Answer:
D) selling agent.
Explanation:
Sine Fahad's company never obtains title for the goods that they sell, they are acting like a selling agent. They are very similar to a commission merchant except that Fahad's company is also responsible for the marketing functions of Celextron.
There are several types of sales agents and distributors, it all depends on certain details about how they work:
- a manufacturer's agent work directly for the manufacturing firm, in this case it would have been Celextron.
- a sales branch is a company owned by Celextron.
- a full service wholesaler obtains title of the goods.
Answer:
True
Explanation:
These emblematic cases force the legislation to demand more transparency to avoid a future financial crisis
Solution:
Computation of % , revenue recognition and gross profit - Beck construction (In millions )
Year Actual cost incurred (A)
2020 $ 50
2021 $ 85
2022 $ 55
Year Total cost incurred till date (B)
2020 $ 50
2021 $ 135
2022 $ 190
Year Total Estimated cost (C)
2020 $ 150
2021 $ 220
2022 $ 190
Year % of completion (D) (B/C)
2020 33%
2021 61%
2022 100%
Year Contract price (E)
2020 $187
2021 $187
2022 $187
Year Total revenue to be recognised (F) ( E*D)
2020 $62
2021 $114
2022 $187
Year Revenue for current period (G)
2020 $62
2021 $52
2022 $73
Year Gross Profit (H) (G-A)
2020 $12
2021 $-33
2022 $18
Text me if I'm wrong ok at aidanmd2003 I don't get your point.
Answer:
210 hours
Explanation:
The learning curve rate can be found by log75%
Ln0.75 = 0.12249
1 batch requires 200 hours
The 1500 units batch will require 200 hours
For 3000 units there will be two batches of 1500 units each
200 hours * 2 batches * 0.12249 * 4.5 = 210 hours