Answer:
B. raw materials inventory
Explanation:
A perpetual inventory system is a system in accounting records to ensures that the number of goods in a store or in storage facility is accurately and immediately reflected by the books
Answer:
$0.72
Explanation:
total direct materials = $125,000
total variable selling costs = $15,000
total variable costs = $140,000
variable cost per unit = $140,000 / 1,000 units = $140 per unit
contribution margin ratio = (sales price - variable cost) / sales price = ($500 - $140) / $500 = 72%
this means that per dollar of sales, $0.72 are left to cover fixed costs and contribute to operating income
The first phase of networking, in which you describe your business, is referred to as A.) EXCHANGE OF INFORMATION.
Exchange of information include information about the company, product, and its key goals, as well as, information regarding the potential networker.
Describing your business to potential networkers does not guarantee that they will automatically join the business, they need to think things over and after a few days, you need to do a follow-up.
This is an example of under employment, which is when people are employed less than full time or at a level that doesn't meet their financial needs or match their experience/education level.
Answer:
$54,000
Explanation:
For computation of Depreciation Expense for the year ending 31 Dec first we need to compute the depreciation under straight line method for the year which is shown below:-
Depreciation under straight line method for the year = (Cost - Residual value) ÷ Estimated useful life
= ($600,000 - $60,000) ÷ 10
= $540,000 ÷ 10
= $54,000
Depreciation expenses = (Depreciation under straight line method for the year ÷ 12) × From Jan 1 to Dec 31
= ($54,000 ÷ 12) × 12
= $4,500 × 12
= $54,000
