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2 years ago

6

Each adjusted entry transaction needs to be posted to A. individual journal entries B. individual accrual accounts C. individual

deferred accounts D. individual ledger accounts

1 answer:

ANTONII [103]2 years ago

5 0

Answer: B. Individual ledger accounts

Explanation:

just took the test

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If annual demand is 50,000 units, the ordering cost is $25 per order, and the holding cost is $5 per unit per year, which of the

Mama L [17]

Answer:

B) 708

Explanation:

The computation of the economic order quantity is shown below:

Data given in the question

Annual demand = 50,000 units

Ordering cost per order = $25

Holding cost per unit = $5

$= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

$=\sqrt{\frac{2\times \text{5,000}\times \text{\$25}}{\text{\$4}}}$

= 708 units

We apply the above formula to compute the economic order quantity so that the approximate value could come by considering the all items given in the question

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3 years ago

Galvin Corporation provides institutional food facilities with bread and other baked goods. The company does not actually produc

QveST [7]

Answer:

<u>Network </u>

Explanation:

A network type of organizational structure is characterized by a less hierarchical levels, with greater decentralization and more flexibility.

Such an organization is inter connected by informal social networks based upon the requirements of a task instead of a formal structure.

In this kind of organizational structure, reporting requirements ain't pre defined and it arises as per the need and as per the extent of coordination. It promotes direct communication and eliminates bureaucracy as decision making does not require approval from multiple levels.

In the given case, the company does not actually produce or market the bread indicates the existence of intra-company networks which perform those tasks.

Similarly, the fact that there are very few employees who are majorly top executives or of clerical level, indicates elimination of multiple levels of organizational hierarchy.

Thus, it represents a network organizational structure.

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3 years ago

Preparing journal entries-outputs Hartley Company has a production process that involves three processes. Units move through the

Blababa [14]

Answer:

(It is assume that completed unit have been transferred to next department)

The jounal entries for each transaction is given below.

Cost of units completed in the Cutting Department, $17,000

Debit WIP stamping Dept $ 17,000

Credit WIP cutting Dept $ 17,000

Cost of units completed in the Stamping Department, $30,000

Debit WIP polishing Dept $ 30,000

Credit WIP stamping Dept $ 30,000

Cost of units completed in the Polishing Department, $35,000

Debit Finished good $ 35,000

Credit WIP polishing Dept $ 35,000

Sales on account, $50,000

Debit GOGS $ 40,000

Credit Finished good $ 40,000

Debit Receivable Account $ 50,000

Credit Sales $ 50,000

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3 years ago

Read 2 more answers

New technologies are allowing more women and young people to start businesses. This is mainly because

hoa [83]

Answer:

All of these answers is correct.

Explanation:

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3 years ago

1. Read the information in the chart about two trading partners. Then answer the question that follows. Based on the information

riadik2000 [5.3K]

Answer:

1. Read the information in the chart about two trading partners. Then answer the question that follows. Based on the information in the chart, which of the following is correct? Select all that apply.

A) Country X should specialize in automobiles and Country Y should specialize in airplanes.

D) Country X has both an absolute and a comparative advantage in the production of automobiles.

E) Country Y has a comparative advantage in the production of airplanes.

2. While the balance of payments involves a record of all transactions between individuals, businesses, and the government within a particular country, the balance of trade deals solely with

C) imports and exports

3. Read the passage. Then answer the question that follows.

In 2013, the United States negotiated a new trade deal with Japan in the hope of increasing US rice manufacturers' access to the valuable Japanese consumer market. The Japanese increased the amount of rice that it would import at a low import tax rate to 682,000 metric tons, while any rice imported from the United States over that amount would be subject to a much higher import tax.

This trade policy represents the implementation of a combination of what two types of economic barriers to trade?

D) tariffs and a quota

4. How do economic barriers to trade impact countries that enact them? Select all that apply.

C) by limiting consumer choice

E) by causing prices of domestic goods to rise

5. Why do some people oppose free trade agreements?

B) Free trade agreements usually require countries to reduce trade barriers that protect domestic industries.

6. Use the table of currency exchange rates to answer the question.

A family from Zimbabwe, which uses the US dollar as its official currency, is planning to travel. They want to go to the country where they will receive the MOST local currency for their dollars. Which country should they visit?

Kenya

7. Suppose the value of the Japanese yen appreciates relative to the US dollar. Who would this benefit? Select all that apply.

A) Japanese importers of goods from the United States

E) Japanese tourists visiting the United States

Explanation: Just took the test and these are what they say are the correct answers.

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4 years ago