Answer:
productivity level per hour= 27 boxes per hour per shift.
Explanation:
Giving the following information:
company productivity per hour:
500 boxes in 20 hours= 25 boxes per hour
The new shift will increase 8 hours a day and 150 boxes. Therefore the new productivity per hour is:
productivity level per hour= 650/24 hours= 27 boxes per hour per shift.
Answer: The purchase of raw materials on account in a process costing system is recorded with a "C. Debit to Raw Materials Inventory and a credit to Accounts Payable.".
Explanation: The purchase of raw materials must reflect an increase in the inventory of raw materials and an increase in the liability generated by the purchase on account.
Answer:
Increase , increase
Explanation:
A decrease in the supply of a product increases in its price. Reduced supply means many buyers competing for the few available products. The prices of goods or services are determined by the intersection of the demand and supply curves. There is an indirect relationship between supply and price of quantity supplied when demand is constant. A reduced supply results in high prices while an increase in supply causes low prices.
As prices increase, suppliers will want to supply more to make profits. Constant demand and a high price will thus lead to an increase in equilibrium quantity.
Answer: See explanation
Explanation:
The revaluation model is when the fixed asset of a business or an organization is carried at its revalued amount.
Based on the question asked, the asset will be valued based on the new fair value with regards to the increase. It should be noted that the remainder recognized will then be recognized in the other comprehensive income.
1. What are the features of a corporation?
A corporation is a lawful entity that is independent from the people who possess it. As such, after the enlistment of a corporation, it is a different develop according to the law.A partnership is a legitimate element that is discrete and particular from its proprietors. Corporations appreciate the greater part of the rights and duties that an individual has: enter contracts, advance and acquire cash, sue and be sued, enlist workers, claim resources and make good on government expenses.
2. The chief distinguishing factor of a corporation is its <u>"limited liability".</u>
The head recognizing element of a corporation is its limited liability. The proprietors have an immediate case on the enterprise's benefits in direct relationship with their responsibility for. In any case, their liabilities are restricted to their interest in the enterprise. Along these lines, if the enterprise goes bankrupt, the proprietors are not in charge of its obligations and different commitments. An organization has the chance to exchange its stocks in the money related markets as regular stock once it has finished an initial public offering (IPO).
3. An investor who purchases stock in a corporation becomes a<u> "shareholder"</u> in that corporation.
An investor who buys stock in an enterprise turns into an shareholder in it, yet does not endure any liabilities or have any assets in danger past his or her unique speculation. A shareholder, normally alluded to as an investor, is any individual, organization, or foundation that possesses no less than one offer of an organization's stock. Since shareholders are an organization's proprietors, they receive the rewards of the organization's triumphs as expanded stock valuation. In the event that the organization does inadequately and the cost of its stock decays, nonetheless, investors can lose cash.
