Answer:
Date Accounts Receivable Debit Credit
XX-XX-XXXX Work in Process $11,330
Wages Payable $11,330
Date Accounts Receivable Debit Credit
XX-XX-XXXX Work in Process $5,665
Manufacturing overhead $5,665
<u>Working</u>
Total labor cost:
= Partner cost + Senior manager cost + Staff accountants
= (5 * 450) + (13 * 160) + (100 * 70)
= $11,330
Overhead is 50% of direct labor cost:
= 11,330 * 50%
= $5,665
Answer:
A. The quantity demanded for bread will decrease , quantity supplied will increase
Explanation:
PRICE FLOOR is the minimum mandated price set by government , usually above equilibrium price , to ensure producers' protection (if market price is perceived to be low) . EG : Minimum Support Price for agricultural products to protect farmers .
However at this raised price : There is Excess Supply , as Quantity Supplied increases with price increase (law of supply - price & supply direct relationship) , Quantity Demanded falls (law of demand - price & demand inverse relationship)
The correct answer is C. Average daily balance method.
In average daily we consider balance interest or owed at the end of the day.
To calculate debt credit card we take the percentage of the total amount of current balance which will be termed as the interest then add one percent of the principal.
T o calculate for daily credit card balance we total the balance in the billing cycle everyday then you will divide your total with the number of days which in the cycle.
Given :
Stand alone price of product B = $100
Price of the combined product = $120
To Find :
Stand alone price of product A
Solution :
Now,
Stand alone price of Product A = 120 - 100 = $20
The allocation ration for the product A and B =
<u>Stand alone price of product A</u>
Stand alone price of product B
<u> </u><u> </u><u>20</u><u> </u><u> </u> = 1:5
100
Allocated to the performance obligation for delivering product A =
$120 x <u> </u><u> </u><u>1</u><u> </u><u> </u><u> </u>
1+6
$17.1
So the answer is $ 17.1
Learn more about Transaction Price here:
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I would recommend it lower its price.
Explanation:
iWatch is not a product a lot of people wish for and it doesn't compliment the life of users enough to be expensive to buy. When it is expensive sales will reduce which would make sales revenue reduce but if the price is low a lot of people will patronize the product thus increase revenue.
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