Business, 06.08.2019 00:10 Suttyyyyyybear6056
In year 1, costello company performed work for a customer and billed the customer $14,000. in year 2, the customer pays costello company for the services it rendered in year 1. in year 1, the company incurred $6,000 of wage expense, but it did not pay the employees until year 2. if costello company uses the cash-basis of accounting, then it will report(a) revenue of $14,000 and expense of $6,000 in year 2. (b) revenue of $14,000 in year 1 and expense of $6,000 in year 2. (c) no revenue or expenses in either year. (d) revenue of $14,000 and expense of $6,000 in year 1. (e) revenue of $14,000 in in year 2 and expense of $6,000 in year 1.
Answers: 1
Business, 21.06.2019 21:20, jovonjones1234
Kahn company's static budget was based on sales volume of 12,000 units. its flexible budget was based on sales volume of 14,000 units. based on this information multiple choice the sales volume variance is expected to be unfavorable. the materials cost volume variance is expected to be favorable. the labor cost volume variance is expected to be unfavorable. none of the answers is correct.
Answers: 3
Business, 22.06.2019 00:30, kierafisher05
You wants to open a saving account. which account will grow his money the most
Answers: 1
Business, 22.06.2019 01:50, emm3456
Atlas manufacturing produces a unique valve, and has the capacity to produce 50,000 valves annually. currently atlas produces 40,000 valves and is thinking about increasing production to 45,000 valves next year. what is the most likely behavior of total manufacturing costs and unit manufacturing costs given this change? a. total manufacturing costs will increase and unit manufacturing costs will also increase. b. total manufacturing costs will stay the same and unit manufacturing costs will stay the same. c. total manufacturing costs will increase and unit manufacturing costs will decrease. d. total manufacturing costs will increase and unit manufacturing costs will stay the same.
Answers: 1
In year 1, costello company performed work for a customer and billed the customer $14,000. in year 2...
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