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3 years ago

What is a minimum balance when it comes to account requirement?

Business

2 answers:

drek231 [11]3 years ago

8 0

The minimum amount of money you may have in an account for said account to be, and stay opened.

kondaur [170]3 years ago

3 0

Answer: What is a minimum balance when it comes to account requirement?

minimum dollar amount that can be in an account

minimum dollar amount that can be withdrawn from an account

minimum dollar amount needed for the account to be tax free

minimum dollar amount that can be automatically withdrawn

A is the correct answer.

Explanation:

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Item 5Item 5 Marketing researchers often use ________ by selecting a group of distributors, customers, or prospects, asking them

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Answer: sampling

Explanation: Sampling is a statistical analytical technique where a number of observations are selected from a large population. Analysis is carried out on the sample and use to draw conclusion for the whole population.

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3 years ago

Newhard Company assigns overhead cost to jobs on the basis of 115% of direct labor cost. The job cost sheet for Job 313 includes

Nina [5.8K]

Answer:a.Total manufacturing costs for Job 313 =$52,500

Unit Product Cost for Job 313=$30

Explanation:

Total manufacturing costs=Direct materials+Direct labor costs+Overhead costs

But Overhead cost =115% of direct labor cost

= 115% x $10,600

=$12,190

Total manufacturing costs =$29,710 + $10,600+$12,190

=$52,500

Unit Product Cost=Total Manufacturing costs/ Total Number of Units Produced =$52,500 /1,750 units

=$30

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3 years ago

Any restructuring of operations that _______ the difference between a foreign currency’s inflows and outflows may _______ econom

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Answer:C. reduces; reduce

Explanation:

The extent to which the value of the firm would be effected by unanticipated changes in exchange rates reduces as the difference between a foreign currency’s inflows and outflows reduces also and vice-versa.

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3 years ago

Park, Inc. acquired 100% of Gravel Co.'s net assets. On the acquisition date, Gravel's accounting records reflected $50,000 of c

Akimi4 [234]

Answer:

The $400,000 should be a result of the acquisition of the in-process research and development activities

Explanation:

Intangible Assets: The intangible assets are those assets that cannot be seen or even touched. It is not tangible in nature

The example is goodwill, and intellectual properties like - patents, copyrights, trademarks, etc.

The recording of the intangible assets based on the fair market value i.e $400,000 instead of associated costs.

5 0

4 years ago

2. Prepare a direct materials purchases budget for chemicals for the months of January and February. Do not include a multiplica

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Answer:

Purchases Budget for January 238,590 units

Purchases Budget for February 233,131 units

Dollar Purchases Budget for January $ 477,180

Dollar Purchases Budget for February $ 466,264

Explanation:

Patrick Inc.

Direct Materials Purchases Budget -

January February

Production in units 43,800 41,000

Gallons per unit 5.5 5.5

Gallons for production 240,900 225,500

Desired ending inventory 33,825 41,456

Needed 274,725 266,956

Less: Beginning inventory 36,135 33,825

Purchases 238,590 233,131

Price per gallon $ 2.00 $ 2.00

Dollar purchases $ 477,180 $ 466,264

Direct Materials Purchases budget is calculated by calculating the gallons per unit which is added to desired ending inventory and beginning inventory is deducted. The purchases units are multiplied with price per unit.

4 0

4 years ago