On January 8th the account was charged $30.00 for an overdraft fee because It was time to pay the monthly account maintenance charge.
<h3>Why bank charges an overdraft fee?</h3>
When a bank's customer don't have enough money to cover a purchase made using a debit card or a cheque, then the bank will charge the overdraft fee. Rather of denying a charge, the bank will pay it and charge a fee.
In the given case, because it was time to pay the monthly account maintenance charge, the account was charged $30.00 for an overdraft fee on January 8th.
Therefore, bank charged overdraft fee as the date of payment comes.
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The number of equivalent units of production for direct materials for the process for October is 326,500 units.
<u>Given Information</u>
- Beginning work in process inventory = 65,000 units
- Percentage completion of beginning inventory = 30%
- Ending work in process inventory = 45,000 units
- Units started and completed during the period = 245,000 units
- Percentage of completion of Ending work in process inventory = 80%
Equivalent Units of Production (FIFO) = [Beginning work in process inventory x Percentage completion of beginning work in process inventory] + Units started and completed during the period + [Ending work in process inventory x Percentage of completion of Ending work in process inventory]
Equivalent Units of Production (FIFO) = [65,000 x 100%-30%} + 245,000 + [45,000 x 80%]
Equivalent Units of Production (FIFO) = 45,500 + 245,000 + 36,000
Equivalent Units of Production (FIFO) = 326,500 units.
Therefore, the number of equivalent units of production for direct materials for the first process is 326,500 units.
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Answer:
True
Explanation:
Classical conditioning is mode or form of learning in which a conditioned stimulus becomes related to an unrelated and unconditioned stimulus to produce a type of behavioral response called conditioned response.
A buzzer sound and feeding are not in any way related but the training of dogs by Pavlov to make sure that every time the buzzer goes of, they knnow its time to feed shows the association of a conditioned stimulus (feeding) with an unconnected and unconditioned stimulus (buzzer sound).
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Answer: Single-use plan
Explanation:
According to the given scenario, the Dale is one of the design engineer in the manufacturing firm and the main role of the dale is preparing the particular plan by explaining the detailed estimation of the resources.
The single use plan is one of the type of method that is used in an organization that helps in achieving the specific objective of the firm and it is used in the one situation.
The advantage of using the single-use plan it makes the program less complex and also able to solve the various types of large type of projects.
Therefore, Single-use plan is the correct answer.
Answer:
a) commonly agreed-upon professional accounting standards in the United States
Explanation:
According to the Generally Accepted Accounting Principles (GAAP) it consist of accounting principles, rules, procedures that are followed companies to companies so that there financial statements considered to be valid.
Here, in the given question the option A is correct as it is agreed for the professional accounting standard that shows the Generally Accepted Accounting Principles (GAAP)
Hence, the correct option is A.