In XL Data Analyst, if you want to summarize a metric variable, you would select which of the following?
A) click on XL Data Analyst, Categorical, Percents
B) click on XL Data Analyst, Summarize, select either Percents or Averages
C) click on XL Data Analyst, Summarize, select Averages
D) click on XL Data Analyst, Summarize, select Percents
E) click on XL Data Analyst, Summarize, select Metric
C
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The Engine Division of Magnificent Motor Corporation uses 5,000 carburetors per month in its production of automotive engines. It presently buys all of the carburetors it needs from two outside suppliers at an average cost of $100 . The Carburetor Division of Magnificent Motor Corporation manufactures the exact type of carburetor that the Engine Division requires. The Carburetor Division is
presently operating at its capacity of 15,000 units per month and sells all of its output to a foreign car manufacturer at $106 per unit. Its cost structure (on 15,000 units) is: Variable production costs $70 Variable selling costs 10 All fixed costs 10 Assume that the Carburetor Division would not incur any variable selling costs on units that are transferred internally. Refer to Magnificent Motor Corporation. What is the minimum of the transfer price range for a transfer between the two divisions? a. $96 b. $90 c. $70 d. $106
What are the pros and cons of electronic postings?
What will be an ideal response?
Gideon Company uses the direct write-off method of accounting for uncollectible accounts. On May 3, the Gideon Company wrote off the $2,000 uncollectible account of its customer, A. Hopkins. On July 10, Gideon received a check for the full amount of $2,000 from Hopkins. On July 10, the entry or entries Gideon makes to record the recovery of the bad debt is:
A.
| Accounts Receivable-A. Hopkins | 2,000 | |
| Bad debts expense | 2,000 | |
| Cash | 2,000 | |
| Accounts Receivable-A. Hopkins | 2,000 |
B.
| Cash | 2,000 | |
| Accounts Receivable-A. Hopkins | 2,000 |
C.
| Cash | 2,000 | |
| Bad debts expense | 2,000 |
D.
| Accounts Receivable-A. Hopkins | 2,000 | |
| Allowance for Doubtful Accounts | 2,000 | |
| Cash | 2,000 | |
| Accounts Receivable-A. Hopkins | 2,000 |
E.
| Allowance for Doubtful Accounts | 2,000 | |
| Accounts Receivable-A. Hopkinse | 2,000 | |
| Accounts Receivable-A. Hopkins | 2,000 | |
| Cash | 2,000 |
The U.S. Constitution and treaties are secondary to state laws and local ordinances
Indicate whether the statement is true or false