1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
PolarNik [594]
3 years ago
15

Assume that Amazon sells the MacBook Pro, a computer produced by Apple, for a retail price of $1,500. Amazon arranges its operat

ions such that customers receive products directly from Apple Stores rather than Amazon. Customers purchase from Amazon using credit cards, and Amazon forwards cash to Apple equal to the retail price minus a $150 commission that Amazon keeps. In this arrangement, how much revenue will Amazon recognize for the sale of one MacBook Pro?
Business
1 answer:
tatuchka [14]3 years ago
7 0

Answer: $150

Explanation:

Based on the information given in the question, the journal entry provided will be:

Debit Customer $1500

Credit Account Payable (Apple) $1350

Credit Commission income/Revenue $150

Therefore, the revenue that Amazon will recognize for the sale of one MacBook Pro is $150.

You might be interested in
In the Shaping Department of Oriole Company the unit materials cost is $4.00 and the unit conversion cost is $2.00. The departme
noname [10]

Answer:

200

Explanation:

you will get 200 dollars

5 0
3 years ago
Determine the total cost for this plan given the following forecast:
goblinko [34]

Answer:

                                                 Month

                                              1            2           3              4         5          6

Units      

Forecasted Demand         380       400     420    440 460       480

Regular Production         400       400        400      400     400        400

Overtime                          0          0          0       40    40         40

Subcontracting                  0          0          0        0   20         40

Inventory at end of month 20         20          0        0   0         0

Cost      

Regular Production  $10,000  $10,000  $10,000  $10,000 $10,000 $10,000

Overtime production cost $0        0   $0   $1,600 $1,600 $1,600

Subcontract cost                $0        0   $0     $0 $1,200 $2,400

Inventory holding cost      $300     $300   $0     $0 $0           $0

Total Cost                                                    $69,000

Explanation:

3 0
3 years ago
What is the safest way to make sure you are using a copyrighted image fairly? A. Do a Google image search. B. Save the image to
Gennadij [26K]

Answer:

Ask the CopyRight Owner for Perrmission

Explanation:

Asking the copyright owner for permission is the safest way to make sure you are using a copyrighted image fairly.

8 0
2 years ago
ok so when I first joined it said questions could be answered in less than 10 min. Im looking through the unanswered and some ha
Liono4ka [1.6K]

Answer:

Explanation:

Well if the person doesnt know the answer , then none of them will answer the quation. Until someone knows the answer , the question will be blank. if the question is not answered for a long time then the question will be deleted eventually by the moderators.

Hope this helps :)

5 0
3 years ago
What can participation in school activities reveal about<br> your self?
Ksju [112]

Explanation: Participation helps your teacher what you know. So your teacher can help you with certain things.

Hope this helped! :>

-TanqR

3 0
3 years ago
Other questions:
  • Most manufacturers today shy away from using global sourcing owing to the growing concerns over issues related to quality.
    7·1 answer
  • What are the three major responsibilities of the federal reserve?
    8·1 answer
  • On January 1, Boston Enterprises issues bonds that have a $3,400,000 par value, mature in 20 years, and pay 9% interest semiannu
    8·1 answer
  • Public orders on a designated market maker's book show Broker A bidding for 100 shares of ABC Corporation at 42.25. Broker B is
    12·1 answer
  • f an agent indulges in commingling, she _____. Select one: a. most likely will not be liable for loss to the principal b. violat
    15·1 answer
  • at the end of the year, the walt disney company has a profit of $920 million. this profit belongs to which of the following grou
    15·1 answer
  • Jan is an average salesperson. She tends to make her sales quota four out of every five months. Last month she closed the larges
    8·1 answer
  • CircuitTown commenced a gift card program in January 2018 and sold $12,900 of gift cards in January, $19,950 in February, and $1
    9·1 answer
  • For the majority of companies, the most common increase in the cost of production results from rising ____.
    5·2 answers
  • Equipment that cost $54,000 and had $30,000 of accumulated depreciation was disposed of for $27,000 cash. The entry to record th
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!