Answer: $78.25
Explanation:
The Southern Division is willing to pay $78.25 to an outside company for this part that it needs.
In the same vein, the maximum therefore that they would be willing to pay for the Western Division should be $78.25 as well because anything higher than that would constitute an Opportunity Cost loss.
They should go for the cheaper option and if buying from the Western Division exceeds the $78.25 then it is loss on their part. Western Division should charge the same or less.
Answer:
$65,332
Explanation:
The computation of revenue in 2021 is shown below:-
Revenue for the year 2021 = New franchisee received + Received by Top chop × (From July 1 to Aug 1 ÷ 2)
= $62,000 + $40,000 × 1 ÷ 2
= $62,000 + $40,000 × 0.5
= $62,000 + $20,000
= $82,000
Therefore, the revenue recognized for its arrangement is $82,000 and the new franchisee fee instantly recorded as an income
Answer:
Journals
Explanation:
“books original entry refers to the accounting journals in which business transcriptions are initially recorded the information in these books are summarized and posted into a general ledger from which financial statements are produced"
Answer:
Is the question asking for the mean/average or no?