The answer is Low wage rate. Processing plants in Bangladesh, the world's second-driving clothing exporter after China, minimize expenses by paying article of clothing specialists the most minimal wages on the planet — the present least is 3,000 taka, about $38, a month. The wage board suggested on Monday that it be raised to 5,300 takas, about $68.
Answer:
$5,360
Explanation:
The adjusting entry is shown below:
Bad debt expense $5,360
To Allowance for doubtful debts $5,360
(Being the bad debt expense is recorded)
For recording this we debited the bad debt expense as it increased the expenses and credited the allowance for doubtful accounts as it reduced the assets
The computation is shown below:
= $91,000 × 5% + $810
= $5,360
Answer:
Option B-Consolidation used for both Sell and Vane.
Explanation:
Both of the companies must be consolidated because the parent company controls both of the company and according to International Financial Reporting Standard, the companies that the parent company directly controls (75% ownership of Sell Inc. and 75% control) or indirectly controls (75%*60%= 45% ownership of Vane Inc. and 60% control of the company) must be consolidated. Here Penn Inc. controls both the subsidairies Sell Incorporation and Vane Incorporation, so they must be consolidated to group accounts.
Answer:
b. Product Customization
Explanation:
In the bicycle industry, the feel of high-end bicycles when they are ridden is important. As a serious rider becomes accustomed to a particular bicycle, it is very difficult for that rider to switch to an alternative supplier. This is an example of product differentiation through product customization. Product customization can be defined as it is the process where company tailor each and every single product according to the needs and wants of every single individual customer. Every customer can customize each and every single feature and option present in the product according to his or her desire. For example, when you but Dell laptop from their web store, you can customize your laptop where you can select processor, model, screen, speakers, keyboard, hard drive, motherboard of your own choice.
Answer:
$3,400
Explanation:
The total amount of estimated manufacturing overhead is calculated as;
= Salary of production supervisor + Indirect materials + Rent on factory equipment
Given that;
Salary of production supervisor = $2,000
Indirect materials = $400
Rent on factory equipment = $1,000
Therefore, Estimated manufacturing overhead ;
= $2,000 + $400 + $1,000
= $3,400
