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WITCHER [35]
3 years ago
11

A contract which is legally insufficient is classified as

Business
1 answer:
lara [203]3 years ago
8 0
<span>A contract which is legally insufficient is classified as void</span>
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Juniper company uses a perpetual inventory system and the gross method of accounting for purchased. the company purchase $9,750
dusya [7]
Due to the return of merchandise Juniper Company needs to shift some numbers around to make sure the correct journal entry is in place. To do so, Juniper Company will debit $1,500 from Accounts Payable. Next, they will place a credit to of $1,500 to Merchandise Inventory. 
8 0
3 years ago
Read 2 more answers
Wade Company estimates that it will produce 6,000 units of product IOA during the current month. Budgeted variable manufacturing
Elodia [21]

Explanation:

                             STATIC  BUDGET          ACTUAL VARIANCE

Units                           6000                    6500  

variable costs    

Direct material          30000                      27500 2500 favorable

Direct labor                   66000                      65000 1000 favorable

Manufacturing overhead 102000              110000 8000 Unfavorable

Fixed costs    

Depreciation                    7500                       7500          None

supervision                    3500                        3700 200 Unfavorable

Total expenses            209000               213700 4700 unfavorable

8 0
3 years ago
In Agile projects early risk planning, assessment and response planning is done at a high level, and more detailed and timely ri
kkurt [141]

Answer:

TRUE

Explanation:

Quick program management relates to the factors which determine the success or failures of a task. Risk assessment doesn't need to provide structured risk reports and reviews on agility programs. Risk management is integrated into scrum jobs, tools, and activities.

Agile risk assessment is achieved more by then describing activities. Several Agile methods search throughout the process to define and minimize the risks.

4 0
3 years ago
Pink cheques, an insurance company, recently came under close scrutiny after its top management was involved in a major scam. Th
IgorLugansk [536]

I believe the answer is: high magnitude of consequences.

Event with high magnitude of consequences refers to the type of event which resulted in negative impact for a large number of people (such as loss of many jobs, destruction of health, etc) . Such event usually ignited by immoral actions that conducted for small group of people to obtain certain level of profit or desire.


4 0
3 years ago
Inventory turnover is calculated as _____. a) cost of merchandise sold divided by inventory b) cost of merchandise sold divided
Molodets [167]

Answer:

B) cost of merchandise sold divided by average inventory.

Explanation:

Inventory turnover: It is a liquidity ratio that measures the number of times on average a company sold or replaced its inventory during the period. Computed as the cost of goods sold / by the average inventory on hand during the period. Analysts compute average inventory from the beginning and ending inventory balances. The ideal inventory turnover ratio is about 4 to 6, it is a rate at which restock item is well balanced with the sold inventory.

7 0
3 years ago
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