Flyer would have to cut $2 per unit in order to meet the new target cost.
<h3>What is target cost?</h3>
The target cost of a product is the expected selling price of the product minus the desired profit from selling
First, we need to get the target cost
= Target Selling price per unit - Target profit per unit
= $48 - ($48 x 0.125)
= $48 - $6
= $42
Then, Flyer have to cut costs per unit
= Cost for product - Target cost
= $44 - $42
= $2
Hence, Flyer would have to cut $2 per unit in order to meet the new target cost.
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The most efficient and effective in managing its inventory is Company B.
<h3>Who is the most efficient?</h3>
The days' sales in inventory is a financial ratio that measures the rate at which a firm is able to sell its inventory in a given year. The lower the ratio, the more efficient a firm is in selling its inventory.
Days' sales in inventory = number of days in a period / inventory turnover
Inventory turnover = cost of goods sold / average inventory
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Answer:
See below
Explanation:
This transaction will affect the bank balance by increasing it with the check amount. The bank is cash (asset ) held in the bank. An increase in assets account is a debit. The bank A/c will be debited.
The check is received from Yogesh. Yogesh must have bought goods on credit and hence is an account receivable (asset). Since Yogesh has paid, his account decrease by the check amount. A decrease in assets is credited.
The journal entry will be
Bank A/c DR. Rs 4500
Yogesh A/c Cr. Rs 4500
Answer: made
Explanation: In simple words, adjustment in accounting refers to the transactions that are not recorded in the accounts yet but actually belongs to it with respect to the time period of their occurrence.
There are generally five types adjusting entries accrued revues, accrued expenses, deferred revenues, deferred expenses and deprecation expenses. Such entries are usually made at the end of the year in their respective accounts.
Coca Cola? I might be wrong but I'm pretty sure
