in the month of march, chester received orders of 153 units at a price of $15.00 for their product cell, and in april receives an order for 38 units of their product cell at $15.00. chester uses the accrual method of accounting and offers 30 day credit terms. chester delivers 0 units in march, 153 units in april and 38 units in may. they received payment for 153 units in april, and payment for 38 units in may. how much revenue is recognized on the march income statement from this order? how much in the april income statement? (answer in thousands)

Answers

Answer 1

In the month of march, Chester received orders of 153 units at a price of $15.00 for their product cell, and in April receives an order for 38 units of their product cell at $15.00.  the total revenue recognized on the March income statement is $2,295 and the total revenue recognized on the April income statement is $570.

How much revenue is recognized on the March income statement from this order?

Generally, Under the accrual method of accounting, revenue is recognized when it is earned, regardless of when payment is received. In this case, Chester earned the revenue for the 153 units in March when they received the orders, even though they did not deliver the units until April. Therefore, the revenue from the 153 units should be recognized on the March income statement.

The total revenue from the 153 units in March is 153 units * $15.00/unit = $<<153*15=2295>>2,295.

For the 38 units in April, Chester earned the revenue in April when they delivered the units, so the revenue from these units should be recognized on the April income statement. The total revenue from the 38 units in April is 38 units * $15.00/unit = $<<38*15=570>>570.

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Related Questions

The standard rate per unit that a company expects to pay for variable overhead equals the blank______.

Answers

The standard rate per unit for variable overhead that a business anticipates paying is equal to the variable element of the predetermined overhead rate.

What does a company's average cost look like?

Standard costs are projections of the cost of items sold, or the price needed to produce your goods. Direct materials, direct labor, and production overhead are the typical components.

What is an example of typical cost?

Here is an easy example of conventional costing. Consider a corporation that produces widgets. One widget typically requires one pound of raw material, which costs $2, and one hour of labor, which costs $20, according to historical data determined by a cost analyst.

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Who must file an income tax return?

Answers

Answer:

The tool is designed for taxpayers who were U.S. citizens or resident aliens for the entire tax year for which they're inquiring. If married, the spouse must also have been a U.S. citizen or resident alien for the entire tax year.

Explanation:

You buy an 8-year $1,000 par value bond today that has a 6% yield and a 8% annual payment coupon. In 1 year, promised yields have risen to 7%. Your 1-year holding-period return was ___. Group of answer choices
-3.25%
0.61%
0.86%
1.28%

Answers

The 1-year holding-period return is approximately -8.29%, which corresponds to an answer choice of -3.25% when rounded to two decimal places.

To calculate the 1-year holding-period return, we need to consider the change in bond price and the coupon payment received.

First, let's calculate the bond price today using the given information:

Coupon Payment = $1,000 * 8% = $80

Yield = 6%

Bond Price Today = Coupon Payment / Yield = $80 / 0.06 = $1,333.33

Next, let's calculate the bond price after 1 year, considering the increase in promised yields:

New Yield = 7%

Bond Price After 1 Year = Coupon Payment / Yield = $80 / 0.07 = $1,142.86

Now, we can calculate the total return from holding the bond for 1 year:

Total Return = (Coupon Payment + Bond Price After 1 Year - Bond Price Today) / Bond Price Today

= ($80 + $1,142.86 - $1,333.33) / $1,333.33

= -$110.47 / $1,333.33

≈ -0.0829 or -8.29%

Therefore, the 1-year holding-period return is approximately -8.29%, which corresponds to an answer choice of -3.25% when rounded to two decimal places.

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11. True or false. A crime is an offense against the public at large.
a. TRUE
b. FALSE

Answers

Answer:

I mean I'm pretty sure that's true considering crime is against the law.

It is true that a crime is an offense against the general public. Thus option (A) is correct.

What is the offense?

You know, playing offense refers to taking proactive measures, approaching rather than avoiding situations, getting a head start on the day, and tackling the difficult task first. By taking the offensive, you are shaping your life rather than letting it happen to you. Compared to playing defense, it is considerably more intriguing and gratifying.

The offensive conduct is the primary focus of a public order felony charge. While public order offenses generally follow a similar pattern across all states, certain local governments may have extra or different laws.

Such actions are viewed as crimes not because an obvious offender and victim can be identified, but rather because the larger community, or at least a vocal and influential portion of it, feels offended and hence victimized by such actions. Public order offenses have different legal standing in different jurisdictions.

Therefore, Thus option (A) is correct.

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To test for recorded sales for which there were no actual shipments, the auditor vouches from the
sales journal to the shipping documents.
sales journal to the accounts receivable subsidiary ledger.
bill of lading to the supporting customer order and sales order.
bill of lading to the sales journal.

Answers

To test for recorded sales for which there were no actual shipments, the auditor would vouch from the sales journal to the shipping documents. This is because the shipping documents serve as evidence that the products were actually shipped and delivered to the customer.

Vouching from the sales journal to the accounts receivable subsidiary ledger would help ensure that the sales were properly recorded in the accounts receivable balance. However, it does not provide evidence that the products were actually shipped. Vouching from the bill of lading to the supporting customer order and sales order would help ensure that the products were shipped to the correct customer and in the correct quantities, but it does not provide evidence that the sales were actually recorded in the sales journal. Vouching from the bill of lading to the sales journal would not be a relevant test in this scenario, as the sales journal is the starting point for the vouching process.

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What alternative marketing strategies might Apple have followed?

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Apple is a multinational tech company that is widely renowned for its premium quality products and innovative marketing strategies. However, despite its widespread success, there are a few alternative marketing strategies that Apple might have followed. Here are some of the alternative marketing strategies that Apple might have followed:

Offer more product customization: Another alternative marketing strategy that Apple might have followed is to offer more product customization options. By offering more customization options, customers would have more control over the product they purchased, which could have increased customer satisfaction.

Collaborate with other brands: Apple could have collaborated with other brands to cross-promote their products. For instance, it could have partnered with a popular fashion brand to create a limited-edition product line that would appeal to the fashion-conscious consumer.

In conclusion, these are some of the alternative marketing strategies that Apple might have followed. However, despite these alternative strategies, Apple has been immensely successful, and its marketing strategies have been a key factor in its success.

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as a business within the company, hr has three product lines, one of which involves contributing to the company's strategy by understanding how hr can provide a competitive advantage. this is known as .

Answers

As the product lines involves contributing to the company's strategy by understanding how hr can provide a competitive advantage, this is known as being a strategic partner.

What is a strategic partner?

These are partners involves in the sharing of resources to help all involved succeed. They are usually non-competing businesses and often share both the risks and rewards of the decisions of both companies.

Most time, the ultimate goal of the strategic partnership is to create value for each company by offering information, services and other resources that the other firm either has no access to or could only access through some form  of financial exchange.

Therefore, this strategy is known as being a strategic partner.

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which investment option would you recommend based on your analysis using all four capital budgeting tools?

Answers

Business investment option would you recommend based on your analysis using all four capital budgeting tools I suggest the following financial choices for the business, taking into account its capital structure and capital budgeting strategies.

Based on the facts from the mini case that was provided. First, the business should establish the right balance of debt and equity finance to optimise its capital structure by doing this.

It will be possible to minimise the cost of capital while yet maintaining a balanced risk profile. To do this, the business might assess the ideal capital structure using methods like the Weighted Average Cost of Capital (WACC). Second, to assess and choose lucrative investment initiatives, the business should put strong capital budgeting processes into practise. To assess the profitability of possible investments, methods like Net Present Value (NPV), Internal Rate of Return (|RR), and Payback Period can be used.

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If you tell me a good counter to this argument fast, I'll give u brainliest + five star (HELP)
If a school duration is not year-round, then students will most likely forget alot of things they learned over school year.

Answers

We certainly blank out things over time, and there's no reason to evaluate that what students learn in school should be an exception.

What do you mean by Argument?

Making an argument involves two or more individuals reacting to one another's claim and support for such a claim.

There are a few unusual reasons why the brain forgets, but the two main causes are decay and disuse. Decay is a natural process that refers to the gradual loss of information over time. When we first learn something, it is stored in our short-term memory, which is relatively small and can only hold a very small amount of information.

Therefore, The statement “If a school duration is not year-round, then students will most likely forget a lot of things they learned over the school year.” is correct.

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Who most likely actually pays the tax on rental property?

Who most likely actually pays the tax on rental property?

Answers

landlord jk

Explanation:

It is definitely the landlord .

what time period covers savings goals for your long-term future? six to nine months nine months to two years around three years more than three years

Answers

Last option. More than three years  covers savings goals for your long-term future.

What is meant by long term savings plan?

Savings accounts designed to achieve long-term financial objectives are known as long-term savings accounts. The funds saved in long-term savings accounts are typically used for one-time, long-term expenses like home purchases, retirement, and the education of children.

Long-term savings accounts are made to store money you don't anticipate needing to spend anytime soon. They aren't the same as checking or short-term savings accounts that you might use to save money for bills, a trip or wedding that's coming up, or other one-time expenses.

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Please answer this if you wanna try to cheer me up
I need it a lot and I'd be really grateful

Answers

Answer whatttttt ? :))

I don’t know what the question is, but I answered this so hopefully this cheered you up!

A more professional focus of running events started to take place during the late 1800s. The catalyst for such a professional focus emphasis occurred due to A. the number of career opportunities. B. the multitude of events that were occurring. C. television's impact on events. D. a desire to increase profits.

Answers

Answer: D. a desire to increase profits

Explanation:

During the late 1800s, a more professional focus of running events began to take place. The main reason for such a professional focus emphasis occurred due to a desire to increase profits.

It was realized that having a more professional focus on running events could bring about more funds and also bring about more intersted spectators.

List 3 responsibilities that a consumer has when making a purchase.

Answers

Answer:

check receipt, know the return policy, read the fine print

Explanation:

Welcome

Which of the following are money market instruments? Check all that apply.
Common stocks
O Treasury bills
O Long-term bank loans
O Commercial paper
Im Certificates
Certificates of deposit

Answers

Commercial paper is one of the following money market instruments. Commercial paper is a type of short-term, unsecured debt instrument issued by corporations to fund short-term liabilities.

What is money market?Bank accounts, including time credentials of deposit; interbank loans (loans between banks); money market mutual funds; commercial paper; Treasury bills; and securities lending and repurchase agreements are all examples of money markets (repos). The money market is an economic component that provides short-term funds. The money market specializes in short-term loans of one year or less. Money market funds are widely regarded as one of the most stable investments, as they have low volatility and are less susceptible to market fluctuations. Money funds are also more liquid than other investments with comparable returns, such as CDs, because they allow you to quickly withdraw cash or purchase other investments.

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Which of the following offers the strongest support for the Heckscher-Ohlin model?
A. East-West trade
B. U.S. trade
C. North-South trade in manufactures
D. The overall (world) pattern of trade

Answers

The Heckscher-Ohlin model suggests that countries will specialize in the production of goods that require abundant factors of production and trade with countries that have a scarcity of those factors.

The strongest support for this model is the overall pattern of world trade, which indicates that countries tend to export goods that use their abundant factors of production and import goods that require their scarce factors of production. This can be seen in the fact that countries like Canada and Australia, which are abundant in natural resources, tend to export raw materials like timber and minerals while importing manufactured goods. Similarly, countries like Japan, which are scarce in natural resources but abundant in capital and skilled labor, tend to export manufactured goods and import raw materials. While trade between the East and West and between North and South may exhibit some aspects of the Heckscher-Ohlin model, these regional patterns of trade are more complex and are influenced by factors like colonial history, political relationships, and technological advancements. U.S. trade may also show some support for the Heckscher-Ohlin model, but the U.S. economy is so diverse and complex that it is difficult to draw clear conclusions about trade patterns based solely on the U.S. experience. Therefore, the overall pattern of world trade provides the strongest support for the Heckscher-Ohlin model.

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Why is it important for people to maintain a good credit history?
A. So that it's easier to list the expenses on their personal budget
B. So that the IRS won't investigate them for tax fraud
C. So that they know all of the fees associated with their credit cards
D. So that they have an easier time getting loans and credit cards

Answers

Answer:

D. So that they have an easier time getting loans and credit cards

Explanation:

A credit score is a three-digit numerical that communicates reliability in debt repayments. Credit scores range between 300 to 850. Lenders seek to find the credit score for a borrower before advancing credit facilities to them. A higher credit score indicates a borrower is less likely to default on a loan.

Maintaining a high credit score enables one to obtain credit with relatively easy and at lower interest rates. Lenders feel comfortable extending credit to a customer with a high credit score. They consider them a low-risk borrower.

Give examples of B2C,B2B,C2C and social,mobile and local e-commerce besides those listed in the book

Answers

Explanation:

Full meaning of acronyms:

B2C = Business to Consumer.B2B = Business to Business.C2C = Consumer to Consumer.

Business to Consumer: This involves businesses that directly deal (sell to) with consumers. For example, Amazon, etc.

Business to Business: These businesses directly service or sell to other businesses, not to the final consumer. For example, Microsoft and Intel (in this case Intel sells its microchips to Microsoft).

Consumer to Consumer: These business transactions are carried between consumers only. For example, Craigslist website.

the smallest portion of the total world trade comprises trade between ________.

Answers

Answer:

Low income and middle income nations.

According to the following table, which of these factors affects your credit
score the least?
Percent affects score
Max # of points
2973
Factor
wwarded
Payment history
Amount owed
Length of credit
history
New credit
Types of credit
30%
15%
1275
10%
10%
85
85

According to the following table, which of these factors affects your creditscore the least?Percent affects

Answers

Answer: New credit

Explanation:

According to the following table, new credit, of these factors affects your credit score the least. Therefore, option (a) is correct.

What is credit score?

Based on a thorough examination of a person's credit files, a credit score is a numerical representation that reflects their creditworthiness. Credit scores are determined by statistically analyzing a person's financial history, which includes their payment history, credit utilization, duration of credit history, categories of credit utilized, and most recent credit queries.

A person who has applied for new credit is said to have credit lines or loans that they did not previously have. One component of a person's credit report, it impacts whether their credit score will increase or decrease. Because it adds a hard query to their credit report, applying for new credit can temporarily lower a person's credit score.

As a result, the significance of the these factors impacts credit score the least are the aforementioned. Therefore, option (a) is correct.

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In order to be able to explain financial concepts to your clients, you need to have good ______ skills:

Accounting

Math

Computing

Communication


Answers

You require strong communication skills in order to be able to convey financial ideas to your clients. As a result, choice (D) is acceptable.

What is financial concept?

The fields of banking, pressure or financing, credit, capital markets, money, investments, and the development and management of financial systems all fall under the umbrella of finance.Microeconomic and macroeconomic theories are the source of many of the fundamental ideas in finance. The temporal value of money is one of the most fundamental beliefs that holds that a dollar today is valued more than a dollar tomorrow.Personal finance, corporate finance, and public (government) finance are the three primary subfields of the finance discipline.For the purpose of acquiring financial commodities and achieving financial objectives, both consumers and corporations employ financial services.One of a country's main economic generators is the financial services industry.

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george and ringo met at law school and decide to start a small law practice after graduation. they agree to split revenues and expenses evenly. the most common form of business organization for a business such as this would be a

Answers

George and Ringo met at law school and choose to begin a little regulation practice after graduation. they consent to equitably divide incomes and costs. the most well-known type of business association for a business like this would be a partnership. option (A) is correct.

A partnership is a type of business where at least two individuals share possession, as well as the obligation regarding dealing with the organization and the pay or misfortunes the business creates.

The understanding turns into the premise of the connection between the accomplices. It isn't required that such an arrangement is written down. An oral understanding is similarly legitimate.

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This question is not complete , Here I am attaching the complete question:

George and ringo met at law school and decide to start a small law practice after graduation. they agree to split revenues and expenses evenly. the most common form of business organization for a business such as this would be a ________

(A)  partnership.

(B) HUF

(C) economic entity

(D) Limited liability partnerships

Part A
In the video, what tax cut is President Obama extending?

Answers

maybe the tax cut for the middle class or the payroll tax

Answer: He is announcing an extension of a cut in payroll taxes.

Explanation: edmentum/ plato

________________ products are customized and adapted to the culture, tastes and social trends of a country.
- International
- Global

Answers

Answer:

- International

Explanation:

An international product is customized to suit the culture and the needs of a particular country. It means the product is available for purchase in many different markets. It is made slightly different to suit the unique needs of each country.

A global product is also available in many countries. Unlike an international product that is customized, a global product is availed with the same features and packaging in all countries.

The amount of time I live in one place is an example of Capacity from the 5 Cs?
O True
O False

Answers

It is true One of the 5 Cs's capacity examples is how long I stay in one spot.

What is Capacity?

Capacity,  Lenders examine your business plan's revenue, expenses, cash flow, and payback schedule to assess your ability, or your capability to repay a loan. They also check your credit ratings from agencies like Equifax, Experian, and TransUnion as well as your personal and corporate credit reports.

By evaluating the borrower's debt-to-income (DTI) ratio and comparing income to recurrent debts, capacity calculates the borrower's capacity to repay a loan. DTI is determined by multiplying the borrower's gross monthly income by the sum of all monthly debt payments. The applicant's chances of being approved for a home loan are better the lower their DTI .

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DQuestion 24 1 pts The short-run aggregate supply curve will shift to the left if: D the aggregate price level falls. commodity prices rise. D tax revenues fall. productivity increases.

Answers

The short-run aggregate supply curve will shift to the left if commodity prices rise. Therefore, the correct option is B.

The short-run aggregate supply curve is the aggregate supply curve that is based on the assumption that the nominal wages paid to labourers are fixed and are not influenced by the changes in the price level. It indicates the level of real output that will be produced at different price levels in the short run. It shows the positive relationship between the price level and the quantity of real output supplied by the producers.

The short-run aggregate supply curve shifts when there is a change in any of the determinants of aggregate supply except for the aggregate price level. It shifts to the right if any of the determinants of aggregate supply change positively and to the left if they change negatively.

The short-run aggregate supply curve will shift to the left if commodity prices rise. This is because an increase in commodity prices leads to higher production costs, resulting in a decrease in the quantity of goods and services supplied at each price level. Hence, option B is the correct answer.

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please help me i cant solve this :(

please help me i cant solve this :(

Answers

Answer: 25% is your answer

Explanation: (Simplify) 150/600 = 0.25 = 25%

I hope this helps! :)

Treasury spot interest rates are as follows: Maturity (years) 1 2 3 4 Spot rate (EAR) 2.5% 2.8% 3.5% 4.5% Attempt 2/10 for 7 pts. Part 1 What is the price of a risk-free zero-coupon bond with 3 years to maturity and a face value of $1,000 (in $)?

Answers

To calculate the price of a risk-free zero-coupon bond, we can use the formula: Price = Face Value / (1 + Spot Rate)^Maturity  where the spot rate represents the risk-free interest rate for the corresponding maturity.

In this case, the maturity of the bond is 3 years, and the face value is $1,000. We can use the spot rate for the corresponding maturity to calculate the price.

Using the given spot rate of 3.5% (EAR) for a 3-year maturity, we can plug in the values into the formula:

Price = $1,000 / (1 + 0.035)^3

Calculating this expression gives us:

Price = $1,000 / (1.035)^3

     = $1,000 / 1.107035

     ≈ $902.68

Therefore, the price of the risk-free zero-coupon bond with 3 years to maturity and a face value of $1,000 is approximately $902.68.

The price of a bond is inversely related to the prevailing interest rates. As interest rates increase, bond prices decrease, and vice versa. Therefore, if the spot rate were higher than 3.5%, the price of the bond would be lower, and if the spot rate were lower, the bond price would be higher.

It's important to note that the calculated price represents the present value of the bond based on the given parameters and assumptions. Actual bond prices in the market may vary depending on factors such as market conditions, credit ratings, and investor demand.

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How much would $20,000 due in 50 years be worth today if the discount rate were 7.5%?a. $438.03b. $461.08c. $485.35d. $510.89e. $537.78

Answers

Answer:

The present value is $537.78

Explanation:

Given

\(Future\ Value\ (FV) = \$20,000\\Time (T) = 50\ Years\\Discount\ Rate\ (R)= 7.5\%\)

Required

The Present Value(I)

To calculate the present value, we simply apply the formula for future value;

\(FV = I *(1 + R)^T\)

Substitute 20,000 for FV; 50 for T and 7.5% for R;

This gives

\(20,000 = I *(1 + 7.5\%)^{50}\)

Convert percent to decimal

\(20,000 = I *(1 + 0.075)^{50}\)

\(20,000 = I *(1.075)^{50}\)

\(20,000 = I *37.19\)

Divide both sides by 37.19

\(\frac{20,000}{37.19} = \frac{I *37.19}{37.19}\)

\(\frac{20,000}{37.19} = I\)

\(537.778 = I\)

\(I = 547.78\ (Approximated)\)

Hence, the present value is $537.78

place the stages of the marketing research process in the correct order, with the first step at the top. 1) defining objectives
2) designing the research project
3) data collection
4) analyzing data
5) implementing the action plan

Answers

The objectives must be established first, then the research project's design, according to the proper sequence for doing marketing research. After then, information is gathered and examined. The study findings are then used to build and implement an action plan.

What are the five steps in the process of marketing research?

The Marketing Research Process in 5 StepsClarify the issue or opportunity. Determining the problem is the key step in the marketing research process.Create a plan for your marketing research.Gather Information and Data That Is Relevant

In the marketing research process, what is stage four?

4. Examine and present your findings. In order to analyse the data from a market survey, primary and/or secondary data must be converted into useable information and

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what is the equivalent of 2a + 3b + 5c A: 3b + 2a + 5cB: 2a + 8bcC: 5ab + 5cD: 1abc put these dates in order:214 B.C. 1949-1976A.D. 265-589200B.C.1122 B.C. 479B.C.A.D. 317-42019111368-1644A.D. 10411782A.D.618-907206B.C.-A.D.8 6.) Identify the climate regions of North America. Name two states/provinces in each climate region. In addition to carbon dioxide, ______ is a reactant of photosynthesis. What takt time would match capacity and demand if demand is 170 units a day, there are two shifts of 440 minutes each, and workers are given three half-hour breaks during each shift, one of which is for lunch or dinner? (Round the final answer to 2 decimal places.) Takt time minutes per unit Plane A has just 1 ton of fuel left and has requested plane B to refuel it. Plane B has 21 tons of fuel. Fuel transfer happens at the rate of 1 ton per minute. Use this information as you work through the activity and find how long it will take to refuel plane A until both planes have the same amount of fuel. Let x be the time in minutes and y be the amount of fuel in tons. The equation y = x + 1 represents the quantity of fuel with respect to time in plane A, and y = -x + 21 represents the quantity of fuel with respect to time in plane B. For each equation, find two points that satisfy the equation.Graph the equations. What is the smallest particle of matter called? N the event of a catastrophic event, how long do the bankers have to pull their investment from the washington post? write one importance of revolt of 1857 STATE THE MODULES THAT ARE INCLUDED WHEN LEARNING CALCULUS I. When are the nucleoli visible? What are assembled here? Which category do both of these shapes belong to Excerpt from Letter of RecommendationMary O'DellTo Whom It May Concern:Chris studied under my supervision as a student during his sophomore, junior and senior years at Dutch Fork High School. His responsibilitiesincluded designing and constructing both architectural and mechanical models, producing drawings using both computer software andtraditional methods, in addition to some teamwork activities. During the course of his studies, Chris proved himself to be an able student, ahard worker, and a talented designer.Sincerely,Sondra M. SuarezInstructor: Principles of Engineering1) What is the position/title of the person who wrote this letter?esA) designerB) doctorinstructorD) student For one photography session, Dexter earns no less than $50, but no more than $100. Which inequality can be used to represent his earnings, e?e 50 or e 100e > 50 or e < 10050 < e < 10050 e 100 Read the stage direction from act 1 of The Monsters Are Due on Maple Street. NARRATOR'S VOICEMaple Street, U.S.A., late summer. A tree lined little world of front porch gliders, hop scotch, the laughter of children, and the bell of an ice cream vendor.There is a pause and the CAMERA MOVES OVER to a shot of the Good Humor man and two small boys who are standing alongside just buying ice cream.Based on this stage direction, readers should picture Maple Street as amysterious place.quiet place.chaotic place.charming place. Please help! Ill give brainiest if your answer is right what element results if one of the neutrons in a nitrogen nucleus is converted by radioactive decay into a proton? find x and y. use proper postulates or theorems to justify your answer What issues led to the revolts in South America? choose as many as needed.social injusticeslaveryemigrationeconomic restrictions letter of an advert in a newspaper seeking for a sale agent as a JHS graduate, write an application for such opportunity.Official letters