Answer:
A Mary Kay consultant who deducts travel expenses and whose small customer base was mostly relatives who lived out of town.
Explanation:
A not for profit activity (or hobby) is something that you do simply because you like to do it and generally you should not make a profit from doing it.
A Mary Kay consultant is actually a salesperson whose job is to sell Mary Kay products. Whether she is able to make a profit or not is something different, but selling Mary Kay is actually considered work. Since they are independent consultants, they are considered independent contractors that must file their income taxes.
I think the correct answer from the choices listed above is the last option. A process cost system would be more appropriate for a shampoo manufacturer. <span> A </span>process costing system<span> is used by companies that produce similar or identical units of product in batches employing a consistent process. Hope this answers the question.</span>
Answer:A) an investment banker
Explanation: An investment banker is an individual who often works as part of a financial institution and is primarily concerned with raising capital for corporations, governments, or other entities.
Answer:
If the museum engages in price discrimination and decides to take both "contracts" (adults and students), the profit the museum will earn is $800.
And it goes like this:
Adults: 100 x $12 = 1.200
Students: 200 x $8 = 1.600
Income: 1.200 + 1.600 = 2.800 total incomes if both contracts happens in the same day.
Profit: 2.800 (Income) - 2.000 (costs) = 800 profit
