For each of the statements below, use the dropdown box to select the response that completes the sentence correctly. Knowledge Check 01 When the units produced are equal to the units sold, the net operating income computed using the variable costing method is ______ the net operating income using the absorption costing method. is greater than is less than is equal to Knowledge Check 02 When the units produced exceed the units sold, the net operating income computed using the variable costing method is ______ the net operating income using the absorption costing method. is greater than is equal to is less than Knowledge Check 03 When the units produced are less than the units sold, the net operating income computed using the variable costing method is ______ the net operating income using the absorption costing method. is equal to is greater than is less than

Answers

Answer 1

Answer:

01 When the units produced are equal to the units sold, the net operating income computed using the variable costing method is EQUAL TO the net operating income using the absorption costing method.

02 When the units produced exceed the units sold, the net operating income computed using the variable costing method is LOWER THAN the net operating income using the absorption costing method.

03 When the units produced are less than the units sold, the net operating income computed using the variable costing method is HIGHER THAN the net operating income using the absorption costing method.

Explanation:

The basic difference between variable costing and absorption costing methods is that when you use variable costing, the ending inventory only carries variable costs. While under absorption costing, the ending inventory carries both variable and fixed costs. That means that ending inventory under variable costing is worth less than ending inventory under absorption costing (remember that one period's ending inventory is the beginning inventory of the next period).


Related Questions

how the consumer motivated to purchase product. what are the critaria and decision making​

Answers

Answer:

In plain terms, the consumer motivation is the set of cognitive factors driving a customer's determination to make a single sale. The payment is the ultimate product of a "Purchaser's Process" scheme, a three-stage mechanism consisting of:

1.Awareness.

2.Interest.

Determination 

Green Forever, a manufacturer of lawn equipment, has preliminary drawings for two grass trimmer designs. Charla
Fraley's job is to determine which is better environmentally. Specifically, she is to use the following data to help the
company determine the revenue retrieval for the GF Deluxe and the revenue retrieval for the Premium Mate. Green
Forever has decided to add an automatic string feeder system with cost and revenue estimates as shown below to the
GF Deluxe model.
Click the icon to view the data about the two grass trimmer designs.

Answers

The revenue retrieval for the GF Deluxe model is 4.53 & the revenue retrieval for the Premium rate is 3.23, and the GF deluxe model shows a higher revenue retrieval.

What is Revenue Retrieval?Revenue retrieval is basically the aggregate of resale revenue & recycling revenue which is further reduced by the aggregate value of processing cost and disposal cost.Revenue Recovery = Total Resale Revenue + Total Recycling Revenue - Total Disposal Cost - Total Processing Cost.It is also derived from another formula in which Total revenue is reduced by total cost.Total revenue includes both resale and recycling revenues and on the other hand, Total cost includes total processing cost and disposal cost.In the given question the total revenue recovery of the GF Deluxe model was 4.53. And the revenue recovery for the premium rate was 3.23.And according to the revenue retrieval rule higher the yield higher the revenue recovery.

Thus, The revenue retrieval for the GF Deluxe model is 4.53 and the GF deluxe model shows a higher revenue retrieval.

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Company: Apple Inc.
Questions:
1. Provide a brief history of the company.
2. What is the company’s mission statement? What are the company’s goals?
3. What is the company’s general environment? What is the company’s task environment? What is the company’s internal environment?
4. How does the company handle corporate social responsibility?
5. Complete a SWOT Analysis for the company.
6. What is the company’s generic strategy (Cost Leadership, Differentiation, Focus)? Does the product life cycle strategy pertain to them? If so, give an example.
7. What is the company’s perspective on diversification (Single-Product, Related, or Unrelated) of their business? If applicable, complete a BCG Matrix for the company.
8. What are some examples of programmed decisions the company makes? What are some examples of non-programmed decisions the company makes?
9. What is the organization’s structure (basic form of an organization)? Do they utilize job specialization, enlargement, or enrichment? If so, how?
10. How do they handle HR issues, such as employee compensation, hiring, etc.?

PLEASE ANSWER FULLY AND PROVIDE THE SOURCES OF WHERE YOU GOT THE INFO FROM IN MLA OR APA FORMAT

Answers

Steve Jobs, Steve Wozniak, and Ronald Wayne established Apple Inc. in Cupertino, California on April 1, 1976. The corporation initially concentrated on producing personal computers, such as the Apple II and the Macintosh.

What are low entry barriers and competitiveness?

Examples of low entry barriers include the necessity to have customers convert to a new brand without a lot of work or pain. Another example is the need to build a brand in a small market with little competition.

Why are entrance barriers so low?

High exit barriers make markets unstable and incapable of self-regulation, which causes significant long-term fluctuations in profit margins. Because these markets are self-regulatory and stable, profit margins do not change much over time.

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Help me please!!!!
Explain possible circumstances under which an adult child may
have undue influence in a relationship with an elderly parent.

Answers

Answer:

i think seeing their grand parent arguing with a parent, probably would make them question a lot, and they might evem stay away from them for a while, though, i may have took your question wrong, very sorry

Explanation:

if your meaning a situation where the child either wants to get away from them or they feel apart from them, this might help.

Suppose Simone is a sports fan and buys only baseball caps. Simone deposits $2,000 in a bank account that pays an annual nominal interest rate of 10%. Assume this interest rate is fixed—that is, it won't change over time. At the time of her deposit, a baseball cap is priced at $10.00.
Initially, the purchasing power of Simone's $2,000 deposit is baseball caps.
For each of the annual inflation rates given in the following table, first determine the new price of a baseball cap, assuming it rises at the rate of inflation. Then enter the corresponding purchasing power of Simone's deposit after one year in the first row of the table for each inflation rate. Finally, enter the value for the real interest rate at each of the given inflation rates.
Hint: Round your answers in the first row down to the nearest baseball cap. For example, if you find that the deposit will cover 20.7 baseball caps, you would round the purchasing power down to 20 baseball caps under the assumption that Simone will not buy seven-tenths of a baseball cap.
Annual Inflation Rate
0%
10%
13%
Number of Caps Simone Can Purchase after One Year Real Interest Rate When the rate of inflation is less than the interest rate on Simone deposit, the purchasing power of her deposit (Rises,falls or remains the same )over the course of the year.

Answers

The nominal interest rate and real interest rate are same. This is due to the fact that the rate of inflation is the only distinction between the real interest rate and the nominal interest rate. Because there is no inflation, both the nominal and real interest rates are the same.

when interest rates are higher than inflation rates?

When the interest rate on a loan is 2 percent and inflation is 3 percent, the lender's after-inflation return is less than zero. As a result, we state that the real interest rate—defined as the nominal rate less the rate of inflation—is negative.

Why do nominal interest rates go up as inflation goes up?

This is due to the fact that inflation reduces the actual worth of the money that will be returned at the conclusion of the loan period, causing the real (inflation-adjusted) rate of interest to be lower than the nominal rate.

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Drag and drop the steps of the dg pick up process into the correct order

Answers

We can see that the steps of the DG pickup process in the correct order is:

Order in the DG AppLook for your Order Ready emailGrab your order from the in-store Pickup shelves

What is a pickup process?

A pickup process is a system or procedure for obtaining or collecting something, such as goods or people, from a particular location. It typically involves a specific set of instructions or guidelines for the person or team responsible for the pickup, including details about the location, timing, and any special requirements or instructions.

A well-designed pickup process can help ensure that goods or people are collected in a timely and efficient manner, with minimal disruption or delay. It can also help to improve customer satisfaction.

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On August 31, 2021, the general ledger of The Dean Acting Academy shows a balance for cash of $7,744. Cash receipts yet to be deposited into the checking account total $3,138, and checks written by the academy but not yet processed by the bank total $1,225. The company's balance of cash does not reflect a bank service fee of $15 and interest earned on the checking account of $26. These amounts are included in the balance of cash of $5,842 reported by the bank as of the end of August. Required: 1. Prepare a bank reconciliation to calculate the correct ending balance of cash on August 31, 2021. (Amounts to be deducted should be indicated with a minus sign.)

Answers

Answer:

Dj Khalid why am I yelling

Explanation:

fatfat

Enzo is preparing a resume for his very first job. He doesn’t know what to list for his skills. He asks his teacher for advice on how to complete this portion of his resume. What is the BEST advice this teacher should give Enzo? A. Leave the skills section blank because there is no work experience. B. Make up skills that you think the employer wants to see on a resume. C. List your best attitudes and behaviors that employers find helpful. D. Write vague skills like “Digital Fluency” that require more explanation.

Answers

The best advice that Enzo's teacher can give him is to list his best attitudes and behaviors that employers find helpful.  Everyone has skills that they've developed through their hobbies, interests, and school work. Enzo needs to identify what those skills are and how they can be useful to potential employers. The correct option is C.

Making up skills that he thinks the employer wants to see on a resume is not a good idea. Employers can easily see through this and it may come across as dishonest. In addition, if Enzo gets hired, he may not be able to perform the tasks associated with the skills he claimed to have. Listing vague skills like "Digital Fluency" that require more explanation is not helpful either. This may confuse employers and they may not understand what Enzo is trying to say. It's important to be specific about the skills he possesses and how he can apply them to the job.

In conclusion, Enzo should focus on listing his best attitudes and behaviors that employers find helpful. This will demonstrate his potential to be a valuable employee, even if he doesn't have any work experience yet. He should also be specific about the skills he possesses and how they can be applied to the job. By doing this, Enzo can increase his chances of getting hired for his first job. The correct option is C.
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examination of recent data of many countries shows that countries with very high saving rates generally have high level of output per person​

Answers

The answer is b. A higher saving rate does result in a higher steady-state capital stock and a higher level of output.

What is the greatest way to define savings?

The fraction of money left over after paying for expenses is what is saved. In other words, it refers to money that has been set away for use later on rather than being immediately spent.

What is saving, and why is it significant?

The fraction of money left over after paying for current expenses is known as savings. Because no one can see the future, it is advisable to store money in case of emergencies or unforeseen circumstances. A person's dishwasher may start to leak, their automobile could break down, or they could experience a medical emergency.

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3.
Jobs Boost as Lidl Unveils Plans for £20m Warehouse Expansion
The German supermarket giant Lidl has plans to expand its distribution centre in County Antrim and open additional stores across Northern Ireland. The company is already recruiting new employees to facilitate its growth and expansion plan. Throughout the build, it could be employing more than 100 construction workers as well.
Source: Belfast Telegraph, June 12, 2015
a. Which of Lidl’s decisions described in the news clip is a short-run decision and which is a long-run
decision?
b. Why is Lidl’s long-run decision riskier than its short-run decision?

Answers

Answer:

Lidi

a. Lidi's decisions:

1. short-term decision: The company is already recruiting new employees to facilitate its growth and expansion plan.

2. long-term decision: The German supermarket giant Lidl has plans to expand its distribution centre in County Antrim and open additional stores across Northern Ireland.

Throughout the build, it could be employing more than 100 construction workers as well.

b. Lidi's long-run decision is riskier than its short-run decision because increased uncertainty is involved in the long-run decision than in the short-run decision.

Explanation:

Short-run decisions are the decisions by Lidi that are current, usually within a year's horizon or covering a short period of about 12 calendar months.  The long-run decisions are projections for the future, which are always shrouded with uncertainties because it difficult to predict with precision what happens in the long-run.

The small town of Honnavara. the Arabian Sea and on the banks of the River Sharavathi?​

Answers

Honnavara is a small town in the uttara kannada district which is located in the southwestern part of the indian state of karnataka the town is situated on the coast of the arabian sea

The Arabian sea

This is a body of water that lies between the arabian peninsula and the indian subcontinent the arabian sea is part of the indian ocean and is bordered by several countries

including india pakistan oman yemen and somalia the town of honnavara is also located on the banks of the river sharavathi which is a major river in the region

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Toyota was recently able to endure challenging times that required massive recalls affecting several million of its vehicles. Toyota has relied on its _____ to survive and continue to prosper. a. brand extension.
b. family branding.
c. individual branding.
d. Brand equity.
e. Brand loyalty.

Answers

Answer:

d is your answer

Explanation:

Which of the following it NOT a position in the Administrative Support pathway?

A. Teacher

B. Medical Transcriptionist

C. Receptionist

D. Administrative Assistant

Answers

Teacher is not a position in the Administrative Support Pathway. The administrative support pathway covers careers that assist corporate operations through a range of administrative and clerical tasks, such as project management, data processing and gathering, and information and communication management.

The administrative support assistant assists with a number of academic or administrative units' general administrative duties, such as answering phones, serving customers, workers, or visitors, creating documents and reports, gathering records, setting up meetings, and arranging. Therefore, teacher is not considered to be a part of it.

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Question 2 Week 8 (7 marks)
The P Ltd acquires all issued capital of the S Ltd for a consideration of $1,000,000 cash and 800,000 shares each
valued at $1.50. The summary statement of the financial position of the subsidiary company immediately
following the acquisition is:
Fair value of assets acquired $2,640,000
Fair value of liabilities acquired $720,000
Total shareholders’ equity of the subsidiary company $800,000
Retained earnings of the subsidiary company $1,120,000
Required:
(a) Pass the necessary journal entry to record the acquisition (2 marks)
(b) Determine the amount of goodwill (or bargain purchase) arising out of the acquisition (2 marks)
(c) Pass the necessary consolidation entry to eliminate the subsidiary by the parent company (2 marks)
(d) Determine the amount of goodwill (or bargain purchase) arising out of the acquisition if the purchase
consideration paid was $1,000,000 cash and 400,000 shares each valued at $1.50 (1 marks)

Answers

Answer: See explanation

Explanation:

a. Pass the necessary journal entry to record the acquisition.

Check the attachment. Note that common shares was calculated as:

= $800,000 × 1.5

= $1,200,000

b. Determine the amount of goodwill (or bargain purchase) arising out of the acquisition.

Fair value of assets acquired = $2,640,000

Less: fair value of liabilities = (720,000)

Net asset of S. LTD = 1,920,000

Purchase consideration = 1,000,000 + 1,200,000 = 2,200,000

Goodwill on acquisition will be:

= $2,200,000 - $1,920,000

= $280,000

c. Pass the necessary consolidation entry to eliminate the subsidiary by the parent company

Check the attachment

d. Determine the amount of goodwill (or bargain purchase) arising out of the acquisition if the purchase

consideration paid was $1,000,000 cash and 400,000 shares each valued at $1.50.

Fair value of assets acquired = $2,640,000

Less: fair value of liabilities = (720,000)

Net asset of S. Ltd = 1,920,000

Purchase consideration = (1,000,000 + 400,000) × 1.5 = 1,600,000

Bargain purchase on the acquisition will be:

= 1,920,000 - 1,600,000

= $320,000

Question 2 Week 8 (7 marks)The P Ltd acquires all issued capital of the S Ltd for a consideration of

legacy company uses the aging of accounts receivable method. The company performed and aging of accounts receivable on December 31. What is the amount of accounts receivable, net

Answers

Answer: $504,000

Explanation:

Net Accounts Receivables = Accounts Receivables - Allowance for doubtful accounts ending credit balance

Allowance for doubtful accounts ending credit balance  = Estimated Uncollectible Accounts receivable

Net Accounts Receivables = 565,000 - 61,000

= $504,000

legacy company uses the aging of accounts receivable method. The company performed and aging of accounts

In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:
Net income for the year was $ 52,000
Accounts payable decreased by 18,000
Accounts receivable increased by 25,000
Inventories increased by 5,000
Depreciation expense was 30,000
Net cash provided by operating activities was
A. $34,000.
B. $60,000.
C. $70,000.
D. $80,000.
E. $52,000.

Answers

Answer:

A. $34,000.

Explanation:

We can determine the Net cash provided by operating activities by preparing the  Cash flow from Operating Activities Section of the Cash flow Statement using the Indirect method as below

Cash flow from Operating Activities

Net income for the year                                    52,000

Adjustment for Non - Cash items :

Depreciation expense                                       30,000

Adjustment for Changes in Working Capital items :

Decrease in Accounts payable                        (18,000)

Increase in Accounts receivable                     (25,000)

Increase in Inventories                                       (5,000)

Net cash provided by operating activities       34,000

Therefore,

Net cash provided by operating activities was A. $34,000.

Item 17 A certain cell phone plan charges a fee of $1 for each international call made plus $0. 02 for each second of talk time for the international call. A business owner tracked the time and cost for each of the calls made by the employees when they traveled internationally for business. What is the appropriate value of the correlation between time and cost for the international calls?

Answers

The appropriate value of the correlation between time and cost for the international calls is 1.

Explanation:

The correlation coefficient (r) measures the strength and direction of the linear relationship between two variables. It ranges from -1 to 1, where -1 indicates a perfect negative correlation, 1 indicates a perfect positive correlation, and 0 indicates no correlation.

In this case, the cost of an international call is directly proportional to the time of the call. This means that as the time of the call increases, the cost also increases at a constant rate. Therefore, the correlation between time and cost for the international calls is 1, indicating a perfect positive correlation.

Here's the formula for the cost of an international call:

Cost = $1 + ($0.02 × time)

The $1 is a fixed fee for each call, and the $0.02 is the rate for each second of talk time. So, for each additional second of talk time, the cost increases by $0.02. This shows a direct relationship between time and cost, resulting in a correlation of 1.

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WWhich 4 list types can be directly imported into QuickBooks Online from Excel?hich 2 features in QuickBooks Online can help a professional services company track profitability by client?

Answers

     Customer, Vendor, Items, and Chart of Accounts from an Excel spreadsheet can be imported directly into Quickbooks Online. Two features that help professional services track profitability by client are Profit and loss customer report and recurring transactions.

Intuit created and sells the accounting software suite known as QuickBooks. QuickBooks products were first released in 1983 and are primarily targeted at small and medium-sized enterprises. They provide cloud-based accounting programs that take payments from companies, manage and pay invoices, and handle payroll in addition to on-premises accounting tools and provide services to track profit.

    QuickBooks Online is a cloud solution provided by intuit (QBO). Instead of paying an upfront price, the user subscribes on a monthly basis and only uses a secure Web browser to log in to the software. Banks, payroll services, and cost management software are just a few of the third-party applications and financial services that Quickbooks Online integrates with.

   

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john and mabel's company, high-tech solutions, is a medium-sized high-tech firm with a core employee group of highly skilled professionals. around this core is a group of twice as many part-time contract programmers and other computer professionals. as they win programming contracts, they hire contract workers. when work slows, they let the part-timers go but keep their core group. their target industries are facing increasing government scrutiny and possible regulation due to the number of firms that are doing poor work and causing long-term problems for customers. john believes, when hiring for either the core group or for the part-time work force, they need to look not only at each candidate's technical work skills and competency but also think about other factors as well: the candidate's emotional control, team orientation, self-awareness, self-esteem, and what the company has to offer them in terms of family support. mabel agrees to a degree. she thinks that the key to productivity and quality is through their people, but she wants to focus more on technical competencies and less on the other areas john mentions. high-tech solutions uses teams extensively. employees are trained how to work in teams, handle conflict, work cooperatively, etc. joan, a five-year veteran at high-tech, plays softball in a church league with several of her coworkers. she has asked for investment advice from a couple of the work-group members who are heavily into the stock market. she, in general, highly enjoys her work because of the relationships she has with her coworkers. in sharp contrast, one of the new employees is having a hard time with her supervisor. she wants greater independence and more affirming feedback. the supervisor wants to be sure the new employee can do her job, so he is supervising closely and is giving a lot of corrective feedback. refer to case 1.1. john's approach to hiring is an example of the concept of hiring

Answers

The idea of employing a total person is demonstrated by John's hiring strategy.

The Total Person concept is a way of life that emphasizes goal-setting and action plans that take into account six crucial areas: family and home, financial and career, mental and education, physical and mental well-being, social and cultural diversity, and morality and ethics. In this individualized Plan of Action, self-evaluations are used to help people determine their values, set priorities, and set goals. These efforts enable the individuals in your business to establish equilibrium in all six spheres of existence. People who attain that balance are happier and more productive, according to study, and when everyone is more productive, your organization as a whole performs better.

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Technology – the second cruel correspondence

Answers

The negative consequences of technology on society are largely directed to mass-produced products, with social media receiving the most criticism.

Many studies have been done on this topic, and social networking sites has often been identified as both the primary source of misleading information, encouraging hate and harassment and the number two source of loneliness, sadness and depression.

Children who use technology excessively are more susceptible to mental health problems, such as attention deficit disorder, poor creativity, language development delays, emotional and social development delays, and addiction to digital gadgets.

Technology's drawbacks:

Addiction. There have been many cases of technology addiction and ethical conundrums in recent years. The future of humanity appears to be moving toward the society that many films have predicted: one in which robots and artificial intelligence (AI) play a significant role. Dehumanization, Pollution, Privacy, and other issues.

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Many entire vocations in the United States have disappeared in the last few decades. Which of the following is a possible explanation for why vocations have entirely disappeared the last few decades?
A.The low cost of domestic goods could cause manufacturing to be done inside the United States.
B.The high wages of foreign goods could cause manufacturing to be done overseas.
C. The low cost of foreign goods could cause manufacturing to be done overseas.
D. The low cost of domestic goods could cause manufacturing to be done overseas.

Answers

Answer:

C,D

Explanation:

I guess..

btw not sure :)

Answer:

C. The low cost of foreign goods could cause manufacturing to be done overseas.

Question 1(Multiple Choice Worth 5 points)
(03.04 LC)

An internal control that documents petty cash requests is

reconciling the petty cash account
requiring a petty cash slip
requiring receipts
separating duties
Question 2(Multiple Choice Worth 5 points)
(03.04 MC)

When reconciling petty cash, you determine that the total withdrawals according the petty cash slips is $169.00. Since the fund started with $200.00, there should be $31.00 remaining in the petty cash box. When the cash is counted, there is only $28.00. How is the discrepancy entered in the journal?

Since there is a $3 overage of cash, each account the disbursements are charged to is debited to total $169.00, the Cash Over and Short account is credited $3, and the Cash account is credited $172.00 to replenish the fund.
Since there is a $3 overage of cash, each account the disbursements are charged to is debited to total $169.00, the Cash Over and Short account is debited $3, and the Cash account is credited $169.00 to replenish the fund.
Since there is a $3 shortage of cash, each account the disbursements are charged to is debited to total $169.00, the Cash Over and Short account is credited $3, and the Cash account is credited $172.00 to replenish the fund.
Since there is a $3 shortage of cash, each account the disbursements are charged to is debited to total $169.00, the Cash Over and Short account is debited $3, and the Cash account is credited $172.00 to replenish the fund.
Question 3(Multiple Choice Worth 5 points)
(03.04 LC)

When cash is withdrawn from a petty cash fund for a purchase or payment, it is called

a cash withdrawal
a petty cash disbursement
establishing a petty cash fund
replenishing a petty cash fund
Question 4(Multiple Choice Worth 5 points)
(03.04 MC)

For which transaction would it be most appropriate to use a petty cash fund?

Electric bill
Mortgage payment
Postage
Taxes
Question 5(Multiple Choice Worth 5 points)
(03.04 LC)

A form filled out to document a payment made from petty cash is called a

petty cash fund
petty cash journal
petty cash log
petty cash slip

Answers

1. An internal control that documents petty cash requests is A. reconciling the petty cash account.

2. The journal entry recording the discrepancy resulting from petty cash shortage is D. Since there is a $3 shortage of cash, each account the disbursements are charged to is debited to total $169.00, the Cash Over and Short account is debited $3, and the Cash account is credited $172.00 to replenish the fund.

3. When cash is withdrawn from a petty cash fund for a purchase or payment, it is called B. a petty cash disbursement.

4. The most appropriate transaction for a petty cash fund is C. Postage.

5. A form filled out to document a payment made from petty cash is called a D. petty cash slip.

What is petty cash?

Petty cash is a system that ensures that small-amount expenses are paid and recorded without involving the use of checks.

Petty cash maintains on the imprest system that allocates a fixed amount periodically for petty cash expenses.

After the reconciliation of payments, the petty cashier is reimbursed with the total amount spent, including shortages to restore the float.

The internal control procedures for petty cash include:

Segregating dutiesSafeguarding the petty cashReconciling  the petty cash.

Transaction Analysis:

2. Debit Each Disbursement account $169 Debit Cash Shortage $3 and Credit Cash $172

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Need help on these please

Need help on these please

Answers

Sales tax and VAT are both examples of indirect taxes, which are levied by the seller at the time of sale and paid or sent to the government on the buyer's behalf. Thus option (B) is correct.

What is government?

The term government refers that the system which was governed by a state or a country in it, we see there are different governments are being there in states the government is made by the people and govern for the people also in it. There is a system being made and under the system, the government is being run.

A consumption tax that charges consumers for their purchases. Because sales taxes are typically passed on to customers at the moment of sale, it is classified as a consumption tax. A sales tax is an example of an indirect tax, meaning it is not paid to the government directly like an income tax is.

Therefore, Thus option (B) is correct.

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Wingate Company, a wholesale distributor of electronic equipment, has been experiencing losses for some time, as shown by its most recent monthly contribution format income statement, which follows:Sales $1,584,000Variable expenses $610,020Contribution margin $973,980Fixed expenses $1.071,000Net operating income (loss) $(97,020)In an effort to isolate the problem, the president has asked for an income statement segmented by division. Accordingly, the Accounting Department has developed the following information:East DivisionSales $434,000Variable expenses as a percentage of sales 53%Traceable fixed expenses $261,000Central DivisionSales $650,000Variable expenses as a percentage of sales 20%Traceable fixed expenses $357,000West DivisionSales $500,000Variable expenses as a percentage of sales 50%Traceable fixed expenses $204,0001. Prepare a contribution format income statement segmented by divisions, as desired by the president.2-a. As a result of a marketing study, the president believes that sales in the West Division could be increased by 14% if monthly advertising in that division were increased by $29,000. Calculate the incremental net operating income.2-b. Would you recommend the increased advertising?

Answers

Answer:

Required 1.

Contribution format income statement

                                                                 East              Central             West

Division Sales                                    $434,000         $650,000      $500,000

Less Variable Expenses                  ($230,020)        ($130,000)     ($250,000)

Controllable Contribution                 $203,980         $520,000      $250,000

Less Controllable Fixed Costs :

Traceable fixed expenses                ($261,000)       ($357,000)     ($204,000)

Controllable Profit/(Loss)                    ($57,020)        $163,000          $46,000

Required 2.

2a. Calculation of Incremental Net Income - West Division

Incremental Sales ($500,000 × 14%)                         $70,000

Less Incremental Variable Expenses                       ($29,000)

Incremental Contribution                                            $41,000

Less Incremental Fixed Expenses                                       $0

Incremental Net Income/ (loss)                                   $41,000

2b. Recommendation

Yes. The Increase in advertising is bringing a positive contribution towards the Company`s loss.

Explanation:

The Company`s loss will reduce by $41,000 to ($56,020) due to increase in advertising.

Consider the following BPMN diagram:

Consider the following BPMN diagram:
Consider the following BPMN diagram:

Answers

If we look at the process model, we can see that Task A is the first task and must always be completed in order for the model to be run. Further observation reveals that because an exclusive gateway is employed, any of the two jobs, B and C, is carried out individually rather than simultaneously. As we continue to move through the BPMN diagram, we see that task M is the conversing task and is therefore always run along with a networks message flow from it to task F, which is done as soon as a message is received in pool 2 and finishes.

An item of networking hardware or software called a gateway is used in telecommunications networks to allow data to go from one distinct network to another.

The way that gateway differ from routers and switches is that they can join various networks using more than one protocol to communicate and that they can function at any of the seven OSI levels.

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The process of conveying a message without use
of words (written or spoken) is called...

Answers

Non verbal message or oral message

which activity is an economic activity?
a / watching tv
b / reading a book
c / playing video games
d / helping a friends decorate for a party
e / selling vegetables and fruits

Answers

Answer:

e

Explanation:

by buying goods you are stimulating the economy

i think the answer is e. if wrong then maybe c

Athena Company provides employee health insurance that costs $15,500 per month. In addition, the company contributes an amount equal to 3% of the employees' $155,000 gross salary to a retirement program. The entry to record the accrued benefits for the month would include a:_________.
Debit to Payroll Taxes Expense $20,150.
Debit to Employee Retirement Program Payable $4650.
Credit to Employee Benefits Expense $15,500.
Debit to Medical Insurance Payable $15,500.
Debit to Employee Benefits Expense $20,150.

Answers

Answer: Debit to Employee Benefits Expense $20,150

Explanation:

Amount that company gives to employees as benefits;

= Health insurance + Retirement contribution

= 15,500 + ( 3% * 155,000)

= 15,500 + 4,650

= $20,150

As this is an expense, it will be debited to the relevant expense account being the Employee Benefits expense account.

Someone help choose correctly

Someone help choose correctly

Answers

Answer:

Bottom one for sure and least I think is either top one or the second to last.

Determine the missing amount:
Assets=Liabilities+owners Equity x 272000 573000

Answers

Based on the given amounts of assets and liabilities, the missing amount of Owner's equity is $301,000

How to find the equity?

The Owners equity is one of the parts of the Accounting equation which is:

Assets = Liabilities + Owners Equity

The Assets in this instance is $573,000 and the Liabilities are $272,000.

The Owner's equity is the missing amount and it can be found as:

573,000 = 272,000 + Owners Equity

Owners Equity = 573,000 - 272,000

Owners Equity = $301,000

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