Business, 15.04.2020 02:46 gervasio229
Dobson Company expects to begin operating on January 1. The company’s master budget contained the following operating expense budget.
January
February
March
Salary expense
$ 40,000
$ 36,000
$ 36,000
Sales commissions, 5% of sales
24,000
30,000
28,000
Utilities
2,800
2,800
2,800
Depreciation on store equipment
1,800
1,800
1,800
Rent
7,200
7,200
7,200
Miscellaneous
1,800
1,800
1,8900
Total operating expenses
$ 77,600
$ 79,600
$ 77,600
Sales commissions are paid in cash in the month following the month in which the expense is recognized. All other expense items requiring cash payment are paid in the month in which they are recognized. The amount of accumulated depreciation appearing on the company's March 31 pro forma balance sheet is:
Answers: 2
Business, 22.06.2019 17:50
Which of the following statements is true of unsought products? as compared to convenience products, unsought products are purchased more frequently. unsought products are consumer products and services that customers usually buy frequently, immediately, and with minimal comparison and buying effort. a life insurance policy is an example of an unsought product. unsought products have strong brand identification for which a significant group of buyers is willing to make a special purchase effort. unsought products are those products purchased for further processing or for use in conducting a business.
Answers: 2
Business, 22.06.2019 18:50
Suppose the government enacts a stimulus program composed of $600 billion of new government spending and $300 billion of tax cuts for an economy currently producing a gdp of $14 comma 000 billion. if all of the new spending occurs in the current year and the government expenditure multiplier is 1.5, the expenditure portion of the stimulus package will add nothing percentage points of extra growth to the economy. (round your response to two decimal places.)
Answers: 3
Business, 22.06.2019 19:50
Statistical process control charts: a. indicate to the operator the true quality of material leaving the process. b. display upper and lower limits for process variables or attributes and signal when a process is no longer in control. c. indicate to the process operator the average outgoing quality of each lot. d. display the measurements on every item being produced. e. are a graphic way of classifying problems by their level of importance, often referred to as the 80-20 rule.
Answers: 2
Business, 22.06.2019 20:00
Because this market is a monopolistically competitive market, you can tell that it is in long-run equilibrium by the fact thatmr=mc at the optimal quantity for each firm. furthermore, a monopolistically competitive firm's average total cost in long-run equilibrium isless than the minimum average total cost. true or false: this indicates that there is a markup on marginal cost in the market for engines. true false monopolistic competition may also be socially inefficient because there are too many or too few firms in the market. the presence of the externality implies that there is too little entry of new firms in the market.
Answers: 3
Dobson Company expects to begin operating on January 1. The company’s master budget contained the fo...
English, 27.02.2021 19:50
Chemistry, 27.02.2021 19:50
History, 27.02.2021 19:50
Mathematics, 27.02.2021 19:50
Mathematics, 27.02.2021 20:00
Mathematics, 27.02.2021 20:00
Mathematics, 27.02.2021 20:00
Chemistry, 27.02.2021 20:00
Mathematics, 27.02.2021 20:00
English, 27.02.2021 20:00
Health, 27.02.2021 20:00
Mathematics, 27.02.2021 20:00