1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Grace [21]
3 years ago
6

Mackie Services operates a website that links experienced statisticians with businesses that need data analyzed. Statisticians p

ost their rates, qualifications, and references on the website, and Mackie receives 25% of the fee paid to the statisticians in exchange for identifying potential customers. Hoffman Associates contacts Mackie and arranges to pay a consultant $1,500 in exchange for analyzing some data. Mackie's income statement would include the following with respect to this transaction:_________
a. Revenue of $1,875 and cost of services of $1,500
b. Revenue of $1,500
c. Revenue of $1,500, and cost of services of $1,125
d. Revenue of $375
Business
1 answer:
jasenka [17]3 years ago
6 0

Answer:

d. Revenue of $375

Explanation:

The amount paid by the Vetmed associates is an expense for associates

The amount received by statisticians is a revenue for them

Mackie Services an intermediate between the two and so, the percentage amount received by Mackie Services is a revenue

Mackie's income statement would include a revenue of:

= Amount paid to statisticians * % Received

= $1,500 * 25%

= $375

You might be interested in
How did rogo improve his factory's performance on each of these dimensions?
matrenka [14]

<span>He took the advice from Jonah. The way he improved included many steps. First he increased throughput by getting cash while staying in the plant. He managed to deliver all the overdue orders which also helped him getting rid of the excess inventory which was a natural result of more sales. Secondly he reduced the inventory by changing the production process. The plant produced more of those parts which were in demand or which were overdue instead of those excess parts which were occupying the inventory and slowing down the progress.</span>

6 0
3 years ago
Once every __________, the Census Bureau does a comprehensive survey of housing and residential finance.
Amanda [17]
Once every 10 years search it up if I am wrong
5 0
3 years ago
Fact Pattern: Jackson Industries employs a standard cost system in which direct materials inventory is carried at standard cost.
Yuri [45]

Answer:

Efficiency varaince 6,000 unfavorable.

 

Explanation:

(standard\:hours-actual\:hours) \times standard \: rate = DL \: efficiency \: variance

std  hours          27,500.00 (22.000 units x 1.25 units per hour)

actual hours          28,000.00

std rate                 $          12.00

difference                 -500.00

efficiency variance $  (6,000.00)

3 0
3 years ago
Rizenton-Pharm, a pharmaceutical company, produces a significant amount of chemical waste every day. The company disposes the wa
LenaWriter [7]

Answer: (B) Legal responsibility

Explanation:

 The legal responsibility is one of the type of legal duty based on some laws and it basically helps in creating the foundation of the different types of values in an organization.

The legal responsibility plays an important role in an organization or any company as it helps in ensure all the legal formalities done by the company with the supplier, manufacturer or deals with the other company.

According to the given question, the Rizenton-pharm is one of the type of pharmaceutical company that producing the various types of chemical waste on regular basis that affect the government regulations and also environment. So, the pharm has flailed for fulfill their legal responsibility.

Therefore, Option (B) is correct answer.

7 0
3 years ago
Peterson Manufacturing and the local steelworkers' union are having a negotiation breakdown. Peterson's management is keeping em
erica [24]

Answer:

B) lockout

Explanation:

Since in the question it is mentioned the manufacturing Peterson and the local steelworkers contain the negotiation breakdown also is keep out of the work place and runs the operations with non permanenet replacements

So here to overcome this breakdown, the lockout strategy is used

And all other given options are wrong.

7 0
3 years ago
Other questions:
  • How do scarce resources influence you personally? What impact does this have on your financial management?
    7·2 answers
  • GMC purchased a $180,000 milling machine, which will be used for 5 years. The machine is expected to save the company $30,000 du
    12·1 answer
  • Colter Steel has $5,400,000 in assets. Temporary current assets $ 2,800,000 Permanent current assets 1,590,000 Fixed assets 1,01
    9·1 answer
  • Which of the following is NOT the quantity theory of money
    13·2 answers
  • In the quest to achieve competitive advantage in global markets, competitive pressures require that firms do what they can to __
    7·1 answer
  • Suppose that the real exchange rate between the United States and Kenya is defined in terms of baskets of goods. Which of the fo
    7·1 answer
  • A company's current LIFO inventory consists of 5,000 units purchased at $6 per unit. Replacement cost has now fallen to $5 per u
    6·2 answers
  • Wayo was interested in taking classes to become a certified yoga instructor. In order to earn the certification, he found out he
    11·1 answer
  • A few years ago the British government was considering​ retiring, or buying back from​ investors, some outstanding consols that
    5·1 answer
  • The next dividend payment by Hoffman, Inc., will be $3.10 per share. The dividends are anticipated to maintain a growth rate of
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!