Answer:
Correct ending balance_______ 7835
Explanation:
Cash 7824
Books
Cash receipts pending on bank__-3218
Checks written_______________1305
Banks
Bank service fee______________-23
Interest earned________________34
Bank conciliation___________--5922
Bank account_______________5922
Balance cash_______________ 7824
Adjust Bank service fee_________-23
Adjust Interest earned___________34
Correct ending balance_______ 7835
Answer and Explanation:
As per the data given in the question,
Net income per unit = sale per unit - total cost
Sell of basic kit Process stage 2 kit Net income(inc./dec. )
Sales per unit $22 $34 $12
Cost per unit
Direct materials $8 $4 $4
Direct labor 0 $11 -$11
Total cost $8 $15 -$7
Net income per unit(inc.)$14 $19 $5
Answer: the firm will have a temporary competitive advantage
Explanation: The firm in question would have a temporary competitive advantage. Competitive advantage describes something that places a company or business or a person above the competition such as value, rarity, difficult/costly-to-imitate amongst others. However, where a substitute is already in existence for such service, then the firm would have a temporary competitive advantage.
Answer: Cutthroat competition
Explanation:
The cutthroat competition is basically refers to the competitive action that is used for illustrating the various types of laws and regulations for the purpose of consumer protection and the law for the purpose of enforcement the given competitive action.
According to the given scenario, the demand of the fast food are decline now a days as the customers are focuses on healthy diet and the demand are basically shifted towards towards to other alternatives.
Therefore, The given competitive action is basically indicating the cutthroat competition for the purpose of eliminating various types of things by using the destructive action.
Therefore, Cutthroat competition is the correct answer.
Answer:
1) Dr Petty Cash $600
Cr. Cash $600
2) Dr. Postage Expense $250.40
Dr. Office Supplies Expense $160.90
Dr. Miscellaneous expense $124.05
Dr. Cash over and short $8.3
Cr. Cash $543.65