Joelle consumes food and garb. for earning near her modern-day income, her earnings expansion direction is negatively sloped. <u>Increasing </u><u>much less of 1 god whilst profits growth implies consuming extra of the opposite three .at the least one proper must be every day.</u>
The term “profits” commonly refers to the quantity of money, property, and different transfers of price acquired over a set time period in change for products or services. there may be no unmarried, preferred definition: earnings are described consistent with the context in which the idea is used.
Three of the main varieties of profits are earned passive, and portfolio. Earned income consists of wages, salary, tips, and commissions. Passive or unearned earnings may want to come from condominium homes, royalties, and restricted partnerships. Portfolio or funding income includes interest, dividends, and capital gains on investments.
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Answer:
The correct answer is letter "C": direct labor dollars, direct labor hours, and machine hours.
Explanation:
The allocation base is the method of assigning overhead costs to the source that causes it. More often, the allocation base is used for goods being produced in the manufacturing industry. In case the allocation base has properly been applied, changes in the allocation costs will not have a major impact on the costs of the source.
<em>Examples of allocation bases are assigning costs of Human Resources (HR) according to the number of employees in each administrative department or direct labor dollars, direct labor hours, and machine hours in production.</em>
Answer: D. introduction, growth, maturity, and decline.
Explanation: The life cycle of products are divided into for stages. And it is the entirety of the process wherein a product is brought to a market, grows in popularity and demand, and is then removed from the market as demand drops gradually to zero.
These stages include:
1. Introduction - is characterized by a low growth rate of sales as the product is newly launched. Demand is very low and consumers may not know much about the product.
2. Growth - the public becomes increasingly aware of the product; demand, sales and revenues begin to increase.
3. Maturity - sales gets to its peak. This is because the product reaches market saturation, and competition with other similar products grows increasingly fierce.
4. Decline - sales, growth, begins to shrivel up, profits decline, competition still remains high, and the product ultimately reaches its ‘death' and is recalled from the market or production stopped entirely.
Part 1. The problem with the manager asking for an adjustment of the bad debt loss to meet the desired bonus is that it is <u>unethical</u>.
<h3>What is ethical accounting?</h3>
Ethical accounting follows the specific rules of the accounting profession and not the personal biases of management.
Accounting ethics deals with the following principles:
- Integrity
- Objectivity
- Professionalism,
- Confidentiality
- Professional competence and due care.
Part 2. The amount that would be recorded as the bad debt expense is $10,560
<h3>Data and Calculations:</h3>
2% of $33,000 = $660
5% of $14,000 = $700
10% of $22,000 = $2,200
25% of $12,000 = $3,000
40% of $10,000 = $4,000
Total $10,560
Part 3. The bad debt expense for the year would be $10,560 if there were no previous balance of the allowance for doubtful accounts.
Part 4. Since the required information is lacking, we can conclude that it is unethical behavior if the bad debt expense must be adjusted to meet the desired bonus target.
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D. Any monies left after expenses is known as profit
