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melomori [17]
3 years ago
5

Every few months for the past six years, Camille has ordered between $1,000 and $1,250 worth of crickets from Khan's Crickets, d

epending on the needs of her exotic pet stores. This month, Camille accidentally writes $1,000,000 on Khan's standard order form when ordering crickets, instead of $1,000. What result?
Business
1 answer:
FrozenT [24]3 years ago
3 0

The result of this mistake on the order form is that Khan's Crickets should verify from Camille the actual order amount intended.

We may factor in the fact that the number of crickets will show the correct quantity that Camille requires, then Khan should supply only the quantity on the order form and request for a corrected or revised order form from Camille.

Thus, the result is that Khan's Crickets will still supply crickets with an invoice worth $1,000, not adhering to the mistaken total sum.

Related link for similar mistake on order form at brainly.com/question/17251413

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Answer:

Explanation:

The main objective of cost accounting are ascertainment of cost, fixation of selling price, proper recording and presentation of cost data to management for measuring efficiency and for cost control and cost reduction, ascertaining the profit of each activity, assisting management in decision making process.

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What is the ultimate goal of any marketing communication k
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the ultimate goal of marketing communication is tho increase sales of your company's products and services

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As the head of an individual firm, what feature would be the lease beneficial
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6 0
3 years ago
Sue, of Sue’s Sandwich Shoppe, sells sandwiches and soda from a side walk cart. She sets up her care in the summers to raise mon
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Answer:

$500

Explanation:

The Costs of goods sold is the expense incurred while producing goods for sale. Costs of goods sold or COGS is the total direct cost production for goods sold in a period.

COGS = Beginning Inventory  + purchases - closing Inventory

In this case,

the COGS for one soda is $4, and the COGS is $1.

the combined COGS is $5 ( $4 + $1)

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7 0
3 years ago
Mitchell Company sells its product for $100 per unit. The company's accountant provided the following cost information:Manufactu
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Answer:

Break-even point= 2600 units

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<u>The break-even point refers to the units necessary to cover a company's total amount of fixed and variable expenses during a specified period of time. </u>

The formula to calculate the break-even point is the following:

break-even point= fixed costs/contribution margin

Contribution Margin: The contribution margin is a product's price minus all associated variable costs (sales- variable costs), resulting in the incremental profit earned for each unit sold.

Fixed costs: A fixed cost is a cost that does not change with an increase or decrease in the amount of goods or services produced or sold.

In this case:

Contribution margin= $100 - (45+20+10)= $25

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6 0
3 years ago
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