Answer:
(a)
July 31, 2022
Dr. Depreciation Expense $4,580
Cr. Accumulated Depreciation $4,580
(b)
Dr. Cash $22,430
Dr. Accumulated Depreciation $41,410
Dr. Loss on Sale of asset $14,030
Cr. Cost $77,870
Explanation:
Before sale of the asset, depreciation for the year should be recorded. To incorporate its effect on the sale.The depreciation for the 7 months of 2022 will be added to the accumulated depreciation account.
July 31, 2022
Accumulated Depreciation = $36,830 + $4,580 = $41,410
Net Loss is calculated by deducting the accumulated depreciation and cash received on the sale from the original cost of the asset.
Answer:
Letter d is correct. <em>Responsiveness.</em>
Explanation:
Responsiveness is the dimension of quality of service that is most important to Veronica because she is a customer whose primary service need is speed.
To achieve this dimension of quality of service, the company must implement strategies that help optimize the speed with which its service is delivered to the customer. To assess responsiveness, the company needs to obtain data on how long it provides customer response, and then align your prospect's needs with their response time.
Answer:
Results are below.
Explanation:
The absorption costing method includes all costs related to production, both fixed and variable. <u>The unit product cost is calculated using direct material, direct labor, and total unitary manufacturing overhead. </u>
The v<u>ariable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead).</u>
<u>Unit cost under absorption costing:</u>
Unitary product cost= 137 + 75 + 4 + (846,800/14,600)
Unitary product cost= $274
<u>Unit cost under variable costing:</u>
Unitary variable product cost= 137 + 75 + 4
Unitary variable product cost= $216
Answer:
Debit Utilities Expense 400
Credit Accounts Payable 400
Explanation:
Answer:
forced distribution
Explanation:
Based on the rest of the sentence it can be said that the missing term is forced distribution. This is a system that requires managers to evaluate each individual and rank them typically into one of three categories. These categories are excellent, good, and poor and allow managers to indicate if the employee should be terminated, is doing good, or is in-line for promotion as indicated in the graph below. This term is also known as the vitality curve or bell curve.