Answer:
Net purchase = $333,000
cost of goods purchased =$350,000
Explanation:
net purchases = purchases-returns-discounts
= 351,600 -12,300 - 6,300
cost of goods purchased = net purchases + freight
= 333,000+17000
=$350,000
An alcohol server must complete an ABC-approved rbs training program and pass an ABC-administered exam within 60 calendar days of employment.
<h3>Who is an Alcoholic Server?</h3>
This refers to the person that pours the alcoholic drink to people that come to bars to buy.
Hence, we can see that based on government regulations, an alcoholic server is mandated to take an ABC-approved exam within the period of 60 days after he has been employed.
Read more about alcohol servers here:
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Answer:
0.28 %
Explanation:
Property A:
Percentage change in prices= (New price – old price)/Old price
= (375000 – 350000)/350000
=.0714= 7.14%
Monthly percentage= 7.14/24= .2975%
Property B:
Percentage change in prices= (New price – old price)/Old price
= (340000 – 325000)/325000
= .0461= 4.61%
Monthly percentage= 4.61/18= .256%
As they have equal weightage= (.256 + .2975)/ 2
= .2767= .28%
Answer:
c. purchase of raw materials and collection of any outstanding receivables from the sale of the product.
Explanation:
A manufacturer refers to an individual or business firm that typically engages in the production of finished goods and sells them to the consumers, in order to meet their demands.
Generally, a manufacturer through a combination of processes, tools and equipments, produce finished goods from raw materials and sells them to the consumers.
This ultimately implies that, the operating cycle of a manufacturer is the length of time between the purchase of raw materials from suppliers and collection of any outstanding receivables from the sale of the product to consumers.
Answer:
The level of sales in units is 7,400
Explanation:
The computation of the level of sales in units is shown below:
= (Fixed cost + target income) ÷ (Contribution margin per unit)
= ($286,200 + $106,000) ÷ ($163 per unit - $110 per unit)
= $392,200 ÷ $53 per unit
= 7,400 units
The Contribution margin per unit is
= Selling price per unit - variable cost per unit
Henec, the level of sales in units is 7,400