Answer:
Step cost
Explanation:
Airline company charging for bags is a type of step cost. Step costs are costs that remain fixed within a stipulated range, thereafter which it changes.
For a particular level of activity, cost remains the same. After this level is crossed, cost is increased to accommodate additional charges that the company has to bear.
In this case, cost remains same between 0 and 50 lbs weight of bag that is $25. If the weight of bag is beyond 50 lbs, then charges increase to $75. This is an example of step cost.
Answer:
$1.446 million
Explanation:
Depletion cost per unit = (Total ore extracted in the first year / total amount of ore ) x cost of mine
(7.23 million/ 37.93 million ) x $7.5860 million = $1.446 million
I hope my answer helps you
Answer:
Sales contest.
Explanation:
In this scenario, every monday during the month of December, salespeople who had the highest sales the previous week participated in a package surprise, where each would receive a package containing either a $50 or a $100 bill. This short-term incentive is known as a sales contest.
A sales contest can be defined as a short-term incentive program developed or created by a business entity to motivate its sales personnels in order to achieve specific sales objectives and targets.
<em>Basically, it is mainly competitive so as to motivate and stimulate salespeople to meet set objectives, goals and targets by duly rewarding with prizes. </em>
Answer:
Dr Land account 90,000
Cr Preferred Stock account 81,250
Cr Paid-in Capital in Excess of Par Value - Preferred Stock account 8,750
Explanation:
When preferred stock is sold, the transaction must be recorded at par value in the preferred stock account. Any amount of money received over par value, must be recorded in the paid-in capital in excess of par value - preferred stock account.
