Answer:
c. $140,000
D) Manufacturing Overhead.
Explanation:
800,000 / 40 = 20,000 books sold
variable cost per book:
$3 selling + 5% of the sale as adminsitrative cost =
3 + 40 x 0.05 = 5
5 x 20,000 = 100,000 variable cost
total variable cost:
560,000 + 100,000 variable selling and administrative = 660,000
800,000 sales revenue
<u> - 660,000 </u> variable cost
140,000 contribution margin
Q2:
The indirect materials will be cahrge agains t the debit of manufacturing overhead to latter define the amount under-over applied
Answer:
The receiving report is used to <u><em>advise the vendor that the goods arrived safely (option b)</em></u>
Explanation:
The receiving report is a document and accounting support detailing receipts in a storage area. You must show the code, description, quantity and value of the goods received, as well as the date of receipt and the signature of the person who received. In other words, it is a document prepared with the purpose of specifying the quantity and class of materials received.
It is useful to create a paper record of material receipts from suppliers and to record problems that may have been detected during the inspection processes or to report that the merchandise arrived safely in case of not registering problems.
This report is issued by the receiving warehouse in Duplicate, once the products received have been verified and inspected.
<u><em>The receiving report is used to advise the vendor that the goods arrived safely (option b)</em></u>
<u><em></em></u>
Answer:
Option (C) is correct.
Explanation:
When federal reserve purchases bonds from the public then this will lead to an increase in the money supply. It is come under the category of open market purchases. It is a monetary policy instrument that is used by the central bank of a nation to control the money supply in an economy. If federal reserve sells government bonds to the public then this will lead to a fall in the money supply.
<span>For
the current generation, computer is widely used around the world. Student,
Employees, businessman and businesswoman, government, banks, transportation,
malls, groceries, etc.
Computer became our number one resources when it comes to researching and doing
some of our jobs. Computer can perform tasks like calculator, presentations and
even playing music and movies. We no longer need to buy DVDs or Cassettes because
computer have it all. Computer is designed to help us do our tasks easier
however, it also makes us lazy and very dependable.</span>
Answer:
Franchise.
Explanation:
A franchise is a type of license that a party (franchisee) acquires to allow them to have access to a business's (franchisor) proprietary knowledge, processes, and trademarks in order to allow the party to sell a product or provide a service under the business's name.