Answer:
Lyon sent a sales tax of $1200 to the federal government in April. The introduction for recording the state payment would have included 4.
Answer:
The correct answer is $11.25 $10.00.
Explanation:
According to the scenario, the given data are as follows:
Contribution margin for product A = $22.5 per unit
Product A time required = 2 machine hours
Contribution margin for product B = $40 per unit
Product A time required = 4 machine hours
So, we can calculate the contribution margin per unit by using following formula:
Contribution margin per unit = Contribution margin for product ÷ Time required
So, Contribution margin per unit, Product A = $22.5 ÷ 2 = $11.25
Contribution margin per unit, Product B = $40 ÷ 4 = $10
Complete Question:
Assuming that Sooner Company uses accrual-basis accounting, when would the company record the expense related to the supplies?
A. May 2
B. May 8
C. May 15
D. May 20
Answer:
May 15th company would record the expense related to the supplies.
Explanation:
Accrual basis is a way to report income and costs incurred in financial activities. The accrual justification includes the use of purchase tax deductions, bad debts and technological progress of inventories, which arise in advance of these products.
An illustration of accrual accounting is to report sales as soon as the consumer gets the associated invoice.
Although it is more complex and nuanced than cash accounts, most businesses use accrual accounting as normal accounting procedure. Many companies have postponed accounts due and accounts receivable for a long time, for example, selling credit or ventures generating revenue streams. These incidents also change the finances of the firm although no cash is earned automatically.
A final good or service is one sold to the end user and is not used to produce another product for subsequent sale.
<h3>What is a final good?</h3>
A final good is a good that can be consumed in the state that it is. It does not need to go any further production process in order to be used by consumers.
A final good is sold to its end user. Only final goods are included in the calculation of gross domestic goods. On the other hand, an intermediate good is a good that is still used in the production process to produce the final good.
An example of a final good is bread. An example of an intermediate good is the flour used to make the bread.
To learn more about final goods, please check: brainly.com/question/13447937
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Answer:
The resulting CA percentage for the week to the nearest number is 94%
Explanation:
CA refers to Commitment Adherence.
Commitment Adherence (CA) is a way to calculate the reliability of an employee in relation to how much time they put into their work.
Put differently, it is a mathematical comparison between how much time you stated that you were going to work versus the actual amount worked. This concept is prevalent with people who use clock-in and clock-out system to measure productivity.
Step 1
The formula for calculating Commitment Adherence (CA) is:
(Serviced Minutes - Excused Non-Serviced Minutes) / (Posted Minutes + Released Minutes)
When you log out at about 5 minutes early it translates to 83% because each interval is 30 minutes. So 23/30 = 83%
Step 2
There are 8 intervals. 5 of them are 100% each. Thus total intervals for the week equal
(5*100%)+(3*83%) =
7.49 *30 = 224.7
Total number of intervals selected =
8*30 = 240
Therefore commitment adherence = 224.7/240
= 0.94%
Cheers!