Answer:
a. Differential revenue = $18 per pound
Explanation:
Differential revenue refers to additional revenue per unit.
Current revenue per unit = $20 - $15.75 = $4.25 per unit on Product J
When it will be further processed to form Product D
Net proceeds to be realized from each unit of product D = $38
Net revenue = $38 - $24.30 = $13.7
Additional or differential revenue = $38 - $20 = $18 per unit
As for $20 selling price the revenue was recognized earlier now additional revenue = $38 - $20 = $18 per pound
Note: Revenue is the proceeds from sale and not the net profit.
Differential revenue = $18 per pound
Answer:
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Empirical Question is a question that can be answered by observing and analyzing the world as it is known:
Answer:
The correct journal entries should be:
January 1, Year 3
Dr Notes Payable account 10,000
Cr Cash account 10,000
Explanation:
Since Cash account is an asset, it should be credited when it decreases.
Since Notes Payable account is a liability, it should be debited when it decreases.
<span>D Index fund I know this is the right answer</span>