Answer:
$44,100
Explanation:
Given that,
Number of bags sold during the month of June = 4,500
Selling price of each bag = $10
Expects percentage of sales returned = 2% of sales
Total revenue = Sales - Sales returned
= (4,500 × $10) - (2% × 4,500 × $10)
= $45,000 - $900
= $44,100
Therefore, the revenue should CatManDoo recognize in June is $44,100.
Answer:
D. They oversee some waterways.
The FCRA is a law established to regulate credit reporting agencies and make sure the information they use in determining a consumer's credit score is accurate and fair, and also doesn't rely on private protected information.
Answer:
C. Strategic plan
Explanation:
Strategic planning involves developing a business strategy, method of implementing the business strategy and finally evaluating the business strategy in order to see if it has achieve its goal. It is characterized by strategy formulation, implementation and evaluation. In this case, Kia is contributing to the strategic plan by allocating company's resources to meet the long term goals of the company and defining long term activities, that is, developing a business strategy.
Answer:
$2,400
Explanation:
The computation of the depreciation expense under the activity-based depreciation method is shown below:
= (Original cost - residual value) ÷ (estimated production units)
= ($12,000 - $4,000) ÷ (20,000 units)
= ($8,000) ÷ (20,000 units)
= $0.4 per unit
Now for the first year, it would be
= Production units in first year × depreciation per unit
= 6,000 units × $0.4
= $2,400