<span>You would first need to determine the increase in the number of customer served each year, inferred by the number of customers served in 2014 less the customers served in 2012, divided by 2 to determine single year growth. This gives us:
(28,400 - 27,000) /2 = 700
There is a growth of 700 customers /year. Next, formulate the linear model with this information:
yy = 700xx + 27,000
where xx is (model year - 2012). Therefore, the number of customers in the year 2020 would be:
yy = 700xx + 27,000
yy = (700 * (2020 - 2012)) + 27,000
yy = (700 * 8) + 27,000
yy = 5,600 * 27,000 = 32,600 customers served in 2020</span>
Answer:
a. They must be an integral part of the finished product and be a significant portion of the total product cost.
Explanation:
The Direct material is supply which is consumed during the production of a product. The direct material should be an integral part in the finished good. Consumables are not direct material. To become direct material the raw supplies should be a significant portion of the total cost. There is no direct material in a service business. The finished product should contain the direct material and the material must be an integral part of the final product.
Answer:
Variable pay program
Explanation:
Variable pay program is a form of motivational and incentive technique used in organizations today. It is the situation whereby organizations bases bonuses on individual/team or organizational goals. The variable pay refers to the bonus given to employees or workers that has exceeded or met company's expectations and targets. It is based on a measure of performance rather than job time or seniority.
Answer:
<u>Journal Entry :</u>
Bank $100,000 (debit)
Note Payable : Acme Bank (credit)
Explanation:
In Oriole Company Ltd books the following entries must be made :
The assets of cash should be increase (debit) at the same time, the liabilities arising on the Note Payable must also increase (credit).
