Answer:
The difference between the wages at the two jobs plus 150.00.
Explanation:
There was a contract of one year and as per Severance pay h and H has to pay this amount.
Answer:
Situational involvement.
Explanation:
Based on the information provided within the question it can be said that the John's interest in this is most likely to be due to Situational involvement. This term refers to a temporary and quick state of arousal towards a person/object/situation. Which in this case the situation with the lawnmower gave John a sense of interest in buying a new lawnmover.
Answer:
Break-even point for the manual process= 281.11 unit
Explanation:
<em>Break-even point is the level of activity at which a firm must operate such that its total revenue will equal its total costs. At this point, the company makes no profit or loss because the total contribution exactly equals the total fixed costs</em>.
Break even point in units is calculated using this formula:
Break even point in units = Total general fixed cost/ (selling price - Variable cost)
Break-even point for the manual process:
Break-even point in units = $26,380/(99- 5.16) = 281.11 units
Break-even point for the manual process= 281.11 units
Answer:
supplies 770* debit
office equipment 1,820 debit
cash 460 credit
accounts payable 2,130 credit
-- to transfer subsidiary purchase book into journal --
Explanation:
we will do a single entry for the whole purchases of the month.
we add the supplies purchases:
*supplies purchases:
Apr 4 460
Apr 16 120
Apr 19 <u> 190 </u>
770
We calcualte the accoutn payable balance:
account payable:
770 supplies purhcase + 1,820 equipment purchase - 460 payment = 2,130
then cash used for 460
and equipment purchase for 1,820
the purchases assets goes into debit side
while the account payable and the cash used on credit
Answer:
B) 1. and 2.
Explanation:
Both variable costing and absorption costing are affected by fixed costs (both manufacturing overhead and administrative overhead) and contribution margin per unit.
Cost absorption costs are also affected by production levels and the denominator level chosen to set the fixed manufacturing cost rate.