Answer:
$44,400
Explanation:
The computation of the balance of the cash account after posting of these transactions are shown below:
= Invested cash amount - cash paid for receptionist's salary + cash collection from sale of frame service
= $41,100 - $2,300 + $5,600
= $44,400
The other items do not involved any cash transactions. Therefore they are not relevant and thus they not considered in the computation part
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Answer: 71%
Explanation:
The Budgeted material loading charge was 84% of material cost of $1,268,000.
Yet the actual loading cost was $164,840 which means that actual loading cost percentage is:
= 164,840 / 1,268,000 * 100%
= 13%
Profit margin = Budgeted percentage - Actual percentage
= 84% - 13%
= 71%
Answer:
3. cannibalization
Explanation:
Cannibalization is a decline in the sales of one or more product when a new product is introduced into the market by the same producer.
When Prisly Inc introduced Gwen 2.0, the sales of other cars produced by Prisly fell.
