Answer:
Break-even point in units= 2,984 units
Explanation:
Giving the following information:
The one-time fixed costs will total 49982. The variable costs will be $8.50 per book. The publisher will sell the finished product to bookstores for 25.25 per book
<u>To calculate the break-even point in units, we need to use the following formula:</u>
Break-even point in units= fixed costs/ contribution margin per unit
Break-even point in units= 49,982/ (25.25 - 8.5)
Break-even point in units= 2,984 units
Answer:
the grievance procedure
Explanation:
Here are the options
picketing
fact finding
the corporate campaign
the grievance procedure
decertification
the grievance procedure is the formal way by which an employee can make a grievance or complaint known to their employers. It is a means of internal grievance resolution.
Steps to grievance procedure
- the employee submits their complaint to their supervisor
- the supervisor and the union representative review the case to determine if it is valid or not.
- if it is not valid, the grievance is discarded
- if it is valid, the grievance is resolved
- If the employee is not satisfied with the way the grievance is resolved, the employee can report to another person with a hierarchy. Here the union represents the employee
Answer:
a) ME= 1.93
b) confidence interval= (19.59,23.45)
Explanation:
a) Sample of customers is 64, population standard deviation is 6 and confidence level is 99%
Sample mean= 21.52
Sample size= 64
Confidence level= 99%
Population standard deviation= 6
Standard error of the mean= 0.75
Z-value= -2.5758 (From Z table)
Interval half width= 1.9319
Margin of error at 99% confidence interval is 1.93 from the output.
b) Confidence interval
Interval upper limit= 19.59
Interval lower limit= 23.45
99% confidence interval is (19.59, 23.45) from the output.
ME=
= 1.93
<u>Adjusting entry for Interest receivable:</u>
It is given that Waterway industries loaned $610000 to another corporation on December 1, 2017 and received a 3-month, 9% interest-bearing note with a face value of $610000. Hene we need to record the Interest receivable for the period of one month as on December 31. Interest =610,000*9%/12 = $4,575
The adjusting entry as on Dec. 31 shall be as follows;
Interest Receivable Debit $4,575
Interest Revenue Credit $4,575
(Being adjustment made for Interest receivable)
Hence, the correct answer is:
Debit interest receivable and credit interest revenue, $4575