Answer:
Option (a) is correct.
Explanation:
Contribution per unit:
= Selling price per unit - Variable cost
= Selling price per unit - (Material + labor cost)
= $25 - ($10 + $5)
= $25 - $15
= $10
Fixed cost = Administrative cost + Sales and marketing expense
= $60,000 + $20,000
= $80,000
Break-even quantity:
= Fixed cost ÷ Contribution per unit
= $80,000 ÷ $10
= 8,000 shirts
Answer:
False
Explanation:
Manager should start investigation as soon as complaint is brought to his notice. He must not wait for the charge to be proven. He should be the one taking lead on the investigation and responsible for investigation. And after investigation if charge is proven then he is supposed to apply penalty according to company's policy. And if not proven then talk to individual who brought the charge and give them proof.
The correct entry to record the cash sales is
<span>Debit Cash $2058
credit Cash Over and Short $ 8
credit Sales $2050
The cash over and short will record the amount of cash that is not recorded during the initial transaction. Almost all stores experience cash over and short daily, and usually will be taken monthly from an account set aside by the stores to cover the mistake by its employees.
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Answer:
The Nominal Cost to register the car should be $53.
Explanation:
For the first year the data is given as
CPI=150
Nominal Price=$50
Real Income= Nominal Cost / Consumer Price Index
=50/150 = 0.33
Now for the second year as the real income is same as previous year thus
RI=0.33
CPI has increase to 159. Now the nominal cost is given as
Nominal Cost=Real Income * Consumer Price Index
Nominal Cost=0.33 * 159
Nominal Cost=$53
So the Nominal Cost to register the car should be $53.
I have a tought that is destination because it goes on so
