BUSINESS COLLEGE

Brainliest for anyone if they get this CORRECT.
Brainliest for anyone if they get this CORRECT. - 1

Answers

Answer 1
Answer:

Answer:

6

Explanation:

Find the percentage for 24% of 25.

That's how I did mine.

Answer 2
Answer:

Answer:

UR FACE

Explanation:

magic

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The standard costs and actual costs for direct materials for the manufacture of 2,300 actual units of product are Standard Costs Direct materials (per completed unit) 1,040 kilograms @$8.65 Actual Costs Direct materials 2,300 kilograms @ $8.05 Round your final answer to the nearest dollar. The amount of direct materials price variance is
Supply has the potential to contribute to: ___________a. Cost management, profitability, return on assets, competitive position and corporate social policy. b. Cost management, profitability, return on assets and competitive position. c. Cost management, profitability and return on assets. d. Cost management and profitability. e. Cost management.
PA5. LO 6.3Medical Tape makes two products: Generic and Label. It estimates it will produce 423,694 units of Generic and 652,200 of Label, and the overhead for each of its cost pools is as follows:It has also estimated the activities for each cost driver as follows:How much is the overhead allocated to each unit of Generic and Label?
LO 4.2Which document lists the total direct labor used in a specific job?job cost sheetpurchase orderemployee time ticketreceiving document

g On January 1 the company had office supplies costing $2,700 recorded as an asset. During the year $9,600 of office supplies were purchased and recorded as an asset, but the company did not make any journal entries to record the use of supplies during the year. The physical count on December 31 revealed that supplies of $3,100 were remaining. What adjusting entry would be necessary on December 31

Answers

Answer:

Debit Supplies expense    $9200

Credit Supplies account     $9200

Explanation:

The adjustment required is for the recognition of supplies used. When supplies are purchased, Debit Supplies account, credit cash or accounts payable. On use of supplies, Debit Supplies expense, credit Supplies account

The movement in the balance of supplies at the start and end of a period is as a result of usage and purchases. While usage reduces the balance in supplies, purchases increases the balance. This may be expressed mathematically as  

Opening balance + purchases - units used = closing balance  

$2,700 + $9,600 - Units used = $3,100

Units used = $2,700 + $9,600 - $3,100

= $9,200

There is a possibility of a safety hazard for a manufactured product. As yet, no claim has been made for damages, though there is a reasonable possibility that a claim will be made. If a claim is made, it is probable that damages will be paid and the amount of the loss can be reasonably estimated. This possible loss must be:

Answers

Answer:

Accrued: No; Disclosed: No

Explanation:

In accrual accounting an expense or revenue is only recorded when incurred and earned respectively.

In this instance there is a possibility of a safety hazard for manufactured product.

Since no claim has been made yet we do not accrued any amount.

The principle of full disclosure requires that a business discloses information that significantly influenced a business's financial statement.

No claims have been made on the safety hazard, although there is reasonable possibility a claim can be made and damages can be estimated.

For the business this is irrelevant to be disclosed as no claim has actually been mad that can affect the business.

Calculate the current account balance if a small country exports $200 million in goods and services and imports $160 million, it receives $80 million in foreign aid and private charity (net), it pays $15 million to foreign citizens working locally, and its own citizens earn $36 million abroad.

Answers

Answer:

$141 million.

Explanation:

Given: Export= $200 million.

           Import= $160 million.

           Foreign aid received= $80 million

           Payment to foreign citizen= $15 million

           Earning from abroad= $36.

Now, computing current account balance.

Total current account= (X-M)+NI+NT

X- export

M-Import

NI-Net income

NT-Net current transfer.

Net income= (\textrm{ earning of own citizen working abroad - Payment to foreign citizen})

⇒ Net Income= \$ 36-\$ 15= \$ 21\ million

∴ Net Income (NI)= $21 million.

Net Transfer (NT)= $80 million.

Current account= (200-160)+21+80= \$ 141\ million.

∴ Current account balance is $141 million.

4Select the correct answer.
What is the term for protection that guarantees payment to you in the event of financial loss?
Ο Α.
claim
B.
insurance
C.
premium
Reset
Next

Answers

it would be B.insurance

To attract customers into a store, Safeway advertises its milk at less than cost, hoping that customers will purchase other groceries as well. This pricing strategy is called a. comparison discounting. b. special-event pricing. c. differential pricing. d. price or loss leader pricing. e. price lining.

Answers

Answer:

D. Price or Loss leader pricing

Explanation:

A loss leader (also leader) is a pricing strategy where a product is sold at a price below its market cost to stimulate other sales of more profitable goods or services. ... The loss leader is offered at a price below its minimum profit margin—not necessarily below cost.

LO 1.3Briefly discuss the chain of command for someone being hired into an organization as a staff managerial accountant.

Answers

Answer:

A staff managerial accountant is part of the mid-level accounting management.

The top position in the chain of command is the Chief Financial Officer, who is in charge of all financial matters within the firm, especially of presenting accurate financial information at the end of the accounting year to management, stockholders, and potential investors.

Directly below him is the controller, an important position in charge of reporting financial statements during the year, and helping gather information for auditors during external audtis.

Below a staff managerial accountant would be lower level accounting who are in charge of bookeeping on a daily basis.
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