Answer:
$51,611
Explanation:
The computation of true balance is shown below:-
Trinkle Company
Particulars Amount
Unadjusted Balance $53,439
Add : Deposit in Transit Jun $2,560
Less : Outstanding Check Jun 30 $4,388
True Cash Balance As on Jun 30 $51,611
Hence, the true cash balance as on June 30 is $51,611 and the same is to be considered
Answer:
to cheer, salute, or greet; welcome. to acclaim; approve enthusiastically: The crowds hailed the conquerors. They hailed the recent advances in medicine
You can find coca-cola products in discount stores, grocery stores, convenience stores, and even vending machines. coca-cola practices _______________ distribution with its product lines.
Intensive
Answer:
The correct answer is d. $0.31 per client-visit; $24,766 per month.
Explanation:
The costs can be of fixed nature or a variable nature or of a mixed nature. A mixed costs contains a component of both fixed and variable costs. The high-low method is used to calculate the variable component per unit of a mixed cost. Th formula for high low method is:
Variable cost per unit = (Highest activity cost - Lowest activity cost) / (Highest activity level - Lowest activity level)
the highest activity is in June, 13400 client visits and the highest cost is also of this activity. The lowest activity is in August, 11207 client visits and the lowest cost belongs to this activity.
Variable cost per unit = (28920 - 28235) / (13400 - 11207)
Variable cost per unit = $0.31 rounded off to two decimal places
The fixed cost = Total cost - total variable cost
Taking 13400 activity,
The fixed component is = 28920 - (0.31 * 13400) = $24766 per month
Thus, the correct answer is d.