The journal entry to issue $600 of direct materials and $30 of indirect materials to production involves debit(s) to the B. work-in-process inventory account for $600 and manufacturing overhead account for $30.
Work-in-process inventory refers to a company's goods that are waiting to be finished and completed. While these goods wait to be finished, they are waiting their overall value they are given as well. Manufacturing overhead refers to the items that are used for manufacturing. Everyting that has to take place and be paid for manufacturing to take place.
The Herfindahl index equals sum of the squared percentage market shares of all firms in an industry.
<h3>What is Herfindahl index?</h3>
The Herfindahl Index can be regarded as the common measure of market concentration which is used in measuring the market in term of the competition.
In calculating this Herfindahl Index, we can determine the pre- and post-M&A and equals sum of the squared percentage market shares .
Learn more about Herfindahl index at; brainly.com/question/15701307
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Answer:
Policy loans are permitted on an interest-free basis.
Explanation:
The universal life insurance policy refers to a policy in which there is a component of an investment saving also it involves less premium that the person has to pay a low premium amount for continuing the policy. It could benefit the beneficiary after the death of the insured person
So according to the given situation ,for option B there is no flexibility available as no policy loans could be permitted without an interest
<span>Major reasons for consumer default on loans can include: missed payments, either known or unknown. This has a negative effect on the consumer's credit score and can limit their chances to take out new lines of credit. A continuation of missed payments results in default. High interest loans are also a major reason for default.</span>
Answer:
Assets = Liabilities + Stockholders' Equity = $206,670
Explanation:
Note: See the attached excel file for the analysis of the tabular analysis of the effect of each transaction on the accounting equation.
From the attached excel file, we have:
Assets = = – $172,670 + 68,620 + $310,720 = $206,670
Liabilities = $68,620
Stockholders' Equity = $138,050
Liabilities + Stockholders' Equity = $68,620 + $138,050 = $206,670
Therefore, we have:
Assets = Liabilities + Stockholders' Equity = $206,670
