Answer:
$760
Explanation:
The computation of the relevant cost is shown below:
= Discounted price per kilogram × number of kilograms - delivery cost
= $6.75 × 120 kilograms - $50
= $810 - $50
= $760
The delivery cost is already involved in the total cost. So, we have to deduct it to find out accurate relevant cost
. The other information which is given is not relevant. So, we ignored it
Answer:
whether or not there are close substitutes for the products of the two firms
Explanation:
The law watches closely for mergers that actively seek to inhibit or totally annihilate competition in the market which will be harmful for consumers. Mergers such as horizontal mergers, vertical mergers tend to bring about a monopoly whereby sellers aim to coordinate in a such a way that there is an agreement amongst them and profit is ensured while market becomes less efficient.
Answer:
$19,600.
Explanation:
The prudence concept of Accounting, also known as Conservatism Principle, requires management to record loss if there is an expectation to incur it. This principle gave birth to the concept of Bad Debts. Companies estimate the amount of Accounts Receivable that will not be collectible by Aging. An expense is recorded in the Statement of Profit or Loss by the calculated amount, whereas a credit entry to match the debit is charged to Allowance for Doubtful Account which is a contra-asset account to Accounts Receivable.
Oriole has estimated that $25,500 (2% of 1.26 million) of receivables will be uncollectible. A debit entry for Bad Debts is recorded in P&L and a credit to it will be charged to Allowance for Doubtful Account. This contra-asset account already has a opening debit balance of $5,900, the balance after adjustment for bad debts will be $19,600 (25,500 - 5,900).
Answer:
a. Due Date – January 31, 2017
b. FUTA tax liability for fourth quarter $2,905
Explanation:
If your FUTA tax for the fourth quarter (plus any deposited amounts from earlier quarters) is more than $500, deposit the entire amount by January 31, 2017. If it is $500 or less, you can either deposit the amount or pay it with your Form 940 by January 31, 2017.
Name
Social Security
4th Qtr.
Taxable Wages ($7,000 or lower)
FUTA tax at 5.4%
Robert G. Cramer
000-00-0001
$ 5,200.00
$ 5,200.00
$ 280.80
Daniel M. English (Foreman)
000-00-0003
$ 13,400.00
$ 7,000.00
$ 378.00
A. Small
000-00-1998
$ 2,400.00
$ 2,400.00
$ 129.60
Harry B. Klaus
000-00-7413
$ 11,700.00
$ 7,000.00
$ 378.00
Kenneth N. George (Manager)
000-00-6523
$ 15,000.00
$ 7,000.00
$ 378.00
Mavis R. Jones
000-00-6789
-0-
$ -
$ -
Marshall T. McCoy
000-00-3334
-0-
$ -
$ -
Bertram A. Gompers (President)
000-00-1014
$ 26,300.00
$ 7,000.00
$ 378.00
Arthur S. Rooks
000-00-7277
$ 1,700.00
$ 1,700.00
$ 91.80
R. Bastian
000-00-8111
$ 8,200.00
$ 7,000.00
$ 378.00
Klaus C. Werner
000-00-2623
$ 2,500.00
$ 2,500.00
$ 135.00
Kathy T. Tyler
000-00-3534
$ 11,700.00
$ 7,000.00
$ 378.00
Total
$ 98,100.00
$ 2,905.20
Since the state experience the lower experience rating system, hence the FUTA tax rate is minimum 5.4%.
Answer:
The answer to the question are listed in the explanation section below
Explanation:
T<em>he following number of question is explained below:</em>
- <em> A thousands of restaurants use open table to allow their online bookings capability which is a right choice as open table is a well respected and as well large international company in the industry.
</em>
- <em>Restaurants have moved from open table to the competition, for the following reasons such as retain customers,first class technology., comparable online booking, save money.</em>
- <em>Open table now has a real competition in the form of Eveve, which allows line reservation system for restaurants.
</em>
- <em>
SAAS model: Software as a service (POS) system. restaurant owners find it attractive because of the loud based solution,Lower initial and maintenance costs,easy upgrades, and lower learning curve</em>
<em>
</em>
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