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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.

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Blanche, a salesperson for Custom Restaurant Equipment, Inc., shows Dylan, a buyer for Eat n’ Dine Company, display items in Cus
MakcuM [25]

Answer:

a. ​an express warranty.

Explanation:

An express warranty -

It is the insurity given by the seller in order to give the replacement or repairs for any of the faulty product or services , within a particular time frame after purchasing the product , is known as an express warranty .

It helps to make sure about the product the buyer have purchased and for any repairs in the future .

Hence , from the question , the example shown is about an express warranty .  

6 0
3 years ago
True or false. the consumer sector is the largest part of the macroeconomy.
antiseptic1488 [7]
The consumer sector is the largest part of the macroeconomy

TRUE
4 0
3 years ago
Garcia Co. sells snowboards. Each snowboard requires direct materials of $122, direct labor of $52, and variable overhead of $67
lianna [129]

Answer:

$336.60 per unit

Explanation:

The computation of selling price per unit is given below:-

For computing the selling price per unit first we need to follow some steps which is shown below:-

Total fixed costs  = Fixed overhead costs + Fixed selling and administrative costs

= $679,000 + $114,000

= $793,000

Fixed cost per unit  = Total fixed costs ÷ Number of units expected to be produced

= $793,000 ÷ 12,200

= $65 per unit

Total costs per unit  = Direct materials + Direct labor + Variable overhead + Fixed cost per unit

= $122 + $52 + $67 + $65

= $306

Now,

Selling price per unit  = Total cost per unit × (1 + Markup)

= $306 × (1 + 10%)

= $306 × 1.1

= $336.60 per unit

7 0
4 years ago
Chiquita produces bananas for an average explicit cost of $0.25 per banana and sells 1 million bananas per week for a price of $
VLD [36.1K]

Answer:

Chiquita makes an economic profit of $250,000.

5 0
3 years ago
if a company with multiple shareholding owners merged with another company, how would the merger affect the shareholders
grandymaker [24]

If the merge happens, shareholders of both companies will have a stake in the new one.

Merger announcements will specify what percentage of the combined company each group of shareholders will own  based on the deal's terms. Shareholders whose shares are not exchanged will find their control of the larger company diluted by the issuance of new shares to the other company's shareholders.

To know more about shareholders visit :

brainly.com/question/29803660

#SPJ4

6 0
1 year ago
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