Answer and Explanation:
The journal entry is as follows;
Account payable Dr $5,000
To Inventory $5,000
(being the entry recorded for receiving the full credit)
Here the account payable is debited as it decreased the liabilities and credited the inventory as it also decreased the assets
Hence, the same is to be considered
Answer:
$136
Explanation:
Date Transaction Units Cost Total
3 Purchase 5 $20 $100
10 Sale 3
17 Purchase 10 $24 $240
20 Sale 6
23 Sale 3
30 Purchase 10 $30 $300
using the first in, first out method, the COGS is calculated based on the oldest price of the units in merchandise inventory:
6 units were sold on May 20th, 2 of them costed $20 (May 3rd purchase) per unit = $40, while 4 of them costed $24 (May 17th purchase) = $96. Total COGS = $40 + $96 = $136.
Answer:
False
Explanation:
Currently the company is working at full capacity and they are selling their total production at $25 per unit. If they accepted the special order, they would be receiving less money per unit sold: normal price per unit - special order price = $25 - $13 = $12, so they would be losing $12 per unit sold. The only way that they could accept this special order is if they can work overtime and produce 31,000 units instead or 30,000.
Answer:
Correct answer:
D. Set up interviews and write talking points
Explanation:
The PIO's primary responsibility to organizational leadership as an advisor is to assist agency leadership to ensure that the mission and goals of the agency are achieved. <em>This could be achieved through series of actions like setting up of interviews, or jotting down important points.</em>
videoconferencing
What is Videoconferencing?
In order to facilitate simultaneous video and audio communication, a videophone combines a telephone with a video camera and a video display. The two-way or multipoint receiving and transmission of audio and video signals by individuals in various locations for real-time communication is known as videotelephony, sometimes referred to as videoconferencing and video teleconferencing. Instead than being used by lone users, videoconferencing promotes using this technology for group or organisational meetings. Both meeting technology, which can go beyond video into robots, and high-quality videotelephony systems, which aim to create the illusion that remote people are in the same room, can be referred to as telepresence (such as moving around the room or physically manipulating objects).
To learn more about Videoconferencing
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