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8_murik_8 [283]
3 years ago
7

Peterson Photoshop sold $1,300 in gift cards on a special promotion on October 15, 2021, and sold $1,950 in gift cards on anothe

r special promotion on November 15, 2021. Of the cards sold in October, $130 were redeemed in October, $325 in November, and $390 in December. Of the gift cards sold in November, $195 were redeemed in November and $455 were redeemed in December. Peterson views the probability of redemption of a gift card as remote if the card has not been redeemed within two months. At 12/31/2021, Peterson would show a deferred revenue account for the gift cards with a balance of:
Business
1 answer:
Anastaziya [24]3 years ago
4 0

Answer:

$1,300

Explanation:

Given that,

On November 15, 2021

sold gift cards = $1,950

Of the gift cards sold in November,

Redeemed in November = $195

Redeemed in December = $455

Therefore, the deferred revenue is as follows

= November sales - Redemptions

=  November sales - (Redeemed in November + Redeemed in December)

= $1,950 - ($195 + $455)

= $1,950 - $650

= $1,300

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$6 per machine-hour
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the budgeted indirect-cost driver rate for y based on the number of machine-hours is in excess of x by $10 per machine hour.

Indirect Costs
Any expense that is indirectly connected with two or more final cost objectives or an intermediate cost target rather than directly with a single, ultimate cost objective is referred to as an indirect cost. It is not considered to be a direct cost. Indirect costs are those that must still be assigned to the various cost objectives after direct costs have been identified and charged directly to the contract or other job. If additional costs incurred for the same purpose under comparable conditions have been included as a direct cost of that or any other final cost aim, no indirect costs may be assigned to that objective.

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7 0
1 year ago
Several firms are operating in a market where they take the other firms' response to their actions into account. This market is
Gnesinka [82]

Answer: An Oligopolistic market.

Explanation:

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In such a market the firms have to be very mindful of how their actions will impact that of their competitors because with such few competitors, they could easily lose customers if another oligopoly decides to change prices for instance.

They generally avoid doing so though because a price change by one will lead to a price change by others which would end up reducing the total amount that each firm makes as the prices will usually go downwards not up unless they collude.

8 0
3 years ago
A small publishing company is planning to publish a new book. The production costs will include one-time fixed costs (such as ed
den301095 [7]

Answer:

Break-even point in units= 2,984 units

Explanation:

Giving the following information:

The one-time fixed costs will total 49982. The variable costs will be $8.50 per book. The publisher will sell the finished product to bookstores for 25.25 per book

<u>To calculate the break-even point in units, we need to use the following formula:</u>

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Break-even point in units= 2,984 units

7 0
3 years ago
The managers at Harris Pizza in Boston have tracked the tips received by their drivers along with the total bill to the customer
Marina86 [1]

Answer:

Scatter Diagram.

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3 0
3 years ago
Peg and Al Fundy have a limited food budget, so Peg is trying to feed the family as cheaply as possible. However, she still want
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Answer:

A) we requiere to fulfill the Vitamint contrains or surpass them A => 12 C=>6

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Explanation:

We set up the situation in excel Solver with the following constraing:

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A    3 3 1 7

B    3 1 1 1

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common constraing:

C4 min

A1 = integer

B1 = integer

A) constraing

C2 => 12

C3 =>6

B) contraing to achieve the exact value for each vitamin:

C2 = 12

C3 =  6

4 0
3 years ago
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