Answer:
The correct option is D,debit Cost of Goods Sold $4,100 and credit Finished Goods Inventory $4,100
Explanation:
The total job costs is $4,100 not $4,400 ,which then means that the cost of goods sold is $4,100.
The appropriate entry for such sale is to credit merchandise inventory since the inventory reduces due to such sale being made while cost of goods sold is debited with the same amount.
In a nutshell, the correct option is D,
Answer:
d. living paycheck to paycheck
Explanation:
Being financially stable means the ability to generate sufficient income to meet current and future expenditures. It means one can comfortably pay current bills, and have enough to meet for unexpected or emergency expenses. A financially stable person can afford the basic need as well secondary needs such as education, investments, and vacations with ease.
From the list provided, examples of financial stability will include the ability to save for the future, meet current bills, and not living paycheck to paycheck. Living from paycheck to paycheck means a person spends all his or her earnings within the month. In most cases, their monthly budgets exceed income. The individual may have slightly enough or insufficient resources to last them until the next payday.
Answer:
The correct answer is reverse logistics.
Explanation:
Reverse logistics is responsible for the recovery and recycling of packaging, packaging and hazardous waste; as well as the processes of return of excess inventory, customer returns, obsolete products and seasonal inventories. It is a way of return for materials that are reused, recycled or destroyed.
Logistics also evolves and adapts to the needs that the sector gradually has. This type of logistics was born to help care for the environment, an increasingly important need in the sector.
Incomplete question. However, it would be inferred you want to know the requirements to calculate net income.
<u><em>Explanation</em></u>:
Remember, net income is total revenue minus total cost. Since Apple anticipates selling 100,000 units, if we assume the fixed cost to be $2,400 and the variable cost $34, and selling price unit is $150.
- Total cost= 2400+ (34*100,000)= 3,400,000
- Total Revenue= 150*100,000= $15,000,000
- Net income= 15,000,000-3,400,000= $11,600,000
The Net income is therefore $11,600,000.
