A company collects 25% of its sales during the month of sale, 65% one month after the sale, and
10% two months after the sale. The company expects sales of $50,000 in August, $80,000 in
September, $90,000 in October, and $60,000 in November.
How much money is expected to be
collected in October?
A) $90,000 B) $79,500 C) $22,500 D) $55,000
B
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If the incremental costs are greater than the incremental revenue, the product should not be processed further and should be sold at the split-off point
Indicate whether the statement is true or false
Which country is most influenced by social media that is entertaining?
A) India B) The United States C) Brazil D) China E) Russia
Bryans Corporation has provided the following data for its two most recent years of operation: Selling price per unit$53Manufacturing costs: Variable manufacturing cost per unit produced: Direct materials$13Direct labor$6Variable manufacturing overhead$5Fixed manufacturing overhead per year$63,000 Selling and administrative expenses: Variable selling and administrative expense per unit sold$4Fixed selling and administrative expense per year$71,000 Year 1 Year 2Units in beginning inventory0 3,000Units produced during the year9,000 7,000Units sold during the year6,000 7,000Units in ending inventory3,000 3,000The net operating income (loss) under absorption costing in Year 1 is closest to:
A. $132,000 B. $108,000 C. $37,000 D. $16,000
The U.S. Supreme Court has held that in order for a public official or public figure to recover damages for defamation by a media defendant, there must be a showing of:
a. intent. b. negligence. c. actual malice. d. invasion of privacy.