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Veronika [31]
2 years ago
15

Tempo Company's fixed budget (based on sales of 14,000 units) for the first quarter of calendar year 2017 reveals the following.

Business
1 answer:
Makovka662 [10]2 years ago
7 0
Variable Amount per Unit Total Fixed Cost 12,000 units 16,000 units 14,000 units Variable costs ... the first quarter of calendar year 2017 reveals the following Fixed Budget Sales ( 14,000 units) ...
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.Suppose a monopoly firm produces bicycles and can sell 10 bicycles per month at a price of $700 per bicycle. In order to increa
telo118 [61]

Answer:

The answer is $150

Explanation:

Change in Total Revenue = Total Revenue – Revenue figure before the additional unit was sold

Marginal revenue  = (11*700) - (10*701)= <u>$150</u>

5 0
3 years ago
When the allowance method of accounting for uncollectible accounts is used, then
Brums [2.3K]

Answer:

Bad debt expense is recorded in the same year as the credit sale.

Explanation:

Allowance method is generally refer to one of the ways for reporting the uncollectible or bad debt expense which results from a company selling the goods on credit.

This method is used for the process or procedure of uncollectible accounts receivable that records the estimate of the bad debt expense in the same accounting year to which is belongs as the sale. This method is used for adjust the accounts receivable appears on the balance sheet of the company.

4 0
3 years ago
Which factor makes an IRA superior to a regular stock portfolio for saving for retirement?
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I think the answer to the factor that makes an IRA superior to a regular stock portfolio for saving for retirement is that <span>IRAs usually include employer contributions. The answer is letter D.</span>
4 0
3 years ago
Read 2 more answers
What criteria is used to determine the date when foreign taxes are accrued for purposes of the foreign tax credit?
vfiekz [6]
➡️ If you choose to take the foreign tax credit, and the taxes paid or accrued✔️

➡️Use the rate of exchange in effect on the date you paid the foreign taxes to the ✔️

➡️For this purpose, withholding tax includes any tax determined on a gross basis.✔️

➡️Need to know how to qualify for Foreign Tax Credit and avoid double taxation✔️

➡️high tax foreign countries, it may be preferable to use the Foreign Tax Credit alone.✔️

➡️ and excess profits taxes paid or accrued during your tax year to any foreign ✔️
7 0
2 years ago
Assume that interest rate parity holds and that 90-day risk-free securities yield 6% in the United States and 6.5% in Germany. I
Marianna [84]

Answer: 1.356345

Explanation:

Based on the scenario and information provided in the question, the 90-day forward rate will be calculated as:

= Spot Rate × (1 + Germany Interest Rate) / (1 + United States Interest Rate)

= 1.35 × (1 + 6.5%) / (1 + 6%)

= 1.35 × (1 + 0.065) / (1 + 0.06)

= 1.35 × 1.065/1.06

= 1.35 × 1.0047

= 1.356345

3 0
2 years ago
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