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irakobra [83]
4 years ago
13

Jane reviewed her last monthly statement for her regular savings account. Her beginning balance was $1,808. She deposited $182 a

t the beginning of the month, withdrew $300 to shop for school supplies for her children at the end of the month, and earned $2.52 in interest. Her ending balance was $1,692.52. What new information did she learn from reviewing her statement?
She earned $2.52 in interest.

Her school supply budget was $300.

Her opening balance was $1,808.

She had $182 left after she paid her monthly bills last month.
Business
1 answer:
Natalka [10]4 years ago
6 0
She learned that she had earned $2.52 in interest
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Say you are grocery shopping and you come across an item for which the unit price is not labeled. How can you find the
ki77a [65]
Find a convenient and reasonable unit of measurement to use, then divide the cost of the package by the number of units chosen in that package.
3 0
3 years ago
In a monopolistic competitive industry, a. there are significant barriers to exit. b. there are few sellers. c. there are signif
Nesterboy [21]

Each firm in the monopolistic competitive industry produces a slightly differentiated product.

The monopolistic competition occurs where competitive firms produces or manufactures products or services that are similar and close substitutes to one another.

The characteristics of the monopolistically competitive market includes:

  • presence of many sellers in the market
  • easy entrance and exit of consumers in the market
  • differentiated products in the market.

Therefore, the Option D is correct because each firm in the monopolistic competitive industry produces a slightly differentiated product.

Read more about monopolistic competition:

<em>brainly.com/question/25717627</em>

6 0
3 years ago
Froya Fabrikker A/S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil f
zubka84 [21]

Answer:

a. Raw Material Purchases (Dr.) Nkr200,000

Accounts Payable (Cr.) Nkr200,000

b. Work in process  (Dr.) Nkr185,000

Raw material  (Cr.) Nkr185,000

c. Manufacturing Overhead  (Dr.) Nkr63,000

Selling and admin Overheads  (Dr.) Nkr7,000

Utility expense  (Cr.) Nkr70,000

d. Direct Labor wages  (Dr.) Nkr230,000

Indirect Labor wages  (Dr.) Nkr90,000

Selling and admin Salaries  (Dr.) Nkr110,000

Salaries Expense  (Cr.) Nkr 430,000

e. Maintenance expense  (Dr.) Nkr54,000

Cash  (Cr.) Nkr54,000

f. Advertising expense  (Dr.) Nkr36,000

Cash  (Cr.) Nkr36,000

g. Depreciation Expense  (Dr.) Nkr95,000

Accumulated depreciation  (Cr.) Nkr95,000

h. Rent Expense  (Dr.) Nkr20,000

Cash  (Cr.) Nkr20,000

Explanation:

i. No entry

j. Finished goods  (Dr.) Nkr770,000

Cost of goods manufactured  (Cr.) Nkr770,000

k. Cash  (Dr.) Nkr1,200,000

Sales  (Cr.) Nkr1,200,000

8 0
3 years ago
Chae Corporation uses the weighted-average method in its process costing system. This month, the beginning inventory in the firs
liberstina [14]

Answer:

44

Explanation:

Opening units  710

Started                  8200

                          8910

Transffered         -7650

Closing                  1260

                                        Cost Table        

Cost     opening   current       total      complete    WIP   Equivelant      cost        

Head cost  cost         cost          units       units   prod. units     per unit

Material  8,000    138,000    146,000    7,650       1,134   8,784     16.6211  

C C   7,000    324,000   331,000    7,650    882   8,532    38.7951                                                                                                                   55.4163  

 

 

       

5 0
3 years ago
Sanchez Company engaged in the following transactions during Year 1: Started the business by issuing $42,000 of common stock for
sladkih [1.3K]

Answer:

The gross margin is $24,200

Explanation:

The computation of the gross margin is shown below:

As we know that

Gross margin is

= Sales - cost of goods sold

= $57,000 - $32,800

= $24,200

We simply deduct the cost of goods sold from the sales so that the gross margin could come

hence, the gross margin is $24,200

We simply applied the above formula

5 0
3 years ago
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