Answer:
Weighted average unit contributIoN = $17
Explanation:
<em>Weighted average contribution margin</em> is applicable where a business sells more than one product in a constant mix or proportion. It gives an idea of how much is made on the average as contribution from th sale of a unit.
It is determined as follows
<em>Step 1</em>
<em>Contribution per unit</em>
Contribution per unit = selling price - unit variable cost
Sleek Smooth Potent
Selling price 30 50 70
Variable cost <u>(18) (30) (45)</u>
Contribution ($) 12 20 25
<em>step 2</em>
<em>weighted average unit contribution</em>
= (50%×12) + (30%×20) + (20%×25)
= $17
Answer:
Debit the Service revenue account $69,200; Credit the income summary account $69,200.
Explanation:
Temporary accounts includes:
1) Revenue, income and gain accounts
2) Expense and loss accounts
3) Income summary account
4) Dividend, drawing or withdrawal account
In the given question, the closing entry only for revenue account is required. The correct entry will be Debit the Service revenue account $69,200; Credit the income summary account $69,200.
B. Superiority of certain races. Which often results in discrimination and prejudice towards people based on their race or ethnicity
The question is incomplete:
A borrowers expresses concern that once he signs all the documents he will be stuck with a second mortgage. A good response by a Notary Signing Agent could be to:
a. Recommend that the borrower contact his lender’s representative and provide the phone number
b. Suggest the borrower stop, take a few days to reconsider, and then reconvene once the borrower feels more comfortable
c. Recommend that the borrower sign documents now and then cancel the loan within three days if the borrower is still concerned
d. Assure the borrower that the borrower’s loan term are excellent and should continue
Answer:
a. Recommend that the borrower contact his lender’s representative and provide the phone number
Explanation:
As the borrower is concern that he will be stuck wit a second mortgage, a good response is to contact his lender's representative as that would be the appropiate person to help him understand all the conditions on his mortgage and be sure that they are good and that he will be able to pay back the loan.
The other options are not right because the borrower should reconsider but he needs to talk to the lender's representative to get all the information to be able to make a decision, he shouldn't sign the documents if he is not sure and a Notary Signing Agent is not the appropiate person to talk about the loan terms.
Answer: Follow up with a letter that documents the call and promotes goodwill.
Explanation: The given case, belongs to the public relations concept under which the company tries to interact better with their customers, so that the customers enjoy a healthy experience and the image of the company remains positive.
The proper way to address a complaint call is to follow up by giving a letter stating the explanation apologies, excuses shall not be mentioned and assurance should be provided that such action would not be taken in future.