Cheryl Bryant completed designing 22 custom cakes on her 18-cake contract as an employee of Frontier Wedding Planners. There is a bonus earned if the individual exceeds 145 percent of her piece contract. How many cakes must Cheryl complete in the remainder of the week to receive the bonus?
What will be an ideal response?
5 cakes. 18 cakes * 1.45 = 26.1 cakes, so she would need 5 more cakes (27-22) to reach 27 since she cannot complete a partial cake
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On January 1, 2016, the Accounts Receivable and the Allowance for Uncollectible Accounts for Darius Company carried balances of $20,000 and $550 respectively. During the year, the company reported $70,000 of credit sales. There were $400 of receivables written off as uncollectible in 2016 . Cash collections of receivables amounted to $74,700 . The company estimates that it will be unable to
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Changes in accounts and notes receivable are reported in the_____________Activities section of a statement of cash flows prepared using the indirect method
Fill in the blank(s) with correct word
Of the three cost-flow assumptions, LIFO has the highest cost of goods sold when inventory costs are rising and the lowest cost of goods sold when inventory costs are falling
Indicate whether the statement is true or false
The Bankruptcy Abuse Prevention and Consumer Protection Act of 2005 requires that before an individual debtor receives a discharge in a Chapter 7 or Chapter 13 bankruptcy, the debtor must attend a personal financial management course approved by the
U.S. Trustee. Indicate whether the statement is true or false