The 4 P's:
Price - cost of the product
Product - the type of good being sold
Place - how the product will get to the consumer (store, internet, etc)
Promotion - what marketing activities will be used to communicate the product (advertising, sales, etc)
Answer:
Correct answer is:
Debit Salaries Expense $840
Credit Salaries Payable $840
Explanation:
2 employees each paid at $ 210 per day so daily salary expense is $210*2 = $420.
The accounting period ends on Tuesday and both employees work for Monday and Tuesday so the 2 days salaries expense is $420*2= $840.
As the salaries are paid on every Friday so there is a liability on a company for the 2 days salary payable to be recorded on accounting period close date i.e Tuesday.
I would say the answer is D
Answer:
d. the value of total product minus raw materials costs.
Explanation:
The price of the product multiplied by the quantity produced is the revenue.
Total sales revenue divided by the quantity produced gives the price of the product.
I hope my answer helps you
Answer:
a. contribution margin divided by sales
Explanation:
The contribution margin ratio is the relationship between contribution and sales. The contribution margin ratio is determined by dividing contribution with the sales amount.
