Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate recently completed job lots. Job 1 was for 250 units and Job 2 was for 300 units Job Number Materials Labor Overhead 20 units $ 700 720 1,155 Job Number Materials Labor Overhead 30 $ 810 912 1,368 1-a. Compute total cost per unit for Job 1 and for Job 2 1-b. Which ob has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit? Complete this question by entering your answers in the tabs below. Hest Reg 10 Reg 2A Reg 28 Compute total cost per unit for Job 1 and for Job 2. (Round your answers to two decimal places) Job 1 Job 2 Total cost per unit Reg 18 > Bell Company produces stainless steel drink tumblers. Its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate recently completed job lots. Job 1 was for 250 units and Job 2 was for 300 units Job Nubert Materials Labor Overhead 5.700 270 1.155 Job Water 2 Materials Labor 300 5310 912 1,360 Overhead 1-a. Compute total cost per unit for Job 1 and for Job 2 1-b. Which job has a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job 2-b. Which job has a higher direct materials cost per unit? Complete this question by entering your answers in the tabs below. Reg 14 Regin на 2А Res 20 Whic job has a higher total cost per unit? Which ob has a higher total cost per unk? < Req1A Req2A > Bell Company produces stainless steel drink tumblers, its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate recently completed job lots Job 1 was for 250 units and Job 2 was for 300 units Job Number 1 Materials Labor Overhead 250 units $ 700 270 1.155 Job Nunber2 Materials Labor Overhead 300 units $ 810 912 1,368 1-0. Compute total cost per unit for Job 1 and for Job 2 1-b. Which job has a higher total cost per unit? 2-0. Compute direct materials cost per unit for each job. 2-b. Which job has a higher direct materials cost per unit? Complete this question by entering your answers in the tabs below. Reg 1A Reg 18 Reg 2A Reg 28 Compute direct materials cost per unit for each job. (Round your answers to two decimal places.) Job 1 Job 2 Direct materials cost per unit ( Req 18 Reg 28 > Bell Company produces stainless steel drink tumblers. its only product. These tumblers are stamped with company logos and used as promotional items. Following are simplified job cost sheets for two separate recently completed job lots Job was for 250 units and Job 2 was for 300 units Nust Materials Labor Overhead 1700 720 1.155 debe Materials Labor Over 30 $ 810 912 1.368 1.a. Compte total cost per un for Job 1 and for Job 2 1-b. Which jostas a higher total cost per unit? 2-a. Compute direct materials cost per unit for each job 2.b. Which ob has a higher direct materials cost per unit? Complete this question by entering your answers in the tabs below. 1 Re 1 2 Regu Which ger direct matera ut per Which Ngher det mul
Answers
The table of Job cost sheet given below.
What is Job Cost Sheet?The actual costs of a job are compiled on a job cost sheet. To determine whether a job was correctly bid, the accounting department compiles the report and sends it to the management team. Although it can be compiled concurrently, the sheet is typically completed after a job has been closed.
The customer's name and address, a job description, a job number, important dates, and all costs, including direct materials, direct labor, and overhead, can all be found on a job cost sheet.
Costs can be accumulated at a small unit level using job costing. The cost of making a custom machine, designing software, building a building, or producing a small number of products can all be calculated using job costing.
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Diagram is attached below:
Related Questions
Which of the following is not a true statement about filing bankruptcy? a. Bankruptcy erases all of your debt. b. It is possible to rebuild your credit after filing bankruptcy. There are exemptions that alloW you to keep essentials. d. Bankruptcy stops aggressive action by creditors
Answers
The statement that is not true about bankruptcy is that Bankruptcy erases all of your debt. Option A is correct.
What is bankruptcy?Bankruptcy is a legal process or procedure that involves a person or business that is unable to repay its outstanding debts.
The bankruptcy methodology starts with a requisition or petition that is pointed by the debtor, which is most expected, or on behalf of creditors, and which is less common.
After filing bankruptcy, it is possible to rebuild credit after filing bankruptcy of a debtor, and there are certain waivers that allow maintaining the requirements.
Bankruptcy prevents assertive action by creditors, and it does not mean that it erases all of your debt.
Therefore, option A is correct.
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Answer:
A
Explanation:
Which of the following is not a true statement about filing bankruptcy?
a.
Bankruptcy erases all of your debt.
b.
It is possible to rebuild your credit after filing bankruptcy.
c.
There are exemptions that allow you to keep essentials.
d.
Bankruptcy stops aggressive action by creditors.
A
5.6 Last month Quick Industries produced 900 units. This month they produced 1,264 units. What is the rate of change in production? a. 29.8% b. 32.8% c. 40.4% d. 60%
Answers
Answer: C. 40.4%
Explanation:
To find the rate of change in production, we can use the following formula:
Rate of change = (New value - Old value) / Old value * 100
Where,
Old value = Production of last month = 900
New value = Production of this month = 1264
Substituting the values in the formula,
Rate of change = (1264 - 900) / 900 * 100= 364 / 900 * 100= 0.404 * 100= 40.4%
Therefore, the rate of change in production is 40.4%, which is an option (c). I hope that this answer has helped you!
Answer:
The correct answer is C.
Explanation:
The rate of change in production is: (1264 - 900) / 900 = 0.404 or 40.4%. So, the correct answer is c. 40.4%
Your name, address, telephone number, and e-mail address all belong in the ____ section of a résumé.
letterhead
education
references
heading
Answers
Answer:
heading
Explanation:
our contact information—which includes your name, address, phone number, and email address—should always appear at the top of your resume, regardless of which resume format you are using.
Answer:
A) Letterhead
Explanation:
Your answer should actually be letterhead. If you look up what a letter head is online it tells you it's the heading at the top of a paper that usually consists of a name address, phone number, and email.
I took the quiz and got the answer correct!
EDG 2021
Sassy, Inc. needs $115 million to build a new distribution center. If it issues common stock to raise the funds, the issuance costs will be 8 percent of the total amount issued. If Sassy can issue stock at $40 per share, how many shares of common stock must be issued so that it has $115 million after flotation costs to use to fund the construction of the distribution center
Answers
Answer: 3,125,000 shares.
Explanation:
The number of shares of common stock that must be issued will be calculated as follows:
Let the amount to be raised be represented by x. Therefore,
x - (8% × x) = $115 million
x - (0.08 × x) = $115 million
x - 0.08x = $115 million
0.92x = $115 million
x = $115 million/0.92
x = $125 million
Then the number of shares that'll be issued will be:
= Amount raised / Issue price of stock.
= $125 million / 40
= 3,125,000 shares.
Precision Camera Services started the year with total assets of $80,000 and total liabilities of $40,000. The revenues and the expenses for the year amounted to $140,000 and $60,000, respectively. During the year, the company did not issue any common stock, but it distributed dividends of $55,000. What is the amount of stockholders' equity at the end of the year?
Answers
Answer:
$65,000
Explanation:
Stockholder's equity is the net value of a company's asset. It is the remaining value of a company asset after adjusting for retained earnings and liabilities.
For Precision Camera Services.
Current year additions to stakeholder equity will be the retained earnings.
Retained earning is revenues- expenses - dividends paid out
=$140,000 - $60,000 - $55,000
=$25,000
Stockholders equity : Assets + retained earning - liabilities
=$80,000 + $25,000 - $40,000
=$105,000- $40,000
=$65,000
the producer price index measures the cost of a basket of goods and services t or f
Answers
The Producer Price Index (PPI) program evaluates the normal change in selling prices domestic producers get for their output over time.
The PPI calculates inflation from the standpoint of the provider of the good or service. Since producer prices substantially impact those levied to customers and vice versa, the price patterns for consumers and producers are unlikely to differ for very long. The Producer Price Index tracks changes in the prices paid to American manufacturers of products and services. In contrast to the Consumer Price Index, which monitors prices customers actually pay, the PPI gauges wholesale inflation. The total monthly change in the final demand PPI is determined using PPI indices that are based on goods and services, businesses, and the economic identity of the buyer. The indexes use the input prices from suppliers to determine price movements in private contracts.
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Suppose that you are in charge of hiring a new employee for your firm. You have to decide between two persons. One is a person with many years of experience in a company very similar to yours who has only a high school education. The other person is a recent university graduate with a degree in a field closely related to your company's business. Which person would you choose? Discuss.
Answers
Answer:
The one with many years ofexperience
Explanation:
1 experience
2 knows the job
3 proven to be dependable hence the many years of experience
What is your BIG idea for a new Sharpie product, service, shopping aisle reinvention, physical location, and beyond?
Answers
The key to creating a new Sharpie product, service, shopping aisle, physical location, and value offer is to define the market.
The "market mix" that can be utilized to promote new items in order to connect with potential customers and increase sales can be thought of as the product strategy.
The first thing to keep in mind is that a product strategy has the following components: an issue, a diagnostic, a guiding policy, an action plan, and short-term goals. Also keep in mind that a winning strategy will make use of our advantages to counteract those of the opposition, such as by creating asymmetric costs.
It harmonizes the business's goals and objectives. Ensuring that the business is investing its time in the proper areas. It informs the delivery crew of the structure you are creating.
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Write about three pages (750 words) on one of the following topics. In writing your essay, feel free to build on insights from the discussion boards. Drawing on insights from the religion module, compare and contrast how you imagine life to be different for a believer, an agnostic, and an atheist. Imagine a society without literature, music, visual arts, dance, and so forth. Reflect on what would be lost, what gained. I’ll evaluate your exams mainly by the following criteria: Originality of your ideas Development of thoughts Style of writing
Answers
A believer would find solace and guidance in their faith, deriving meaning and purpose from their religious practices.
What would be an agnostic's approach to life?An agnostic would approach life with an open mind, seeking answers through rational inquiry and personal experience.
An atheist, lacking belief in deities, would rely on reason and evidence for understanding the world. In a society devoid of literature, music, visual arts, and dance, profound losses would occur.
The expressions of human creativity, emotional catharsis, and the exploration of diverse perspectives would vanish. Cultural richness, intellectual stimulation, and the shared human experience would be greatly diminished.
However, new avenues for innovation and problem-solving may emerge as attention shifts to other forms of knowledge and human endeavors.
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Analyse the potential consequences of unresolved conflict within a team.
Answers
Answer:
Unresolved conflict within a team can have various negative consequences for the team members, the team leader, and the organization as a whole1234. Some of these consequences are:
Reduced morale and motivation: Conflicts affect the emotional and psychological well-being of team members. If conflicts remain unresolved, then employees naturally feel stressed out and unable to focus on their job. When conflicts linger on for longer periods of time, then employees feel uncertain about their role and the future. This mental state is the main cause of their low morale and motivation.Poor communication and collaboration: Conflicts create barriers and distrust among team members. They hinder effective communication and information sharing, which are essential for teamwork and innovation. Conflicts also reduce the willingness and ability of team members to cooperate and coordinate with each other, resulting in inefficiency and errors.Decreased performance and productivity: Conflicts distract team members from their core tasks and goals. They consume time and energy that could be otherwise spent on productive work. Conflicts also impair the quality and quantity of work output, as team members may avoid or sabotage each other’s efforts. Conflicts can also lead to missed deadlines, wasted resources, and lost opportunities.Increased turnover and absenteeism: Conflicts create a hostile and unpleasant work environment for team members. They may cause employees to feel dissatisfied, frustrated, or burned out with their job. This may lead them to seek alternative employment or quit altogether. Conflicts may also cause employees to take more sick leaves or avoid coming to work altogether, which affects the availability and continuity of the team.Damaged reputation and customer service: Conflicts can affect the external image and reputation of the team and the organization. They can damage the relationships with customers, clients, partners, or stakeholders, who may perceive the team as unprofessional, unreliable, or incompetent. Conflicts can also affect the quality and timeliness of customer service, as team members may be less responsive, courteous, or helpful to customersUnresolved conflicts within a team can lead to several negative consequences such as:
Decreased productivity, lower morale, loss of trust ,increased turnover, damage to relationships ,missed opportunities.
-Unresolved conflicts can cause tension and distractions, which can decrease productivity and disrupt the work environment.
-Conflicts can lower team morale and create an atmosphere of negativity, which can lead to reduced job satisfaction and motivation.
-Conflicts can cause team members to lose trust in one another, which can make it difficult for them to work together effectively.
-Conflicts can distract team members from important opportunities and prevent them from reaching their full potential.
Therefore, these are the consequences of unresolved conflicts within a team.
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what is grants related to assets
Answers
Answer:
A government grant may take the form of a transfer of a non-monetary asset, such as land or other resources, for the use of the entity. In these circumstances it is usual to assess the fair value of the non- monetary asset and to account for both grant and asset at that fair value.
Explanation:
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Which example represents a reward?
A: long break times
B: an achiever's name on the "Employee of the Month" board
C: banquet
D: bonus
Answers
Answer:
To me, it would be all of them, D. Bonus?
Explanation:
Calculate the total account value for $10,000.00 at 10% interest for 15 years
Answers
A = P(1 + r/n)^(nt)
where:
A = the total account value
P = the principal amount (the initial investment)
r = the annual interest rate (as a decimal)
n = the number of times the interest is compounded per year
t = the number of years
Plugging in the given values, we get:
A = 10,000(1 + 0.10/1)^(1*15)
A = 10,000(1.10)^15
A = 10,000(4.177)
A = $41,770.00
Therefore, the total account value for $10,000.00 at 10% interest for 15 years would be $41,770.00.
Write down three key takeaways from the home-buying process in the space below.
Answers
The three takes aways from the home-buying process are, before going house searching,
research the housing market and be pre-approved for a mortgage.Engage the services of a competent real estate agent to walk you through the process and bargain on your behalf.Before closing, do a comprehensive house inspection to discover any potential concerns or needed repairs.What is the Home-Buying Process?Purchasing a house entails locating a suitable property, obtaining financing, making an offer, obtaining a home inspection, and finalizing the transaction.
If you can't afford a large down payment, national and state first-time buyer programs may be helpful. It's critical to maintain your property and save money once you've moved in.
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Identify one supply or demand shifting factor that the community could have some control over or do something about
Answers
One supply or demand shifting factor that the community could have some control over is consumer preferences and behaviors.
1. Consumer Education: The community can actively engage in educating consumers about the benefits of certain products or services. By providing information on the positive impacts of choosing certain goods or services, consumers may shift their preferences towards those options, influencing the demand.
2. Marketing and Advertising: Local businesses and organizations can collaborate to promote goods and services that align with the values and preferences of the community. Effective marketing strategies can influence consumer demand and encourage them to choose specific products, thereby shifting the demand curve.
3. Support for Local Producers: Community members can actively support local producers and businesses by purchasing their goods and services. By creating a demand for locally sourced products, the community can influence supply chain dynamics and encourage businesses to cater to their preferences.
4. Sustainable Practices: Promoting sustainable practices within the community can also have an impact on supply and demand. By advocating for eco-friendly products and services, such as renewable energy or ethically sourced goods, the community can create a shift in consumer demand, influencing businesses to adjust their supply accordingly.
5. Collaboration with Local Authorities: The community can collaborate with local authorities to enact policies that align with their preferences. For example, advocating for stricter environmental regulations or supporting initiatives that promote fair trade can influence both supply and demand factors.
By actively engaging in these steps, the community can exert some control over consumer preferences and behaviors, thereby shifting the supply and demand dynamics in their favor.
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Find the present value of $10,000 received at the start of every year for 20 years if the interest rate is J1 = 12% p.a. and if the first payment of $10,000 is received at the end of 10 years
Answers
Answer:
$ 26,935.56
Explanation:
The key to this question is that present value of those cash flows in year ten is the future value today.
PV=PMT*(1/i-1/i*(1+i)^n)*(1+i)
PMT is the annual amount receivable which is $10,000
i is 12% or 0.12
n is 20 years
1/i*(1+i)^=1/0.12*(1+0.12)^20=1/(0.12*9.646293093 )=0.863889709
1/i=1/0.12=8.333333333
1+i=1+0.12=1.12
PV=10,000*(8.333333333 -0.863889709 )*1.12
PV=10,000*7.469443624*1.12=$83,657.77
The PV In ten years' time is future value today, hence we need to discount that future value to today's terms
PV=FV*(1+r)^-n
n is ten
r is 12%
PV=$83,657.77*(1+12%)^-10=$ 26,935.56
Pretend that you are designing diversity training for your co-workers. What 3 concepts from this lesson would you include in this training and
why? Please support your response with specific examples from the text and the video (provide page numbers and time markers). Your initial
post must be a minimum of 6 sentences in length. Then provide 2-4 sentences of feedback to a minimum of 3 other posts.
Answers
In the preparation of a designing diversity training for co-workers, some important concepts that most be included in this training includes:
Understanding Implicit BiasIntersectionalityMicroaggressionsWhat do you mean by diversity training?Diversity training refers to any program that aims to promote positive intergroup interaction, reduce prejudice and discrimination, and teach people who are different from others how to work effectively together.
Understanding Implicit Bias in this training can help individuals recognize and challenge their own biases, leading to more inclusive and equitable workplace behavior.
Understanding intersectionality can help individuals understand and acknowledge the unique challenges that different groups of people face, as well as aid in the development of more inclusive and equitable policies and practices.
Understanding microaggressions can assist individuals in recognizing when they or others are engaging in harmful behavior, as well as in creating a more inclusive and equitable work environment.
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Let MAC1 = 100 – 10E and MAC2 = 50 – 10E. Graph each function and compute the aggregate MAC curve. Let MD = 30E, compute the socially efficient equilibrium. For the equations given above, suppose the government sets the pollution level at four units. What are the net social costs of this policy?
Suppose a technological change occurs that reduces the marginal costs of abatement for polluter 1 in the above equation to that of polluter 2. How does this affect the socially efficient level of pollution? Solve numerically and graphically.
Answers
If the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not impact the socially efficient level of pollution. The level is still determined by equating Marginal Damage with the Aggregate MAC.
To graph each function, we can plot MAC1 and MAC2 on a graph with the quantity of emissions (E) on the x-axis and the marginal abatement cost (MAC) on the y-axis.
For MAC1: MAC1 = 100 - 10E
For MAC2: MAC2 = 50 - 10E
To compute the aggregate MAC curve, we add the individual MAC curves together. So, Aggregate MAC = MAC1 + MAC2.
Aggregate MAC = (100 - 10E) + (50 - 10E) = 150 - 20E
Now, let's calculate the socially efficient equilibrium by setting the Marginal Damage (MD) equal to the Aggregate MAC.
MD = Aggregate MAC
30E = 150 - 20E
Simplifying the equation, we get:
50E = 150
E = 3
Therefore, the socially efficient equilibrium occurs when the quantity of emissions (E) is 3.
Now, let's calculate the net social costs of the policy when the government sets the pollution level at four units.
Net social costs = Aggregate MAC - MD
Net social costs = (150 - 20(4)) - (30(4))
Net social costs = 110 - 120
Net social costs = -10
The net social costs of this policy would be -10, indicating a net benefit to society.
If a technological change occurs that reduces the marginal costs of abatement for polluter 1 to that of polluter 2, it means that MAC1 will become equal to MAC2.
Setting MAC1 equal to MAC2:
100 - 10E = 50 - 10E
Simplifying the equation, we find that E can have any value, as both sides are equal.
Graphically, this change would mean that MAC1 and MAC2 become parallel lines on the graph, with the same slope and intercept. The socially efficient level of pollution would still be determined by equating MD with the aggregate MAC.
In conclusion, if the marginal costs of abatement for polluter 1 become equal to polluter 2, it does not affect the socially efficient level of pollution. The socially efficient level is still determined by equating the Marginal Damage with the Aggregate MAC, regardless of the marginal costs of individual polluters.
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Deep Falls Timber has net sales of $642,100, net income of $50,800, dividends paid of $12,700, total assets of $658,000, and total equity of $444,400. What is the internal growth rate
Answers
Deep Falls Timber's internal growth rate is 8.57%.
How is the internal growth rate calculated?We can compute the internal growth rate of Deep Falls Timber by dividing the company's retained earnings by the average combined equity of all stockholders for the given accounting period.
The firm's internal growth rate shows the highest level of growth that the firm can achieve without obtaining outside financing,
Data and Calculations:Net sales = $642,100
Net income = $50,800
Dividends paid = $12,700
Retained earnings = $38,100 ($50,800 - $12,700)
Total assets = $658,000
Total equity = $444,400
Total liabilities = $213,600 ($658,000 - $444,400)
Total liabilities and equity - $658,000
The internal growth rate = Retained Earnings/Total equity
= 8.57% ($38,100/$444,400 x 100)
Thus, Deep Falls Timber's internal growth rate is 8.57%.
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A database program would probably be used to
Answers
Answer:
The application scope of the database is very wide, such as the student information management system, course selection system, as well as the telecommunications department payment system, statistical system, and online game account management, etc., can be said that the current software, especially the network application software, is to use the database
Answer:
A database program would probably be used to track purchases on a commercial website.
Explanation:
A database is the heart of a business information system and provides file creation, data entry, query and reporting functions.
Which document needs to be submitted, along with reconciled cash, from each department to the main cashier’s office?
A.
deposit form
B.
deposit slip
C.
cash receipt
D.
cash invoice
E.
withdrawal form
Answers
Palamino Corporation had beginning inventory of $30,000 and ending inventory of $38,000. Its net sales were $172,000 and net purchases were $93,000. Cost of goods sold for the period was $85,000. What is Palamino's rate of inventory turnover?
Answers
Answer:
2.5 Times
Explanation:
Calculation for Palamino'ss rate of inventory turnover
Using this formula
Rate of Inventory turnover = Cost of Goods sold / Average inventory
First step is to find the Average inventory using this formula
Let plug in the formula
Average inventory = (Beginning inventory + Ending inventory )/2
Average inventory= (30,000+38,000)/2
Average inventory=68,000/2
Average inventory= $34,000
Now let calculate the rate of Inventory turnover using this formula
Rate of Inventory turnover = Cost of Goods sold / Average inventory
Let plug in the formula
Rate Inventory turnover = 85,000 / 34,000
Rate of Inventory turnover = 2.5Times
Therefore Palamino'ss rate of inventory turnover will be 2.5Times
If the average service rate is 6 customers per hour, and assuming the negative exponential distribution is used to describe the randomness of the service time distribution, what is the probability that the service time will be less than or equal to 6 minutes?
Answers
0.002479 is the probability that the service time will be less than or equal to 6 minutes.
What is probability?
The mathematical discipline known as probability specializes in determining the possibility of an event occurring. Probability, which expresses the probability of a risk, is calculated by dividing the total possible combinations by the frequency of favorable events.
As there will be a service that will be created with respect to the cumulative distribution function which is also denoted by the help of CDF with this there is a need of finding an exponential factor.
The formula for the CDF is:
F(x) = 1 - e^(-λx)
λ is the rate parameter which is also denoted by 1/mean
x is the service time
In this applying the data that is given in the sum:
F(6 minutes) = 1 - e^(- (1/10) * 6)
Calculating the above equation:
= 0.002479.
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In Chapters 1 and 2 you have been learning about the accounting equation, debits/credits, and account normal balances. The accounting equation is the foundation of accounting. Understanding debits/credits and the account normal balances are just as important. Sometimes, these concepts are difficult to understand and/or remember. Please research the Internet to find fun and easy ways to remember this information. It could be a song, a mnemonic, phrase, video, etc. I need the answer and cititation for the answer
Answers
The best phrase to remember in the accounting equation is to debit all assets, expenses, and losses, and to credit all liabilities, equity, gains, and incomes.
What is the accounting equation?The accounting equation shows that assets are equal to liabilities and equity, given each business transaction.
The implication of the above definition is that when a transaction occurs, which may give rise to expenses, losses, gains, and incomes, the assets and liabilities and equity equation remains in balance.
For instance, when a company incurs an expense for cash, the assets (cash) side is reduced by the amount. Similarly, the equity side is also reduced by the same amount.
Thus, the best phrase to remember in the accounting equation is to debit all assets, expenses, and losses, and to credit all liabilities, equity, gains, and incomes.
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Which of the following best explains why a country might specialize in the production of a good?
O Consumers in the country only demand a single good.
O The country believes it is generally better to do one thing really well than multiple things.
The country cannot produce other goods and services.
Specialization allows the country to exchange for more of other goods than it could produce.
Answers
The best explanation for why a country might specialize in the production of a good is specialization allows the country to exchange for more of other goods than it could produce (option D).
Specialization in the production of a particular good enables a country to take advantage of its available resources, labor, and technology to produce that good more efficiently and at a lower cost compared to other countries. As a result, the country can sell its specialized good to other countries in exchange for other goods that it needs but cannot efficiently produce on its own.
For example, if a country specializes in the production of coffee, it can produce coffee beans at a lower cost and higher quality than other countries due to its favorable climate and available resources. The country can then trade its coffee for other goods that it cannot produce as efficiently, such as electronics or machinery.
Specialization also leads to increased productivity and efficiency, as workers can focus on producing a specific good and become highly skilled in that area. This can lead to technological advancements and innovations, which can further improve production efficiency and competitiveness in the global market.
In conclusion, specialization allows a country to leverage its strengths in the production of a specific good, trade it for other goods it needs, and increase productivity and competitiveness.
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Rand Company had May operations as follows. Units actually produced 76,000 Actual direct labor hours worked 160,000 Actual variable overhead incurred $500,000 Actual fixed overhead incurred 384,000
Based on monthly normal volume of 100,000 units (200,000 direct labor hours), Rand's standard cost system contains the following overhead costs:
Variable $6 per unit
Fixed 4 per unit
The unfavorable variable overhead spending variance was:_________
A. 12,000
B. 20,000
C. 24,000
D. 44,000
Answers
Answer:
B. 20,000
Explanation:
Standard Variable overhead rate = $6 per units / 2 direct labour hour
Standard Variable overhead rate = $3 per hour
Variable Overhead Spending Variance = Actual hours worked * (Actual overhead rate - Standard overhead rate)
Variable overhead spending variance = 160,000 * (3.125 -3)
Variable overhead spending variance = 160000*0.875
Variable overhead spending variance = 20,000
Lux Ladies, Inc., is a company that specializes in expensive and unusual gifts for all occasions. It keeps a large file of information on all of its regular customers, including names, addresses, and type of gifts they have ordered in the past, and the size and frequency of their orders. The electronic file which stores this information is a(n)
Select one:
a. spreadsheet.
b. MP3 file.
c. PERT file.
d. database.
Answers
Option D. The database is the The electronic file which stores this information for the company Lux Ladies, Inc.
What is a database?A database in computing is a structured collection of data that is electronically accessible and stored. Large databases are housed on computer clusters or cloud storage, whilst small databases can be stored on a file system.
A database is a collection of data that has been organized to make it simple to manage and update. Data records or files containing information, including as sales transactions, customer information, financial data, and product information, are often aggregated and stored in computer databases.
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why did the duck cross the road?
will mark brainiest for right answer!
think hard
Answers
Answer:
because it was the chicken's day off
Explanation:
Economic growth results in an improved what?
Answers
Economic growth results in an better standard of living.
What is Economic growth?A country's economy is said to be growing when the value of its goods and services rises, generating more revenue for companies. Consequently, stock prices increase. This provides businesses with money to expand and recruit more workers. Incomes increase as more jobs are created.
Real GDP growth, or the value of national output, income, and expenditure, is a measure of economic growth. The main advantage of economic growth is a rise in living standards, which translates into higher real wages and the capacity to invest more money in sectors like health care and education.
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Which question can help us avoid a decision that would injure our self-esteem?
Multiple Choice
a. Is it legal?
b. Is it balanced?
c. How will it make me feel about myself?
d. How can I avoid taking the blame?
Answers
The question that can help us avoid a decision that would injure our self-esteem would be "How can I avoid taking the blame" Option D
This is further explained below.
What is self-esteem?Generally, Confidence in one's own capabilities or worth is an essential component of healthy self-esteem.
Beliefs about oneself and one's emotional states, such as victory, despair, pride, and shame, are all included in what is referred to as self-esteem.
In conclusion, Asking ourselves, "How can I avoid accepting the blame?" is a question that may guide us away from making a choice that would be detrimental to our sense of self-worth. The D Option
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