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oksano4ka [1.4K]
2 years ago
10

From the bank reconciliation no entry was recorded for a debit memo for a new check fee expense. this would cause:________

Business
1 answer:
SOVA2 [1]2 years ago
4 0

Answer: expenses to be understated

Explanation:

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Which solver report type displays various statistical characteristics about the model?
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<span>The Solver Population Report displays the best value, average, standard deviation, maximum and minimum value for each variable or constraint across the entire range of potential solutions as determined by using the Evolutionary Method (EM). It can indicate if better solutions can be obtained by further running the EM.</span>
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3 years ago
The model of monopolistic competition characterizes the market for plumbing services in a city. suppose that the market is in lo
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For a typical plumbing firm, price: will <span>equals average total cost. 
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8 0
3 years ago
8. Which of the following will cause a movement along the supply curve for oil? a. New technology to drill underwater in the Gul
mash [69]

Answer:

The correct answer is letter "B": A change in the price of oil.

Explanation:

The supply curve for any good or service responds in front of changes in price. According to the supply law, if the price of a good or service increases so will the quantity supplied moving the supply law to the right. If the price of the good decreases so will the quantity supplied moving the supply curve to the left. The price-quantity supplied relationship is directly proportional.

5 0
3 years ago
On January 2, 2019, Kornis Corporation acquired equipment for $1,500,000. The estimated life of the equipment is 5 years or 90,0
tatiyna

Answer:

D) $600,000

Explanation:

The double-declining-balance method of depreciation = Depreciation factor x cost of asset

Depreciation factor = 2 x (1/useful life of the asset)

Depreciation factor = 2 / 5 = 0.4

Deprecation expense = 0.4 x $1,500,000 = $600,000

I hope my answer helps you

4 0
3 years ago
Read 2 more answers
Fleet, Inc. manufactured 700 units of Product A, a new product, in 20Xl. Product Xs variable and fixed manufacturing costs per u
Ulleksa [173]

Answer:

The change in the dollar amount of inventory is $200 due to change in the inventory costing method.

Explanation:

The variable cost per unit is $6.00 while the fixed cost per unit is $2.00

Variable cost per unit = $6.00

Absorption cost pet units = $8.00

Total cost under absorption costing = Absorption cost per unit / number of units in ending inventory

Total absorption cost = $8.00 × 100 = $800

Total cost under variable cost = Variable cost per unit × number of units in ending inventory

Total variable cost = $6.00 × 100 = $600

Change in cost = Total absorption cost - Total variable cost

Change in cost = $800 - $600 = $200

3 0
2 years ago
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