If you just mean video games and movies.
In 2014, the global revenue for games was estimated at $83.6 billion (Polygon). Meanwhile, according to the MPAA, in 2014, the movie industry worldwide grossed $36.4 billion (MPAA). So in terms of simple new release sales, video games wins by a wide margin.
Answer:
$5000
Explanation:
Since Elm City issued a purchase order for supplies with an estimated cost of $5,000, although when the supplies were received, the accompanying invoice indicated an actual price of $4,950, the amount that Elm should credit to encumbrances outstanding in its general fund after the supplies and invoice were received; is $5000
Notice that encumbrances are set aside funds for a purpose, therefore upon ordering, encumbrances balance would increase, and Elm would have passed the following entry
Dr. Encumbrances...$5000
Cr. Fund Balance.....................$5000
Therefore even if the supply came with a shortfall in amount, in order for Elm City to show that the purpose for making that encumbrance has been met, it has to be liquidated by crediting the Encumbrance account by the full amount of $5000
Answer:
Variable cost per unit = $15 per unit
Explanation:
given data
May produced = 4,000 units
May total cost = $110,000
November produced = 2,500 units
November total cost = $87,500
solution
we get here Variable cost per unit as per high-low method that is express as
Variable cost per unit = (Highest cost - Lowest cost) ÷ ( Highest quantity produced - Lowest quantity produced) ....................1
put here value and we will get
Variable cost per unit =
Variable cost per unit = $15 per unit
Answer:
the buyer document is a contract documents