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ki77a [65]
2 years ago
6

A company must account for a contract modification as a new contract if Group of answer choices the modification adds distinct g

oods or services at a price that reflects their stand-alone selling price. the seller has the right to receive consideration equal to the stand-alone selling price of the promised goods or services. the promised goods or services are distinct and separable from other goods or services promised in the original contract. the promised goods or services are distinct and the contract has commercial substance.
Business
1 answer:
OLEGan [10]2 years ago
7 0

Answer:  the modification adds distinct goods or services at a price that reflects their stand-alone selling price.

Explanation:

When multiple goods or services are offered in the same contract they are not usually given their standalone price but rather a contract price that is less as a form of discount for getting all the goods at the same time.

When a modification is added however, that reflects the standalone price of goods added, the contract has to account for the contract modification because there are now multiple pricing conventions and this needs to be accounted for.

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6 0
3 years ago
Two stores sell the same computer for the same original price. store a advertises that the computer is on sale for 25% off the o
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4 0
3 years ago
Mott Company's sales mix is 3 units of A, 2 units of B, and 1 unit of C. Selling prices for each product are $34, $44, and $54,
Airida [17]

The break even point in composite units is 5000 units.

Break even point

The Break-even point  is calculated by dividing the fixed cost by the contribution margin per unit.

For this sales mix, the contribution margin per unit is the aggregate of each contribution margin. Contribution margin is calculated by subtracting variable cost from the selling price  

Contribution margin  for A is $20- $12 = $8  x 3 units

Contribution margin for B is  $ 30 - $18 = $12 x 2 units

Contribution margin for C is $40 -$24= $16  x 1 unit

Total contribution margin per unit will be

(8 x 3) x (12 x 2 ) x( $16 x 1)= $64

Break-even point = $320,000 /64

Learn more about break even point here :

brainly.com/question/15356272

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7 0
2 years ago
Some of the benefits that Robix gives to its CEO and other top executives as a way to attract and retain talented individuals in
egoroff_w [7]

Answer:

Perquisites

Explanation:

Perquisites are added benefits attached tonan office or a position in addition to normal salaries and wages. It includes both direct and indirect benefits that an employee enjoys in addition to his or her normal salary. It is also called Perks for short and can include houses, cars and so on. In this case, the perks are given to top executives members and they include country club membership, vacation policies and chauffeurs.

4 0
3 years ago
Why is a bank a safe place to put money? The government holds banks accountable for lost funds. The Federal Deposit Insurance Co
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It's the FDIC.  
I hope this helps.
8 0
3 years ago
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