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ehidna [41]
2 years ago
5

Before purchasing a chemical, one should ask if the chemical is commonly used. how does one know whether or not a chemical is co

mmonly used?
Business
1 answer:
Ivenika [448]2 years ago
3 0

Glance through the curriculum to discover how generally the chemical is used in the course of the year.

Chemical procurement is the manner of obtaining gadgets and/or ingredients for enterprise functions. This involves no longer simplest the act of hitting the “purchase” button, however, also includes the issues main up to that factor and the gear used to finish the procedure.

A chemical is any substance that has a described composition. In different phrases, a chemical is continually made from identical "stuff." some chemical substances arise in nature, such as water.

The definition of a chemical is a substance created by way of chemistry. An example of a chemical is a pesticide.

Learn more about Chemical here

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Which factor is least important when choosing a financial service provider?
strojnjashka [21]
The answer I believe would be D
5 0
3 years ago
Read 2 more answers
Gulph Company reported the following results for May: sales $200,000, variable costs $120,000 and fixed costs $60,000. What amou
jeka57 [31]

Answer:

Break-even point (dollars)= $275,000

Explanation:

Giving the following information:

sales $200,000

variable costs $120,000

fixed costs $60,000

desired profit= $50,000

<u>To calculate the sales required to achieve the desired profit, we need to use the break-even point in dollars formula:</u>

Break-even point (dollars)= (fixed costs + desired profit) / contribution margin ratio

Break-even point (dollars)= (60,000 + 50,000) / [(200,000 - 120,000)/200,000]

Break-even point (dollars)= 110,000 / 0.4

Break-even point (dollars)= $275,000

6 0
3 years ago
What is the purpose of using predetermined overhead rates: Variation in cost assignment due to short-term variations in volume c
Sunny_sXe [5.5K]

Answer:

All of the answers are correct.

Explanation:

At the beginning of the accounting period a pre-determined overhead is computed by dividing the estimated overhead production by the estimated basis of operations. The default overhead rate is then applied to manufacturing, so that the standard cost for a product may be calculated

The purpose of using pretermined overhead rates are

Delays in product costing can be avoided

Variation in cost assignment due to seasonality can be prevented

Variation in cost assignment due to short-term variations in volume can be prevented

The Use of predetermined overhead rates serves all the above purposes

Hence, all answers are correct.

6 0
3 years ago
Ogilvie Corp. issued 30,000 shares of no-par stock for $40 per share. Ogilvie was authorized to issue 53,000 shares.
Rudik [331]

Answer:

It will increase the assets of the company by 1200000,it will increase the equity of the company by 1200000.

Explanation: A No-par value stock or shares is a share that doesn't have any stated or designated value stated in its certificate.

Assets are value yielding or money making investments or facilities of a business Organisation.

Equity is a term used in accounting and investments to refer to the total value of a company's shares or stock.

THE EFFECTS ON OGILVIE CORP. WILL BE THE WORTH OF THE NO PAR STOCK *NUMBER OF UNITS ISSUED WHICH WILL BE EQUAL TO $40*30,000UNITS OF SHARES

=$1,200000 WORTH OF MONEY TO BE DOCUMENTED IN BOTH THE ASSET AND THE EQUITY OF THE COMPANY.

3 0
3 years ago
Camp Elim obtains a $125,000, 6%, five-year installment note for a new camp bus on January 1, 2021. The note requires monthly in
kirza4 [7]

Answer:

Option (B) is correct.

Explanation:

The Journal entry is as follows:

Interest expense A/c Dr. $625

Note payable A/c       Dr. $1791.60

To cash                                            $$2,416.60

(To record the first month’s payment on January 31, 2021)

Working notes:

Monthly interest expense:

= (Note payable × Interest rate per annum) ÷ 12 months

= ($125,000 × 6%) ÷ 12 months

= $625

Note payable = $2,416.60 - $625

                       = $1,791.60

5 0
3 years ago
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