Answer:
False
Explanation:
Revenue tariff means increasing earnings. It will raise government revenue instead of protecting domestic ventures. It is a direct income in the form of tax to obtain from corporate revenues.
On the other hand, protective tariffs are designed to protect domestic producers. It protects local manufacturers by imposing a heavy duty on imported products, which enables the products to become less attractive. Therefore, the aim is to reduce imports.
Answer:
117,000 adjusted COGS
Explanation:

35,000 + 136,000 = 48,000 + COGS
COGS = 123,000 before adjustment
overapplied overhead for 6,000
This means the applied is higher than actual expenses, the cost is 6,000 lower we must decrease the COGS
123,000 - 6,000 = 117,000 adjusted COGS
Answer:
c) Inventory (beginning) and Purchases.
Explanation:
When you use perpetual inventory system, you must record cost of goods sold every time you make a sale. But when you use a periodic inventory system, you close cost of goods sold with merchandise inventory account at the end of the period.
beginning inventory + purchases - ending inventory = cost of goods sold
Answer:
A. $2,400,000
B. $36
C. $49
Explanation:
Base on the scenario been described in the question, we can use the following method to solve the given problem
a. Ascertain the variable costs and the variable cost amount per unit for the production and sale of 10,000 cellular phones:
The total variable cost = $2,400,000
Variable cost per unit =$240
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b. Ascertain the variable cost mark-up percentage for cellular phones:
Compute the desired ROI per unit:
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Compute the Fixed co
An attached image in given for the calculations
Here is the answer. When journalizing a transaction, and a short explanation is written, this is called a MEMORANDUM. This is <span>a form on which a brief message is written describing a transaction. Hope this answers your question. Have a great day!</span>