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Orlov [11]
3 years ago
14

Which statement indicates that a personal computer is a good and not a service

Business
1 answer:
dangina [55]3 years ago
7 0
The answer is (a). Goods can be touched, while services are providing labor and cannot be touched. For example, you cannot touch a haircut, while you can touch a burger.
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The manufacturing costs of Mocha Industries for three months of the year are as follows: Total Cost Production April $60,226 1,3
Anton [14]

Answer:

Variable cost per unit = $4.60

Explanation:

To calculate the element of variable cost in a mix cost using high-low method, we need to take the cost of the highest activity level and subtract the cost of the lowest activity level from it and divide the answer by the difference between the highest and the lowest activity levels.

<u>High-low method</u>

  • Variable cost per unit = (Highest Activity Cost - Lowest Activity Cost) / (Highest Activity Units - Lowest Activity Units)

  • Variable cost per unit = (66436 - 60226) / (2660 - 1310) = $4.60 per unit
3 0
4 years ago
For the most recent year, Camargo, Inc., had sales of $546,000, cost of goods sold of $244,410, depreciation expense of $61,900,
Dovator [93]

Answer:

Explanation:

As we know that time interest earned ratio = Income before interest and taxes / interest expense.

Sales                                                                                           = 546000

less: cost of goods sold                                                            =  (<u>244410</u>)

            Gross profit                                                                       301590

Less: <u>expenses</u>

          Depreciation expense                                                      =( <u>61900   </u>)    

         Profit before interest and taxes                                         239690

Less: tax

      (239690 * 23%)                                                                =   (<u>55128</u>)            

                         Profit                                                                   184562

Profit - Retained earning Addition  = Interest

      184562 - 74300 = 110262.

Interest earned ratio = 239690 / 110262 = 2.17 times  

7 0
4 years ago
Which is not a mandatory subject matter for good-faith bargaining? a. seniority b. insurance c. pension plans d. strike vote e.
maksim [4K]

Answer:

The correct answer is letter "D": strike vote.

Explanation:

Collective Bargaining is the act by which employees organized in labor unions negotiate with employers (mainly managers) about compensations and work conditions. <em>Wages, working hours, merit pay, </em>and <em>vacation length</em>, are common topics of discussion between the two parties.

<em>A strike is the stop of operations of a company because of unattended labor union request. The decision of going on a strike or not relies merely on the union and the </em><u><em>strike vote</em></u><em> is subject to that group only.</em>

4 0
3 years ago
On January 2, 2021, L Co. issued at face value $20,000 of 4% bonds convertible in total into 1,000 shares of L's common stock. N
Eduardwww [97]

Answer:

$1.3

Explanation:

The computation of diluted earnings per share is shown below:-

a. Statement showing adjusted net profit

Net income                                            $2,000

Interest expenses                                  $800

($20,000 × 4%)

Less: Tax relating to interest expense $200

($800 × 25%)

Adjusted Net profit                                 $2,600

b. Statement showing weighted average number of common stock shares

Shares of common stock        1,000

Debentures converted into

common stock shares             1,000

Total number of weighted

shares                                       2,000

Therefore,

Diluted earning per share = Adjusted net profit ÷ Number of weighted average shares

= $2,600 ÷ 2,000

= $1.3

Therefore for computing the diluted earning per share we simply applied the above formula.

5 0
3 years ago
Jo's Market makes a credit sale for $1,000 with terms of 2/10,n/30. The cost of the merchandise is $400. The required journal en
Westkost [7]

Answer:

The answer is: debit Accounts Receivable $1,000; credit Sales $1,000; debit Cost of Goods Sold $400; and credit Merchandise Inventory $400

Explanation:

The journal records should be:

  • Dr Accounts receivable 1,000
  • Cr Sales revenue 1,000

  • Dr Cost of goods sold 400
  • Cr Merchandise inventory 400

Accounts receivable is an asset account, and when assets increase they are debited.

Sales revenue is a revenue account, and when revenue increases it is credited.

COGS is an expense account, and when expenses increase they are debited.

Merchandise inventory is an asset account, and when assets decrease they are credited.

7 0
3 years ago
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