Each month, renaldo earns a commission of 10.5% of his total sales for the month, plus a flat salary of $2,500. if renaldo earns

$8,400 The calculation for the annual financial benefit (loss) for the organization is detailed below: Particulars     Make                             Buy Direct material           $53,600 (8,000 units × $6.70) Direct labor               $64,800 (8,000 units × $8.10) Variable manufacturing overhead $8,800  (8,000 units × $1.10) Supervisor's salary $16,000  (8,000 units × $2) Fixed manufacturing overhead $2,000   Opportunity cost $16,000   Purchase cost                                                        $169,600  (8000 × $21.20) Total relevant cost       $161,200                              $169,600 Financial (loss) is = $161,200 - $169,600 = -$8,400 We simply compared the make and buy costs and found that purchasing incurs a higher cost than manufacturing, leading to an excess expense of $8,400 if the external supplier is chosen.

If a business regularly deals with toxic substances, all staff interacting with these hazardous materials must <span>receive training on how to handle and dispose of them safely! This is of utmost importance.</span>

Answer:

A. Dr Amortization expense $43,750

Cr Patents $43,750

B. Dr Amortization expense $5,230

Cr Patents $5,230

C. Dr Amortization expense $14,000

Cr Franchises $14,000

Explanation:

Journal entry preparations

A. Dr Amortization expense $43,750

($350,000÷8 years = $43,750)

Cr Patents $43,750

(Recording amortization for the patent)

B. Dr Amortization expense $5,230

($52,300÷10 years = $5,230)

Cr Patents $5,230

(Recording amortization for the patent)

C. Dr Amortization expense $14,000

($70,000÷5 years = $14,000)

Cr Franchises $14,000

(Recording amortization for franchises)

Response:

Sole

I hope this is beneficial:)

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