FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Giuseppe Crafts creates hand carved instruments. Giuseppe placed five of their most precious instruments with Maestro Instruments. Each instrument carried a price of $11,000, and

image text in transcribed
Giuseppe Crafts creates hand carved instruments. Giuseppe placed five of their most precious instruments with Maestro Instruments. Each instrument carried a price of $11,000, and Giuseppe promised to pay Maestro a 40% commission on each instrument sold. At the end of the year, three instruments had been sold. How much revenue will Giuseppe recognize on each of the consignment sales? O A $11,000 B. $6,600 C. $4,400 OD. $0

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Challenges Of Performance Audit Implementation A Case Study Of Amhara National Regional State Selected Audited Public Sectors

Challenges Of Performance Audit Implementation A Case Study Of Amhara National Regional State Selected Audited Public Sectors

Authors: Alazar Tiruneh

1st Edition

6200487596, 978-6200487599

Students also viewed these Accounting questions

Question

★★★★★
Assume the Knight Corporation is considering the acquisition of Day Inc. The expected earnings per share for the Knight Corporation will be $4.00 with or without the merger. However, the standard...

Answered: 1 week ago

Question

★★★★★
7 . 2 0 zyLab Warm - up: Format checking / ordering Strings ( product codes ) JAVA BETA feature to see your program run with interleaved input and output while in Develop Mode ( unless you leave the...

Answered: 1 week ago

Question

★★★★★
If the amount of soft drink that I consume on any given day is independent of consumption on any other day and is normally distributed with 13 oz and 2 and if I currently have two six-packs of...

Answered: 1 week ago

Question

★★★★★
A dress-making operation is being designed as an assembly line. Table shows the tasks that need to be performed, their task times, and preceding tasks. If the goal is to produce 30 dresses per hour,...

Answered: 1 week ago

Question

★★★★★
Giuseppe Crafts creates hand carved instruments. Giuseppe placed five of their most precious instruments with Maestro Instruments. Each instrument carried a price of $11,000, and Giuseppe promised to...

Answered: 1 week ago

Question

★★★★★
Assume you are the CIO (chief investment officer) for Dragon Industries LLP LLP stands for Limited Liability Partnership). There is $1.000.000 set aside in a reserve fund to purchase new equipment....

Answered: 1 week ago

Question

★★★★★
Question 18 2 Points As a result of continuously measuring and evaluating their performance, Dana Pastries identified five areas that require improvement. Accordingly, they launched a new initiative...

Answered: 1 week ago

Question

★★★★★
Debate the following statement: 'Big Data' and the buzz of the so-called 'green marketing' and 'sustainable marketing' are being used nowadays by marketing professionals to increase the grip and the...

Answered: 1 week ago

Question

★★★★★
Required neat and clear handwritten solution with all steps. Knowing that a = 0.14 m, b = 0.54 m, c= 0.35 m and F = 3.6 kN, determine the magnitude of the force at point B. A B F KN C D bm am bm EO cm

Answered: 1 week ago

Question

★★★★★
Write a MATLAB script to visualize a 3 D plot of a parametric surface representing a spherical spiral. The parametric equations for a spherical spiral are given by: x ( ? , \ theta ) = Rsin ( ? ) cos...

Answered: 1 week ago

Question

★★★★★
What are the specific activities that could make up your project? pleaselist the activities with their information on immediate predecessor andcompletion time, in both a table, and PERT chart.

Answered: 1 week ago

Question

★★★★★
Give an example of a social business situation and what your goal might be in attending the function. (Objective 2)

Answered: 1 week ago

Question

★★★★★
Your last task before proofreading the annual report youve assembled for Ridgedale Bank is to prepare the last four visual aids. Use the following data, and prepare the appropriate graphic aids. The...

Answered: 1 week ago

Question

★★★★★
Identify at least five soft skills that employers are seeking in their prospective employees. (Objective 1)

Answered: 1 week ago

Previous Question Next Question