Answer:
May 15, 2020
No Entry
June 15, 2020
Debit: Account Receivable 2,060
Credit Revenue 2,060
Debit COGS 1,380
Credit Inventory 1,380
July 15, 2020
Debit Cash 2,060
Credit Account Receivable 2,060
Explanation:
Preparation of the journal entries for Splish related to this contract.
May 15, 2020
No Entry
June 15, 2020
Debit: Account Receivable 2,060
Credit Revenue 2,060
Debit COGS 1,380
Credit Inventory 1,380
July 15, 2020
Debit Cash 2,060
Credit Account Receivable 2,060
Answer:
Total estimated cost $148,680
Fixed cost $20,680
Explanation:
Using the high-low method to estimate the amount of fixed cost that is incurred each month
Units Cost
High 207 153,160
LOW 38 45,000
Difference 169 108,160
Variable cost per unit= 108,160/169
Variable cost per unit= 640
Fixed cost = 153,160-207*640
Fixed cost = 20,680
Total estimated cost= 200*640+20,680
Total estimated cost=128,000+20,680
Total estimated cost=148,680
Therefore Total estimated cost will be $148,680 and Fixed cost will be $20,680
It is true that the goal received by regional manager Farrah, to reduce the company's costs in the next three years corresponds to an example of a strategic objective.
<h3 /><h3>Strategic planning</h3>
It corresponds to a document where the course of actions that will cover the medium and long term organizational are detailed so that the stipulated objectives and goals are achieved.
Therefore, the strategic objectives of a company will be contained in the strategic planning, and can be understood as the definition of the results that it intends to achieve in a period of time, to increase the vision and the organizational results.
Find out more information about strategic objective here:
brainly.com/question/24462624
If a stock currently sells for $49. tThe amount of the dividend that was just paid is $1.77.
A inventory is a fashionable term used to describe the ownership certificate of any business enterprise. A percentage, on the other hand, refers to the inventory certificate of a selected organization. maintaining a particular organization's percentage makes you a shareholder.
A coins dividend is the distribution of budget or cash paid to stockholders generally as a part of the employer's present day income or accrued income. cash dividends are paid at once in money, as opposed to being paid as a inventory dividend or other form of cost.
Dividend yield=Annual Dividend next year/Current price
Annual Dividend next year=(49*3.8%)=$1.862
Hene, the dividend just paid = Annual Dividend next year * Present value of discounting factor( 5.1%, time period)
⇒$1.862/1.051
⇒$1.77 (Approx)
Learn more about stock market here:-brainly.com/question/690070
#SPJ4
Decentralization or decentralisation is the process by which the activities of an organization, particularly those regarding planning and decision making, are distributed or delegated away from a central, authoritative location or group.
