Answer:
B. (i) and (ii) only
Explanation:
A variable cost is a corporate expense that changes in proportion to production output. Variable costs increase or decrease depending on a company's production volume; they rise as production increases and fall as production decreases. Examples of variable costs include the costs of raw materials and packaging.
In Sonia's yoga studio, the only costs that change as the quantity of the good or service of the business produces changes are :
1. Tank tops
2. Wages paid to the other yoga instructors.
These two costs can change as business becomes bigger and expands.
Answer:
c. $15,065
Explanation:
In bank reconciliation the book balance is adjusted using some adjustments made by the the bank and still pending by the business. We make an adjusted balance of cash book balance and bank statement balance to reconcile the amounts.
Cash balance per book 6/30 $13,000
+ Note receivable $4,000
- Bank charges $35
- NSF check <u>$1,900 </u>
Adjusted Cash book balance <u>$15,065</u>
Note receivable is received in the bank but not been recorded by the business. It will be added to the balance because it will increase the balance.
Bank charges are deducted by the bank but not been recorded by the business it will be deducted.
NSF check have already added by the balance but its not been cleared. So it needs to be deducted form the Book balance.
For the most part of the last 50 years, most most widely car distribution channel has been:
Producer to Franchise Dealer to Consumer
Many companies also rely on secondary distribution channels, either selling directly or through national distributors.
With rising costs, the 21st century might see a shift towards a more direct approach.
Answer:
very good morning dear...
have a NYC day ahead... :)
Answer:
2,000
Explanation:
To calculate how much of an accuracy related penalty the tax payer will be assessed, we use the following method.
