Selling price = $4.50
Copies sold = $1 million
Fixed costs = $1 million
Unit variable costs = $0.50 per magazine
Sales = $4,500,000
Fixed costs = $1 million
Variable costs = $500,000
Revenue = Sales - fixed costs - variable costs
Revenue = $4,500,000 - $1,000,000 - $500,000
Revenue = $3,000,000
Answer:
a. Account receivable and sales are understated.
Adjusting entry :
Accounts Receivable (Dr.) $21,000
Sales Revenue (Cr.) $21,000
b. Interest receivable is understated.
Adjusting Entry :
Interest Receivable (Dr.) $470
Interest Earned (Cr.) $470
c. Account receivable and sales are understated.
Adjusting entry :
Accounts Receivable (Dr.) $1,460
Sales Revenue (Cr.) $1,460
Explanation:
Adjusting entries will be created for the transactions that are not properly recorded or either completely not recorded. In the given case the customer is not billed for the services rendered. This has an impact on the asset account of the company because account receivable are understated.
Answer:
I don't know sorry sorry forgive me
Explanation:
sorry
The constitutional authority of congress to forbid discrimination in employment is based on the <u>power of Congress to regulate interstate commerce. </u>
When it came to interstate commerce, there was no employment discrimination there - both men and women could work, regardless of the race and skin color. This was the basis on which the Congress managed to ban discrimination in employment elsewhere.
Answer:
A) Yes
Explanation:
15 x 4 = 60 person capacity
60 - 2 = 58
58 - 6 = 52
52 - 8 = 44
44 - 8 = 36
36 - 10 = 26 person capacity left
Yes, you can accommodate everyone's reservation requests.