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den301095 [7]
3 years ago
5

What does "the customer is always right" mean

Business
1 answer:
Bingel [31]3 years ago
8 0
It means exactly what it says the customer is always right so no matter what you have to work with the customer to see what the problem is and to help them with what they need
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Reynolds manufacturers inc. has estimated total factory overhead costs of $95,000 and expected direct labor hours of 9,500 for t
weqwewe [10]
I would say that the 2300 hours would be debited and for the overhead, I believe it should be 2300/9500=0.242 x $95,000=$23,000 though I don't know why it would be credited and not debited as well since it is a cost also.
4 0
3 years ago
The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6: Cash balance
frez [133]

Answer:

bank statement                                          56,300

Checks outstanding                                  (25,390)

Deposit in transit not recorded by bank<u>    13,325  </u>

Adjusted bank statement                           44,235‬

Cash account                                       42,920

Bank debit memo for service charges      (35)

check register error:                         <u>       1,350   </u>

Adjusted cash account                         44,235

Explanation:

The procedure is to adjust for the unknow information and mistake of each party.

The bank is unaware of the check outstanding and deposit in transit

The company thanks to the banbk statement gets information about a mistake in his check register as it was posted for 1,500 when it should be 150.

6 0
4 years ago
O’Bryan Company began the year with a balance of $18,000 in Salaries and Wages Payable and ended the year with $11,000 in the ac
Sidana [21]

Answer:

cash payments for salaries and wages = $98,000

correct option is $98,000

Explanation:

given data

began salaries payable = $ 18,000

closing salaries payable = $ 11,000

Entity incurred expense = $ 91,000

to find out

O’Bryan will report cash payments for salaries and wages

solution

we get here cash payments for salaries and wages that is express as

cash payments for salaries and wages = began salaries payable - closing salaries payable +  Entity incurred expense     ..................1

put here value we get

cash payments for salaries and wages = $18000 - $11000 + $91000

cash payments for salaries and wages = $98,000

correct option is $98,000

8 0
3 years ago
Match the legislation with the correct description.
jeka94
Equal pay act is obviously C
3 0
3 years ago
Harry Trading Company must choose its optimal capital structure. Currently, the firm has a 20 percent debt ratio and the firm ex
AnnyKZ [126]

Answer:

They should not make the change because the price of the stocks will decrease.

Explanation:

the current price of the stocks using the perpetuity formula = dividend / required rate of return

current price with current capital structure = $5.64 / 0.123 = $45.85

if the company changes its capital structure by increasing debt, the price of the stocks will be

$5.92 / 0.136 = $43.53

since the price of the stocks would actually decrease if the capital structure changes, the change should not be made. The stockholders' wealth is measured by the price of the stocks, and if the price of the stocks decreases, then the stockholders' wealth also decreases.

4 0
3 years ago
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