Answer:
c) Credit to Cash for $242
Explanation:
Petty cash, beginning = $300
Delivery expense = $53
Merchandise inventory = $167
Miscellaneous expense = $22
Petty cash, Ending = $58
The journal to record the reimbursement of the accounts will be:
Event Account Title and Explanation Debit Credit
1 Delivery expense $53
Merchandise inventory $167
Miscellaneous expense $22
Cash $242
Important dsiclamer: there was a type in the question you enter 26,000 while in the textbook is for 20,000
Answer:
a. Decrease $1,200,000
Explanation:
Income before internal transfer:
revenue 3150
cost 1050
gross 2100
fixed (2100)
operating 0
external engine purchase (3000)
net (3000)
After internal change:
revenue 1050
cost (960)
gross profit 90
fixed (2100)
operating (2010)
internal engine purchase (1,050)
net (3,060)
difference -3060--3000 = 60
20,000 units x 60 = 1,200,000
Answer:
I used an excel spreadsheet to answer this question.
Answer:
The correct answer is: The second worker.
Explanation:
Productivity is an economic term describing the relationship between outputs as compared to inputs needed to produce those outputs. It is a measure of efficiency. Typically inputs are raw materials, labor, and capital assets. Outputs are generally expressed as either revenue or total units of finished goods.
In the example, a form to measure each worker's productivity is comparing how many plastic labels they can place per hour. Thus:
- Worker 1: <em>1000 per 1/2 hour (30 minutes)
</em>
- Worker 1: <em>2000 per 1 hour </em>
- Worker 2: <em>850 per 1/3 hour (20 minutes)</em>
- Worker 2: <em>2550 per 1 hour
</em>
Then, the second worker is more productive.
Answer:
The interest on investment of $9000 and $1000 is 5.41 % and 4.81% respectively.
Explanation:
Let i be the interest rate on $ 9000 investment, then
9000i + 1000(i -0.006) = $ 535
10,000i = 541
i = 5.41 % on investment of $ 9000.
than on $1000 investment interest = 5.41-0.6 = 4.81 %
