The balance of the revenue account is transferred to the

How can we build up strong analytical skill discuss

yan [13]

Answer:

hope help you

Explanation:

Here are several ways you can improve your analytical skills:

Read more. An important part of being analytical involves being alert and remaining stimulated. ...

Build your mathematical skills. ...

Play brain games. ...

Learn something new. ...

Be more observant. ...

Join a debate club. ...

Take an exercise class. ...

Keep a journal.

4 0

2 years ago

Check my work Check My Work button is now enabled3Item 5Item 5 10 points Social Media, Inc. (SMI) has two services for users. To

Nimfa-mama [501]

Answer:

a. Predetermined administration costs - $ 54 per engineering hours

b. Profit per Toot - $ 648,075

Profit per Tix $ 326,450

Explanation:

Computation for predetermined overhead rate for admin costs

Estimated administration costs $ 629,100

Engineering hours - Toot - 6,825

Engineering hours - Tix - 4,825

Total engineering hours 11,650

Predetermined rate for administration costs

$ 629,100/ 11,650 hours $ 54 per hour

Computation of total profit for each service

Administration costs - Toot = 6,825 hours * $ 54 per hour = $ 368,550

Administration costs - Tix = 4,825 hours * $ 54 per hour = $ 260,550

Toot Tix

$ $

Revenues 1,350,000 1,040,000

Engineering costs 333,375 453,000

Allocation of admin costs 368,550 260,550

Total costs 701,925 713,550

Profit per service 648,075 326,450

5 0

3 years ago

_____ are expense items that do not become part of a final product. select one:

yarga [219]

Business services are expense items that do not become part of a final product.

Business services are intangible items such as IT, finance, management, shipping and more. These services support each other but do not become part of the final product. Installations and supplies are both part of the final product. Supplies to build and installations to put together.

4 0

2 years ago

Assume the prior year ending inventory was understated by $ 50,000 . Explain how this error would affect the prior year and curr

adelina 88 [10]

When Prior year ending inventory understated by $ 50,000 :

If the ending inventory of the prior year has been understated then the COGS of the prior year get overstated which ultimately understated Pretax income by the same margin.

Prior year ending inventory is the current year opening inventory, so when the prior year ending inventory has been understated that means the current year opening inventory is also getting understated. Which resulted in an understatement of COGS and due to which pretax income of the current year gets overstated by the same margin.

Total pretax income of the two years = $ (50,000) + $ 50,000 = Nil ( No effect).

The four most commonly used inventory types are Raw Materials, Work in Process (WIP), Finished Goods, Maintenance, Repair, and Overhaul (MRO). Knowing the nature of your inventory will help you manage your inventory better and smarter. Consider a fashion retailer like Zara, which operates seasonally.

Learn more about inventory at

brainly.com/question/24868116

#SPJ4

8 0

1 year ago

Most individuals and businesses are likely to find their judicial interactions in _____. A. the U.S. Supreme Court B. federal ci

Brums [2.3K]

Answer:

Option C is correct

Explanation:

The state court is a common law court that apply respective state laws and precedence to decide cases. State courts usually handle majority of crimes and civil case which include individual cases and small business issues.

3 0

2 years ago

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