Answer:
d. Debit Cost of Goods Sold $500.
c. Credit Merchandise Inventory $500.
Explanation:
The journal entry to record the cost of the sale is shown below:
Cost of Goods Sold $500
To Merchandise inventory $500
(To record the cost of the sale)
Here the cost of goods sold is debited as it increased the expenses and credited the merchandise inventory as it reduced the assets
Answer:
$100,000
Explanation:
Contribution Margin=Sales Revenue − Variable Costs
<u>For segment 1 </u>
Sales = $500,000
Variable costs = $400,000
Contribution Margin = $100,000
Therefore the contribution margin presented for segment number 1 is $100,000 while the attributable common cost for segment 1 will be (0.6*320,000) = $192,000
Question: Supermarkets often offer a great deal on milk, beef,
or eggs to get customers into their stores, knowing many customers will then
purchase other items that have higher markups for the store. These supermarkets
are using a _______________ pricing tactic.
The answer of the question: The supermarkets are using a
leader pricing tactic.
Answer:
Throughout the clarification segment below, clarification including its concern is defined.
Explanation:
- A member of staff from either the parent organization would have working information on the policy changes but instead decisions of the organization, work ethics, and economic output, and therefore can help make sure compliance with company directives.
- An employee from either the parent organization would have a greater understanding of the business and therefore will guarantee that perhaps the laws of the organization being observed.
Answer:
A. Milk
I hope this helps,if not sorry
