Answer:
$39,892
Explanation:
The computation of the cost of the truck is shown below:
= Negotiated purchase price of the delivery truck + Installation cost of special shelving + Painting and lettering cost + Sales tax
= $34,200 + $2,810 + $830 + $2,052
= $39,892
The motor vehicle license and the annual insurance policy is an annual cost expense which is not considered for computing the cost of the delivery truck. Hence, ignored it
Answer:
Product Labeling
Explanation:
Product labeling serves as a form of education to existing and potential clients. Product labeling activities also helps improve the brand reputation of a product or service. Labeling also helps marketing professional to persuade prospective buyer of products, to make a buying decision.
Answer:
Here's what I know.
Explanation:
Comparative cost talks about the difference or similarities in cost between two or more prices of good or services.
The advantages of international trade are...
1. It creates harmony between countries.
2. It encourages countries to manufacture their own products.
3. It is a source or income/revenue to the producing countries.
4. It is a good employment opportunity.
5. It improves a country's standard of living.
Hope these help... ♥
Answer:
Cash sales = $233,200 × (100 ÷ 106)
= $220,000
Credit sales = $153,700 × (100 ÷ 106)
= $145,000
Sales tax revenue = ($220,000 + $145,000) × 6%
= $21,900
Therefore, the Journal is as follows:
Sales tax revenue A/c Dr. $21,900
To sales tax payable $21,900
(To record the sales tax payable)
True. Concerts in arenas are not excludable because it is virtually impossible to prevent someone from seeing the show.
As long as the arena is outside, people can sit in their cars or on a chair outside and hear the show without paying for admission to get inside. Because they are unable to prevent everyone from hearing it, it is non-exludable. Likewise, if the concert was held inside, it would be excludable because those who aren't paying can not see/hear the show.
