Answer:
Kindly check the attached images below for the well arranged account entries
Explanation:
1
Date General Journal Debit Credit
Jul 01,2022 Equipment 25550 =15800+6800+2950
Prepaid Insurance 2750
Cash 28300
2
Date General Journal Debit Credit
Dec 31,2022 Depreciation expense 1915 =(25550-6400)/5*6/12
Accumulated Depreciation-Equipment 1915
3
Year Depreciation expense Accumulated
Depreciation Book value
2022 1915 1915 23635
2023 3830 5745 19805
2024 3830 9575 15975
2025 3830 13405 12145
2026 3830 17235 8315
2027 1915 19150 6400
Total 19150
4
Date General Journal Debit Credit
Dec 31,2022 Insurance expense 1375 =2750*6/12
Prepaid insurance 1375
Answer: Culturally consistent decisions
Explanation:
The options are:
a The organizational structure
b The environmental complexity
c Behavioral substitutions
d Culturally consistent decisions
Heidi Ganahl's life story helps the employees and franchisees of Camp Bow Wow understand culturally consistent decisions.
Organizational stories are being told by people in order to recall certain things that has happened in an organization and to also emphasize culturally consistent decisions, assumptions, and actions.
Answer:
A) $12,528
Explanation:
We should consider the rent payment as an annuity. Because we are paying, it should be considered the present value of an annuity.
C 2,468
time 6
rate 0.05
PV $12,526.8080
We are asked for the closet option, so we have to chose A) 12,528
Using the high-low method, separate each mixed expense into variable and fixed elements. State the cost formula for each mixed expense. (Omit the "£" sign in your response.)
<span>Shipping Expense: </span>
<span>(86,200 - 45,900) / (5,100 - 2,000) = £13 variable cost per unit </span>
<span>86,200 - (13 x 5,100) = £19,900 fixed cost </span>
<span>£ Y = £19,900 + £13 X </span>
<span>Salaries and Commissions </span>
<span>(238,400 - 114,400) / (5,100 - 2,000) = £40 variable cost per unit </span>
<span>238,400 - (40 x 5,100) = £34,400 fixed cost </span>
<span>£ Y = £34,400 + £40 X </span>
<span>3. </span>
<span>Redo the company’s income statement at the 5,100-unit level of activity using the contribution format. (Input all amounts as positive values except losses which should be indicated by a minus sign. Omit the "£" sign in your response.) </span>
<span>Frankel Ltd. </span>
<span>Income Statement </span>
<span>For the Month Ended June 30 </span>
<span>Sales revenue 912900 </span>
<span>Variable expenses: </span>
<span>Cost of goods sold 346800 </span>
<span>Shipping expenses 5,100 x 13 = 66,300 </span>
<span>Commissions 5,100 x 40 = 204,000 </span>
<span>Contribution margin 295,800 </span>
<span>Fixed expenses: </span>
<span>Fixed shipping 19,900 </span>
<span>Insurance expenses 9000 </span>
<span>Depreciation expenses 42700 </span>
<span>Sales salaries 34,400 </span>
<span>Advertising expenses 69200 </span>
<span>Net operating Income 120600</span>
Answer:
Swen is using product/service repositioning strategy.
Explanation:
Product Repositioning simply refers to the art of altering the target markets perception of one's product and or services.
Swen is still in the clothing business. He has only changed the way he delivers it to the target consumers.
Of course, this sometimes calls for a change in product mix (which refers to altering the type of products being offered). However, the central idea of the strategy still holds as customers now see the business differently.
This type of strategy is easier to pull off for start-ups, or unpopular businesses trying to make a comeback. Where the business is a well-established brand, it can prove extremely difficult and may be costly.
Cheers.
