Answer:
The correct answer is option (D).
Explanation:
According to the scenario, the given data are as follows:
Purchase cost = $3,300
Transportation cost = $290
Return value = $230
Discount rate = 3%
So, the total cost of merchandise can be calculated as follows:
First we less the return value from purchase value. Then,
= $3,300 - $230 = $3,070
Now, we less the discount, then
3% of $3,070 = $92.10
Net purchase value = $3070 - $92.10 = $2977.90
Now, we add the transportation cost in purchase value.then,
= $2977.90 + $290
= $3,267.90
Hence, the total cost of this merchandise is $3,267.90
Answer: (1) Creating business alliances with business partner
Explanation:
The MIS is stand for the management information system and it is one of the type of computerized database system which is basically used to store the financial based information in an organization.
The consultative function is basically helps in producing the regular reports or information of the company's operation and also manage the system integration such as intranets and internet.
The main objective of the consultative function of the management information system department is to initiating the various types of business strategy and the business alliances with the business partner in an organization.
Therefore, Option (1) is correct answer.
Answer:
$21,370
Explanation:
A composite unit is a set of different products grouped together in proportion to their sales mix. The unit is a basis for grouping products from different segments of an entity together with the aim of managing inventory levels, break even points, and sales.
The selling price of the composite unit can be calculated as follows:
||Bicycle model |No. of bicycles |Unit selling price |Total per composite unit
|Youth models| 5 | 440 | 2,200
|Adult models| 9 | 990 | 8,910
|Recreational models| 6 | 1,140 | <u>10,260</u>
Selling price per composite unit <u>21,370</u>
Answer:
b. and d.
Explanation:
Amanda is not required to pay any tax, as She is earning less than $12200s. And, Jason as well cannot be asked to pay tax as he is earning less than the required limit. However, Greg and Erin are required to file their returns, as they are earning more than the allowed free limit.
Answer:
The dollar variance is -$100.
The percent variance is -20%.
Since the actual income is less than the budgeted income, the variance is unfavorable (U).
We calculate Dollar Variance as : 
Next, we calculate percent variance as :
Plugging the values in we get,
Percent Variance = -20%
