Answer:
Dr Sale returns and allowance 500
Cr Account receivable 500
Dr Merchandise inventory 350
Cr Cost of goods sold 350
Explanation:
Since we were told that On October 4, Carr made a return of some of the merchandise in which the merchandize selling price was the amount of $500 while the cost of the merchandise returned was the amount of $350. This means that the Journal entry or entries in which Mutch must make on October 4 will be :
Dr Sale returns and allowance 500
Cr Account receivable 500
Dr Merchandise inventory 350
Cr Cost of goods sold 350
Answer:
This popular interview question helps interviewers and hiring managers get a sense of how your career goals align with the company’s goals. It also helps them gauge whether you’re likely to have a long tenure at their company or if you’ll probably leave after just a few months or a year on the job.
I hope it help you
Answer:
For the parties to connect, there seems to be no way.
Explanation:
Marketing should be about fulfilling the expectations and wishes of consumers, generating demand, influencing different players, requiring interaction that can be carried out by the other groups and individuals.
<u>For marketing, this same four components needed are:</u>
- Two or maybe more parties to expectations that are unmet.
- An appetite and capacity to be fulfilled on their part.
- A means enough for parties to connect.
- To share everything.
And according to the format prescribed throughout the problem, the business student realized he wanted a tutor for his performance to be enhanced. He discovered that throughout his local neighborhood, a wonderful teacher is readily accessible but uncertain of her identification to express it. He can interact with her towards his tuitions across multiple channels as she contributes to something like the surrounding community.
Answer:
a) Average Cost per unit = $63 / unit
b) Cost per unit below break point = $ 70 / unit
c) Marginal Cost for 650th Unit = $35 / unit
Explanation:
a) To calculate average cost per unit, we simply divide the total cost for the month $31500 by the total units shipped this month 500 units.
Average cost p.u = 31500 / 500 = $63 / unit
b) The breaking point is at 400 units. The cost for initial 400 units is twice that of the additional units after 400. So, we can say that in this case of 500 units, it takes 2x cost to test initial 400 units while x to test the later 100 units.
Thus,
- 31500 = 400 * 2x + 100 * x
So, plugging 35 in place of x,
the cost per unit below cost break = 2 * 35 = $70 / unit
c) Marginal cost of 650th unit is simply x that is $35 / unit
Answer:
(A.) the future tax rates have been enacted into law.
Explanation:
In case when the rate of tax instead of the current tax rate used to compute the deferred amount related to income tax for the balance sheet if the rate of future tax is enacted in law i.e means when the future tax rate imposed under the taxation rules and regulations
Therefore option A is correct and the other options are incorrect