Answer:
[(Accounts receivable at the beginning of the year + $138,000) - $144,000] - cash realizable value at the beginning of the year
Explanation: The question is incomplete but just apply the missing figures: [(Accounts receivable at the beginning of the year + Sales on account - Collections on account - write off) - bad debt] - cash realizable value at the beginning of the year
[(Accounts receivable at the beginning of the year + $390,000 - $230,000 - $22,000) - $144,000] - cash realizable value at the beginning of the year
The principle of open opportunity in the marketplace means that anyone who wants to put up a business is welcome to do so. However, the success of his business rests entirely on how well it is received in the market.
Guaranteeing success to everyone in the marketplace is impossible. Competition is always present. Demand and supply can be affected by factors beyond human control.
Services are actions that you purchase for someone to do for someone else. Basic examples of services are tutoring, hair cuts, car repairs, medical appointments, cleaning service, tech support.
Goods are tangible items that can be physically owned while most services are intangible.
Answer:
the total period cost for the month under variable costing is $52,610
Explanation:
Under Variable Costing Period Cost consist of, All Non-Manufacturing Costs and Fixed Manufacturing overheads.Fixed Manufacturing overheads are included in product costs only in full costing.
<u>Calculation of Total Period Costs :</u>
Variable selling and administrative expense ($ 14×1,010) $14,140
Fixed selling and administrative expense $22,220
Fixed manufacturing overhead $16,250
Total $52,610
Answer:
C. Identify Requirements
Explanation:
Individuals who are assigned the responsibility of resource management should first of all identify resource requirements.
Identification of requirements relates to the quantum of resources required, the place where they are required and the recipient of those resources.
Resource needs and requirements change from time to time as per the situation. Resource requirements mean the quantity and the kind of resources that would be required for completion of a project.
Thus, Identify Requirements determines the type, quantity, receiving location and the users of those resources.
