Answer:
$ 10
Explanation:
Given:
For Bedford lamp
Sales price = $ 26
Variable cost = $ 16
Machine hours required per unit = 1
Now,
the contribution margin per unit = Sales price - Variable cost
= $ 26 - $ 16
= $ 10
therefore,
the contribution margin per machine hour is calculated as:
= contribution margin / machine hours
or
= $ 10 / 1
or
= $ 10
hence,
the contribution margin per machine hour for the bedford lamp is $ 10
Answer:
To treat this in the bank reconciliation, the difference of $45 is deducted from the balance per bank.
Explanation:
Based on the information given;
The amount recorded (as a deduction) in the books was in excess of $45 being the difference between the actual amount $749 and the erroneous amount recorded $794.
As such, to reconcile the bank statement balance to the balance in the books, the difference $45 is deducted from the balance per bank.
However, in the computation of the book balance the excess amount $45 is added to the book balance to correct the error.
Describe business owner policy.
One business insurance coverage known as a Business Owner's Policy (BOP) combines business property and liability insurance. BOP insurance aids in protecting your company from claims brought about by fire, theft, and other covered events.
A unique sort of commercial insurance created specifically for small and medium-sized firms is known as a business owner's policy.
Liability, property, and business income insurance coverages are the three main categories of coverage included in the BOP. These specifically consist of: If your company is accused of harming another person or causing bodily harm while conducting business, general liability insurance will defend your company against legal action.
Learn more about Business Owner's Policy here
brainly.com/question/23282485
#SPJ4
