Answer and Explanation:
The journal entry is shown below:
Cash $8,730
Sales Discount ($9,000 × 3%) $270
To Accounts receivable $9,000 ($10,000 - $1,000)
Here cash and sales discount is debited as it increased the assets and discount while on the other hand the account receivable should be credited as it reduced the assets
Answer:
The contribution margin per unit is $5.1
Explanation:
The contribution margin per unit is the amount from selling price per unit after deducting all the related variable costs per unit. This is the amount that each product contributes towards covering the fixed costs.
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<u />
<u>Contribution margin per unit:</u>
Selling price per unit 18.7
<u>Less : Variable cost per unit</u>
Direct material (7.05)
Direct labor (3.5)
Variable manufacturing Overhead (1.65)
Sales commission (1.00)
Variable Admin expense <u> (0.40)</u>
Contribution margin per unit 5.1
Answer:
Dual pricing strategy.
Explanation:
Dual pricing strategy: It is a pricing strategy to sell at one price in the local market and a different prices for the international market to customize the price of the product as per the market condition and cost incurred by the company. It is more sensitive toward market condition and it avoids standardizing the price in the global market to gain more demand of product and pricing could be used as a strategic weapon to penetrate the market or to gain more profit from the market.
Hence, Scooters Inc. is using dual pricing strategy.
Planning and organizing is how a project manager makes use of productivity tools and creates processes. The project manager may need to use certain tools and processes to do tasks like create a schedule and share information.
<h3>What is
Planning and organizing?</h3>
Planning and organizing serves as the managerial function that portray how how a project manager makes use of productivity tools and creates processes.
In this case, The project manager may need to use certain tools and processes to do tasks like create a schedule and share information.
Learn more about Planning and organizing on:
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Answer:
d. Income would increase by $40,000
Explanation:
Calculation to determine what the acceptance of the special order would affect net the income
Net income=(Additional unit price*Additional units)-(Variable cost *Additional units
Let plug in the formula
Net income = ($140× 1,000)-($100×1,000)
Net income= $140,000-$100,000
Net income=$40,000 Increase
Therefore If the company has sufficient capacity to produce the additional units, acceptance of the special order would affect net income as follows Income would increase by $40,000
