Answer:
<em>OPTION(B) is correct.</em>
Explanation:
In a society CSV dimensions captures distinctions, <em>based on characteristics </em>that pursue<em> to control and handle a community, organization or a small group of people</em> is generally known as "Power distance."
This is a type of distance which is been differentiated into two types of power distances, the <em>first one</em> is high power distance and the <em>second one</em> is low power distance.
Answer:
$550,000
Explanation:
The computation of the cost of the land is shown below:
= Cash paid + note payable amount + legal fees incurred + sales commission charged + surveying fees + appraisal fee
= $100,000 + $400,000 + $19,000 + $25,000 + $1,000 + $5,000
= $550,000
For computing the cost of the land we added all the cost given in the question as it is related to the land
Answer:
(a) $1,760
(b) $1,100
Explanation:
Given that,
Skysong, Inc. made three purchases of merchandise:
(1) 320 units at $5
(2) 420 units at $7
(3) 520 units at $8
Units on hand at the end of the period = 220
(a) Under FIFO method,
cost of ending inventory:
= Units on hand at the end of the period × $8 (From the last purchase)
= 220 × $8
= $1,760
(b) Under LIFO method (Comprise units from the first purchase),
cost of ending inventory:
= Units on hand at the end of the period × $8 (From the first purchase)
= 220 × $5
= $1,100
Answer:
........500 members.........
Explanation:
.
Answer:
Selling price = $20.05
Explanation:
<em>The break even point </em><em>is the level of activity where the total cost of is exactly equal to the total revenue. At this point, the business makes no profit and no loss, because the total contribution is also equal to the total fixed costs.</em>
Contribution is the excess of sales revenue over variable cost
Total contribution = (S.p - VC per unit) × unit sold
So we can determine the selling price per unit by equating the total contribution to the the total fixed cost as follows:
Step 1
<em>Determine the total contribution</em>
= ( S.P - 6.80) × 900
Step 2
<em>Equate the total contribution to the total fixed cost and solve for S.P</em>
(S.P - 6.80) × 900 = 11,925. Lets substitute S.P with x
(X-6.80) × 900 = 11,925
900X -6,120 = 11,925
900X = 11,925 + 6,120
900X = 18045
X = 18,045/900
X = $20.05
Selling price = $20.05
