Answer:
$19,002.77
Explanation:
The computation of the value of deal is shown below:
The value of the deal = Sales revenue - purchase cost
where,
Sales revenue is
= 2,300,000 ÷ 25.49 koruna per dollar
= $90,231.46
And, the purchase cost is
= 2,800,000 ÷ 39.31 baht per dollar
= $71,228.69
So, the value of the deal is
= $90,231.46 - $71,228.69
= $19,002.77
hence, the value of the deal is $19,002.77
Answer:
$15,000
Explanation:
Operating income is the difference between the net sales or revenue generated by a business and the operating expenses of the business.
The operating expenses of the business may be classified into 2 groups namely the fixed and variable costs.
The total operating cost of the business
= ( $9 + $6 + $28 + $32) per barrel
= $75
operating income of both divisions
= 200 ( $150 - $75)
= 200 * $75
= $15,000
Excellent customer service is very important because if they treat the customers badly then their company’s customers will slowly decrease
Answer: b
Under the accrual basis of accounting, expenses are matched with the revenues related to it and/or are reported when the expense occurs, and not just when the cash is paid. The company should record its earned revenue when services are rendered. Payment may come at a later date.
Answer:
The cost of goods sold is $ 4,800.
Explanation:
This problem requires us to calculate cost of good sold. The opening and closing balance of finished goods is given in the question. The cost of good manufactured is also provided in the question.
The cost of good sold can be calculated by finding the amount transferred from finished good account. Detail calculation is given below.
Finished good inventory begining $ 1,000
Cost of good manufactured $ 5,000
Finished good inventory ending ($ 1,200)
Cost of good sold $ 4,800
