Transferring money to each account in the general ledger that the transaction will affect is known as posting a transaction.
A general ledger is used to keep track of a company's finances, and a trial balance is used to confirm information about debit and credit accounts. It provides a record of each financial transaction that takes place during the length of an operating firm's existence and includes account data needed to produce the company's financial statements.
The general ledger serves as the foundation for the system that accountants use to organize and preserve the financial data required to create the company's financial statements. Transactions are posted to certain sub-ledger accounts in accordance with the company's chart of accounts.
To learn more about general ledger, please refer:
https://brainly.com/question/17201999
#SPJ4
The trial balance is an internal report used to determine whether total debits _____ total credits.
The trial balance is an internal report used to determine whether total debits Equal total credits.
Tribulation stability is a list of all the general ledger accounts contained within the ledger of a commercial enterprise. This listing will include the call of every nominal ledger account and the fee of that nominal ledger stability. each nominal ledger account will hold either debit stability or credit stability.
An ordeal balance is a list of credit score entries and debit entries that groups use to internally audit their double-access accounting systems. The aim is to affirm that the sum of all debits equals the sum of all credits and pick out whether any entries have been recorded inside the incorrect account. Trial balance is a worksheet in bookkeeping that includes ledger stability compiled in sections of debit and credit. This worksheet is used for creating the balance sheet. The practice of trial stability is to make certain mathematical correctness of the transactions recorded.
To learn more about Trial balance visit here:
brainly.com/question/15059786
#SPJ4
Which of the following statements is TRUE about average cost (AC) and Marginal Cost (MC)?
A. Average cost (AC) is irrelevant to extent decisions
B. Marginal cost determines whether or not you produce
C. Marginal cost (MC) is irrelevant to extent decisions
D. All of the above
The true statement is Average cost (AC) is irrelevant to the extent of decisions.
The average total cost is calculated as the overall production costs divided by the total output of the firm. When making an extent choice, a firm must ideally determine both the extent of activity along with whether or not to engage in it. It is a significant factor, however, it might not be the only one.
Businesses can choose how to compete more successfully in the market by taking a broad range of costs into account in order to decrease significant expenses and boost overall profitability. By contrasting the efficacy of various production strategies and using the average cost as a baseline, it is possible to identify the best quantity of output. Making meaningful decisions, however, necessitates taking a number of other steps.
Read more about Average cost on:
https://brainly.com/question/25799822
#SPJ4
an example of a physical cause and effect relationship is when additional units of production increase total direct material costs (true or false)
True, an example of a physical cause and effect relationship is when additional units of production increase total direct material costs .
What are direct materials?
Components that go into a manufactured good are referred to as direct materials. The direct materials used in the manufacturing of a smartphone, for instance, are the screen, integrated circuits, camera modules, and buttons.
Raw materials and components that are used directly in the production of goods are referred to as direct materials.
What are the direct and indirect costs of materials?
Expenses related to production and sales are referred to as direct costs. Direct costs would include the cost of labor and raw materials used in a product's manufacturing.
No matter how busy the business is, indirect costs are fixed expenses that must be paid to maintain operations.
Learn more about direct material costs
brainly.com/question/15448535
#SPJ4
IM SO LOST HELP ASAP PLS
To compute the overhead controllable variance, we need to compare the actual variable overhead costs to the budgeted variable overhead costs:
What is Costing ?Actual variable overhead costs = $36,000 + $64,000 + $16,875 + $13,000 = $129,875
Budgeted variable overhead costs = $15,000 + $5,400 + $116,400 = $136,800
Overhead controllable variance = Budgeted variable overhead costs - Actual variable overhead costs
= $136,800 - $129,875
= $6,925
Since the budgeted variable overhead costs were higher than the actual variable overhead costs, the overhead controllable variance is favorable.
To compute the overhead volume variance, we need to compare the budgeted fixed overhead costs to the applied fixed overhead costs:
Budgeted fixed overhead costs = $37,500 + $25,000 + $48,500 = $111,000
Applied fixed overhead costs = $37,500 + $25,000 + $52,000 = $114,500
Overhead volume variance = Budgeted fixed overhead costs - Applied fixed overhead costs
= $111,000 - $114,500
= -$3,500
Since the applied fixed overhead costs were higher than the budgeted fixed overhead costs, the overhead volume variance is unfavorable.
Overhead variance report:
Mariana Company
Overhead Variance Report
For the Month Ended May 31, 2023
Actual Activity Level: 22,500 Units
Overhead Controllable Variance
Budgeted variable overhead costs (based on 20,000 units) $136,800
Actual variable overhead costs $129,875
Overhead controllable variance $6,925 F
Overhead Volume Variance
Budgeted fixed overhead costs (based on 20,000 units) $111,000
Applied fixed overhead costs $114,500
Overhead volume variance $3,500 U
Total Overhead Variance
Budgeted overhead costs $247,800
Actual overhead costs $244,375
Total overhead variance $3,425 F
Explanation:
The overhead controllable variance is favorable because the actual variable overhead costs were lower than the budgeted variable overhead costs.
The overhead volume variance is unfavorable because the applied fixed overhead costs were higher than the budgeted fixed overhead costs due to operating at a higher production level than planned. The total overhead variance is favorable, but only slightly, due to the favorable controllable variance partially offsetting the unfavorable volume variance .
Learn more about Standard Costing here
https://brainly.com/question/15178583
#SPJ1
all of the following are processes through which an airline transforms inputs such as employees, time, money, and equipment except
All of the following are processes through which an airline transforms inputs such as employees, time, money, and equipment except: eliminating food service.
Transformed are those that are transformed somehow or another and changing inputs are those that are utilized to complete the changing process.
In the airline industry, we can recognize six classifications of inputs. Right off the bat, work input alludes to the quantity of representatives a corporation has. Secondly, there is fuel input. Thirdly, the capital input incorporates the quantity of airplanes an organization possesses through buy.
In the airline industry the transformation process of the primary help is the actual flight. Consequently, the traveler during the flight is in the transformation process. One more critical input for an airline is information which when it gathered and assessed it is in transformation process.
to know more about airline industry click here:
https://brainly.com/question/20819339
#SPJ4
A retail store in Des Moines, Iowa, receives shipments of a particular product from Kansas City and Minneapolis. Let
x= number of units of the product received from Kansas City
y= number of units of the product received from Minneapolis
a. Write an expression for the total number of units of the product received by the retail store in
Des Moines.
b. Shipments from Kansas city cost $0.20 per unit and shipments from Minneapolis cost $0.25
per unit. Develop an objective function representing the total cost of shipments to Des Moines.
c. Assuming the monthly demand at the retail store is 5000 units, develop a constraint that
requires 5000 units to be shipped to Des Moines.
d. No more than 4000 units can be shipped from Kansas City and no more than 3000 units can
be shipped from Minneapolis in a month. Develop the constraints.
e. State the mathematical model for satisfying the demand at the Des Moines retail store at
minimum cost.
a.) Because the total will be the sum of the two shipment quantities, total = y+x.
b.) The cost will equal the sum of the unit expenses for each shipment, therefore cost = $.20(x)+$.25(y).
c.) 5000 = x+y accepts any arrangement of x and y units.
d.) Total = x+y, where x = 4,000 and y = 3,000 (where <= denotes less than or equal to).
e.) The least cost occurs when the demand equation, ax+by, minimizes both a and b. Because we are unsure of the demand, we are unable to estimate a maximum value for an or b. Use the formula,
equation demand = $.20x, if portion b is to be referred to in the problem.
To learn more about cost of shipment, please refer:
https://brainly.com/question/26209621
#SPJ4
In the context of renting an apartment, some of the objectives may have natural attribute scales. Examples are minimizing rent ($) or minimizing the distance to campus (kilometers or city blocks). But other attributes, such as ambiance, amount of light, or neighbors, have no natural scales. Construct an attribute scale with at least five different levels, ranked from best to worst, for some aspect of an apartment that is important to you but has no natural scale. True/false?
For some attributes that have no natural attribute scales, we can construct an attribute scale based on our preferrences to help us evalute the best apartment option we have is TRUE.
Natural attribute scales refer to the natural scales that come from the nature of an attributes. Natural attribute scales are usually come in a form of:
Lengthareavolumecapacitymasstime temperaturemoney (dollars, etc)However, natural attribute scales might not be able to capture the qualitative attributes of an object. Those attribute can be evaluated under constructed scales.
Constructed scales are used as a practical solution to evaluate complex indicators. Constructed scales might have a vary range, depend on the attribute charactheristic. However, constructed scales are quite ambiguous and subjective. Some example of constructed scales are:
Richter Scale for earthquakesMichelin Rating System for restaurantsLearn more about Constructed Scales here: brainly.com/question/28700422
#SPJ4
Todrick Company is a merchandiser that reported the following information based on 1,000 units sold:
Sales $ 240,000
Beginning merchandise inventory $ 16,000
Purchases $ 160,000
Ending merchandise inventory $ 8,000
Fixed selling expense $ ?
Fixed administrative expense $ 9600
Variable selling expense $ 12,000
Variable administrative expense $ ?
Contribution margin $ 48,000
Net operating income $ 14,400
To calculate the fixed selling expense and variable administrative expense for Todrick Company, you can use the following formula:
Fixed Selling Expense + Variable Administrative Expense = Contribution Margin - (Total Sales - (Beginning Merchandise Inventory + Ending Merchandise Inventory + Purchases))
Using the given figures, we can calculate the fixed selling expense and variable administrative expense as follows:
Fixed Selling Expense = $48,000 - ($240,000 - ($16,000 + $8,000 + $160,000)) = $48,000 - $56,000 = -$8,000Variable Administrative Expense = $48,000 + $8,000 = $56,000Learn more about Todrick Company:
https://brainly.com/question/13322217
#SPJ4
the chart above supports which of the following conclusions regarding economic conditions in the united states during the last third of the nineteenth century?
The graph's findings suggest that many American farmers experienced financial hardship.
Basically, the conclusion asks us to take the following actions: Describe the core topic of the paper and the motivation behind the lengthy initial draught. List all of the important arguments you make to support your thesis statement in the paper's body. In the first sentence of your conclusion paragraph, reiterate your thesis. A repeating thesis conveys the same idea through a variety of terms. Remember that the meaning of your thesis should not change.
The conclusion is usually the last paragraph of an academic essay. The conclusion should briefly summarise the main ideas and restate your response to the question. It doesn't include any unique ideas or knowledge.
To know more about a Conclusion, refer to this link:
https://brainly.com/question/78686
#SPJ4
which of the following is not one of the principal components of strategic significance in the pestel analysis?
Environmental forces that include the competitive structure, the degree of industry fragmentation, and the mobility barriers that inhibit business is not one of the principal components of strategic significance in the pestel analysis. Thus, option (d) is correct.
What is pestle analysis?The term pestle analysis refers to the external factors is the influence of an organization. It was the included that economic, environmental, legal, technological and political.
The strategic significance in the pestel analysis is the environmental factor not principal components. It was not the competitory constitution, the level of industry disintegration, and the mobility barriers that inhibit business.
As a result, the significance of the pestle analysis are the aforementioned. Therefore, option (d) is correct.
Learn more about on pestle analysis, here:
https://brainly.com/question/24078524
#SPJ1
Your question is incomplete, but most probably the full question was.
A. Political factors including the extent to which government intervenes in the economy.B. Economic conditions that include the general economic climate and specific factors such as interest rates, inflation rate, and unemployment rate, as well as conditions in the stock and bond markets that can affect consumer confidence.C. Sociocultural forces including societal values, attitudes, cultural factors, and lifestyles that impact business.D. Technological factors that include the pace of change and technical developments that have the potential for impacting society.E. Environmental forces that include the competitive structure, the degree of industry fragmentation, and the mobility barriers that inhibit business.identify the difference(s) between a b corporation and a benefit corporation. (check all that apply.)
The difference(s) between a B corporation and a benefit corporation are:
B corporations must achieve a minimum performance score to retain their status, but benefit corporations self-report their progress.B corporations are certified entities, but benefit corporations are incorporated.What are the main difference between B corporation and a benefit corporation?B Corporation and Benefit Corporation are both forms of businesses that prioritize social and environmental impact, in addition to profit. However, there are some key differences between the two:
Definition: B Corporations are certified by the non-profit B Lab, and must meet certain standards of social and environmental performance, accountability, and transparency. Benefit Corporations, on the other hand, are a legal structure recognized by some US states, which allows companies to pursue a triple bottom line of social, environmental, and financial impact.Purpose: B Corporations are focused on using business as a force for good and improving their overall impact. Benefit Corporations are focused on balancing the interests of stakeholders, including shareholders, employees, communities, and the environment.Read more about corporation
brainly.com/question/13551671
#SPJ1
Which of the following are tactics used by labor unions to force businesses to accept their demands? (choose all that apply) answer choice-picketing-strikes-boycotts
The concept is a Labor union, a group of two or more employees who come together to pursue common interests. The answer is, boycotting, striking, and picketing.
Unions have various ways of putting pressure on management to accept the terms demanded by union members. Tactics available to the union include strikes, pickets, and boycotts.
A union is a group of two or more workers who join together to pursue common interests such as wages, benefits, working hours, and other working conditions.
Tactics available to the union include strikes, pickets, and boycotts. When the union is on strike, the workers refuse to work until it is solved.
Question:
What tactics do unions use to force companies to accept their demands?
To know more about Labor unions,
brainly.com/question/28016577
#SPJ4
James has found a "favorable" authority directly on point for his tax question.a. If the authority is an administrative authority, which specific type of authority would he prefer to answer his question?multiple choice 1Treasury Department RegulationRevenue ProcedureRevenue RulingPrivate Letter Rulingb. Which administrative authority would he least prefer to answer his question?multiple choice 2Private Letter RulingRevenue ProcedureTreasury Department RegulationRevenue Ruling
James would least prefer to use a Private Letter Ruling, as it only provides guidance for the specific taxpayer who requested the ruling and cannot be relied upon or cited as authority by other taxpayers. Here option A is the correct answer.
James would prefer to answer his tax question using a Revenue Ruling, as it is the most authoritative source for tax guidance and sets precedent for the Internal Revenue Service (IRS) to follow in future cases.
A revenue Ruling is a published administrative authority that provides guidance to taxpayers on how the Internal Revenue Service (IRS) will apply tax laws to specific factual situations.
Treasury Department Regulations are the most formal and authoritative type of administrative authority, as they are issued by the Treasury Department and have the force of law. Revenue Procedures, similar to Revenue Rulings, provide guidance to taxpayers on specific tax issues and are published in the Internal Revenue Bulletin.
Complete question:
James has found a "favorable" authority directly on point for his tax question.a. If the authority is an administrative authority, which specific type of authority would he prefer to answer his question? multiple-choice 1Treasury Department RegulationRevenue ProcedureRevenue RulingPrivate Letter Rulingb. Which administrative authority would he least prefer to answer his question?
A - Private Letter Ruling
B - Revenue Procedure
C - Treasury Department Regulation
D - Revenue Ruling
To learn more about Private Letter Ruling
https://brainly.com/question/29490409
#SPJ4
While a product is typically tangible, the notion of service can be far more:
A.) Inherent
B.) Conceptual
C.) Regrettable
D.) Concrete
While a product is typically tangible, the notion of service can be far more Inherent. Hence, option A is correct.
What is a tangible product?A tangible product is a real-world item that can be felt, such as a structure, car, appliance, or article of clothing.
A thing is touchable and has a physical presence if it can be felt. Some meanings of the term "tangible" may include the fact that the asset can be seen, but this definition might also apply to non-tangible objects (i.e. digital currency balances can be seen on a monitor).
Thus, option A is correct.
For more information about tangible product, click here:
https://brainly.com/question/11131618
#SPJ1
all else held constant, which one of the following bonds is likely to have the highest required rate of return?
E) AA-rated callable corporate bond without a sinking fund is likely to have the highest required rate of return, ceteris paribus.
A callable bond, also known as a redeemable bond, is one that can be redeemed by the issuer before the maturity date. A callable bond allows the issuing business to pay off its obligation ahead of schedule.
If market interest rates fall, a company may choose to call their bond, allowing them to re-borrow at a reduced rate. Callable bonds compensate investors for this risk by often offering a higher interest rate or coupon rate due to their callability.
A callable bond is a debt instrument in which the issuer reserves the right to restore the investor's capital and cease interest payments prior to the maturity date of the bond.
To know more about callable bond:
https://brainly.com/question/14327144
#SPJ4
Correct question:
Which one of the following bonds is likely to have the highest required rate of return, ceteris paribus?
A) AAA-rated non-callable corporate bond with a sinking fund
B) AA-rated callable corporate bond with a sinking fund
C) AAA-rated callable corporate bond with a sinking fund
D) High-quality municipal bond
E) AA-rated callable corporate bond without a sinking fund
Which of the following is/are true about the degree of customization a company offers its customers?A- Greater customization tends too require more specialized (or flexible) equipment.B- Greater customization impacts only the operational side of the business C- Greater customization tends to reduce prices because less inventory must be kept of each item D- Greater customization tends to require greater employee skill.
A. "Greater customization tends to require more specialized (or flexible) equipment" and D. "Greater customization tends to require greater employee skill" are true about the degree of customization a company offers its customers.
Greater customization typically requires more specialized or flexible equipment to accommodate the unique specifications of each customer order. Additionally, employees must have greater skill and knowledge to handle the complex and varied processes involved in providing customized products and services. Greater customization can also increase costs, as it may require additional resources and expertise.
You can learn more about customization at
https://brainly.com/question/3520848
#SPJ4
T/Fwhen a brand team defines the target market of consumers for their product, they do not worry about identifying many smaller subsets of consumers within their broad market.
The Statement is False. when a brand team defines the target market of consumers for their product, they do not worry about identifying many smaller subsets of consumers within their broad market.
A goal marketplace, additionally known as a serviceable available market (SOM), is a set of customers inside an enterprise's serviceable available market at which a business targets its advertising efforts and assets. A goal market is a subset of the full market for products or services.
The goal marketplace usually consists of purchasers who show off similar traits (along with age, vicinity, earnings, or way of life) and are taken into consideration most in all likelihood to buy a commercial enterprise's marketplace services or are in all likelihood to be the most worthwhile segments for the enterprise to the provider by way of OCHOM. as soon as the goal market(s) had been diagnosed, the commercial enterprise will usually tailor the marketing mix (four PlayStation) with the wishes and expectancies of the goal in mind. this can contain sporting out extra purchaser research if you want to gain deep insights into the typical consumer's motivations, buying habits, and media utilization styles.
To learn more about Target market visit here:
brainly.com/question/13895904
#SPJ4
Which of the following statements about the goals and stages of writing effective business messages are true?a) Writers should complete the stages of business message writing in a sequential manner.b) Effective business writing is divided into three stages.c) The stages of business writing often overlap each other.d) The three stages of effective business writing are planning, writing, and reviewing.
The three stages of effective business writing are planning, writing, and reviewing is true. there are three stages to writing: planning, drafting, and editing and proofreading at the end. Before moving on to the drafting stage, you conduct preliminary research and prepare preparations for your topic.
Your company may reach a stage of maturity after several years in existence when it is more stable and profitable. The third stage of a business' life cycle is this one. Planning and strategizing are the first steps in the business process management life cycle. Managers must then assess current business procedures to identify areas that require improvement.
To learn more about business, click here.
https://brainly.com/question/29896340
#SPJ4
When a member is no longer qualified for advancement, the Commanding Officer/Office in Charge can withdraw the advancement recommendation at which of the following points?-When signing an evaluation only
-Before participating in Navy-wide advancement exam only
-At any time
-Prior to worksheet signing only
A Commanding Officer or Office in Charge can withdraw an advancement recommendation at any time if the member is no longer qualified for advancement. Correct option is C.
Advancement in the United States Navy refers to the process of promoting a service member to a higher rank within the organization. Advancement is based on a combination of factors, including performance, experience, and education, and is subject to rigorous standards and eligibility requirements.
The advancement process involves several steps, including evaluations, Navy-wide advancement exams, and recommendation by a Commanding Officer or Office in Charge. If a member is deemed eligible for advancement, the Commanding Officer or Office in Charge submits a recommendation to move the member forward in the process.
However, if a member is no longer qualified for advancement, the Commanding Officer or Office in Charge has the authority to withdraw the advancement recommendation at any time. This could occur, for example, if the member's performance or conduct drops significantly, if they are no longer meeting the eligibility requirements.
To learn more about advancement click on,
https://brainly.com/question/29990118
#SPJ4
Complete question is:
When a member is no longer qualified for advancement, the Commanding Officer/Office in Charge can withdraw the advancement recommendation at which of the following points?
A. When signing an evaluation only
B. Before participating in Navy-wide advancement exam only
C. At any time
D. Prior to worksheet signing only
The United States is heading for the biggest political and constitutional crisis since the Civil War. In the next three or four years, it is likely that large-scale violence, the collapse of the federal authority, and the country will split into Republican and Democratic enclaves." Recently, Robert Kagan, a conservative political scientist, said in a long editorial published in the Washington Post, which triggered many debates
"The United States is heading for the biggest political and constitutional crisis since the Civil War. In the next three or four years, it is likely that large-scale violence, the collapse of the federal authority, is the true statement.
What is constitutional crisis?Political scientists refer to a constitutional crisis as a problem, a challenge, or a disagreement in the way a government operates where it is claimed that the political constitution or another fundamental governing law is seen as or assumed to be unable to address the challenges the nation is facing.
The United States is therefore facing its biggest political and constitutional crisis since the American Civil War, as is widely acknowledged.
Thus, it is the true statement.
For more information about constitutional crisis, click here:
https://brainly.com/question/30249536
#SPJ1
Indicate whether each activity for Hot Diggity Dogs, Inc., would be classified as an operating, investing, or financing activity. Questions Paid a $100 dividend to its shareholders. Repaid a $5,000 loan to the bank (creditor). Paid $500 to its employees.
Indicate whether each activity for Hot Diggity Dogs, Inc., would be classified as Financing Activity, Operating Activity .
What is Operating Activity ?
All of a company's continuing marketing efforts for its goods and services are referred to as operating activities.
Non-operating activities are one-time occurrences outside the company's regular, core operation that may have an impact on sales, costs, or cash flow. Establishing a strategy is among the operational activities.
What does cash flow operational activity mean?
The amount of money a firm earns from ongoing, regular business operations, such as the production and sale of items or the provision of services to clients, is known as cash flow from operating activities (CFO). On a company's cash flow statement, it is shown as the first part.
Learn more about Operating Activity
brainly.com/question/29481283
#SPJ4
The following cost data for the year ended pertain to a greeting card manufacturer:Service dept costs $ 50000Direct labour: wages $242500Direct labour: fringe benefits $ 47500Indirect labour fringe benefits $ 15000Fringe benefits for production supervisor $ 4500Total overtime premiums paid $ 27500Cost of idle time:production employees $ 20000Administrative costs$ 75000Rental of office space for sales personnel $ 7500Sales commissions $ 2500Product promotion costs $ 5000Direct material $ 1050000Advertising expense $ 49500Depreciation on factory building $ 57500Cost of finished goods inventory $ 57500Indirect labour:wages $ 70000Production supervisor`s salary $ 2200* All services are provided to manufacturing departments.** Cost of idle item is an overhead item, it is not included in direct labour wages given above.*** The rental of sales space was made necessary when the sales offices were converted to storage space for raw material.Required:1. Compute each of the following costs for the year just ended:a. Total prime costsb. Total manufacturing costsc. Total overhead costsd. Total product costse. Total period costs
The costs for the year just ended is computed as:
Prime costs is $1,387,500, Manufacturing overhead is $ 149,200, conversion cost is $486,700, Product costs is 1,536,700 and Period cost is $189,500.
What is included in the manufacturing overhead?Manufacturing overhead, also known as work overhead, refers to all expenses associated with running a manufacturing company's production facilities that cannot be clearly linked to a specific product. Depreciation of equipment, wages provided to factory employees, and electricity used to power the equipment are common industrial overhead expenses.
Given:
Service department costs= $ 50,000: Period
Direct labor: wages 242,500: Product - DL
Direct labor: fringe benefits 47,500: Product - DL
Indirect labor: fringe benefits 15,000: Product - MOH
Fringe benefits for production supervisor 4500: Product - MOH
Total overtime premiums paid 27,500: Product - DL
Cost of idle time: production employees 20,000: Product - DL
Administrative costs 75,000: Period
The rental of office space for sales personnel 7,500: Period
Sales commissions 2,500: Period
Product promotion costs 5,000: Period
Direct material used 1,050,000: Product - DM
Advertising expense 49,500: Period
Depreciation on factory building 57,500: Product - MOH
Cost of finished-goods inventory at year-end 57,500
Indirect labor: wages 70,000: Product - MOH
Production supervisor’s salary $ 2,200: Product - MOH
First, classify each cost as product/ period, and Direct Material (DM), Direct Labor (DL) and manufacturing overhead (MOH).
A) Prime costs= direct material + direct labor
Prime costs= 1,050,000 + (242,500 + 47,500 + 27,500 + 20,000)
Prime costs= 1,050,000 + 337500= 1,387,500
B) Manufacturing overhead= 15,000 + 4500 + 57,500 + 70,000 + 2,200 = $ 149,200
C) conversion cost= direct labor + manufacturing overhead
CC= 337,500 + 149,200 = 486,700
D) Product costs= DM + DL + MOH = 1,050,000 +337500 +149,200 =
$ 1,536,700
E) Period cost= 50,000 + 75,000 + 7,500 + 2,500 + 5,000 + 49,500 = $189,500
To learn more about manufacturing overhead, visit:
https://brainly.com/question/17052484
#SPJ4
_____ refers to the process of collecting the outcomes needed to determine whether training is effective.
(a) Training evaluation
(b) Program design
(c) Performance appraisal
(d) Needs assessment
Training evaluation refers to the process of collecting the outcomes needed to determine whether training is effective.
Training evaluation is the methodical process of gathering data and utilising it to enhance your training. The evaluation gives you information to determine whether your training produced the desired results and aids in your decision-making on subsequent trainings.
When does formative evaluation involve gathering information from trainees on a training programme?
Summative evaluation occurs throughout the design and development of the programme, whereas formative evaluation occurs after training is finished.
Learn more about Training evaluation:
brainly.com/question/15080431
#SPJ4
FDI is one way of starting a business in another country. explain the ways enough which it can be done
The ways in which FDI can be done is:
Horizontal FDIVertical FDIConglomerate FDIForeign direct investment(FDI) is an interest in a foreign company or project by an investor, company or government of another country.
In horizontal FDI, the company initiates the same type of economic activity in a foreign country as it does in its own country. An example is a US-based wireless carrier that buys a network of phone shops in China.In vertical foreign direct investment, a company acquires a complementary company in another country . For example, a US manufacturer can buy shares in a foreign company that supplies it with the raw materials it needs.In an FDI conglomerate, a company invests in foreign assets unrelated to its core business. Since the investing company has no prior experience in the foreign company's specialty, this often takes the form of a joint venture.To know more about FDI:
https://brainly.com/question/14582473
0
A cashier distributes change using the maximum number of five-dollar bills, followed by one-dollar bills. Write a single statement that assigns num_ones with the number of distributed one-dollar bills given amount_to_change. Hint: Use %.
Sample output with input: 19
Change for $ 19
3 five dollar bill(s) and 4 one dollar bill(s)
this is how i solved it but am still getting error on some part
amount_to_change = int(input())
num_fives = amount_to_change // 5
''' Your solution goes here '''
num_ones = 19 % 5
print('Change for $', amount_to_change)
print(num_fives, 'five dollar bill(s) and', num_ones, 'one dollar bill(s)')
The cashier is required to change the money into a maximum of five $1 bills and any remaining coins into $5 bills. num ones = amount to change percent 5.
In order to determine the worth of $1 bills given amount to change, we must write a single line of code to assign a value to the variable num ones.
Let's resolve this by using an illustration:
If $19 is the amount to change,
There are a total of three $5 bills that can be distributed. The total that can be exchanged for $5 banknotes is:
As a result, the leftover money, which is $4 ($19 - $15), will be paid in one-dollar bills.
Using the modulus (%) operator, four $1 bills can be located out of these $19 in total.
The remainder, or modulus operator, is left, i.e.
When a number "p" is divided by "q," the remainder is the result of p% q.
19 % 5 = 4
Four one dollar bills are to be distributed.
Therefore, a single line of code representing the quantity of $1 bills can be expressed as:
Number of Ones = Amount of Change % 5
So, the appropriate sentence is:
Number or num of Ones = Amount of Change %5
Learn more about quantity here:
https://brainly.com/question/29970460
#SPJ4
External auditors accessing their client's accounting information system would be serving the accountant's role in an accounting information system of a(n) _____.
External auditors accessing their client's accounting information system would be serving the accountant's role in an accounting information system of an Evaluator.
The external auditors are serving the role of evaluators in the accounting information system by reviewing and evaluating the client's financial records and accounting practices to ensure compliance with accounting standards and regulations. They are independent from the client and provide an objective assessment of the client's financial information. External auditors accessing their client's accounting information system would be serving the role of a user of the accounting information system. Specifically, they would be serving the role of an external auditor, who is tasked with evaluating the accuracy and reliability of the financial information generated by the system.
To learn more about External auditors click here
brainly.com/question/29107759
#SPJ4
Which of the following concepts of cash is not appropriate to use in preparing the statement of cash flows?a. Cash and cash equivalentsb. Cash and money market fundsc. Cash and U.S. treasury bondsd. Cash
The answer is c. Cash and U.S. treasury bonds, it is one concept of cash is not appropriate to use in preparing the statement of cash flows.
What do economic bonds mean?When they need to raise money, governments and businesses issue bonds. By purchasing a bond, you are effectively lending the issuer money. In exchange, they commit to repay you the face amount of the loan on a particular date and to make periodic interest payments—typically twice a year—along the way.
Examples of bonds would be helpful.A bond is a debt that is issued by a borrower to raise money, such as a firm or the federal government. Because it pays its owner a fixed sum on a regular basis for a fixed duration, a bond is referred to as a fixed-income security.
To know more about Bonds visit:
https://brainly.com/question/17405470
#SPJ4
Last year, Julio earned $25,000 working as a freelance grant writer. As part of his business expenses, he purchased a software package for $500. The amount of $500 for the software may be considered a ____ when Julio does his taxes.
Last year, Julio earned $25,000 working as a freelance grant writer. As part of his business expenses, he purchased a software package for $500. The amount of $500 for the software may be considered an income statement when Julio does his taxes.
Describe a business expense.Costs incurred in the regular course of business are referred to as business expenses. They can be used by both big and small businesses. The income statement includes expenses related to the business. A company's taxable net income is calculated by deducting business expenses from revenue on the income statement.
The Internal Revenue Service (IRS) defines business expenses as regular and required expenditures made to run your business. Rent, salary, and inventory are a few examples. Rent and insurance are examples of fixed expenses that are consistent and don't change substantially. Although they are anticipated, variable costs could change.
Learn more about expenses at https://brainly.com/question/14189355
#SPJ4
refers to the perceived benefits, both monetary and nonmonetary, that customers receive from a product compared to the cost associated with obtaining that product. (enter one word in the blank.)
Customer value is the term used to describe the perceived financial and nonfinancial benefits that customers obtain from a product.
Customer value assesses the worth of a good or service and compares it to other alternatives. By doing so, it can be determined whether the customer thought the good or service was worthwhile. Buyer's regret can be clarified using customer value. If consumers think an item's overall cost is more than its benefits, they will regret their purchase. especially if a competitor is offering a better value for a comparable commodity or service than you are. The greatest approach to define customer value is how much a product or service is worth to a customer. Here are several methods through which companies can provide value to improve customer happiness.
To learn more about customer value refer here:
https://brainly.com/question/28238050
#SPJ4
Isabella decides to buy a dress that Olivia has for sale; they agree on a price of $20. Which of the following best describes who gains and who loses from the transaction?
a. If the dress originally costs more than $20, Isabella gains and Olivia loses.
b. If the dress originally costs less than $20, Olivia gains and Isabella loses.
c. Both parties expect to gain from this transaction.
d. If Olivia gains from the transaction, Isabella must lose an equal amount.
b. Both sides anticipate profiting from this deal. When both parties anticipate winning in a trade, it happens. If Olivia believes she can sell the outfit for $20 and Isabella believes it is worth $20, then they have found a win-win situation.
An exchange of commodities, services, or financial instruments between two persons is referred to as a transaction. Transactions can take place between people, companies, or organisations. Contract law, which establishes the terms and conditions of the exchange, usually governs them. The economy and trade depend heavily on transactions because they allow for the exchange of goods and services, which benefits both sides. In a transaction, whether it involves money, commodities, or services, both sides anticipate gaining something. The exchange of money signals the end of a transaction, which is regarded as a binding contract. Cash transactions, barter transactions, and computer transactions are only a few of the numerous possible types of transactions.
Learn more about Transaction here:
https://brainly.com/question/13164233
#SPJ4