Answer:
it is the study of the systematic way of keeping records.
 
        
             
        
        
        
Answer:
a. decrease by $58,800 per month
Explanation:
The computation is shown below;
<u>
Particulars                                 Amount </u>
Contribution from product X   $94,800 ($28 - $22) × 15,800 units
Less: Fixed cost                        -$108,000
Net loss avoided                        -$13,200
Non-avoidable fixed cost            $72,000
The Total cost in case the product fall $58,800
Hence, the correct option is a. 
 
        
             
        
        
        
Call up the credit card company and have them look into it 
 
        
                    
             
        
        
        
Answer:
A. DR Petty Cash 200; CR Cash 200
Explanation:
We are asked for the entry on June 1st to stablish the petty cash fund.
The data on June 30th is irrelevant for this question.
We will only work with the information of june 1st
The ptty cash, will be an asset account. To crease an asset account we will debit it.
On credit side, we need to show how is this asset generated. In this case, with another asset, cash. Cash will be credited to show that 200 cash from the main account has been moved into the petty fund
 
        
             
        
        
        
B. The higher the price, the larger the quantity produced.