Answer:
$149,600
Explanation:
Variable cost per unit = 36+57+3+5 =
Variable cost per unit = $101
Contribution margin per unit = 145 - 101
Contribution margin per unit = $44 per unit
Total contribution margin = 3,400 * $44
Total contribution margin = $149,600
Answer: Debit Unearned fees $6,120, Credit Fees income $6,120.
Explanation: Garcia Publishing received $24,480 from Otisco on April 1 and this was recorded as unearned fees. This means Garcia would have debited cash with $24,480 and credited unearned fees $24,480. Remember the fees was paid at the beginning of April and is for 36-month subscriptions. So, the amount in unearned fees would be unwound to income (fees) over the tenor of the subscription (36 months). Therefore, monthly amortization would be $24,480 divided by 36 months = $680. April 1 to December 31 is 9 months, $680 multiplied by 9 months is $6,120.
Answer:
FV= $94,108.42
Explanation:
<u>First, we need to calculate the future value of the 12 annual deposits:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {3,500*[(1.06^12) - 1]} / 0.06
FV= $59,044.79
<u>Now, the future value at the end of the 20 years (8 years more):</u>
FV= PV*(1 + i)^n
FV= 59,044.79*(1.06^8)
FV= $94,108.42
Since i am the signing agent who fills out the ID form, then, i am at responsibility to sign the Patriot Act form as well.
<h3>What is
Patriot Act form?<u> </u></h3>
The Patriot Act/customer ID form is a form that help the government to fight the funding of terrorism and money laundering activities.
The Patriot Act/customer ID form is necessitated by the Federal law and its requires all financial institutions to obtain, verify, and record information that identifies every customer.
However, if the signature line on the Patriot Act has escrow officer's name printed on it on the signature line and i am the signing agent who fills out the ID form, then, i am at responsibility to sign the Patriot Act form as well.
Read more about Patriot Act form
<em>brainly.com/question/7472599</em>
Answer: (A) Single-period
Explanation:
The single-period inventory system is one of the type of business model that faced problem due to the product order seasonally and also the one time purchasing of the goods and the services.
The main aim of the single period inventory system is that they established stocking level that helps in balancing the expected excess costs and the shortage cost of the product.
This inventory system basically ensure that the products and the services are adequately supply to the customers.
Therefore, Option (A) is correct.
