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mojhsa [17]
2 years ago
8

during the month, the company's office manager used a company-issued credit card to purchase stamps. at the end of the month, th

e entry to record this employee purchase will include a credit to accounts payable. group startstrue or false
Business
1 answer:
madam [21]2 years ago
7 0

Answer: true

Explanation:

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A department using the FIFO method for process costing begins the month with 10,000 units which were 70% complete at the end of
lisov135 [29]

Answer:

$3.74 per equivalent unit

Explanation:

beginning WIP 10,000 units, which were 70% complete = 7,000 equivalent units

units started and completed during the month 50,000

ending WIP 5,000, which were 10% complete = 500 equivalent units

costs incurred = $200,000

under FIFO, total equivalent units:

beginning WIP completed (100% - 70%) x 10,000 = 3,000 units

+ units started and completed 50,000 units

<u>+ ending WIP 5,000 x 10% = 500                          </u>

total units = 53,500 equivalent units

cost per equivalent unit = $200,000 / 53,500 = $3.738 or $3.74 per equivalent unit

8 0
3 years ago
The population of Djibouti is approximately 830,000. To serve the communication needs of this nation, there are two FM radio sta
LenaWriter [7]

Answer:

C) economic infrastructure

<u><em>MISSING OPTIONS:</em></u>

A) gross national product (GNP) B) business cycle C) economic infrastructure D) standard of living E) gross domestic product (GDP)

Explanation:

These is not a description of how the people live (standard of lving) nor which are the main activities of the economy who drive them; neither the definition of governemetn spending or consuming thus, it isn't talking about the GNp or GDP

This is a description of how infrastructure is in the country with a focus in telecommunications as it refers to radio and television stations and spmarthphones available for the country.

6 0
3 years ago
Last month you assumed the position of manager for a large car dealership. The distinguishing feature of this dealership is its
ELEN [110]

Answer

The answer and procedures of the exercise are attached in the following archives.

Step-by-step explanation:

You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.  

8 0
4 years ago
____ pricing can be used in various types of contracts to require the buyer to pay the supplier a predetermined amount per unit
kondaur [170]
Unit pricing can be used in various types of contracts to require the buyer to pay the supplier a predetermined amount per unit of service. 
8 0
3 years ago
Read 2 more answers
Rector Corporation is examining its quality control program. Which of the following statements​ is/are correct? I. Rework costs
Andre45 [30]

Answer:

II. Prevention costs are costs that are incurred to prevent the sale and production of defective units.

8 0
3 years ago
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