Answer:
$171,619.20
Explanation:
Calculation to determine what The budgeted accounts payable balance at the end of November is closest to:
Using this formula
Budgeted accounts payable balance= Budgeted cost of raw materials purchases in November -(Budgeted cost of raw materials purchases in November*Raw materials purchases in the month of purchase percentage)
Let plug in the formula
Budgeted accounts payable balance=$286,032 - ($286,032*40%)
Budgeted accounts payable balance=$286,032 - $114,412.80
Budgeted accounts payable balance= $171,619.20
Therefore The budgeted accounts payable balance at the end of November is closest to:$171,619.20
<span>Nutrition Labeling and Education Act
This act requires nutrition labeling on food and standardizes terms such as serving size, "low fat", "light", and the such. It prevents things such as claiming "low calorie" cause the "calories per serving" is only half of the competitors, while specifying an absurdly low serving size that's also half the size the competitors use.</span>
Answer:
(d) Board of directors
Explanation:
The board of directors is at the summit of a company's organizational structure. It is the most senior decision-making organ of a company. It is composed of a group of individuals elected to represent the shareholders. The board of director's main role is to give policy direction and oversight the top management.
The board of directors is a purely managerial body. It meets at intervals to discuss company affairs. The board of directors recruits the chief executive officer of the company.
Answer:
Vehicle registration
Explanation:
Vehicle registration reoccurs annually, the other costs are one time.
Answer:
Campus Stop, Inc.
Partial Income Statement
Sales revenue $323,300
Sales returns ($1,730)
Sales discounts and allowances <u> ($2,270)</u>
Net sales $319,300
Cost of goods sold <u>($172,870)</u>
Gross profit $146,430
Gross profit margin = $146,430 / $319,300 = 45.86%
