Consensus simply means a general agreement. By definition, the rest of the words are:
· Consignment is the act or process of sending goods to a person or place to be sold.
· Conscription is the practice of ordering people by law to serve in the arm forces.
· Continuity is the quality of something that does not stop or change as time passes.
Product 2005wsc should be reported at $26 per unit when applying the lower-of-cost-or-market method for Muckenthaler Company.
To determine the amount per unit that product 2005wsc should be reported at when applying the lower-of-cost-or-market (LCM) method for Muckenthaler Company, we need to consider the cost, market value, and the normal profit margin.
Step 1: Calculate the normal profit margin
Normal profit margin = Selling price * Normal profit percentage
Normal profit margin = $30 * 40% = $12
Step 2: Calculate the ceiling
Ceiling = Selling price - Estimated disposal cost
Ceiling = $30 - $6 = $24
Step 3: Calculate the floor
Floor = Ceiling - Normal profit margin
Floor = $24 - $12 = $12
Step 4: Determine the market value
Market value = Replacement cost
Market value = $26
Step 5: Compare cost, market value, ceiling, and floor to find the LCM
Cost = $27
Market value = $26
Ceiling = $24
Floor = $12
The market value falls between the ceiling and the floor, so we'll use the market value. Compare the cost and market value:
Cost = $27
Market value = $26
The LCM is the lower of the two values, which is $26. Therefore, product 2005wsc should be reported at $26 per unit when applying the lower-of-cost-or-market method.
Here is the journal entry format:
Date: April 30
- Debit: Payroll Tax Expense $12,969
- Credit: Social Security and Medicare Taxes Payable $580
- Credit: Federal Unemployment Taxes Payable $33
- Credit: State Unemployment Taxes Payable $226
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a:Yes; all of her criteria are aligned with entrepreneurship.
b:Maybe; if she is willing to work in an area other than social justice.
c:Maybe; if she is willing to risk not making $60,000 from her business venture.
d:No; entrepreneurs do not have flexible hours.
Human capital increase throughout a career because related jobs develop skills for a specific field of work. Humans can develop skills and gain knowledge through the field of work and improve these skills, if they have the passion to develop it.
so c
Explain what is the author’s message.
False
Answer:
True
Explanation:
I would say this statement in TRUE. Here is my reasoning: Data collection is information learned by a business. For example: If you are a moving company and you paid for a TV commercial. Wouldn't you like to know how many people are calling you for moves based on that commercial? Of course. So asking your customers "where did you hear about us?" and hearing "The TV commercial" can identify that not only is your commercial working but that it is paying for itself with the business coming your way. Data collected is a GREAT way to run a business successfully.