Answer:
<u>D. $950; 425</u>
<u>Explanation:</u>
Remember, direct labor refers to the actual time spent on working such as using machinery, performing tasks that leads to the production of products or services. Indirect labor involves time activites that do not involve any production of products or services.
First, direct pay:
- 38 hours of work x $25 = $950
<u>$950</u>
Indirect pay;
- 8 hours from the 46 hours she was paid (8 x $25) = $200
- For 4 days she had 1.5 hours of overtime per day (4 x 1.5 x 37.5) = $225.
Total = <u>$425</u>
Note: by saying if she exceeds her normal 40 hours, she gets paid time and a half implies 1.5 * $25 ($37.5)
Answer and Explanation:
Given that
The Sale is made for $900
Terms 2/10, n/30 that means if the payment is made within 10 days than 2% discount is eligible and the total credit period allowed is 30 days
Now the journal entry to record the receipts of a payment within discount period is
Cash Dr $882
Sales discount $18
To Account receivable $900
(Being the cash received)
Answer:
Option D
Explanation:
In simple words, Cognitive dissonance refers to the practical contact of mental stress that arises whenever an individual holds two or more contradictory beliefs, ideas, values or takes part in a behavior contrary to some of these three.
As per this concept, when two acts or thoughts do not coincide mentally with each other, individuals will do everything they can to alter these until they become compatible.
Thus, from the above we can conclude that the correct option is D .
Answer:
They both receive capital to use for growth.
Explanation:
The government received the capital in the form of tax that being paid by the citizens. After collecting the tax income, the government allocated it to make a couple of investments such as building the country's infrastructure, providing aid for people to pursue education, and investing in scientific research/development.
Business on the other hand could receive their capital from either reallocating their profit or receiving capital injection from the investors. They use the capital for growth by reinvesting it to increase the scope of their business operation or putting it under investment accounts.
