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bekas [8.4K]
3 years ago
13

Tickets Now contracts with the producer of Riverdance to sell tickets online. Tickets Now charges each customer a fee of $4 per

ticket and receives $10 per ticket from the producer. Tickets Now does not take control of the ticket inventory. Average ticket price for the event is $150. How much revenue should Tickets Now recognize for each Riverdance ticket sold?
Business
1 answer:
gogolik [260]3 years ago
4 0

Answer:

$14

Explanation:

Fee from customers = $4

Fee from producer = $10

Total Fee income received = 10+4 = $14

$14 should be recognized as income for each Riverdance ticket sold.

Ticket Now has sold the ticket (which is assumed to be nonrefundable) and it has performed what is required (to sale the tickets), so recognize the revenue of $14.

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Ahngram Corp. has 1,000 defective units of a product that cost $3.30 per unit in direct costs and $6.80 per unit in indirect cos
OLga [1]

Answer:

If the units are reworked, income will increase by $5,800.

Explanation:

Giving the following information:

Number of units= 1,000

Sell as-is= $4.3

Rework cost= $2.8

Selling price= $12.9

<u>Because the original cost will remain constant in both options, we will not take them into account.</u>

Sell as-is:

Effect on income= 1,000*4.3= $4,300

Rework:

Effect on income= 1,000*(12.9 - 2.8)

Effect on income= $10,100

If the units are reworked, income will increase by $5,800.

4 0
3 years ago
Researchers assess the value of a project by comparing the Blank______ of answering some of their questions and the Blank______
-BARSIC- [3]

It should be noted that Researchers assess the value of a project by comparing the benefits of answering some of their questions as well as the cost associated with conducting the research.

<h3>What is a project?</h3>

A project  can be regarded as an undertaking which is been carried out collaboratively and entail research or design, that is carefully planned to achieve a goal.

It is necessary for a Researchers to assess the value of a project by comparing the benefits of answering some of their questions .

Learn more about a project at;

brainly.com/question/4771644

7 0
2 years ago
The balance shown in the August bank statement of Colt Company was $23,200 before the bank reconciliation was prepared. After ex
anastassius [24]

Answer:

The answer is letter D

Explanation:

$20.600

5 0
3 years ago
Amy wants to move a paragraph in her document from the middle to the end. How can she do that?
Sav [38]
Copy and paste it to where it's needed

?



4 0
2 years ago
Read 2 more answers
Wiki Wiki Company has determined that the variable overhead rate is $4.50 per direct labor hour in the Fabrication Department. T
stellarik [79]

Answer:

Monthly factory overhead flexible budget

                                          9000 HRS              10000 HRS              11000 HRS

Variable Overhead                40,500                  45,000                    49,500

Fixed Overheads                   60,000                  60,000                    60,000

Total Overhead Costs          100,000                 105,000                   109,500

Explanation:

Fixed Costs do not change with the level of activity and thus remain the same for activity of 9,000 : 10,000 and 11,000 hours whilst variable overheads vary with the level of activity.

5 0
3 years ago
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