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vladimir2022 [97]
4 years ago
15

Revenue should be recognized when a. the customer charges an order b. cash is received c. the customer places an order d. the se

rvice is performed
Business
1 answer:
shepuryov [24]4 years ago
4 0

Answer:

d. the service is performed

Explanation:

According to the revenue recognition principle, the revenue is recognized when it is earned or realized not when the cash is received. It is based on the accrual basis of accounting. It does not depend upon the cash.  

In other words, whether cash is received or not but the revenue is recognized on the books when the service is performed.

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Which is not regulated how you eat chicken how chicken packages how chickens are raised how chickens are hatched
aliya0001 [1]
How chickens are raised.
7 0
3 years ago
Concord reported the following information for the current year: Sales (49000 units) $980000, direct materials and direct labor
Zanzabum

Answer:

Concord BEP: 400,000 units

Explanation:

Break Even Point (Units) = Fixed Cost / (Selling Price - Variable Cost) or

Break Even Point (Units) = Fixed Cost / Contribution Margin

Concord Break Even Point:

Contribution Margin Per Unit: (($980,000 - ($490,000 + $49,000)) / 49,000 =  $9

Concord BEP: $360,000 / $9 = 400,000 units

6 0
3 years ago
If publishing at a newspaper company is arranged so that editors, editorial assistants, and reporters coordinate to determine wh
Paha777 [63]

The community arrangement of a newspaper company publication that was organized in a coordinated way by editors, editorial assistants and reporters, this arrangement will align with the ideas brought by Mary Parket Follet.

<h3 /><h3>Mary Parker Follet Theory</h3>

The American author became known as the "Management Prophet" because her theory was based on a broader idea of ​​organizational democracy, going beyond the concepts of economic man, to develop concepts whose focus was human relations.

Therefore, Mary Parker Follet's theory is based on the development of man as a social and cooperative being, which develops from his relationships and behavior patterns, being contrary to Taylorism and based on the appreciation of each individual and integration of work.

Find out more information about Mary Parker Follet here:

brainly.com/question/26312475

4 0
3 years ago
The commission structure on a stock purchase is $45 plus $0.04 per share. If you purchase five round lots of a stock selling for
Vedmedyk [2.9K]

The commission for purchasing five round lots of a stock selling for $130 is $65.

<h3>What is round lots of a stock?</h3>

A specified quantity of securities to be traded on an exchange is known as a round lot. In the stock market, a round lot is defined as 100 shares or a bigger number that may be divided in half equally.

1 round lots = 100 shares

5 round lots = 500 shares

The commission structure on a stock purchase is $45 plus $0.04 per share.

For 500 shares, the commission is

= 45 + 0.04×500

= 65

Therefore, the commission for purchasing 500 shares of stock selling for $130 is $65.

To know more about commission, here

brainly.com/question/957886

#SPJ4

7 0
2 years ago
Materials used in product $125,700 Advertising expense $51,700 Depreciation on plant 63,400 Property taxes on plant 23,100 Prope
Elodia [21]

Answer:

cost of goods manufactured= $356,200

Explanation:

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

<u></u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

Overhead:

Depreciation on plant 63,400

Property taxes on plant 23,100

Factory supplies used 31,700

Total overhead= $118,200

cost of goods manufactured= 13,800 + 125,700 + 116,100 + 118,200 - 17,600

cost of goods manufactured= $356,200

4 0
3 years ago
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