Answer and Explanation:
The company handles the credit accounts including methods of invoicing and collecting past-due accounts, is indicated by the collection policy as it includes the net days given to the customers
Now if the customer pays the cash within eight days after the sale, the amount of cash paid is
= $100,000 × 0.99
= $99,000
And, if payment is made after 15 days so no discount would be given as it is exceeded the prescribed time limit i.e 10 days. So in this case the $100,000 cash is paid
Now the days sales outstanding is
= 0.30 × 10 + 0.70 × 35
= 3 +24.5
= 27.50 days
<span>As Sarah is young, increasing her calcium intake at a younger age can help with bone density at a later age. This can help ward off osteoporosis and other bone-related diseases that can be caused by a lack of sufficient nutrient intake. In addition, the increased soda consumption, even as a diet alternative, lead to negative health effects because of the ingredients in the soda and the lack of nutritional value in the carbonated drink.</span>
As long as the production times and price points were simular then it would. However, with assuming it costs much more of a hellicoper then it does for a scooter to be produced they would definitly benefit from trading one schooter for one helicopter with Jamestown. They will benefit due to time and money that is being saved.
Answer:
Cost of Goods Sold will contain 9,600 of the fixed manufacturing cost
Explanation:
actual fixed cost 12,000
Under absorption cost, the produced units will take the complete manufacturing cost
total manufacturing cost / produced units
12,000 / 1,500 units = 8
Then, we multiply by the amount of units sold to know how much of the manufacturing cost were recognize during the period
1,200 x 8 = 9,600
The rest, will be capitalized into inventory.
Answer:
Instructions are listed below
Explanation:
Giving the following information:
CarmelRugs plans to sell carpets for $1,000 each. The company will purchase the carpets from a local distributor for $400 each, with the privilege of returning any unsold units for a full refund.
Jean’sClub has offered Carmel Rugs two payment alternatives for the use of space.
Option 1:
Fixed cost= $17,400 for the sale period
Option 2: 20% of the total revenues earned during the sale period.
Break-even point= fixed costs/contribution margin
Option 1:
Break-even point= 17400/(1000-400)= 29 carpets
Option 2:
Break-even point= (400+200)/(1000-400)=1 carpet (no fixed cost)
