Answer:
c. $140,000
D) Manufacturing Overhead.
Explanation:
800,000 / 40 = 20,000 books sold
variable cost per book:
$3 selling + 5% of the sale as adminsitrative cost =
3 + 40 x 0.05 = 5
5 x 20,000 = 100,000 variable cost
total variable cost:
560,000 + 100,000 variable selling and administrative = 660,000
800,000 sales revenue
<u> - 660,000 </u> variable cost
140,000 contribution margin
Q2:
The indirect materials will be cahrge agains t the debit of manufacturing overhead to latter define the amount under-over applied
Answer: Operations and maintenance
Explanation:
A municipal bond, is simply a bond that is issued by a either a territory, its agency or the local government, to help finance public projects like infrastructure, airports, roads, schools, and seaports.
Therefore, when a municipal bond has a net revenue pledge, the first item that gets paid from the revenue received will be for Operations and maintenance.
Answer:
<u>E) recruitment and selection</u>
<u>Explanation:</u>
The <u>human resource department </u>of an organization is responsible for assigning tax to employees after recruitment based on their abilities.
Hence, the human resource team at ICS Inc needs to improve on filling the gaps in the organization or selecting the best employee for a particular job. This role involves providing clarity regarding the tasks employees are required to perform.