Answer:
Lee buys insurance to protect her home after crime rates go up
Explanation: Property insurance gives protection against majority of risks that can occur to a property.
Homeowners and Renters insurance are two types of property insurance. They usually provide insurance against personal property.
Carmen insuring her car is known as motor vehicle insurance.
Making a decision by listing pros and cons.
Answer:
$234.24 per unit
Explanation:
The computation of the selling price for Job X941 is shown below:
But before that following calculations need to be determined
The Predetermined overhead rate is
= Variable overhead per DLH + Fixed overhead per DLH
= $2.80 + ($307,200 ÷ 48,000)
= $9.2 per DLH
Now the Total cost of Job X941 is
= Direct materials + Direct labor + Overhead applied
= $600 + $6,400 + (300 × $10)
= $9,760
And, finally
The Selling price per unit of Job X941 is
= Unit product costs × 120%
= ($9,760 ÷ 50) × 120%
= $234.24 per unit
Answer:
$12,100
Explanation:
The contribution margin of a product may be defined as the price of the product minus the associated variable cost which results in the incremental profit that is earned when one unit of the product is sold. It is obtained by subtracting the total variable cost from the total sales of the product.
In the context, the total contribution margin of a product for the month under the variable costing would be $12,100 for the manufacturing company.
It should be noted that When using the allowance method, the adjusting entry includes a credit to Allowance for Doubtful Accounts debit to Bad Debt Expense.
<h3>What is allowance method?</h3>
The allowance method can be regarded as a method which involves setting aside a reserve for bad debts which could come up in the future.
The reserve is done on percentage of the sales generated in a reporting period,
Learn more about allowance method at;
brainly.com/question/4636062
