Answer:
b. debit to Work in Process of $68,000
Explanation:
The journal entry is as follows:
Work in process A/c Dr $68,000
Factory overhead A/c Dr $6,000
To Raw material A/c $74,000
(Being the requisition from the storeroom is recorded)
Since it is already given that raw material i.e $74,000 requisitioned from the storeroom and the indirect material totaled is $6,000 so the remaining balance transferred to the work in process account i.e $68,000
Answer:
PV= $105,206.99
Explanation:
Giving the following information:
Future Value (FV)= $150,000
Number of periods= 6*2= 12 semesters
Interest rate= 0.06/2= 0.03
<u>To calculate the present value (PV), we need to use the following formula:</u>
PV= FV/(1+i)^n
PV= 150,000 / (1.03^12)
PV= $105,206.99
Answer:
3. representative participation.
Explanation:
Participative management refers to the kind of management where the employees take part in the decision making and brainstorming session together to achieve a common goal.
Representative participation is virtually when rare opportunities are given to employee of an organisation to make decision ,carry out core values all in line of pursing the common organisational goal.
Answer:
The Charlotte Hornets selected LaMelo Ball :)
Answer:
the return on common shares is 6.99%
Explanation:
The computation of the return on common shares is shown below:
= Dividend ÷ Stock price + growth rate
= $1.25 ÷ $27.22 + 2.4%
= 6.99%
hence, the return on common shares is 6.99%
We simply applied the above formula so that the correct value could come
And, the same is to be considered
