Answer:$5400
Explanation:
In sales merchandise a seller can give a trade or a cash discount. A trade discount is giving based on the volume of sales, while a cash discount is giving to encourage prompt cash payment and it will be accorded the buyer once the conditions of payment is met.
The above scenario is a cash discount which means 2% cash discount will be giving if payment is made whithin 10 days and it should be made within 30 days. The amount of cash discount is there after deducted from the income statement as an expenses, though for the trade discount this is deducted directly to the sales journal.
Swift only return goods of $5400 and this is the amount to be recognized as purchase return.
Answer:
$41,000.
Explanation:
The computation of the amount of direct materials cost charged to completed jobs is shown below:
= Direct Material cost - charging cost in direct material cost
= $57,000 - $16,000
= $41,000
By subtracting the charging cost that added in the direct material cost from the direct material cost we can find out the direct material cost charged that is computed above.
The web organizes information by using hypermedia, meaning documents that include embedded references to audio, text, images, video, or other documents.The term hypermedia comes from the tem hypertext, which is text displayed on a computer display . Hypermedia is more than a text It is everything that we see, hear, and interact with on the Web (data, text, graphics, video, and audio).
If three people work for a company:
A, who has worked there for 5 years,
B, who has worked there for 20 years,
and C, who has worked there for 1 year,
B has seniority over A and C, A has seniority over C. In most companies, this would mean that barring other factors, C would be fired first because C has the lowest seniority. <span />