Answer:
The 10 possible costs in owning and running a tennis shoes factory are:
1) Rent - fixed , 2) electricity and other utility bills - fixed, 3) salaries of workers- fixed, 3) Shoe laces- variable, 4) cost of leather - variable, 5) cost of rubber -variable, 6) synthetics used in shoes - variables cost 7) depreciation on tools and machinery - fixed, 7) cost of fabric used in shoemaking - variable, 8) Advertising cost - fixed 9) Insurance - fixed. 10) cost of plastic foam - variable.
Explanation:
Fixed cost are the expenses that do not vary with the changes in the level of output within a period of time. It remains the same and fixed.
Whereas, variable costs are the expenses which keeps on changing with the change in level of output produced. They are flexible and keeps on changing depending upon the level of output.
Answer:
A. an overstatement of net income and an understatement of liabilities.
Explanation:
Answer:
quality when quality cannot be easily judged
Explanation:
Based on the information provided in this scenario it seems that the Sheraton brand-name is likely to be used as a signal of quality when quality cannot be easily judged. Meaning that the company included the Sheraton hotel along with the list of other hotels because they do not know the quality of that specific hotel in that specific location, even though "Sheraton" is known worldwide as a luxury hotel business.
Answer:
A
Explanation:
I'm pretty sure
Organization goals are the long term goals for their desired future and their future
Answer:
1. $565,000 and $166,600
Explanation:
In case of recording sale instead of lease the interest should be computed on Cash selling price instead of cost of the equipment
.
Interest income = ($4,965,000 - $800,000)*8%*6/12
= $166,600
As $800,000 is due in July 1
Profit = $4,965,000 - $4,400,000
= $565,000
Therefore, The amount of profit on the sale and the interest income that Koenig would record for the year ended December 31, 2018 is $166,600 and $565,000.
