000 - $300
amount received = $700
and discount is here
discount = 2% of amount received
discount = 2% × $700
discount = $14
so
amount of cash received is = amount received - discount
amount of cash received is = $700 - $14
amount of cash received is $686
Intangible Standards
Intangible standards are those that do not have physical form, or those standards that cannot be perceived by the 5 senses (such as employee morale and work ethics). In contrast, tangible standards are those that can be assessed using the five senses -- seeing, smelling, hearing, tasting, and touching.
Answer:
C. Decide on a general, neutral comment you can make if customers ask you about a warranty
Explanation:
The comment might be that each product contain the warranty within the box.
Answer:
(C) Socially responsible firms automatically engage in ethical practices.
Explanation:
Social responsibility is an ethical theory, in which individuals are accountable for fulfilling their civic duty; the actions of an individual must benefit the whole of society. Examples of social responsibility marketing strategies includes: recyclable packaging, promotions that spread awareness of societal issues and problems, and directing portions of profits toward charitable groups or efforts.
Answer:
Instructions are listed below.
Explanation:
Giving the following information:
Each unit of output requires 0.52 direct labor-hours. The direct labor rate is $9.00 per direct labor-hour. The production budget calls for producing 1,700 units in April and 1,600 units in May. The company is committed to paying its direct labor workforce for at least 960 hours a month.
We need to calculate the total number of hours required each month.
April:
Direct labor hours= 1,700 units* 0.52= 884 hours
Total cost= 960 hours*$9= $8,640
May:
Direct labor hours= 1,600 units* 0.52= 832 hours
Total cost= 960 hours*$9= $8,640
