Business, 28.10.2019 23:31 sanchez7489
Purchase-related transactions the stationery company purchased merchandise on account from a supplier for $8,700, terms 1/10, n/30. the stationery company returned merchandise with an invoice amount of $1,100 and received full credit.
(a) if the stationery company pays the invoice within the discount period, what is the amount of cash required for the payment?
(b) under a perpetual inventory system, what account is credited by the stationery company to record the return?
Answers: 3
Business, 22.06.2019 01:20
Which of the following statements concerning an organization's strategy is true? a. cost accountants formulate strategy in an organization since they have more inputs about costs. b. businesses usually follow one of two broad strategies: offering a quality product at a high price, or offering a unique product or service priced lower than the competition. c. a good strategy will always overcome poor implementation. d. strategy specifies how an organization matches its own capabilities with the opportunities in the marketplace to accomplish its objectives.
Answers: 1
Business, 22.06.2019 19:30
Problem page a medical equipment industry manufactures x-ray machines. the unit cost c (the cost in dollars to make each x-ray machine) depends on the number of machines made. if x machines are made, then the unit cost is given by the function =cx+β0.3x2126x31,935 . how many machines must be made to minimize the unit cost?
Answers: 3
Business, 22.06.2019 19:40
Moody corporation uses a job-order costing system with a plantwide predetermined overhead rate based on machine-hours. at the beginning of the year, the company made the following estimates: machine-hours required to support estimated production 100,000 fixed manufacturing overhead cost $ 650,000 variable manufacturing overhead cost per machine-hour $ 3.00 required: 1. compute the plantwide predetermined overhead rate. 2. during the year, job 400 was started and completed. the following information was available with respect to this job: direct materials $ 450 direct labor cost $ 210 machine-hours used 40
Answers: 3
Business, 22.06.2019 22:10
Atoy store has a new game in stock, but customers aren't buying it. which of the following types of inventory increases when customers aren't buying this game? a. work-in-process b. raw materials c. finished goods d. in-transit
Answers: 3
Purchase-related transactions the stationery company purchased merchandise on account from a supplie...
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