Based on the discount offered by Next furniture, the discounted price of a sofa would be $669.33
<h3>What is the discounted price of the sofa?</h3>
This can be found as:
= Original price x (1 - discount rate)
Solving gives:
= 999 x (1 - 33%)
= 999 x 0.67
= $669.33
Find out more on discount rates at brainly.com/question/1385340.
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Answer:
d. the suspense account
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP).
Financial statements can be defined as a document used for the formal communication or disclosure of financial information and statements to present and potential users such as investors and creditors. These includes balance sheet, statement of retained earnings and income statement.
In Financial accounting, if a trial balance totals do not agree, the difference must be entered in the suspense account
U need to provide the options we can pick from please
Answer:
![\left[\begin{array}{cccc}Range&80,000&100,000&120,000\\ Materials&400,000&500,000&600,000\\ Labor&480,000&600,000&720,000 \\ Overhead&640,000&800,000&960,000 \\ Variable&1,600,000&2,000,000&2,400,000 \\ Depreciation&200,000&200,000&200,000 \\ Supervision&100,000&100,000&100,000 \\ Fixed&300,000&300,000&300,000\\ Total&1,960,000&2,300,000&2,700,000\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bcccc%7DRange%2680%2C000%26100%2C000%26120%2C000%5C%5C%20Materials%26400%2C000%26500%2C000%26600%2C000%5C%5C%20Labor%26480%2C000%26600%2C000%26720%2C000%20%5C%5C%20Overhead%26640%2C000%26800%2C000%26960%2C000%20%5C%5C%20Variable%261%2C600%2C000%262%2C000%2C000%262%2C400%2C000%20%5C%5C%20Depreciation%26200%2C000%26200%2C000%26200%2C000%20%5C%5C%20Supervision%26100%2C000%26100%2C000%26100%2C000%20%5C%5C%20Fixed%26300%2C000%26300%2C000%26300%2C000%5C%5C%20Total%261%2C960%2C000%262%2C300%2C000%262%2C700%2C000%5C%5C%5Cend%7Barray%7D%5Cright%5D)
Explanation:
We multiply the variable component for each relevant range.
Then for the fixed cost, we post the total.
Notice it is given for 1,200,000 units
so total depreciation 1,200,000 x 2 = 2,400,000 = 200,000 per month
Supervisor 1,200,000 x 1 = 1,200,000 = 100,000 per month