RECOMMENDED!!The adjusted trial balance of Premium Gourmet

The adjusted trial balance of Premium Gourmet Caterings shows the following selected data on certain income statement accounts for the year ended September 30, 2015:Sales $ 610,000Freight out 9,900Sales Returns and allowances 14,600Sales discounts...

RECOMMENDED!!ACC 121-An opportunity cost

1. An opportunity cost:A. Is an unavoidable cost because it remains the same regardless of the alternative chosen.B. Requires a current outlay of cash.C. Results from past managerial decisions.D. Is the potential benefit lost by choosing a specific alternative course...

RECOMMENDED!!ACCOUNT 1254698-Runaround Corporation sells running

Runaround Corporation sells running shoes and during January they ran production machines for 20,000 hours total and incurred $9,000 in maintenance costs. During July they ran production machines for 14,000 hours total and incurred $7,200 in maintenance costs.Based on...