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Lubov Fominskaja [6]
2 years ago
12

in the month of march, chester received orders of 179 units at a price of $15.00 for their product clack, and in april receives

an order for 45 units of their product clack at $15.00. chester uses the accrual method of accounting and offers 30 day credit terms. chester delivers 0 units in march, 179 units in april and 45 units in may. they received payment for 179 units in april, and payment for 45 units in may. how much revenue is recognized on the march income statement from this order
Business
1 answer:
ollegr [7]2 years ago
3 0

Answer:

$0

Explanation:

The computation of the revenue recognized is shown below:

= Price per unit × number of units delivered in march month

= $15 × 0 units

= $0

Since 0 units delivered in the march month and if we multiplied the price per unit with the march units i.e. 0 so the answer should be zero only

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About 85% of this country is counted in the labor force is involved in agriculture. This country mostly produces cocoa, coffee,
Sever21 [200]

Answer:

Traditional Stage

Explanation:

In the traditional stage, most of the occupation of the population is always agriculture, the people are over reliant on the finished goods of other countries because of their lower wealth and most of the population is living in the rural areas, which is the case here. As it seems that the country is struggling to achieve a take-off stage because it is trying to attract foreign investment (An American company has invested in Oil reserves extraction), so we can say that it is still in the traditional stage because it hasn't increased its home demand for technology, infrastructure development, production increases, greater trade with other countries, etc which are the characteristics of the take-off stage.

5 0
3 years ago
If the paint on your house was eaten away by the fumes from a factory nearby and you hired a lawyer to sue the polluting firm, y
AlexFokin [52]

Answer:

It would be external costs

Explanation:

7 0
3 years ago
A firm is considering two different capital structures. The first option is an all-equity firm with 75,000 shares of stock. The
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Answer:

$395833

Explanation:

Calculation to determine How much money is the firm considering borrowing if the interest rate is 8 percent

Amount to borrowed=(95000 / 75000) = [95000 – (X * 0.08)] / 50000

Amount to borrowed=1.26 = [95000 – (X * 0.08)] / 50000

Amount to borrowed=63333.33 = 95000 – (X * 0.08)

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Amount to borrowed=X=31666.65/0.08

Amount to borrowed=$395833.33

Therefore How much money is the firm considering borrowing if the interest rate is 8 percent will be $395833

6 0
3 years ago
Asteroid Industries accumulated the following cost information for the year: Direct materials $16,000 Indirect materials 4,000 I
Serhud [2]

Answer:

The answer would be $53000.

Explanation:

In simplest words, factory overhead costs or manufacturing overhead costs are the total amount of costs associated with the making of the product or on other factory tasks.  

Total manufacturing cost is found by adding all the cost of direct materials, direct labor and overheads. It is shown as below:

Total Overhead Cost = Direct materials + Direct Labor + Overheads

Here direct materials are $16000

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There are no overheads costs given, so overhead costs will be = 0

Now substituting the values in the formula, we get the following:

Total Overhead cost = 16000+37000+0= $53000

3 0
3 years ago
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trapecia [35]

Answer:

A) disclose to the seller that he has a license and inform his broker of the transaction

Explanation:

Even though Sam is trying to purchase the property for himself, he must still inform the seller about his broker status. It probably wouldn't affect the sale in any way, but the obligation to disclose the information exists.

The same applies to Sam's broker, even though the transaction will not generate any commission, he still has to inform about it.

8 0
3 years ago
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