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Liono4ka [1.6K]
3 years ago
7

Cow’s Milk Creamery, Inc., needs a certain part for its pasteurizing equipment to continue its operations and orders one for $3,

000 from Dairy Supplies Company. Cow’s Milk tells Dairy Supplies that it must receive the part by Tuesday or it will lose $10,000. Dairy Supplies ships the part late. Cow’s Milk can recover:_______.
a. ​$0.
b. ​$10,000.
c. ​$3,000.
d. ​$13,000.
Business
1 answer:
Lostsunrise [7]3 years ago
3 0
D.) I think I hope I helped
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Need help asap!!!! pls
kap26 [50]

Answer:

I'm pretty sure it b, and if it's not I am so srry

6 0
3 years ago
The Adams Corporation, a merchandising firm, has budgeted its activity for November according to the following information:
Mars2501 [29]

Answer:

im not sure

Explanation:

7 0
3 years ago
Storm Concert Promotions Valle Home Builders
KIM [24]

Answer:

<u><em>Storm Concert Promotions</em></u>

It was overapplied as the amount appliued exceed the actual overhead cost so we decrease the cost of good.

manufacturing overhead   3,200 debit

            COGS                         3,200 credit

<u><em>Valle Home Builders</em></u>

It was underapplied as the amount applied was below the actual overhead cost. We must increase the cost of our good sold to recognize the extra cost.

COGS                                 1,200 debit

manufacturing Overhead       1,200 credit

Explanation:

Storm Concert Promotions

Actual indirect materials costs     22,000

Actual indirect labor costs            46,000

Other overhead costs            <u>        17,000   </u>

Total overhead                             85,000

Overhead applied                        88,200

Overapplied overhead                   3,200

Valle Home Builders                

Actual indirect materials costs  12,500

Actual indirect labor costs        46,500

Other overhead costs            <u>    47,000   </u>

Total overhead                         106,000

Overhead applied                   105,200

Overhead underapplied             1,200

6 0
3 years ago
A delivery company spent $3,500 last week upgrading one of its trucks. This week the company is trying to decide if this upgrade
rjkz [21]

Answer:

Sunk cost

Explanation:

The sunken cost is the expense previously incurred that will not be compensated in future. Plus, it's also called past expense.  

The cost at the time of decision-making is not significant and it should be ignored.

In the given question, the $3,500 spent which is not now recovered and hence represents the sunk cost

3 0
3 years ago
A dollar available today is always worth more than a dollar not available until a future period.
Lostsunrise [7]

Answer:

The statement is: True.

Explanation:

The Time Value of Money is a concept that states a dollar today is always worth more than a dollar tomorrow. The theory relies on the earning capacity of money. The approach is the reason why entrepreneurs prefer to capitalize on their investments the soonest so the more money available now will represent for them more money accrued in the future.

8 0
3 years ago
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