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Alexxx [7]
3 years ago
12

Dynamic production services started the year with total assets of? $130,000 and total liabilities of? $50,000. the company is a

sole proprietorship. the revenues and the expenses for the year amounted to? $100,000 and? $60,000, respectively. during the? year, there were no new capital contributions and the owner withdrew? $45,000. calculate? dynamic's net income for the year.
Business
1 answer:
lana66690 [7]3 years ago
6 0
Dynamic Production Services net income for the year is $40,000.00
[$100,000.00 (revenues) - $60,000.00 (expenses) = $40,000.00]

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Integrated marketing communications.

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3 years ago
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Answer:

a. Determine the standard cost per unit for direct materials and direct labor.

standard direct labor rate = $20 x 30/60 minutes = $10 per faucet

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b. Determine the direct materials price variance, direct materials quantity variance, and total direct materials cost variance.

direct materials price variance = (actual price x actual quantity) - (standard price x actual quantity) = ($1.95 x 13,000) - ($1.80 x 12,500) = $25,350 - $22,500 = $2,850 UNFAVORABLE

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8 0
3 years ago
The Bay Fig Corporation has $350,000 of taxable income from operations for the current year, and dividends of $50,000 received f
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Answer: $25,000

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3 years ago
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<span>3 non-price strategies you could use to increase your customer base is having Better Quality, Better web presence, and Better Customer Service. Better quality means having good, durable products that deliver what they promise. Also better quality means having a product that is worth its money, not just something cheap which falls apart in one use. Better Web Presence means having a nice, interesting, user-friendly website which customers can access at any time to view your products. Also this means that your website is updated regularly with product information. Better customer service means that you should be able to provide good, cooperative customer support for customers who have queries or problems regarding your product. This involves courteous staff who have up-to-date knowledge and are willing to follow up the case. </span>
3 0
3 years ago
Read 2 more answers
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