Answer:
<u>Base the bid on the incremental costs incurred because the job will contribute toward the company's profit.</u>
Explanation:
Note that <em>the term having 'excess capacity' means the company has more than enough resources to bid for contacts.</em>
Since the company's overall goal is to make more profit it bidding strategy over its competitors should highlight that it has lower incremental (marginal) cost because of having full capacity in place. This fact would give the company an edge in the bid.
Answer:
Perishable
Explanation:
According to my research and based on the information that was provided within the question we can say that Yolanda's service can be considered Perishable. This is because if she does not receive any customer for that night then she will not generate any money. That is why Yolanda decided to stay.
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Answer:
Product K1 = 16.9
Product S5 = 8.6
Product G9 = 10.4
Explanation:
Product K1 Product S5 Product G9
Contribution a $52.39 $20.64 $66.56
($147.39 - $95.00) ($112.64 - 92.00) ($215.56 - $149.00)
Number of Material
Required Per Unit b 3.1 2.4 6.4
Contribution margin
per pound 16.9 8.6 10.4
c = (a ÷ b)
Order in which products
should be produced
and filled 1 3 2
The required double entry to adjust the accounts for salaries accrued at the end of the accounting period is a debit to the Salaries Expenses Account and a credit to the Salaries Payable Account.
- The Salaries Payable account is a current liability because the firm has not yet paid cash for.
- Debiting the Expense account and crediting the Payable account complete the double entry. This is a recognition of the accrual concept and the matching principle of generally accepted accounting principles.
Thus, the accrual concept and the matching principle require that expenses that have not been paid for be accounted for in the period that they are incurred to match with the revenue that they generated.
Learn more: brainly.com/question/14601425