All categories

2 years ago

I WILL GIVE BRAINLIEST

2 answers:

6 0

The answer is option A

Accounts receivable is an amount that a debtor (in this case the customer) owes your business. So this is considered an asset.

Accounts payable is an amount that a creditor (in this case can be us the business) owes a business. This is considered a liability.

Cost of goods sold is the amount a business pays to produce goods to be sold in a specific period of time usually a year. It is recorded on the income statement. It is considered as an expense.

yan [13]2 years ago

5 0

Answer:

b account payable is your answer.....

Explanation:

B. Accounts Payable

You might be interested in

DAR Corporation is comparing two different capital structures: an all-equity plan (Plan I) and a levered plan (Plan II). Under P

spin [16.1K]

Answer:

The answer is given below;

Explanation:

Download xlsx

8 0

2 years ago

In 1993, when Fischer began his tenure at Kodak, the film industry was evolving from one type of change which was slow to anothe

Pavel [41]

Answer:

<u><em>Radical change</em></u>

Explanation:

A distinguishing feature of radical change is that it is rapid in terms of ground breaking breakthrough innovations.

Thus, In 1993 the film industry was experiencing breakthrough innovations such as the release of the blockbuster movie "Jurassic park" which introduced high-tech special effects in the film industry.

5 0

3 years ago

Which channel is typically used between a supplier and manufacturer of industrial products?

ZanzabumX [31]

Direct channel is typically used between a supplier and manufacturer of industrial products.

A supplier is a person, company, or entity that provides products or services to another entity. For example, a laptop manufacturer or a company that sells her PCBA to his OEM is an example of a supplier.

Supply In his chain, a provider or seller is a company that provides goods or services. Generally, supply chain providers manufacture inventory/stock items and sell them to the next link in the chain. Today, these terms refer to providers of goods or services.

In business, a supplier is a person or entity that sells quality services and goods at a reasonable cost from manufacturers to retailers or distributors.

Learn more about supplier here:brainly.com/question/26500183
#SPJ4

4 0

1 year ago

Preble Company manufactures one product. Its variable manufacturing overhead is applied to production based on direct labor-hour

geniusboy [140]

The materials quantity variance for March for Preble Company, which manufactures a product, is <u>$96,000 Unfavorable</u>.

<h3>What is a materials quantity variance?</h3>

A material quantity variance shows the difference between the actual materials consumed and the budgeted amount in production.

Computing the materials quantity variance helps management to determine the production efficiency.

The materials quantity variance can be computed using the following formula:

Materials Quantity Variance = (Standard Quantity Units – Actual Quantity Units ) ✕ Standard Cost Per Unit.

<h3>Data and Calculations:</h3>

Planned production and sales units = 32,000 units

Actual production and sales units = 37,000 units

<h3>Standard Costs:</h3>

Direct materials: 4 pounds at $8 per pound $ 32

Direct labor: 2 hours at $16 per hour 32

Variable overhead: 2 hours at $6 per hour 12

Total standard cost per unit $ 76

<h3>Actual Costs:</h3>

Purchase of raw materials = 160,000 pounds

Cost of purchase per pound = $7.40

Direct labor hours = 67,000 hours

Direct labor rate = $17 per hour

Total variable manufacturing overhead = $422,100

Materials Quantity Variance = (Standard Quantity Units – Actual Quantity Units ) ✕ Standard Cost Per Unit.

= (37,000 x 4 - 160,000) x $8

= $96,000 Unfavorable

Thus, the materials quantity variance for March for Preble Company is <u>$96,000 Unfavorable</u>.

Learn more about computing variances at brainly.com/question/15858152

3 0

1 year ago

Ace Leasing acquires equipment and leases it to customers under long-term sales-type leases. Ace earns interest under these arra

exis [7]

Answer and Explanation:

The computation is shown below:

Amount to be recovered = $710,000

Present value of bargain purchase option is

= $100,000 × PV factor at 5% for 5th period

= $100,000 × 0.783526166

= $78,352.62

The Amount to be recoverd via periodic lease payment is

= $710,000 - $78,352.62

= $631,647.38

The Annual lease payment is

= $631,647.38 ÷ Cumulative PV factor for annuity due at 5% for 5 periods

= $631,647.38 ÷ 4.545951

= $138,947.25

7 0

2 years ago