________ is a special account for a company that has established credit with the hotel.

In an investment center, the manager has the responsibility for and the authority to make decisions that affect a. both costs an

yaroslaw [1]

Answer:

The answer is B.) Cost, revenue, and assets invested in the center

Explanation:

An investment center is a responsibility center in which the department manager is responsible for costs, revenues and assets for the department.

An investment center is also a business unit in a firm that can utilize capital to contribute directly to a company's profitability.

Examples of departments that make up the cost center are the human resource and marketing departments, units that falls under a profit center include the manufacturing and sales department.

6 0

2 years ago

The part of the computer that contain the brain or central processing unit, is also know as the A. Modem b. Monitor. C. System u

timofeeve [1]

The awnser is C. system unit

7 0

3 years ago

what are the main purposes of a budget? to record the past income and spending. to take a it a student loan from the bank. to pl

Softa [21]

I think its either to balance available resources and expenses or to plan future income and spending

7 0

3 years ago

Describe two examples of important things that financial planning skills can help you do, and explain why these things are impor

Alex777 [14]

Answer:

Two examples of important things that financial planning skills can help us do are:

Acquire a strong savings habit
Set realistic goals

Explanation:

Acquire a strong savings habit: This is achievable when a person has a clear understanding of how much are their expenses and how much is needed to be save in order to acquire capital goods or to construct a fund for unexpected costs.

Set realistic goals: When a person knows how much its income is and has a realistic financial planning he knows what goals are achievable and which are not.

7 0

3 years ago

Turner Corporation acquired two inventory items at a lump-sum cost of $80,000. The acquisition included 3,000 units of product L

Alborosie

Answer:

b.$9,000

Explanation:

Gross profit can be calculated by the entity using the below formula:

Gross profit:Sales- Cost of sales

In this question sales and cost of sales can be calculated as follows:

Sales=Number of units of LF sold by Turner Corporation*sales price

=1,000*24=$24,000

Since the entity is selling LF for 24$ which is 3 times the price at which it is selling 1B and assuming that the Turner Corporation is earning same gross profit percentage on both products, then cost of sales can be determined as follows:

Let say cost of 1B is "x" then the cost of LF will be "3x",applying the above to cost of sales for LF can be determined as :

3,000(3x)+7,000(x)=80,000

9000x+7000x=80,000

16,000x=80,000

x=5(80,000/16,000)

Cost for one unit of LF=3*5=15

Cost of sales for 1,000 units=15*1000=15,000

Gross profit=24,000-15,000=$9,000

Answer is b.$9,000

3 0

3 years ago

​________ is a special account for a company that has established credit with the hotel.

________ is a special account for a company that has established credit with the hotel.