The kind of money used by a group or nation is usually considered currency. Currency can be denominated in paper or coin money, but most currency today exists in bank balances throughout the world in non-physical (exists only on a computer or in a bank ledger) rather than in its physical form.
Answer:
$54,000
Explanation:
Calculation to determine what the amount of Human Resources cost allocated to the Assembly Department is:
Using this formula
Human Resources cost allocated to the Assembly Department=Human Resources budgeted costs* Human resource percentage
Let plug in the formula
Human Resources cost allocated to the Assembly Department=$90,000 x 60%
Human Resources cost allocated to the Assembly Department = $54,000
Therefore Using the step-down method and assuming the Human Resources Department is allocated first, the amount of Human Resources cost allocated to the Assembly Department is:$54,000
No, she can’t do that because the person who ordered the table settings paid for what they were supposed to send so she needs to of sent them if not that’s false advertising.
Answer:
Balance sheet
Inventory - Understatement by $11,600
Owners equity - Understatement by $11,600
Income statement
Cost of goods sold - Overstatement by $11,600
Net income - Understatement by $11,600
Explanation:
The movement in an inventory account which is the difference between the opening and ending balances is a function of the purchases and the sales during the period.
This is captured in the equation below
Opening balance + purchases - cost of goods sold = ending balance
Hence an understatement of the ending balance would result in an overstatement of the cost of goods sold thus an understatement of the net income (and owner's equity).
The understatement in closing inventory balance is
= $378,500 - $366,900
= $11,600.
Answer:
mental budgeting
Explanation:
This is an example of mental budgeting because mental budget reduce the resistance that consumers feel when buying more than one item.
If you have a wide range of products, especially the spectrum of "serious", from need to fun then you can promote purchases in the mix categories.
so answer is mental budgeting
