You are interviewing three people for one sales job. On the basis of your experience, you believe Mike can sell 600 units a day, Jerry can sell 450 units a day and Ben can sell 400 units a day. The daily salary each person is requesting is as follows: Mike, $200; Jerry, $150; Ben, $100. How would you rank the three applicants?
Q: Give true answer this accounting question not use ai
A: Step 1: Define Variable Cost Per UnitThe variable cost per unit measures the change in total cost…
Q: BOB COMPANY PRODUCED 3 JOINT PRODUCTS
A: Concept of Joint ProductsJoint products refer to multiple products that are simultaneously derived…
Q: Don't use ai given answer accounting questions
A: To calculate the Total Direct Labor Cost Variance, we use the following formula: Total Direct Labor…
Q: The mullen company activity for the first solve this accounting questions
A: Step 1: Define High Low MethodHigh low Methods can be used to segregate fixed cost and variable…
Q: Blue Sky Company reports the following costing data on its product for its first year of operations.…
A: Part (a): Determine Unit Product Cost Under Variable CostingVariable Costing includes only the…
Q: The capital stock is fixed at 40 units, the price of capital is $15 per unit, and the price of labor…
A: Step 1:Average Fixed Cost (AFC) refers to the total fixed costs of production divided by the number…
Q: Need help this question general accounting
A: To calculate the gross margin, we need to determine the cost of goods sold (COGS) and subtract it…
Q: Hello tutor please provide this question solution general accounting
A: Step 1: Definition of Equivalent UnitsEquivalent Units refer to the number of completed units that…
Q: In August, purchases of materials equaled $9,750, the beginning inventory of materials was $850, and…
A: Explanation of Cost of Materials UsedThe cost of materials used represents the amount of raw…
Q: What is the net income under absorption costing get solution
A: Step 1: Definition of Absorption CostingAbsorption costing allocates both variable and fixed…
Q: ?? Help
A: Explanation of Selling Price Per Unit:The selling price per unit represents the amount a company…
Q: For the past year, Vivace Corporation recorded sales of $500,000 and average operating assets of…
A: Step 1: Formulas ROI = Net operating income/Average operating assetsNet operating income = ROI x…
Q: Rena Company reports total assets and total liabilities of $251,000 and $110,000
A: As per the given dataTotal assets = $251,000Total liabilities = $110,000Given company earnings =…
Q: Summit industries has the following accounts solve this accounting questions
A: Step 1:The intangible assets section of the balance sheet is shown under the non-current assets…
Q: Hi Expert of general account please help
A: Step 1: Key DataBeginning WIP: 300 units (already included in calculations under the…
Q: Answer? ? General Accounting
A: Explanation: Following data is given in the question:Notional principal = $2 million; Rate cap…
Q: Cost Account
A: To determine the Finished Goods Inventory for January 1, 2018, we can use the relationship between…
Q: On June 1, the Fitting department had 430 units in inventory. The department transferred 7,100 units…
A: Explanation of Beginning InventoryBeginning inventory refers to the number of units or stock present…
Q: Lucy Company, Inc. had $812,000 in sales, sales discounts of $12,180, sales returns and allowances…
A: Step 1: Introduction to income statementIncome statement is referred to as the financial statement…
Q: I don't need ai answer general accounting question
A: Step 1: Define Return on Assets (ROA)ROA measures a company's profitability relative to its total…
Q: Last year Kijel Company introduced a new product and sold 25,600 units of it at a price of $92 per…
A: To calculate the net operating income (NOI), follow these steps:Calculate total sales revenue:Total…
Q: On a particular date, Microsoft has a stock price of.... Please answer the accounting question
A: The question pertains to method of comparables. There are several equity valuation models, including…
Q: Xyz retail has annual cost of goods sold solution general accounting question
A: Step 1: Determine the annual cost of goods sold (COGS)Step 2: Determine the inventory valueStep 3:…
Q: Need help with this accounting questions
A: Step 1: Define IncomeIncome is the amount an organization obtains within a described period, which…
Q: General Accounting
A: Step 1: Define High Low MethodThe high low method uses the highest activity period and the lowest…
Q: Please Solve This Question with General Financial Method
A: Step 1: Given Value for Calculation Initial investment = ii = $3,500,000Time = t = 15 YearsTotal Net…
Q: Do fast answer of this accounting questions
A: Step 1: Define Market valueThe price an asset sells for on the open market is its market value.…
Q: Please given answer general Accounting
A: To determine how much money to deposit today to have $125,000 in five years at an annual interest…
Q: General Account
A: Step 1: Understand the LCM RuleThe market value for each item is determined as the middle value…
Q: General accounting
A: To solve this question, we can use the formula for the real rate of interest: r=current consumption…
Q: Need help with this question solution general accounting
A: To calculate the breakeven point in units of Alpha, we'll follow these steps:1. Relationships…
Q: I want a proper analysis of Mauritian Revenue Laws regarding Tax Avoidance and Tax Evasion.
A: Approach to solving the question:Step 1: Find out what the laws are in Mauritius that cover tax…
Q: None
A: Step 1: Given Value for Calculation Current Price of Stock of Microsoft = $420.30Earning Per Share…
Q: Last year, Madan’s Clinton, Inc., had a ROA of 9.4 percent, a profit margin of 23.97 percent, and…
A: Concept of Return on Assets (ROA):Return on Assets (ROA) measures how efficiently a company uses its…
Q: Please help me with accounting questions
A: Step 1: Definition of Operating LeverageOperating Leverage: Operating leverage measures the…
Q: NONE
A: Explanation of ABC (Activity-Based Costing) System: Activity-based costing is a costing method that…
Q: General accounting question
A: Step 1: Definition of Predetermined Overhead RatePredetermined Overhead Rate: It is calculated using…
Q: Can you please solve this following requirements on these general accounting question?
A: Step 1: Define Variance AnalysisVariance analysis means analyzing the difference between the…
Q: Financial Accounting Question can you please solve this problem?
A: Step 1: Define Required Rate Of ReturnThe required rate of return on a stock presents the potential…
Q: A fhas a debt to asset solve this question general Accounting
A: The Return on Equity (ROE) is calculated using the formula: ROE = (Net Income / Equity) × 100 Step…
Q: Pierce Corp., an accrual-basis, calendar-year C Corporation, had the following 2009 receipts: - 2010…
A: To determine the amount of gross income Pierce Corp. should report on its 2009 tax return, let's…
Q: Solve thi question financial accounting
A: Step 1: Define Contribution Margin RatioThe contribution margin ratio (CMR) is a key financial…
Q: Subject:- General Account
A: Understanding the QuestionDirect Costing:Under direct costing, only variable costs of manufacturing…
Q: Which type of corporate information is not available to investors? a. Dividend history b. Beginning…
A: Explanation of all incorrect options: a. Dividend history:Available to investors:Companies usually…
Q: On December 31, Campbell Company had an ending inventory of $53,700 based primarily on a physical…
A: Initial InformationThe reported ending inventory is $53,700, based on the physical count.We will…
Q: Need help with this accounting questions
A: Step 1: Definition of Work-in-Process (WIP) InventoryWIP Inventory: The work-in-process inventory…
Q: Question: Wickley Company's plantwide predetermined overhead rate is $20 per direct labor hour and…
A: Explanation of Direct MaterialsDirect materials are the raw materials that are directly used in the…
Q: Question: Cost Account Many companies have switched from absorption costing to variable costing for…
A: The correct answer is:B) to reduce the undesirable incentive to build up inventories…
Q: Do fast answer of this accounting questions
A: ROE = Net Income/(Equity)ROE = 68/(987-559)ROE = 15.89% Dividend Payout Ratio = Dividend Paid/Net…
Q: Roth Inc. has a deferred tax liability of $68,000 at the beginning of 2013. At the end of 2013, it…
A: Step 1: Calculate the Deferred Tax Liability (DTL) at the End of 2013Step 2: Calculate the Change in…
FINANCIAL ACCOUNTING 5.8


Step by step
Solved in 2 steps

- You are interviewing three people for one sales job. On the basis of your experience, you believe Mike can sell 600 units a day, Jerry can sell 450 units a day and Ben can sell 400 units a day. The daily salary each person is requesting is as follows: Mike, $200; Jerry, $150; Ben, $100. How would you rank the three applicants?You are interviewing three people for one sales job. On the basis of your experience, you believe Mike can sell 600 units a day, Jerry can sell 450 units a day and Ben can sell 400 units a day. The daily salary each person is requesting is as follows: Mike, $200; Jerry, $150; Ben, $100. How would you rank the three applicants? ANSWER THIS ACCOUNTING PROBLEMRank?
- During each year, CSL Computer Company needs to train 27 service representatives. It costs $12,000 to run a training program, regardless of the number of students being trained. Service reps earn a monthly salaryof $1500, so CSL does not want to train them before they are needed. Each training session takes one month. a. State the assumptions needed for the EOQ model to be applicable. b. How many service reps should be in each training group? c. How many training programs should CSL undertake each year? d. How many trained service reps will be available when each training program begins?Carol has two job offers.One pays $655 per week, and the other pays $2,800 per month. Which is the better offer?Jerry works as a lifeguard where he makes $9 an hour and does a private lesson for $25 each week. Let x= the number of hours and let y= his total pay. 1. If he worked a normal work week in terms of hours, then how much is his gross pay? 2. Using your answer in number one, find his net pay if he bring home 67% in net pay.
- You have recently hired an equipment operator for $30.00 per hour. To determine his/her billing rate you simply multiply $30.00 by 1.20 to ensure you get a 20% profit margin. Is this process correct?please answer all partSadie May has decided to start a business where she will sell a single line of high heel shoes. Sadie will sell each pair of heels for $60 and will purchase the shoes from a supplier for $30 per pair. The supplier has offered Sadie two shipping options: either (1) Sadie can pay $5 per pair of heels ordered or (2) Sadie can pay a flat shipping cost of $500 per month regardless of the number of pairs ordered. All of Sadie’s sales will be made online. The cost to maintain and manage her website will be $750 per month. In addition, Sadie will rent a small space to store inventory for $250 per month. Sadie does not expect any additional costs in her operations as long as she does not sell more than 150 pairs of heels per month. Which of the following statements is incorrect? A. Shipping option 2 is a riskier cost structure for Sadie. B. At a monthly sales volume of 100 pairs of shoes, Sadie will be indifferent between the two shipping options. C. If…
- You have been offered two different jobs for the upcoming summer. Since both are full-time positions, you must choose to work only one of the jobs. The first job is in an office. The pay will be $700 per week. The office is located 20 miles from your home, so you estimate that you will spend $50 per week on gas. You will also have to pay $50 per week for parking. Because you are required to dress professionally, you will need to purchase some new clothes. You estimate that you will spend $420 on new clothes for this job during the summer. The second job is at an amusement park. The pay will be $520 per week. The amusement park is also 20 miles from your home, but you can carpool with a friend. Your share of the gas will be $25 per week. There is no charge for parking. The amusement park will furnish you with a uniform, so you won't need to buy any special clothes. Assuming that your summer break will allow you to work 12 weeks, which job will provide you with more money? Calculate the…The Inn occasionally hires Maria Sostenuto, a local pianist, to entertain the guests during theevening while they chat by the fireplace in the Grand Room. Maria charges $300 perapprearance plus $30 per hour.1. If Maria plays for three hours, what would be:the total cost to the Inn?the average cost per hour?2. If the Inn manager wants Maria to stay for a fourth hour, what would be:the cost of the fourth hour (the marginal cost)?the total cost to the Inn?the average cost per hour?3. Explain why the average cost is an unimportant calculation in this situation.Calculate Suzanne's wage bill. Suzanne is calculating monthly wages for her employees. Harold makes $12.50 an hour, Pauline makes $15.25 an hour, and Erin makes $21.15 an hour. They each work 40 hours per week, except for Pauline, who works 35 hours per week. Harold: $12.50 x 40 = $500.00 Pauline: $15.25 x 35 = Erin: $21.15 x 40 = $846.00 In a four-week month, Suzanne will pay a total of • in wages.

