Answer:
Debit : <em>Work In Process Account</em> and Credit : <em>Raw Materials Account</em>
Explanation:
The Work In Process Account must be increased with the cost of raw materials being transferred to production from the Raw Materials Account.Whilst the Raw Materials Account must be decreased.
Answer:
Accounting profit is the difference between total revenue and accounting cost in which the accounting cost is containing only the explicit cost incurred. Economic profit is the difference between total revenue and total opportunity cost, the latter containing both the explicit cost and the implicit cost incurred.
Accounting profit = revenue - explicit cost
Accounting profit = 125,000 - (10000 + 20000)
Accounting profit = 95,000
Economic profit = accounting profit - implicit cost
Economic profit = 95,000 - (75000 + 5000)
Economic profit = 15,000
This implies that while accounting profit does not undertake implicit cost of economic activity (cost for which no explicit payment is made separately), economic profit does deduct them. Now economic profit is positive, Jolene should open Little Barks.
<span>The answer is A. Communism is an ideology where the state is
the one who rules. It is a totalitarian
form of government where individuals serve the Communist state and promote its
ideology. It runs counter to American
values because in a democratic society, people have the right to be what they
want to be as well as express their opinions and ideas even if it means
criticizing the government which cannot be done in Communism. Americans also value the right to accumulate
wealth whereas Communism is against any form of capitalism. Everybody gets the same thing no more and no
less. In a Democratic-capitalist
society, you the right pursue your dreams as well as accumulate wealth so long
as it is done with the laws.</span>
Answer:
There are positioning to be brought by a client
Answer:
Hiring someone based on their ability and not their personal appearance is a(n)
Explanation:
choice
