Answer:
January cost allocated 9,900
February cost allocated 11,790
Explanation:
We will allocate the representative cost over the expected customer complaints during 2018:
$ 15,975 per month x 12 months / 21,300 complaints per year = $9 per complain solved
January processing customer complaints expense:
1,100 customers x $9 = $ 9,900
February processing customer complaints expense:
1,310 customers x $9 = $ 11,790
Answer and Explanation:
The adjusting entry is shown below:
a.
Salaries expense ($25,500 ÷ 5 days) $5,100
To salaries payable $5,100
(being the salary expense is recorded)
Here the salaries expense is debited as it increased the expense and credited the salary payable as it also increased the liabilities
b.
Salaries expense ($25,500 ÷ 5 days × 4 days ) $20,400
To salaries payable $20,400
(being the salary expense is recorded)
Here the salaries expense is debited as it increased the expense and credited the salary payable as it also increased the liabilities
Answer:
- <em>Underestimating your income is a conservative and healthy measure that can avoid financial problems.</em>
Explanation:
<em>Underestimating</em> your <em>income</em> is a conservative and healthy measure, such as it is overestimating your expenses.
Specially when your income is variable iit can be hard to predict. You will be safer both if your income lowers or your unpredictable expenses increase.
There are many unpredictable situations that could put you in a difficult situation: a disease, a natural disaster, the need to help a family member or friend in trouble. If any of these unfortunate circumstances arises and your budget is too tight, you could see yourself in financial trouble.
But, if you if all is smooth you will have in a happy situation, you will have a surplus which can use for savings, for an important purchase, or for vacations.
It is better to be cautious than to regret later!
Answer:
The options are:
A $34,850.
B $163,350.
C $128,500.
D $188,200.
$ 163,350.00,option B is correct
Explanation:
At the beginning of the current year ,the stockholders equity is the difference between total assets of $877,000 and total liabilities of $748,500 i.e $128,500
.
However,the increase or decrease to stockholders' equity in the current year is the difference between increase in total assets of $59,700 and the the increase in liabilities of $24,850 i.e $ 34,850.00
Hence stockholders' equity=the initial stockholders' equity+increase=$128,500+$ 34,850=$ 163,350.00
Answer:
Option "A" is the correct answer to the following question.
Explanation:
Test marketing is a type of experiment conducted in a particular type of testing market or testing laboratory in which individuals participate to practice and experiment with new types of goods and services.
This process is done to understand the quality and social evaluation of its use before delivering that particular product to the final market.
After testing the Lawnmover in presentation status, it is also sent to the test market.
