Data related to the expected sales of laptops and tablets for Tech Products Inc. for the current year, which is typical of recent years, are as follows:ProductsUnit Selling PriceUnit Variable CostSales MixLaptops$1,600$80040%Tablets90045060%The e... Read more
Relevant costs refers to those cost which will be affected by a managerial decision. While Irrelevant costs refers to the cost that will not be affected by the managerial decisions. Examples of irrelevant costs are s... Read more
In today's market, many small businesses do not have enough staff to remain competitive. But that doesn't mean they need to be overwhelmed by the extra workload - outsourcing work activities, such as accounting, can ease the pressures and... Read more
The Coca-Cola Company is a non-alcoholic beverage concentrates and syrups manufacturer, retailer, and marketer based in the United States. Apart from its famous Coca-Cola beverage, the Coca-Cola Company has over 350 brands in over 200 cou... Read more
Small businesses shouldn't be overwhelmed by small staff; Outsourcing some activities can take the pressure off and keep things running smoothly.Some entrepreneurs like to monitor every project and monitor every responsibility, but this can l... Read more
In today's market, many small businesses do not have enough staff to remain competitive. But that doesn't mean they need to be overwhelmed by the extra workload - outsourcing work activities, such as accounting, can ease the pressures and... Read more
One of the best way to solve the profit and loss or discount questions are by using percentages and fractions. For e.g : In question it is given that marked price is 10% above the cost price and there is a loss of 1%. Then calculate dic... Read more
Relevant costs refers to those cost which will be affected by a managerial decision. While Irrelevant costs refers to the cost that will not be affected by the managerial decisions. Examples of irrelevant costs are s... Read more
Professionalism refers to the way an employee act in working environment and how he/she interacts with his/her co-workers, supervisors and clients. Professionalism is so important in a workplace because it separates professional life from pe... Read more
March 26, 2015, two teens killed in a terrible car crash accident at Ohio, involving a salon car and a transit truck, two weeks earlier the same scenario happened in the nearby county, but this time with an even intense magnitude. These are the c... Read more
1) During the first quarter of its fiscal year, Tangerine Enterprises experiences a temporary liquidation of 1000 units in its LIFO base owing to seasonal fluctuations. The LIFO unit cost is $12, and the estimated re... Read more
Question:The bank statement ending balance is $45 lower than the general ledger bank balance. On the bank statement, there is a line item for bank charges and fees of $45. How should the adjustment be recorded in the general ledger? SEL... Read more
Suppose Stark, Ltd., just issued a dividend of $2.51 per share on its common stock. The company paid dividends of $2.01, $2.17, $2.25, and $2.36 per share in the last four years. a.If the stock currently sells for $43, what is your best esti... Read more
indiana Co. began a construction project in 2018 with a contract price of $164 million to be received when the project is completed in 2020. During 2018, Indiana incurred $39 million of costs and estimates an additional $81 million of costs to co... Read more