Answer:
Differential income from the special order= $127,000
Explanation:
A company should accept a special order where the order generates additional contribution. i.e where the special order sales exceeds all relevant cost.
The relevant cost for decision to accept the special order are
I Incremental Revenue from the special order
2. incremental variable cost
Contribution per unit = 18-13=5
Total contribution from special order = contribution per unit × units
= 5× 25,400=$127,000
Differential income from the special order= $127,000
Note that whether or not the special order is accepted the fixed manufacturing and fixed operating expenses of would be incurred either way. Therefore , they are not relevant for the decision
Barry is engaging in an exchange as he he pays to attend an online webinar about pinterest strategy to improve his skills in social media.
<h3>What is an
exchange?</h3>
According to Armstrong (2009), he defined an exchange in marketing is the act of obtaining a desired object from someone by offering something in return.
This happens any time people trade goods or services. All exchange is supposed to produce "utility," which means the value of what you trade is less than the value of what you receive from the trade.
Therefore, he is engaging in an exchange as he he pays to attend an online webinar about pinterest strategy to improve his skills in social media.
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When an employee works in year 1 but is paid in year 2, the company must recognize an expense in years 1 only.
An expense is the monetary value of tasks that an organization causes to create income. As the well-known saying goes, "it costs cash to bring in cash.
Normal expenses incorporate installments to providers, worker compensation, manufacturing plant leases, and hardware devaluation.
Organizations are permitted to discount charge deductible costs on their annual government forms to bring down their available pay and hence their assessment obligation.
To learn more about Expenses.
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Answer: A company that adapts its product features for an international market is pursuing "B. A global strategy of offering products to a worldwide market.".
Explanation: A global business strategy implies participation in the world market and requires adaptation before applying it.
Answer:
Jasmine recognize $1,940 this year if she uses the accrual method of accounting.
Explanation:
The Accrual or Matching Concept in accounting requires revenues and expenses to be recorded in the period i which they occur or incur.
The entry to record the receipt of payment is :
Cash $15,520 (debit)
Unearned Rental Income $15,520 (credit)
By the end of the year on 31 December, 4 months rent income starting September will have been earned and entries are as follows :
Unearned Rental Income $1,940 (debit)
Rental Income $1,940 (credit)
Rental Income calculation = $15,520 × 4 / 32
= $1,940
