Answer:
Unit product cost= $95
Explanation:
Giving the following information:
Direct materials $30 per unit
Direct labor $45 per unit
Variable manufacturing overhead $20 per unit
<u>Under the variable costing method, the unit product cost is calculated using the direct material, direct labor, and variable manufacturing overhead:</u>
<u></u>
Unit product cost= 30 + 45 + 20= $95
Answer: Geocentric managers
Explanation: Geocentric managers are the managers that accept the fact that every country have different culture and environment which can affect the business overall. Therefore, these managers use different techniques and procedures for different economies.
These are usually the managers of multinational corporations operating globally. These managers usually do not lack resources and can use the latest and best techniques for their operations.
Complete Question:
A customer wishes to open an account at a FINRA member firm, but wishes his identity to remain hidden to the employees at the branch office. Which statement is TRUE?
Group of answer choices
A. The customer's request cannot be accommodated
B. The customer must apply to FINRA to open such an account
C. The customer must sign a statement attesting to account ownership for such a request to be honored
D. The customer must submit a photo identification to open such an account
Answer:
C. The customer must sign a statement attesting to account ownership for such a request to be honored.
Explanation:
When a customer wishes to open an account at a Financial Industry Regulatory Authority (FINRA) member firm, but wishes his identity to remain hidden to the employees at the branch office. The customer must sign a statement attesting to account ownership for such a request to be honored. This simply means that, according to the policy of the Financial Industry Regulatory Authority, it is required that the customer signs a statement which expressly states or attests to the fact that he is the sole owner of the account.
Checking accounts are not a type of market
Answer:
(a) Date Account Titles & Explanation Debit Credit
1. Jun-03 Accounts Receivable-Chester Company $3,100
Sales $3,100
(To record sales)
Jun-12 Cash $3,038
Sales Discounts $62
(3,100*2%)
Accounts ReceivableChester Company $3,100
(To record payment received)
2. Jun-03 Accounts Receivable-Chester Company $3,038
($3,100*0.98)
Sales $3,038
(To record sales)
Jun-12 Cash $3,038
Accounts Receivable-Chester Company $3,038
(To record payment received)
(b) Date Account Titles & Explanation Debit Credit
Jul-29 Cash $3,100
Accounts Receivable—Chester Company $3,038
Sales Discounts Forfeited $62
(To record payment received)
