Answer:
Ne Income 425
Explanation:
Revenue 2000
Salaries 1325
Travel expenses 250
Net Income 425
The cash basis is a method of recording accounting transactions for revenue and expenses only when the corresponding cash is received or payments are made
Allocated to future accounting periods equally over the periods receiving the benefit.
The number of parts used for the wheels is,
(300,000 wheels) x (2 parts/wheel) = 600,000
For the seats,
(600,000 seats) x (3 parts/seat) = 1,800,00
From the calculation above, the ratio of wheels to total number of parts is 0.25 which means that the overhead allocated for the wheels should be equal to $165,000. The rest of the money should be for Sam, totaling to $495,000.
Information regarding Contacts Being aware of the best ways to get in touch with your customers is essential for establishing productive business relationships.Make sure to get their mailing addresses, cell phone numbers, email addresses, and home phone numbers.
Why is it crucial to safeguard customer information?
Protecting your business means safeguarding the personal information of your customers.You can safeguard your brand and market value, your reputation, and yourself from costly lawsuits by protecting customer privacy.
We ought to gather information from new customers when?
Collecting fundamental data would be even simpler for a B2C business.Make sure you get their name, gender, age, occupation, location, email address, phone number, and household income. Also get their location.This ought to be sufficient for creating a fundamental customer profile and communicating with them as needed.
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Answer:
The answer is: C) differentiates the budgeted costs for each sales level.
Explanation:
A flexible budget is a budget that is adjusted according to different sales levels. It is adjusted to include different costs that vary according to different level of activities. The budget will flex (or adjust) because it includes a variable rate per unit of activity, and not just one fixed total amount.
For example, when you calculate the total costs of producing a chair, you can elaborate a flexible budget considering variable costs in materials, direct labor and machine hours for every chair produced.
