Complete question:
Simon Inc. currently produces 110,000 units at a cost of $440,000. The cost is variable. Next year Simon Inc. expects to produce 115,000 units. Simon's relevant range for production is 100,000 to 120,000 units. If 115,000 units are produced next year, what is the expected variable cost?
A) $420,000
B) $430,000
C) $440,000
D) $460,000
Explanation:
Given ,
Simon Inc. currently produces 110,000 units at a cost of $440,000
Next year Simon Inc. expects to produce 115,000 units
Range for production is 100,000 to 120,000 units.
Now , we need to find out
If 115,000 units are produced next year, then the expected variable cost equation is ,
Variable cost per unit =
= $460,000
Answer:
The answer is: Tim forgot to get a building permit
Explanation:
In order to convert a mobile home into real property, these conditions must be met:
- homeowner must obtain a building permit
- the mobile home must be attached to a permanent foundation
- homeowner must obtain a Certificate of Occupancy
- you must have a record stating that the mobile home has been attached to a permanent foundation
Tim complied with three out of the four requirements needed to convert his mobile home into real property, but he forgot the first step.
Answer:
1. Debit Accounts recievable $10,600
Credit Allowance for uncollectable amounts $10,600.
2. Debit Cash $10,600
Credit Accounts receivable $10,600
Explanation:
Preparation of the journal entries to Record the cash collection on September 9.
Based on the information given the appropriate journal entries to Record the cash collection on September 9 will be:
September 9
1. Debit Accounts recievable $10,600
Credit Allowance for uncollectable amounts $10,600
2. Debit Cash $10,600
Credit Accounts receivable $10,600
Answer:
-can provide you with supplemental funds that enhance what your group does and provide new opportunities for your members
- nurture and expand awareness for the cause, project, or brand that you are raising money for
-save and change lives, cure illnesses, protect the planet and make Government change the way they operate
Answer:
Socially responsible funds are distinguished from other mutual funds because they invest only in companies that meet specified moral, ethical or environmental standards.
Explanation:
Socially responsible funds are mutual funds that follow the criteria of Socially Responsible Investing (SRI). SRI is an investment strategy that consists on choosing the companies in which to invest the money considering not only financial return, but also the social or environmental impact and appreciating good management.