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2 years ago

A janitor cleaning a production facility would be considered: a) direct labor. b) overhead. c) asset.

Business

1 answer:

Andreas93 [3]2 years ago

4 0

A janitor cleaning a production facility would be overhead costs.

<h3>What is overhead costs?</h3>

Overhead cost is a part of cost of production, it includes the amount of money or expenses spent on daily basis in production.

These expenses are continuous and may not be easily attributed to a session of accounting. Example is labour cost.

Therefore, A janitor cleaning a production facility would be overhead costs.

Learn more on labour cost here,

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gavmur [86]

Answer:

cash 4,900,000 debit

common stock 700,000 credit

additional paid-in 4,200,000 credit

in excess of Par-value

treasury stock: 360,000 debit

cash 360,000 credit

dividends 340,000 debit

dividends payable 340,000 credit

Explanation:

cash proceeds: 700,000 x 7 = 4,900,000

common stock: 700,000 x 1 = 700,000

additional paid-in: (difference) 4,200,00

treasury stock: 20,000 x 18 = 360,000

outstanding shares: 700,000 - 20,000 = 680,000

cash dividends: 680,000 x 0.50 = 340,000

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3 years ago

Relatively few consumers like to go to the dentist. Dental insurance plans that pay for regular checkups increase the __________

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3 years ago

Suppose the Federal Reserve wants to increase the money supply by $200. Again, you can assume that banks do not hold excess rese

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Answer:

The fed needs to purchase bonds worth $20 from the banks to increase money supply by $200.

Explanation:

The Federal Reserve wants to increase the money supply by $200.

The reserve requirement is 10%.

The fed can increase the money supply by purchasing bonds from commercial banks.

The money supply will increase by money multiplier times worth of bonds.

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Worth of bonds = $\frac{200}{10}$

Worth of bonds = $20

So the fed needs to purchase bonds worth $20 from the banks to increase money supply by $200.

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4 years ago

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Explanation:

The computations are shown below:

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For land basis received by Red Blossom corporation:

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4 years ago

What might be reasons that small-company stocks earn higher returns than large-company stocks on average?

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Answer:

small company stocks are less safe and liquid and is more exposed to inflation

Explanation:

From the period of 1926 to 2010, the small company stock had the highest average return of securities as compared to the company stocks of large company. Some of the reasons for the highest return on average of a small company stock than the small company stock are :

1. The small company stocks are less safe.

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3 years ago