Answer:
D.Cash 1,274 Sales Discount 26 Accounts Receivable 1,300
Explanation:
The journal entry is shown below:
Cash A/c Dr $1,274
Sales Discount A/c Dr $26
To Accounts receivable $1,300
(Being cash received recorded)
The computation of the account receivable
= Credit sales - returned goods
= $1,800 - $500
= $1,300
And, the discount would be
= Accounts receivable × percentage given
= $1,300 × 2%
= $26
The remaining amount would be credited to the cash account.
Answer:
(B) $18.40
Explanation:
we build the equation system and solve for variable overhead
we must understand that overhead unit cost if calculate as follow:
variable overhead + fixed overhead / volume
so:
We rearrange:
We equalize:
And now we solve:
(33.8 - VMO) x 3 = 64.6 - VMO
101.4 - 3 VMO = 64.6 - VMO
36.8 = 2VMO = 18.4
Answer: adaptive selling
Explanation: In simple words, adaptive selling refers to the ability under which an employee changes his or her behavior with the change in the status of the clients.
Under such style of selling, the salesman performing highly focus on the type of customer, the situation in which sales is made and the feedback received and tailors his or her approach to sales accordingly.
In the given case, Tony is stating different facts regarding the product for different customers. Hence we can conclude that he is doing adaptive selling.
Answer:
Assembly Work In Process Inventory
Explanation:
The units completed cost will be move from one process into the next one.
The transferred-out cost will be credited from Molding(origin) and debited into Assembly Work-in-Process(destination)
As this is a theoreticalquestion we don't have to look into the numbers.
1. More volatile
2. More volatile
Enjoy the holidays, I hope this helps inshallah!
