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Savatey [412]
3 years ago
14

If shondra really wants to borrow alicia's shoes but she thinks she may refuse, the idea of the foot-in-the-door technique state

s that shondra is more likely to get the shoes if she:
Business
1 answer:
poizon [28]3 years ago
5 0

<span>The idea of the foot-in-the-door technique stipulates that if Shondra thinks Alicia may refuse to lend her the shoes, she is more likely to get them if she first asks to borrow something else that Alicia will refuse to give her, and then ask to borrow the shoes.</span>

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Rice Corp. recognizes revenue over time to account for long-term contracts and has the following information for the first year
trasher [3.6K]

Answer:

D.) $75,000

Explanation:

Amount of revenue recognized = Cost incurred to date / Estimated total cost * Contract price

Cost incurred to date=60,000

Estimated total cost=400,000

Contract price=500,000

Amount of revenue recognized= 60,000/400,000 * 500,000

=0-15 * 500,000

=$75,000

Amount of revenue recognized in year 1 is $75,000

8 0
3 years ago
Menu costs are the​ merchants' costs of changing prices. true false
attashe74 [19]
False,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
6 0
2 years ago
Trio company reports the following information for the current year, which is its first year of operation
Arlecino [84]

Explanation:

1. The computation of cost per unit using a absorption costing

Fixed cost

= Fixed manufacturing overhead ÷ Units produced

= $160,000 ÷ 20,000

= $8

Variable costs

Direct material per unit $15

Direct labor per unit $16

Variable manufacturing overhead per unit

= Variable overhead ÷ Units produced

= (80,000 ÷ 20,000)

= $4

Total Variable cost per unit

= $15 + $16 + $4

= $35

Total cost per unit

= $8 + $35

= $43

The computation of cost per unit using a variable costing

Direct material per unit $15

Direct labor per unit $16

Variable manufacturing overhead per unit $4

= $15 + $16 + $4

= $35

2. The computation of ending finished goods inventory using absorption costing

Number of finished goods in units 6,000

Cost of goods in ending inventory

= 6000 × $43

= $258,000

The computation of ending finished goods inventory using variable costing

= Number of finished goods in units 6,000

Cost of goods in ending inventory

= 6,000 × $35

= $210,000

3. The computation of the cost of goods sold using absorption costing

Number of units in sold goods 14,000

Cost of goods sold

= 14,000 × $43

= $602,000

The computation of the cost of goods sold using variable costing

Number of units in sold goods 14,000

Cost of goods sold

= 14,000 × $35

= $490,000

3 0
3 years ago
Many small businesses choose to outsource their payroll activities to firms that specialize in providing payroll services. Dolor
natita [175]

Answer:

revenue cycle

Explanation:

Dolores Yu provides a payroll processing business. According to question, service has been rendered and now its time to collect bills for those service.

Since revenue cycle is capturing of bills and payment for product or service rendered. The work mentioned in the problem is part of revenue cycle.

5 0
2 years ago
A firm that sells goods that it purchases for re-sale is a
MrRissso [65]
The answer to the question above is Re-sellers. not to mention the question above stating that a firm sells goods that is purchased for a re-sale automatically refers to the Re-sellers. The Re-sellers can be a retailer that sells to the end users or sells to other business firms like the whole seller. basically the term Re-seller is a firm that who buys product lesser in the market and sells it with added value.
3 0
3 years ago
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