Answer: True
Explanation: The organizations that are market oriented focus on keeping healthy relationships with their customers and providing them best service for a positive image in the market. The products offered by such organisations are made in such a way that the consumer gets maximum benefit from it and the needs of customers could be satisfied.
Thus, from the above we can conclude that such organisations emphasize on customer satisfaction and needs, therefore, the given statement is true.
Answer:
$55,000
Explanation:
The computation of the change in operating income is shown below:
= Buying cost - making cost
where,
Buying cost = Cost of producing parts × outside supplier per unit
= 60,000 parts × $3
= $180,000
And, the making cost would be
= Variable cost + fixed cost × given percentage
= $110,000 + $50,000 × 30%
= $110,000 + $15,000
= $125,000
So, the operating income would be
= $180,000 - $125,000
= $55,000
Answer:money income
Explanation: I think it’s money income not for sure though
Answer:
GBI
a. Journal Entries
Feb. 2
Debit Supplies Expense $800
Credit Payables-Misc. account $800
To record the purchase of supplies on account.
Feb. 4
Debit Accounts Payable $800
Credit CAsh $800
To record the payment on account.
b. The resulting document numbers are:
FI document number 1: __________ 100001
FI document number 2: __________ 100002
Explanation:
The journal entries are made to initially record the transactions in the books of GBI. Journal entries identify the accounts involved in every transaction. They add some brief narrations of the transaction.
