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2 years ago

Assume the following data for Oshkosh Company before its year-end adjustments:

Business

1 answer:

babunello [35]2 years ago

4 0

Answer:

a. Dr Sales $619,200

Cr Customer Refunds Payable $619,200

b. Dr Estimated Returns Inventory $400,000

Cr Cost of Merchandise Sold $400,000

Explanation:

a. Preparation of the journal entry to record Estimated customer refunds and allowances

Dr Sales $619,200

($51,600,000 × 1.2%)

Cr Customer Refunds Payable $619,200

(To record Estimated customer refunds and allowances )

b. Preparation of the journal entry to Estimated customer returns

Dr Estimated Returns Inventory $400,000

Cr Cost of Merchandise Sold $400,000

(To record Estimated customer returns)

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Smallville has a linear production possibility frontier in the production of good X and good Y. It can produce 6 of X per hour o

aliina [53]

Answer:

The maximum amount of good Y produced will be 960.

Explanation:

Smallville has a linear production possibility frontier in the production of good X and good Y.

It can produce 6 of X per hour or 8 of Y per hour.

It has 240 hours of labor and divides labor hours equally between the production of good X and good Y.

It means that both good X and good Y get 120 hours of labor each.

The amount of good Y produced in 120 hours

= $120\ \times\ 8$

= 960 units

6 0

3 years ago

Many gas stations with convenience stores sell gas at, or close to, cost. In these organizations, profit comes from the convenie

OLga [1]

Answer: build traffic.

Explanation:

The pricing model employed by such gas stations is built in a way to drive traffic. traffic is important and has an impact in many ways 1. low traffic can bog your business down at some level.

2. When you increase your traffic along with the quality of the visitors, the better you will be able to increase your sales.

traffic in this context refers to customers the more you are able to pull customers over the more sales you make.

4 0

3 years ago

If a speech consists of a story or series of short stories, which pattern of organization is the speaker using

Liono4ka [1.6K]

The pattern that is being referred to above is called the NARRATIVE PATTERN. If a speech contains a story or a series of short stories in it, and only includes a vivid imagery, the setting, plot and characters, then this would fall in the narrative pattern. Narrative means to narrate or to tell something according to the other of when it happened.

6 0

2 years ago

Coca-Cola's worldwide sales as of December 31, 2011, was 26.7 billion cases. Assume the following sales distribution:

kondaur [170]

Answer:

Assuming the same rate that Coca Cola's did in Germany between 1939 and 2008 and the same volume distribution of 2011 cases sales, then hypothetically sales in Germany in 2053 would be 226 bilion cases.

Explanation:

Taking the Coca Cola's worldwide growth the same rate that Coca Cola's grew in Germany between 1939 and 2008, that is 10.26% per, then for the 26.7 billion from today up to the 2053 year we would have:

S = 26.7 billion * (1.1026)^42 = 1614 billion cases

If we use volume distribution of the year 2011, then sales in Germany would be:

SG = 1614 billion cases * 14 % = 226 billion cases

3 0

3 years ago

David ungar holds a dunkin' donuts franchise. The terms of his franchise agreement require him to use only those ingredients fur

Andrej [43]

In a franchise, the franchisor allows the franchisee to trade under its name and see its products for a fee The franchisee pays an original fee to franchisor and a percentage of its profit for the privilege.So,since, Dunkin' Doughnuts is sharing its' brand name and image with David Ungar(his franchisee) it would definately want to improve it...at the least maintain it...David too is right on the other hand as there can be a possibility that he wants to use ingredients of a much higher quality than that provided.But dunkin' doughnuts can't still allow to do that as it has other franchisees to look after.Imagine that=>all the franchisees of dunkin' doughnuts use different ingredients with different quality..wouldn't this affects the image of the franchisor...also all the food items they sell will have a different taste depending on the ingredients.And if one of the franchisee buys cheap ingredients... thereby producing low quality out put ..the customers will not be satisfied...this will not only affect that franchisee but also the Brand image of the whole business worldwide.

To conclude,David may not be wrong with his idea but since dunkin' doughnuts is a big business with a good brand image...it has its' terms and requirements.

5 0

3 years ago