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Pani-rosa [81]
3 years ago
14

What is accounting ?​

Business
1 answer:
mihalych1998 [28]3 years ago
6 0

Answer:

Accounting is defined as "The action or process of keeping financial accounts."

Explanation:

Hope I have helped.  

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Sean wants to buy a friend’s car, but he does not have the $3,000 that his friend is asking. He has $2,500 and is considering bo
vladimir1956 [14]

Answer:

I think Sean should negotiate for 2,500 dollars and save the 500 dollars for college or for something else he might want or need to buy.

8 0
3 years ago
Vin diesel owns the fredonia barber shop. he employs 6 barbers and pays each a base rate of $1,310 per month. one of the barbers
Ugo [173]
To find the fixed cost, we need add all costs that do not change with the number of haircuts. These are the salaries of the barbers and the manager bonus, the advertisement fees, rent and the magazines. We also have the standard part of the utility payment, the 170$. Those add up to:
6*1310+520+280+980+20+170=9830$. We also have regarding the variable costs:
The utilities variable part are included since they depend on haircuts, barber supplies and the base rate of each barber per haircut. Hence those are:
(5.90+0.38+0.27 per haircut)=6.55$ per haircut
6 0
3 years ago
Garda purchased $610,000 of merchandise in August and expects to purchase $730,000 in September. Merchandise purchases are paid
Basile [38]

Answer: $646,000

Explanation:

Cash payment for the month of September

August pmt = $610,000x 70%= $427,000

September pmt = $730,000 x 30%= $219,000

Total payment in September = $427,000 + $219,000 = $646,000

8 0
3 years ago
on december 31 of last year, wolfson corporation had in inventory 450 units of its product, which costs $22 per unit to produce.
11Alexandr11 [23.1K]

Answer:

$18,650

Explanation:

FIFO means first in, first out. It means its the oldest inventory that are sold first .

If the company sold 800 inventory, the 800 would be taken from the beginning inventory which is a total of 450 and the remaining 350 would be taken from the inventory produced in January.

Cost of goods sold

450×$22 = $9,900

350 ×$25= $8,750

$9,900 + $8,750 = $18,650

I hope my answer helps you

8 0
3 years ago
I will give you fifty five point if you make Brainliest me but if you don't and it's just a scam I'm going to report you and the
gulaghasi [49]

Answer:

okay lol

Explanation:

answer my newest question and i'll give it to you <3

5 0
3 years ago
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