Answer: Evaluate demand
After setting the pricing objective, the next step in Amy's price-setting process is to evaluate demand
Explanation:
Answer:
the organization agrees to pay the contractor for the cost of performing the service or providing the goods plus a profit.
Explanation:
A contract can be defined as an agreement between two or more parties (group of people) which gives rise to a mutual legal obligation or enforceable by law.
There are different types of contract in business and these includes: fixed-price contract, cost-plus contract, bilateral contract, implies contract, unilateral contract, adhesion contract, unconscionable contract, option contract, express contract, cost reimbursable contract, etc.
In a cost reimbursable contract, the organization, which is the client agrees to pay the contractor for the cost of performing the service or providing the goods plus a profit.
This ultimately implies that, a client such as a business organization that enters into a cost reimbursable contract with another party such as a contractor, agrees to pay the contractor an agreed amount of money upon the completion or execution of the contract.
Answer:
Fee Receivable$7,200
To Service Fees Earned $7,200
(Being the service fess earned is recorded)
Explanation:
Th adjusting entry is shown below:
Fee Receivable$7,200
To Service Fees Earned $7,200
(Being the service fess earned is recorded)
For recording this we debited the fees receivable as it increased the assets and credited the services fees earned as it increase the revenues
Since the payment is made for 6 months but we have to recorded for 4 months i.e computed from September 1 to December 31
= $10,800 × 4 months ÷ 6 months
= $7,200
Answer:
$924
Explanation:
Bargain element per share = Market price at exercise - Exercise price
Bargain element per share = $16 per share - $10 per share
Bargain element per share = $6 per share
Amount of bargain element = Bargain element per share * (Number of options * Number of shares per option)
Amount of bargain element = $6 per share * (11 options * 14 shares per option)
Amount of bargain element = $6 per share * 154 shares
Amount of bargain element = $924
So therefore, the amount of Marti's bargain element is $924
Answer:
c. $1,740 F
Explanation:
The
is the measure of the
between the amount of materials that is used in actual for the production process and the amount of the material that was expected or estimated to be used in the production process.
It is given that the Snuggs Corporation applies the variable overhead on direct labor hour basis.
Therefore, the SQ = 2.8 ounces per unit x 1100 units = 3080 ounces
The materials quantity variance = (AQ - SQ) x SP
= (2790 ounces - 3080 ounces) x $ 6 per ounce
= (-290 ounces) x $ 6
= $ 1740 F