Answer:
$2800
Explanation:
First of all, the order received from Tinley High School has not been delivered by the end of November ,hence the value of the order is irrelevant for the purpose of calculating net accounts receivable at the end of November.
However, out of the goods of $3120 sold to Palos Middle School,$320 worth has been returned as defective,leaving a balance of $2800($3120-$320).
For Palos to be entitled to the discount of 2% they should have made payment by 24th November,which never happened,as a result the accounts receivable stay at $2800
The type of rationalization made by the employee is based on <em>other employee are </em><em>doing </em><em>it.</em>
Rationalization refers to when individual attempt to justify a behavior with logical reasons even though those reason are not appropriate.
- Here, the employee does rationalize giving free entry to her friend because other employee gives free popcorn to their friends.
Hence, the type of rationalization made by the employee is based on <em>other employee are </em><em>doing </em><em>it.</em>
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Answer:
consolidated balance sheet:
land 525,000
Explanation:
The Princeton's land will be valued at book value.
The Sheffield's land will be valued at market value as when Princeton acquired Sheffield the land was appraised at his market value.
So 500,000 x 75% = 375,000 land of Sheffield
<u>Total land:</u>
Princeton Land 150,000
Sheffield Land <u> 375,000 </u>
Total 525,000
Answer:
Direct labor time (efficiency) variance= $6,270 favorable
Explanation:
Giving the following information:
Standard= Direct labor 0.4 hours $ 11.00 per hour
Actual output 2,600 units
Actual direct labor-hours 470 hours
To calculate the direct labor efficiency variance, we need to use the following formula:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Standard quantity= 0.4*2,600= 1,040
Direct labor time (efficiency) variance= (1,040 - 470)*11
Direct labor time (efficiency) variance= $6,270 favorable
Answer: Free college credit courses in management
Explanation:
The Small Business Administration (SBA) is a Federal government agency that aims to help small businesses and entrepreneurs by providing them with resources to make them grow.
They have toll-free phone numbers that entrepreneurs and small businesses can call for advice, they have trading training programs and business development offices who offer advice and counsel on business techniques and they even free publications on business topics.
They do not however offer free college credit courses in management.