Answer:
b. The policy made decisions for other departments in the company.
Explanation:
John Smith made the policy alone without involving the other managers. When the policy was implemented, it had to work with other departments to ensure success.
As there are 3 managers and 3 departments at BSG Labs, John Smith should have formulated the new policy with the other managers, so that issues such as scheduling and coordination between bthe various departments will run smoothly.
Answer:
PV= $1,173.44
Explanation:
Giving the following information:
your tenant has agreed to pay $150 per month. There are eight months left on the lease, the appropriate interest rate is 6%, compounded monthly.
<u>To calculate the net present value, first, we need to calculate the final value and then use the present value formula.</u>
FV= {A*[(1+i)^n-1]}/i
A= annual pay= 150
i=0.06/12= 0.005
n=8
FV= {140[(1.005^8)-1]}/0.005= 1,221.21
Now, we calculate the present value:
PV= FV/(1+i)^n
PV= 1,221.21/1.005^8= $1,173.44
Answer:
I would say it B ............
Answer:
The correct answer is Debit Unearned Plowing Revenue
Explanation:
Earlier the journal entry would be recorded as:
Cash A/c.................................................Dr $4,000
Unearned Plowing Revenue A/c..............Cr $4,000
But the correct entry that should be recorded is:
Cash A/c.................................................Dr $4,000
Plowing Revenue Earned A/c..............Cr $4,000
So, in order to pass the adjusting entry, we should debit the Unearned Plowing Revenue in order to reconcile or nill the same account by debiting.
Answer and Explanation:
The computation of the contribution margin per pound for each of the three products is shown below:
As we know that
Selling price per pound - Variable cost per pound = Contribution margin
For Product K1
= $155.8 - $91
= $64.8
For Product S5
= $108.92 - $90
= $18.92
For Product G9
=$205.55 - $136
= $69.55
Now the contribution margin per pound is
For Product K1 = Contribution margin ÷ Pound
= 64.8 ÷ 4.2
= 15.43 per pound
For Product S5 = Contribution margin ÷ Pound
= 18.92 ÷ 4.1
= 4.61 per pound
For Product G9 = Contribution margin ÷ Pound
= 69.55 ÷ 5.3
= 13.22 per pound
