Answer:
b) accounts receivable: sales.
Explanation:
When sales are made on credit, no cash is received, hence, the appropriate entries would be to record expectation of future cash receipt by debiting accounts receivable while sales revenue is credited because sales are recorded when entity has delivered goods to the customer and not necessarily when cash in respect of the sales has been received
Answer: Q = 6,440
Explanation:
Annual demand = D = 12,200
Setting up cost = O = $51
Production rate per year = P = Operating days × Producing capability
= 300 days a year × 100 per day
= 30,000
Holding cost per year = H = $0.05 per light
= 0.4
Therefore,
Optimal size of the production run, Q
= 6,440.49
Q = 6,440
Answer:
B. $105500
Explanation:
Calculation for What amount should Waterway Inc. record for the asset received
Asset received=$90,500+($120,500-$105,500)
Asset received=$90,500+$15,000
Asset received=$105,500
Therefore the amount that Waterway Inc. should record for the asset received is $105,500
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The marginal revenue is $0.5 which is being earned if the company sells one more pencil.
<h3>What is total revenue?</h3>
Total revenue is the amount being obtained by the firm after selling the goods and services in the market.
Given values:
Quantity sold: 10,000 units
Marginal quantity: 10,001 units
Equilibrium price: $0.50
Computation of marginal revenue earned:
Therefore, when the company sells one more pencil then it earned a marginal revenue of $0.50.
Learn more about the marginal revenue in the related link:
brainly.com/question/13563292
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