Answer:
<h3>Layaway</h3>
Explanation:
A system of paying a deposit to secure an item for later purchase.
Answer: The correct answer is "D".
Explanation: The TRUE statement abaout a note receivable is "D", it can be transferred to another party by endorsement.
Note Receivables are created when customers sign documents known as promises of payment and agree to pay the face value of the document, along with interest, on a given date.
These can only be transferred to another person through the endorsement.
A savings account would be properly classified as cash which is an interest bearing bond account held at a bank or alternative monetary organization that offers an uncertain interest rate. The banks or monetary organizations may have assured the number of withdrawals can create from savings account each month and burden fees if uphold a certain average monthly balance in the account.
Answer:
D
Explanation:
Product portfolio analysis is basically a comparison of a company's different products so it can help allocate the resources to those products which are really doing well. And also to spend less on the resources which are not doing well.
The four key terms which are used in it are as follows;
STAR; high market share and growth
QUESTION MARK; high growth but low market share
CASH COW; low market growth rate but high share
DOG; low growth rate and low share.
Answer:
$0.15 hours per unit
Explanation:
Given that
Direct material cost = $16
Assume Direct labor cost = X
Manufacturing overheads = $18
Profit margin = 20%
Direct labor per hour cost = $28
The computation of direct labor-hour input is shown below:-
Total manufacturing cost = X + $34
Total cost of goods sold = (X + $34) × 1.7 = $66
Direct labor cost per unit
= (X + $34) = $38.82
= $38.82 - $34
= $4.32
Direct labor hours per unit = Direct labor cost per unit ÷ Direct labor per hour cost
= $4.32 ÷ $28
= $0.15 hours per unit