Answer:
b.There is no effect on the accounting equation as one asset account increases while another asset account decreases.
Explanation:
On billing the customer, sales account would have been credited and accounts receivables debited.
On payment by the customer, accounts receivables would be credited and cash account debited.
Hence there will be no increase/decrease in asset as cash and receivables would nil off.
As such, the right option is b.There is no effect on the accounting equation as one asset account increases while another asset account decreases.
Answer:
The answer is "$1,800".
Explanation:
Given value:

Solution:

At this revenue pace (900 units), the net operating income is going to be $1,800.
Answer:
C) universal life insurance
Explanation:
According to my research on different life insurance specifications, I can say that based on the information provided within the question Ann is considering buying a universal life insurance policy or UL. This is a policy in which the excess of premium payments above the current cost of insurance is credited to the cash value of the policy, which is credited each month with interest. Which is what Ann seems to be investigating.
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Answer:
d.an unfavorable change in the efficiency of using fixed assets to generate sales.
Explanation:
Since as we can see in the given situation that there is the reduction in the fixed asset turnover ratio i.e. it is reduced from 3 to 2.2 this means that there is a change i.e. unfavorable or non-favorable with respect to the efficiency of applying the fixed asset in order to producing or generating the sales
Therefore the option d is correct
Answer:
The correct answer is $28.
Explanation:
According to the scenario, the given data are as follows:
Estimated indirect cost = $170,000
Direct labor hours = 6,000 hours
Direct hour rate = $250
So, we can calculate the predetermined overhead allocation rate per direct labor hour by using following formula:
Predetermined Overhead allocation Rate per direct labor hour = Estimated Indirect cost / Total direct labor hour
= $170,000 / 6000 hours
= $28.33 per hour
= $28 per hour.
Hence, the predetermined overhead allocation rate per direct labor hour is $28.