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2 years ago

when setting up a product/service item in quick books which box do I check to assign a preferred vendor

1 answer:

6 0

To create service items in QuickBooks Desktop, click the “Item” button in the lower-left corner of the list window. Then select the “New” command from the pop-up menu. In the “New Item” window, select “Service” from the “Type” drop-down. Enter a name for the service into the “Item Name/Number” box.

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Rheingold Supply has a seniority system by which employees who have worked the longest are first in line for promotions and last

MAVERICK [17]

B because legitimate defense does have a senority system

4 0

3 years ago

Which of the following is something you can do to protect yourself from being pinned?

solmaris [256]

the answer is B, hope this helps.

7 0

3 years ago

Read 2 more answers

Solar Innovations Corporation bought a machine at the beginning of the year at a cost of $25,000. The estimated useful life was

tatiyna

Answer:

The correct answer is Double-declining-balance. The highest net income in year 2 is 6000.

This higher net income don´t mean the machine was used more efficiently under this depreciation method.

Explanation:

In the file attached you will find a depreciation schedule for each of the alternative methods.

Each method need different calculus.

Straight-line

depreciation expense=(Original Value -Residual Value)/Useful life=

depreciation expense=4400

Units-of-production

estimated productive life 10000

Units of Production Rate=(Original Value -Residual Value)/estimated productive life=2,2

Double-declining-balance.

Depreciation rate = 1/useful life *100= 20,00%

Download xlsx

4 0

3 years ago

As sales manager, Joe Batista was given the following static budget report for selling expenses in the Clothing Department of So

julsineya [31]

Answer:

SORIA COMPANY

Clothing Department

Flexible Budget Report

For the Month Ended October 31, 2017

See attachment.

In flexible budgeting, the fixed costs are assumed to be constant within the relevant range. Only the variable costs are flexed.

Workings:

1. Sales Commission = $1,680/8,400 x 9,000 = $1,800

2. Advertising = $1,176/8400 x 9,000 = $1,260

3. Travel Expense = $4,032/8,400 x 9,000 = $4,320

4. Free Samples = $1,680/8,400 x 9,000 = $1,800

Explanation:

The flexible budget is one that flexes the activity level or volume in order to recognize changes that may arise. This changes the base volume of the variable costs.

To achieve this, the value under the static budget is divided by the static budget volume and multiplied by the flexed budget volume(s).

In this case, when the budget was flexed from the static sales volume of 8,400 to 9,000 in accordance with the actual volume achieved, the favorable value was increased from $1,188 to $1,800 more than 50% increase.

The implication is that a flexible budget helps to better evaluate performance than its opposite, the static budget.

Download xlsx

8 0

3 years ago

The wireone company manufactures high-quality coated electrical wire in two departments, weaving and coating. materials are intr

storchak [24]

<h2><u>Answer:</u></h2>

Equal Units; Assigning Costs—Weighted-Average Method [LO2, LO3, LO4, LO5] The WireOne Company makes high caliber covered electrical wire in two offices, Weaving and Coating. Materials are presented at different focuses amid work in the Weaving Department.

After the weaving is finished, the materials are moved into the Coating Department, where strength plastic covering is connected. Chosen information identifying with the Weaving Department amid May are given underneath:

The organization utilizes the weighted-normal strategy. Required: 1. Figure the proportional units of creation. 2. Register the expenses per proportional unit for May. 3. Decide the expense of completion work in procedure stock and of the units exchanged to the Coating Department. 4. Set up a cost compromise between the costs decided in (3) above and the expense of starting stock and expenses included amid the period.

6 0

3 years ago