For Bonita Industries, the predetermined overhead rate is 70% of direct labor cost. During the month, $800000 of factory labor costs are incurred of which $210000 is indirect labor. Actual overhead incurred was $340000. The amount of overhead debited to Work in Process Inventory should be:
Answer:
$147,000
Explanation:
Calculation to determine what The amount of overhead debited to Work in Process Inventory should be:
Using this formula
Overhead debited to Work in Process Inventory=Factory labor costs*Predetermined overhead rate
Let plug in the formula
Overhead debited to Work in Process Inventory=$210,000*70%
Overhead debited to Work in Process Inventory=$147,000
Therefore The amount of overhead debited to Work in Process Inventory should be:$147,000
S.
Economics
Explain the term "Budget"
What is a stock exchange?
A. A place where investors can buy and sell different
investments.
B. A type of bank that buys and sells different types of
investments.
C. An organization that owns shares of stock.
D. None of the above
Answer:
A. A place where investors can buy and sell different investments.
Explanation:
A stock exchange is a place for the exchange of stocks in the market. In other words, it is a place where investors could 'meet' to buy or sell stocks, be it investments, company shares, or company securities.
A stock market, in simple words, is the marketplace for the buying and selling of investments, a trading place for buyers and sellers. So, a stock exchange is a transaction dealing with stocks, equities, or shares of the commercial world. And the transaction or exchange can only be done if the stock is listed on an exchange.
Thus, the correct answer is option A.
Answer:
A. A place where investors can buy and sell different investments.
Explanation:
The concept behind how the stock market works is pretty simple. Operating much like an auction house, the stock market enables buyers and sellers to negotiate prices and make trades. ... Investors can then buy and sell these stocks among themselves, and the exchange tracks the supply and demand of each listed stock.
Consumers decisions are primarily affected by preference and ________
A. Price
B. Wants
Answer:
price
Explanation:
Answer:
Im thinking B.
Please let me know if I am wrong. Sorry if i am...
Explanation:
give brainliest if correct
The method that allows information from different tables to be combined onto the same sheet can be completed by developing a ______ .
Answer:
I believe its style sheet
Explanation:
Unions creates a balance of power between workers and Businesses? true or false
Answer:
true
Explanation:
Answer:
True
Explanation:
Unions reduce wage inequality because they raise wages more for low- and middle-wage workers than for higher-wage workers, more for blue-collar than for white-collar workers, and more for workers who do not have a college degree. Strong unions set a pay standard that nonunion employers follow.
Adding a chart to the header of a form will result in a(n)
unchanging chart.
changing chart.
chart with a legend.
chart without a legend.
Answer:
Chart without a legend.
Hope this helped.
Attaining financial objectives is important because Multiple choice question. they are related to market standing and competitive vitality. it ensures the company's viability over the long term. they are more important than strategic objectives. they indicate company's future business prospects.
Answer:
The answer is "The third choice".
Explanation:
Financial objectives are the goals of an institution that are monetarily expressible. This term means goals that immediately influence the financial reports of the company, like the revenue statement or even the balance sheet.
This gives us a better intention to leave toward main contributions. Standard accounting aims are increased revenues, higher profit margins, a decrease in difficult times as well as a return on capital.
All of the following statements are true about non-contributory defined benefit retirement plans EXCEPT: A contribution amounts vary based upon the age of the person covered under the plan B larger contributions are made for older plan participants nearing retirement than for younger ones C once benefit payments start, the amount of the benefit is fixed D contribution amounts remain fixed based regardless of age Review
Answer: D. contribution amounts remain fixed based regardless of age
Explanation:
The statements that are true about non-contributory defined benefit retirement plans include:
• contribution amounts vary based upon the age of the person covered under the plan.
• larger contributions are made for older plan participants nearing retirement than for younger ones.
• once benefit payments start, the amount of the benefit is fixed.
It should be noted that in a defined benefit retirement plan, there is variation in the contribution amounts which depends on the individual's age that's covered under the plan. Therefore, the statement that "contribution amounts remain fixed based regardless of age" is incorrect.
Max has a written agency agreement with Rufus in which Max will receive all of the listings in the subdivision that Rufus purchased (with Max’s representation) and is developing. One day when Rufus is visiting the site of the subdivision, a work truck accidentally runs him over and he's seriously injured. Rufus can no longer run the development of the subdivision. What happens to Max’s agency coupled with interest?
Answer: It's still in place because it doesn't terminate on the death or incompetence of the principal.
Explanation:
Agreement that exists between people are usually standing so long both parties are still alive, in most cases, the agreement may still stand with the death of one party, depending on what was written or agreed upon by both parties. The agreement between Maxwell and Rufus is still in place because it doesn't terminate on the death or incompetence of the principal.
The agreement would even stand even if one of the party ain't alive anymore.
If you were in a debate fighting for the rights of something what techniques should you use, just curious?
At the end of the current year, using the aging of receivable method, management estimated that $24,750 of the accounts receivable balance would be uncollectible. Prior to any year-end adjustments, the Allowance for Doubtful Accounts had a debit balance of $675. What adjusting entry should the company make at the end of the current year to record its estimated bad debts expense
Answer:
Dr Bad Debt Expense $25,425
Cr Allowance for Doubtful Accounts $25,425
Explanation:
Based on the information given the appropriate adjusting entry should the company make at the end of the current year to record its estimated bad debts expense will be
Dr Bad Debt Expense $25,425
Cr Allowance for Doubtful Accounts $25,425
($24,750+$675)
(To record estimated bad debts expense )
Which factors can affect a stock's price? Check all that apply.
RE
market performance
the company's financial health
the quantity products produced
location of the company
the economy
Shelly is making a list of tasks for the members of her team, the order they should complete the tasks, and additional details about each task. She wants to use a multi-level outline for the list. She wants to make the top level bullets (for the names), the next level numbers (for the tasks), and the next level after that bullets again (for details about the tasks). Is this possible
Answer: Yes, the list can consist of any mix of numbers, bullets and/or letters.
Explanation:
Multilevel lists is a list that allows one to create an outline which has multiple levels.
Since Shelly wants to make the top level bullets, the next level numbers, and the next level after that bullets again, this is possible as the list can consist of any mix of numbers, bullets and/or letters.
Answer:
Yes, the list can consist of any mix of numbers, bullets and/or letters.
Explanation:
A large retail advertiser with more than 5,000 products wants to upsell to consumers who have purchased products on its website. The retailer needs to reach customers who viewed products on the website and did NOT purchase any product. The retailer wants to dynamically retarget this audience. Which objective should be selected when setting up this campaign & why?
Answer: Catalog sales
Explanation:
Based on the information given, the objective that should be selected when setting up this campaign is catalog sales.
Catalog sakes refers to the sales technique that is used by businesses whereby several items are grouped together together in the online store, and the consumers then buys directly online by using the information that were provided in the catalog.
This can be used to upsell to the consumers who have purchased products on its website.
What helps in determining the reliability of a person with regard to repaying debts?
Answer: Credit score
Explanation:
A credit score is a used to show the creditworthiness of a consumer. It should be noted that the credit score is used by lenders to know if they should lend someone money or not.
The higher the credit score, the better the borrower will look to the potential lenders. It should be noted that the credit score is based on the credit history, total debts, repayment history etc.
Long-term objectives are useful because they Multiple choice question. can be accurately measured, whereas short-term objectives are vague and difficult to quantify. prevent a company from becoming overly focused on the near term and losing sight of larger trends and opportunities. emphasize performance improvements in the current period. set specific expectations for employees on a day-to-day basis.
Answer:
Option B
Explanation:
Option B:
Prevent a company from becoming overly focused on the near term and losing sight of larger trends and opportunities.
3. If a focus group is convened in the second phase of a new product development project, what is information the group is MOST expected to discuss? what type of ads should be used for the product a N the pricing scheme for the product how the product should be made how much it costs to make the product.
Answer: how much it costs to make the product.
Explanation:
The first phase of new idea development would involve finding out how to produce the product because that is where the product is first come up with.
The second phase would see them screen the product and this would involve finding out how much it would cost so that they will know if it is best to move on with the product or drop it.
Evaluating company performance and making corrective adjustments Multiple select question. helps management determine whether to maintain or alter the company's vision, objectives, and strategy. is an ongoing process. is important in understanding how well strategy is being executed. is necessary only when the company's strategic vision changes significantly.
Answer:
helps management determine whether to maintain or alter the company's vision, objectives, and strategy.
Explanation:
A strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.
In Business management, it is very important for businesses to conduct an assessment of its internal strengths and weaknesses. This would give it certain advantages, edge and disadvantages in meeting the needs of various customers by analyzing their strengths, weaknesses, opportunities and threats (SWOT).
Hence, evaluating the performance of a company and making corrective adjustments where necessary helps management in determining whether to maintain or alter the company's vision, objectives, and strategy over a specific period of time.
When a product reaches the decline stage of the product life cycle, a firm has two choices. One choice involves product deletion, where a product is dropped from the firm's product line. Another less drastic choice is to retain the product in the product line, but to reduce marketing costs. When this option, called __________, is selected, advertising expenditures for the product are reduced and salespeople do not devote their efforts to selling the product.
Answer:
harvesting
Explanation:
In the case when the product reached the decline stage so the firm would have the two options. The one option contains that the product is dropped from the product line of the firm and the other one is to continue with the product in the product line. so the second option we called as harvesting where the advertising expenditure could be reduced in which the company could able to gain maximum profit at the declining stage for any sales left
importance of entrepreneurship
Answer:
Entrepreneurship is important, as it has the ability to improve standards of living and create wealth, not only for the entrepreneurs but also for related businesses. Entrepreneurs also help drive change with innovation, where new and improved products enable new markets to be developed.
give short introduction about tourism industry
Answer:
Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.
Answer:
Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.
When the Fed decreases the discount rate, banks will a. borrow less from the Fed and lend more to the public. The money supply increases. b. borrow less from the Fed and lend less to the public. The money supply decreases. c. borrow more from the Fed and lend less to the public. The money supply decreases. d. borrow more from the Fed and lend more to the public. The money supply increases.
Answer:
d. borrow more from the Fed and lend more to the public. The money supply increases.
Explanation:
The Federal Reserve System (popularly referred to as the 'Fed') was created by the Federal Reserve Act, passed by the U.S Congress on the 23rd of December, 1913. The Fed began operations in 1914 and just like all central banks, the Federal Reserve is a United States government agency.
Generally, it comprises of twelve (12) Federal Reserve Bank regionally across the United States of America, which are commonly referred to as Federal Reserve District Bank.
Like all central banks, the Federal Reserve is a government agency that is saddled with the following responsibilities;
I. The Fed controls the issuance of currency in United States of America: it promotes public goals such as economic growth, low inflation, and the smooth operation of financial markets.
II. It regulates banking activities in the United States of America: it has the power to supervise and regulate banks.
III. It provides banking services to all the commercial banks in the country because the Federal Reserve is the "lender of last resort."
When the Federal Reserve System (Fed) decreases the discount rate on the money it lends to commercial banks, it would spur the banks to borrow more from the Fed and as a result, lend more money to the general public. Consequently, the money supply or currency in circulation increases.
When you lease a car, you never have to worry about the number of miles you drive
True or false
Answer:
False
Explanation:
Generally, a lease limits the number of miles allowable to drive in a year, which is between 12,000 and 15,000 miles. Exceeding the lease limit will result in large charges that may be up to several thousands of dollars
Therefore, it is important to be cautious on the amount of driving done when a car is leased and if needed, more miles can be pre-purchased before the lease agreement is signed
In at least 150 words, analyze the relationships of users and participants in marketing research projects. Examine each group that makes up the structure of the marketin
Answer:
Financial markets offer some solace
Explanation:
Financial markets offer some solace: After tumbling the most in more than two months on Wednesday in the wake of the April consumer price data, the S&P 500 Index jumped on Thursday and Friday. Bond yields also retreated after a surge, suggesting no big fear of breakout inflation.#accelerationism
Employment services operated by the government charge a fee for placing people in jobs.
Select one:
a.
True
b.
False
Answer:
b. False
Explanation:
On October 4, 2018, Sheffield Corporation had credit sales transactions of $5400 from merchandise having cost $2800. The entries to record the day's credit transactions include a debit of $5400 to Inventory. credit of $2800 to Cost of Goods Sold. credit of $5400 to Sales Revenue. debit of $2800 to Inventory.
Answer:
Cost of goods sold = $5,400
Sales on credit = $2,800
Date General Journal Debit Credit
Oct. 4 Accounts receivable $5,400
Sales revenue $5,400
(To record sales on credit)
Date General Journal Debit Credit
Oct 4 Cost of goods sold $2,800
Inventory $2,800
(To record cost of goods sold)
All of the following statements are true for both mutual funds and variable annuities that are in the accumulation phase EXCEPT: A both are regulated a under the Investment Company Act of 1940 B the underlying portfolios are managed C both investments grow tax-deferred D the return to investors is dependent on the performance of the securities in the underlying portfolio
Answer: C. both investments grow tax-deferred
Explanation:
A mutual fund consist of the money gotten from investors for the investment in securities such as bonds, stocks, money market instruments, etc.
A variable annuity is refered to as a non-exempt security as the purchaser is the on who bears the investment risk
The following are true for the mutual funds and the variable annuities that are in the accumulation phase:
• Both are regulated a under the Investment Company Act of 1940.
• The underlying portfolios are managed
• The return to investors is dependent on the performance of the securities in the underlying portfolio.
It should be noted that the option that both the mutual fund and the variable annuity grow tax-deferred is incorrect.
your grandmother tells you a dollar doesn't go as far as it use to. she says the "purchasing power" of a dollar is much less than it used to be. explain what she means. try to use and explain terms like inflation and deflation in your answer
Back then. A dollar was worth WAYYYYY more than it is now. back then you could buy a lollipop for a like a penny. However as time went on we went through deflation and prices went down
How many milliliters are in 1 quart?