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3 years ago

Private enterprise is most unlikely associated with

Business

1 answer:

Nutka1998 [239]3 years ago

6 0

A because capitalism is FREE enterprise and public companies don’t relate to either of them

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Situations where an individual is required to define right and wrong conduct are termed ________.

koban [17]

Answer:

The right option is option b, which is Ethical dilemmas

Explanation:

Ethical dilemmas are situations in which there is a choice to be made between two options neither of which resolved the situation. It is a decision making problem which is between two possible moral imperatives.

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3 years ago

Kincaid Company provided consulting services of $2,500 to a customer who paid $1,300 and promised to pay the remainder next mont

Anon25 [30]

Answer:

B. Cash 1,300 Dr, Accounts Receivable 1,200 Dr, Consulting Revenue 2,500 Cr

Explanation:

Kincaid Company

Journal Entry

Date Description Debit Credit

Cash $1,300

<em>Accounts Receivable $1,200</em>

Consulting Revenue $2,500

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3 years ago

Harrison Enterprises currently produces 8,000 units of part B13. Current unit costs for part B13 are as follows: Direct material

Yakvenalex [24]

Answer:

It is cheaper to make the part in house.

Explanation:

Giving the following information:

Harrison Enterprises currently produces 8,000 units of part B13.

Current unit costs for part B13 are as follows:

Direct materials $12

Direct labor 9

Factory rent 7

Administrative costs 10

General factory overhead (allocated) 7

Total $45

If Harrison decides to buy part B13, 50% of the administrative costs would be avoided.

To calculate whether it is better to make the par in-house or buy, we need to determine which costs are unavoidable.

Unavoidable costs:

Factory rent= 7

Administrative costs= 5

General factory overhead= 7

Total= 17

Now, we can calculate the unitary cost of making the product in-house:

Unitary cost= direct material + direct labor + avoidable administrative costs

Unitary cost= 7 + 5 + 5= $17

It is cheaper to make the part in house.

3 0

3 years ago

Required : You are to prepare the Arc's federal income tax return in good form . You are not to complete an Ohio state income ta

Oduvanchick [21]

D
D
D
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S
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As
Dssss

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4 0

3 years ago

Read 2 more answers

Garden Corporation uses cost-plus pricing with a 30% mark-up. The company is currently selling 12,000 units at $21.45 per unit.

mel-nik [20]

Answer:

$23.44

Explanation:

The computation of profit charge per unit for earning same annual profit is shown below:

Given that

No of Units Sold = 12,000

Sale Price of each Unit = $21.45

Variable Cost = 11.50

So,

Contribution Per Unit is

= Selling price per unit - variable cost per unit

= $21.45 - $11.50

= $9.95

So,

Total Contribution is

= 12,000 units × $9.95

= $119,400

And,

Fixed Costs for the year is $60,000

So, the Profit for the year is

= Contribution margin - fixed cost

= $119,400 - $60,000

= $59,400

Now If the demand for the product falls to 10,000 Unit

So we assume Number of units expected to be sold is10,000

Since Variable cost Per Unit is 11.50

So, the Total Variable Cost is

= 10,000 units × $11.50

= $115,000

And,

Fixed Cost per annum $60,000

Expected Profit $59,400

So, the total amount is

= $115,000 + $60,000 + $59,400

= $234,400

So, the price per unit charged is

= $234,400 ÷ 10,000 units

= $23.44

3 0

3 years ago