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2 years ago

8

A cost that remains fixed over limited ranges of volumes but changes by a lump sum when volume changes occur outside these limit

ed ranges is called a _____ cost. multiple choice fixed variable mixed step-wise curvilinear

1 answer:

Reil [10]2 years ago

6 0

Answer:

Variable cost

Explanation:

because sometimes companies set fixed price to other product

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Slinky Company purchased merchandise on June 10, 2021, at a price of $26,000, subject to credit terms of 4/10, n/30. Slinky uses

vampirchik [111]

Answer:

The answer is given below;

Explanation:

June 10.

Inventory (26,000*.96) Dr.$24,960

Accounts Payable Cr.$24,960

2.If payment is made on June 18,2021

Accounts Payable Dr.$24,960

Bank Cr.$24,960

3. If payment is made on July 8,2021

Inventory (26,000-24,960) Dr.$1,040

Accounts Payable Cr.$1,040

Accounts Payable (1,040+24,960) Dr.$26,000

Bank Cr.$26,000

As the credit period of 10 days for discount was not availed, therefore full amount payment will be made.

4 0

3 years ago

You have $3000 per month to cover your expenses. You estimate your monthly costs to be rent of $1200, car expenses of $700, util

kobusy [5.1K]

Answer:

with the student loans you will be over 800

Explanation:

so if you subtract all of that from 3000 you will be in negatives by -800 each month

4 0

2 years ago

What is Gravitational law and how yo solve it

SSSSS [86.1K]

Explanation:

I believe this is what you are asking for, Newton's law of gravitation.

The law of Newton's universal-gravitation states that every particle will attract every other particle in the universe. The force that attracts this is a force that is directly proportional to a product of the mass.

7 0

3 years ago

At the beginning of the year, long-term debt of a firm is $308 and total debt is $339. At the end of the year, long-term debt is

Gnoma [55]

Answer:

The amount of the cash flow to creditors is $74

Explanation:

Beginning of the year:

Long-term debt = $308

Total debt = $339

At the end of the year:

Long-term debt = $269

Total debt = $349.

Interest = $35

Net new borrowing = Ending Long-term debt - Beginning Long-term debt

= $269 - $308

= ($39)

Cash flow to creditors = Interest paid - Net new borrowing

= $35 - ($39) = $ 74

4 0

3 years ago

Net credit sales for the month are $4,000,000 for Marx Clothiers. Its accounts receivable balance is $160,000. The allowance is

AnnyKZ [126]

Answer:

Credit balance of $12,000

Explanation:

To calculate the balance of the allowance for doubtful accounts we need to multiply the total accounts receivable times the percentage of estimated bad debts:

$160,000 x 7.5% = $12,000

Since allowance for doubtful accounts is a contra asset account, when it increases it should be credited.

4 0

3 years ago