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3 years ago

In the five C's, how is cost different from price?

Business

1 answer:

Thepotemich [5.8K]3 years ago

8 0

Your answer will be; It includes all of the costs related to the product.

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Brief Exercise 12-3 The following T-account is a summary of the Cash account of Cuellar Company. Cash (Summary Form) Balance, Ja

Inessa05 [86]

Answer:

$240,000

Explanation:

According to IFRS,

Cash inflow from financing activities:

Proceeds from bond issue = $300,000

Cash outflow from financing activities:

= Dividend paid + Interest paid**

= $(50,000 + 10,000)

= $60,000

Net cash inflow (Cash provided) by financing activities:

= Cash inflow from financing activities - Cash outflow from financing activities

= ($300,000 - $60,000)

= $240,000

Under IFRS, Interest paid can be classified under financing (or operating) activities.

6 0

3 years ago

The following data relate to product no. 89 of Des Moines Corporation: Direct material standard: 3 square feet at $2.40 per squa

Andru [333]

Answer:

Direct material quantity variance

= (Standard quantity - Actual quantity) x Standard price

= (27,600 - 28,100) x $2.40

= $1,200(A)

Standard quantity

= 3 square feet x 9,200 units

= 27,600 square feet

Explanation:

Direct material quantity variance is the difference between standard quantity and actual quantity used multiplied by standard price.

Standard quantity is obtained by multiplying the standard quantity per unit ( 3 square feet) by actual units completed (9,200 units).

4 0

3 years ago

When you purchase the exact same office supplies you purchased in the previous quarter, you are making a

tigry1 [53]

When you purchase the exact same office supplies you purchased in the previous quarter, you are making a straight rebuy.

<h3>What is a straight rebuy?</h3>

This is the type of purchase that a customer is known to buy that is in the same quantity and the same terms as the goods from the same supplier.

The perfect example of this is that people are known to visit the same coffee shop daily to make the same purchase.

Read more on a straight rebuy here:

brainly.com/question/8530057

#SPJ1

8 0

2 years ago

Campbell Co. has net sales revenue of $1,320,000, cost of goods sold of $760,700, and all other expenses of $297,000. The beginn

olasank [31]

Answer:

3.46

Explanation:

Calculation for Campbell Co. fixed asset turnover ratio

First step is to find the Average net fixed assets

Using this formula

Average Fixed assets= Fixed assets Beginning balance +Fixed assets ending balance /2

Let plug in the formula

Average Fixed assets= $368,000 + $396,000/ 2

Average Fixed assets=$764,000/2

Average Fixed assets=$382,000

Second step is to calculate for the Fixed asset turnover

Using this formula

Fixed asset turnover = Net revenue ÷ Average net fixed assets

Let plug in the formula

Fixed asset turnover= $1,320,000 ÷ $382,000

Fixed asset turnover= 3.46

Therefore Campbell Co. fixed asset turnover ratio will be 3.46

7 0

4 years ago

Shelley jackson has a life insurance policy where she makes payments of $185 per year for the rest of her life. this policy has

Ivahew [28]

<span>It is likely that Shelley has a whole life insurance policy. The premium stays the same over time, and the policy accumulates a cash value. It's also possible that she has what is called universal, variable or variable universal policy.</span>

5 0

3 years ago