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Climate change and government action
Answer:
Total fixed costs= $150
Explanation:
Giving the following information:
Parker's only overhead is a storage unit for the inventory that costs $125 a month and a $25 monthly fee for website hosting.
<u>A cost is categorized as fixed because it does not vary with production (in relevant ranges).</u>
In this case, the only two cost that is fixed is the storage and website hosting.
Total fixed costs= 125 + 25= $150
Answer and Explanation:
The journal entries are shown below:
On Jan 1
Cash $500,000
To Bond Payable $500,000
(Being the issuance of the bond is recorded)
On Dec 31
Bond Payable $500,000
Loss on redemption $15,000 ($500,000 × 3%)
To Cash ($500,000 × 103%) $515,000
(Being the redemption of the bond is recorded and the remaining balance or we can say balancing figure is debited to loss on redemption)
<span>Rosie's Flowers Company follows a B2C model. This is also known as a business to consumer model. It is when a business has transactions that are directly between the company and the consumers. The consumers are the end users of the products or services.</span>