Answer:
Account name statement(1) type of account(2)
Accounts payable BS CL
Accounts receivable BS CA
Accruals IS and BS income and SE
Accumulated amortization BS FA
administrative expenses IS E
Buildings BS FA
Cash BS CA
Common shares BS SE
Cost of goods sold IS E
Amortization BS E
Equipment BS F ASSET
General expenses IS E
Intrest expenses IS E
Account name Statement(1) type of account(2)
Inventories BS CA
Land BS FA
long term debts BS CL
Machinery BS FA
marketable securities BS CA
Line of credit BS LTD
operating expense IS E
Preferred shares BS SE
preferred share dividends BS SE
retained earnings BS R
Sales revenue IS R
Selling expense IS E
Taxes IS E
Vehicle BS FA
Structural unemployment. This type of unemployment is the result of changes in industries and reorganization, typically as the result of technology or outsourcing for lower costs.
Answer:
The control Delicious has over the details of the work
Explanation:
The key factor refers to the most prominent reason which proves a fact in the most convincing manner.
In the given case, Delicious coffee company has hired Elton to sell products in an area and have determined his compensation in the form of salary, commission and other benefits.
Also the terms of selling by which Elton must abide by have been mutually agreed upon between the parties.
The key factor which determines that Elton is Delicious's employee is governed by the extent of control Delicious (Employer) exercises over the details of his work i.e how the employer controls his work and tasks.
The key factor would also be reflected in Elton's acts relating to his performance of the job.
Answer:
The Darwin Company
Calculation of Manufacturing Overhead costs:
= $17,200
Explanation:
a) Data and Calculations:
Depreciation on factory equipment $4,700
Indirect labor 5,900
Factory rent 4,200
Factory utilities 1,200
Indirect materials used 1,200
Total Manufacturing overhead costs = $17,200
b) Darwin's manufacturing overhead costs will include only the above listed costs. Sales commissions, direct materials, direct labor, and office salaries expense do not form part of the manufacturing overhead costs. The manufacturing overhead costs are neither direct materials or labor costs or selling and administration costs.
Answer:
<h2>The correct answer here would be less than, minimum or option a. given in the answer options or list.</h2>
Explanation:
- In Microeconomics,in the short run,the firm conventionally shuts down or runs out of business if the price charged by the firm to sell its product or service is at least equal or more than the minimum average variable cost.
- If the price charged by firm to sell its product or service is less than the average variable cost,it essentially implies that the firm is unable to generate enough revenue to cover at least its minimum variable cost or expense or operation or production.
- Therefore, in short run, in this case firm must maintain a price level for its furniture so that to covers at least the minimum variable costs of production in business to prevent shutting down or closing business. Otherwise,if the price is less than minimum average cost then the firm has to shutdown or run out of business.
