The total combined lifetime value of a company's current and potential customers is called _________

Stanky Company had the following journal entries related to production for the period Work-in-Process 11,500 Raw Materials 11,50

postnew [5]

Answer:

Stanky Company

The amount that would be reported for 'Adjusted' Cost of Goods Sold is:

= $22,045

Explanation:

a) Data and Calculations:

Debit Work-in-Process 11,500

Credit Raw Materials 11,500

Debit Manufacturing Overhead 7,500

Credit Cash and Payables 7,500

Debit Work-In-Process 8,500

Credit Wages Payable 8,500

Debit Work-In-Process 7,200

Credit Manufacturing Overhead 7,200

Debit Finished Goods 24,025

Credit Work-In-Process 24,025

Work-in-Process

Raw Materials 11,500

Wages Payable 8,500

Manufacturing Overhead 7,200

Total $27,200

Finished goods (24,025)

Balance of WIP $3,175

Finished Goods Inventory:

Beginning $1,980

Work-In-Process 24,025

Ending (3,960)

Cost of good sold $22,045

3 0

3 years ago

Trade policies Group of answer choices alter the trade balance because they alter imports of the country that implemented them.

a_sh-v [17]

Answer:

do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.

Explanation:

Trade policy explains rules, regulations, and standards that are relevant to trade relations between two countries. Trade policy is also called the Commercial policy.

Trade policies do not alter the trade balance because they cannot alter the national saving or domestic investment of the country that implements them.

7 0

3 years ago

Net requirements for component J are as follows: 60 units in week 2, 40 units in week 3, and 60 units in week 5. If a fixed-peri

agasfer [191]

Answer:

e. none of the choices.

Explanation:

Based on the scenario being described within the question it can be said that none of the choices are correct because this method focuses on obtaining an order quantity by fixing the quantity for a certain period of time, and calculating the total quantity of Net Requirements within the period. Therefore since the first week and week 4 are missing then none of these are correct, and since the information is not provided by choice answer d. is wrong too.

3 0

3 years ago

A firm's ___________________ are costs that increase as quantity produced increases. These costs often show ___________________

cestrela7 [59]

Answer:

Variable costs; Diminishing marginal returns; Fixed costs; Do not change.

5 0

3 years ago

The following information is from the 2017 records of Armand Music Shop: Accounts receivable, December 31, 2017 $43,000 (deb

Llana [10]

Answer:

The bad debt expense amounts to $ 10,680

Explanation:

The bad debt expenses for the year 2017 is computed as:

As the percent of sakes method is used for estimating the bad debt expense. Therefore, it is computed as:

Bad debt expense = Net Credit Sales × Estimate Percent

where

Net credit sales amounts to $178,000

Estimate percent is 6%

So, putting the values above:

Bad debt expense = $178,000 × 6%

Bad debt expense = $10,680

Therefore, the bad debt expense amounts to $10,680

7 0

3 years ago

The total combined lifetime value of a​ company's current and potential customers is called​ __________.

The total combined lifetime value of a company's current and potential customers is called __________.