Answer:
The correct answer is letter "B": the excess of sales revenue over variable cost.
Explanation:
In its most simple form, contribution margin is calculated by subtracting variable costs and expenses from revenues. Contribution margin represents a part of the company's revenues that are not allocated for variable cost. Thus, that portion is used to pay the firm's fixed costs. Contribution margin is low usually for <em>labor-intensive</em> entities while <em>capital-intensive</em> companies tend to have a higher contribution margin.
Answer:
The adjusted book balance is $15400
Explanation:
The book balance is the balance for cash/bank that is as per the accounts kept by the company in its books and can differ from the amount of balance as per bank because of several transactions that are either recorded in the books and not by the bank or recorded by the bank and are not in the books.
To calculate the adjusted book balance, we need to adjust for transactions that are recorded by the bank and are not in the books.
Unadjusted cash balance as per books $15820
(-) NSF check ($400)
(-) Service charge <u>($20)</u>
Adjusted cash balance as per books 15400
NSF checks are checks that were recorded in books but due to Non sufficient funds, they cannot be added to the bank balance and should be returned to customers and reduced from the cash balance in books.
The service charges are deducted directly from the account by the bank and should be deducted from the book balance also.
Answer:
$27,273
Explanation:
Calculation for the new inventory layer at base-year retail price
Using this formula
New inventory layer at base-year retail prices=(Ending inventory at current-year retail prices/Current-year price index) - Beginning inventory at retail
Let plug in the formula
New inventory layer at base-year retail prices=($250,000/1.10) - $200,000
New inventory layer at base-year retail prices=
$227,273 - $200,000
New inventory layer at base-year retail prices=$27,273
Therefore During the current year, a new inventory layer at base-year retail prices was added in the amount of: $27,273
Explanation:
Amount paid for 3 months = 3 month[Total amount / 12 months]
Amount paid for 3 months = 3[2000/12]
Amount paid for 3 months = $500
Books of (..... LTD)
Particular Amount Amount
Cash A/c Debit $500
To Prepaid insurance A/c $500
<span>#1) Which of the following was a direct result of the Pullman strike?
Answer: Out of all the options that are presented above the one that represents a direct result of the Pullman strike is answer choice D) Eugene V. Debs was arrested for his union activities and put in jail. Debs and three other union leaders were arrested for interfering with the US mail.
#2) Companies hired Pinkertons to.
Answer: Out of all the options that are available above the one that best represents why companies hired Pinkertons is answer choice D) report on and bust unions. Many Pinkertons were shot and killed by strikers in desperation.
<span>I hope it helps, Regards. </span></span>