Answer:
I expect the answer in the following form
Explanation:
Irish lions play with Japan to get better and learn new things
Answer:
See below
Explanation:
Activity rate = Overhead costs/Estimated driver
Customer service : 175 per serv. req.
Project bidding : 400 per bid
Engineering support : 750 per design change
Activity costs allocated = Activity rate × Driver consumed
Activity costs
Gough industries. 39,800
Been inc. 47,150
The Martin group. 139,300
Artic Air inc.
Customer profitability report for the year ended, December 31
Gough industries Been inc. Martin Grou
Revenues
1,800,000 960,000 240,000
Cost of goods sold
840,000 448,000 112,000
Gross profit
960,000 512,000 128,000
Selling and administrative activities:
Customer service
6,300 4,900 20,300
Project bidding
20,000 16,000 38,000
Engineering support
13,500 26,250 81,000
Total selling and administrative support
39,800 47,150 139,300
Operating income(loss)
920,200 464,850 (11,300)
Answer:
By comparing the opportunity cost of producing cheese in the two countries, you can tell that <u>GREECE</u> has a comparative advantage in the production of cheese and <u>AUSTRIA</u> has a comparative advantage in the production of beer.
Suppose that Greece and Austria consider trading cheese and beer with each other. Greece can gain from specialization and trade as long as it receives more than <u>4 BARRELS</u> of beer for each pound of cheese it exports to Austria. Similarly, Austria can gain from trade as long as it receives more than <u>0.1 POUND</u> of cheese for each barrel of beer it exports to Greece.
Based on this, which of the following terms of trade (that is, price of cheese in terms of beer) would allow both Austria and Greece to gain from trade?
a. 18 pounds of fish per pound of cheese.
<u>b. 9 pounds of fish per pound of cheese.
</u>
c. 1 pound of fish per pound of cheese.
d. 3 pounds of fish per pound of cheese.
WHAT HAPPENED TO THE BEER?
Assuming it is barrels of beer instead of fish, then both would gain if they traded 9 BARRELS OF BEER PER POUND OF CHEESE.
Explanation:
Opportunity costs are the benefits lost or extra costs associated to choosing one activity or investment over another alternative, I.e. the cost of the next best choice.
Answer and explanation:
"<em>Food and Beverage Cost Control</em>" is a book written by Americans <em>Lea R. Dopson</em> (1963) and <em>David K. Hayes</em> (born in 1954) where they examine the cost cycle of culinary businesses including purchases, production, sales, and food cost formulas, just to mention a few. The book aims to provide students and professional a guide to understand practical techniques to manage food and beverage companies.
Answer:
$22,050
Explanation:
The computation of the net account receivable after the adjustment of bad debt is shown below:
As we know that
Net account receivable = Account receivable - bad debt expense
= $25,000 - $2,950
= $22,050
By deducting the bad debt expense from the account receivable we can get the net account receivable and the same is to be considered
hence, the correct option is B.