Answer:
Credit to cash for 250
Explanation:
As in the question it is given that the customer is paid for $250 for purchase made in the first week of January.
And, in the bank statement it is shown that it was a NSF check.
Now the adjusting the company cash balance for reconciling the item would include a credit for cash for $250 so that the balance should be equaled
Answer:
$577 Unfavorable
Explanation:
The calculation of spending variance for dye costs is shown below:-
Spending variance for dye cost = (Standard rate - Actual variable) × Actual units
= ($0.67 - $13,910 ÷ 19,900) × 19,900
= (0.67 - 0.69899) × 19,900
= $577 Unfavorable
Therefore for computing the spending variance for dye costs we simply applied the above formula.
Answer:
The citizen, however, does not have to pay because the police officer has a pre existing duty.
Explanation:
"Preexisting duty rule is a common-law rule of contract. It says that the rule that performance of an act by which a party is already contractually bound to perform does not constitute valid consideration for a new promise. In other words, a party's offer of a performance already required under an existing contract is an insufficient consideration for modification of the contract."
Then, the citizen doesn't have to pay because the police officer has an existing contract, and it's considered an insufficient consideration for modification of that contract.
Reference: US Legal, Inc, 2019. “Preexisting Duty Rule Law and Legal Definition.” Preexisting Duty Rule Law and Legal Definition | USLegal, Inc., 2019
Employment patterns become inconsistent due to specialization and trade because the qualifications needed from an applicant can change or become too specific because of the specializations. Trade can change the required knowledge needed from an applicant based on what products are being traded.
Answer:
$5.439
Explanation:
The computation the cost per equivalent unit for conversion costs is shown below:-
Units transferred = Beginning + Started into production - Ending inventory
= $13,800 + $105,000 + $26,600
= $145,400
Ending Inventory = 26,600 × 80%
= $21,280
Conversion equivalent units = Units transferred + Ending Inventory
= $145,400 + $21,280
= $166,680
Beginning work-in-process inventory = $58,115
Additional conversion costs = $833,583
Total cost = Beginning work-in-process inventory + Additional conversion costs
= $58,115 + $833,583
= $891,698
Conversion per equivalent unit = Total cost ÷ Conversion equivalent units
= $891,698 ÷ $166,680
= $5.439
