Answer:
c. hybrid combination
Explanation:
Based on the information provided within the question it can be said that Ichabod Industries probably uses the hybrid combination organizational structure. This term refers to a company that uses various organizational designs within the single organization. Which is what Ichabod Industries is doing by having various different divisions as part of it's industry.
Answer:
$237,855
Explanation:
Opening inventory = $157,000
Purchases = $502,900
Sales revenue = $649,300
gross profit = 35% of sales
= 35% × $649,300
= $227,255
cost of goods sold = $649,300 - $227,255
= $422,045
Opening inventory + purchases - cost of goods sold = closing inventory
$157,000 + $502,900 - $422,045 = closing inventory
closing inventory = $237,855
An estimate of Coronado’s April 30 inventory that was destroyed by fire is $237,855
In my opinion, introductions can be made by a persons background in general, for example, lets say that there is someone that applies for a job at your business and your business gives people their own personal work vehicle and the person applying for the job has many tickets on their record for speeding. I don't think id want someone like that working for me, nonetheless, when it comes to cultural background as into worshiping any sort of religion, as long as it doesn't interfere with work relations, Id say...
<u>True </u> Introductions should be conducted the same way regardless on someones cultural background.
Answer:
Should Manny send his client the bill in December or January?
Send the bill in January because in cash method accounting recognized when payments are made.
In december he recognized only income because is in advance.
Explanation:
The cash method of accounting requires that sales be recognized when cash is received from a customer, and that expenses are recognized when payments are made to suppliers.
Answer and Explanation:
The computation of the number of equivalent units for direct material and conversion cost is shown below:
For materials
= units started and completed × completion percentage + ending work in process inventory × completion percentage
= (24,400 - 1,160) × 100% + 1,280 units × 100%
= 23,240 units + 1,280 units
= 24,520 units
For conversion
= Opening work in process inventory × remaining percentage + units started and completed × completion percentage + ending work in process inventory × completion percentage
= 1,160 units × 70% + (24,400 - 1,160) × 100% + 1,280 units × 60%
= 812 units + 23,240 units + 768 units
= 24,820 units
