Answer:
c. variable selling and administrative expenses
Explanation:
On the variable costing income statement, the figure representing the difference between manufacturing margin and contribution margin is the <u>variable selling and administrative expenses.</u> Variable cost is comprised of cost of goods sold and selling and administrative expense when we deduct cost of goods sold from sales we get manufacturing margin and when we deduct further selling and administrative expense we get contribution margin.
Answer:
The pricing tactic used by Sunny pines to encourage camping during the months of September and October is SEASONAL DISCOUNTS.
Explanation:
Seasonal discounts are also a type of discount where customers are offered products and services at a reduced or lower price. Various business use this type of discount to boost the sale of their products and services. Sunny pines is also doing the same thing , they're offering seasonal discounts to customer for the month of September and October , when the weather is not favorable for camping, so by doing this they are trying to increase sale of their products and services in a time when usually there is not that much of customers available.
Answer:
will decrease by 40 units.
Explanation:
In supply function for good X the Price of W is Doubled. So any changein the price will increase the PW by double amount. The two times of price of good Y is subtracting from the supply function and price of the W will ultimately decrease the quantity demanded by double effect of each one dollar increase in it. So the supply of good X will decrease by 40 units.
21.27*40= Annual premium is 850.8 51% of 850.8 is 433.9 ---> semi annual his quarterly is 26% of 850.8 so 221.2 and finally his monthly premium is 9 percent of 850.8 so it's 76.57
Answer:
Dr Retained earnings $294,000
Cr Dividends payable $294,000
Explanation:
The total amount of dividends declared on December 31 2019 is computed thus:
dividends declared=number of common stock issued*dividend per share
number of common issued is 210,000
dividend per share is $1.40
dividends declared=210,000*$1.40
= $294,000.00
The journal entries to the record the $294,000 is to debit retained earnings since dividend is a reduction to retained earnings which is a component of equity capital and a credit to dividends payable account.
