Answer:
Net loss $100,000
Explanation:
<em>The relevant cost for decision to accept the special order are
</em>
<em>I Incremental Revenue from the special order
</em>
<em>2. incremental variable cost</em>
<em>Note that whether or not the special order is accepted the fixed manufacturing and fixed operating expenses of would be incurred either way. Therefore , they are not relevant for the decision</em>
<em />
Variable cost cost= 40 +10= 50
Sales revenue from the special order $
(45 × 20,000) 900000
Variable cost of the special order (50× 20,000) <u>(1,000,000 ) </u>
Net loss <u>100,000</u>
Answer: means test benefit
Explanation:
A means test is used to determines whether an individual or a household will be eligible to get some payments or benefits.
An example is the one illustrated in the question whereby President Waldhart proposes that anyone making over $150,000 would receive no benefits.
Answer:
Business
Explanation:
A business is defined as an organization or enterprising entity engaged in commercial, industrial, or professional activities. ... The term business also refers to the organized efforts and activities of individuals to produce and sell goods and services for profit.
Answer:
Journal Entry
Dr. Bad Debt Expense $16,835
Cr. Allowance for Doubtful Accounts $16,835
Explanation:
Allowance for Doubtful Accounts is normally has credit balance because it is a contra asset account which is adjusted against the Account Receivable. As per given data the Allowance for Doubtful Accounts has debit balance. At the end of the year this account should show the credit balance by 3.5% of Closing receivables. So, we need to adjust this debit balance and the 3.5% Allowance for the year as well.
Allowance for the year = Accounts receivable balance x 3.5% = $ 443,000 x 3.5% = $15,505
Expense for the year = $15,505 + 1,330 = $16,835
Answer: (A) Benefit segmentation
Explanation:
The benefit segmentation is one of the type of market segmentation process in which the the market is divided into the different types of group on the basis perceived values and the similar benefits of the products.
We can also divide or segmentation the market on the following basis that are as follows:
- Customer service
- On the basis of quality
- Performance
- Features
According to the given question, the Fast food is one o the type of company which uses the business strategy by dividing the market for the purpose of increases the productivity and growth of the company by using the benefit segmentation process.
Therefore, Option (A) is correct answer.