Answer:
Explanation:
The preparation of the CVP income statement is shown below:
Bramble Inc
CVP income statement
For the quarter ended March 31, 2020
Sales (A) $2,059,000
Variable cost
Cost of goods sold $765,000
Selling expenses $96,500
Administrative expenses $83,700
Total Variable cost (B) $945,200
Contribution margin (A-B) / C $1,113,800
Fixed expenses
Cost of goods sold $607,000
Selling expenses $66,000
Administrative expenses $73,000
Total fixed cost (D) $746,000
Net income (C-D) $367,800
Answer:
d. Another CPA firm
Explanation:
A peer review of accounting and auditing practice is required one time every three years for each firms that are enrolled in the American Institute of CPAs (AICPA) Peer Review Program.
The peer review program is supervised by the AICPA but it is carried by an independent evaluator licensed to practice as a CPA, that is, another CPA firm, and approved to carry out the task by the AICPA. The independent evaluator is therefore called the peer reviewer.
Answer: The price that Liliana will pay for shipping the furniture may be higher than the amount she saved.
Explanation:
Liliana wants a new furniture for her apartment which she found on the website of the manufacturer. From the information given in the question, we were informed that she will save $500 when she buys from the manufacturer directly.
From the information provided, the deal is good since she'll save $500 but the only thing that might stop her from making the purchase is when the shipping fee is more than the $500 she'll save. In that case, buying the furniture isn't really worth it as other options may be considered.
The statement is true. The present value of a future sum decreases as either the discount rate or the number of periods per year increases, other things held constant.
Future cash flows are reduced by the discount rate, so the higher the cut price fee the lower the existing fee of the destiny coins flows. A lower discount rate leads to a higher present value. As this implies, whilst the discount price is better, cash in the future will be worth less than it's far nowadays.
Preserving other factors steady, as the interest price will increase, the present cost of an quantity to be received at the end of a fixed duration decreases. This means at a higher hobby price the present value of a future cash float falls. Decrease the prevailing price is. inversely related. growing the discount price decreases the present price and vise versa. Future value of that investment.
The prevailing value of a destiny lump sum decreases as the discount fee used decreases, All else held constant. the present cost and discount rate are inversely associated. If the destiny cost and the range of periods are held steady the prevailing price will lower as the cut price rate increases.
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If a unionized company has a(n)<u> open </u>shop, the workers do not have to join the union, and they do not pay dues or fees to the union.
A unionized workplace is a process by which a company's employees are organized into trade unions, which act as intermediaries between employees and managers. In most cases, a majority vote of workers is required to approve a union.
An organized workplace is a stable workplace. Unionized workers typically enjoy more secure employment than non-union workers and often receive more favorable compensation and benefits packages. As a result, union members may be reluctant to leave the company for other opportunities, especially to move to a non-union environment.
Unionized workplaces have unions. A union is an organized group of workers, usually led by a union leader. The union is affiliated with the Confederation of Trade Unions of America, which oversees and supports union activity in a variety of industries, including education, manufacturing, skilled labor, and entertainment.
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