Answer:
b. A debit to Merchandise Inventory of $21,800, a credit to Accounts Payable of $21,800
Explanation:
Parker Company uses the perpetual inventory system. It bought merchandise on account from Beige Inc, invoice no. 342, $20,000; terms 1/15, n/30; dated June 25; FOB San Francisco, freight prepaid and added to the invoice, $1,800 (total $21,800).
The following journal entries records this purchase transaction: A debit to Merchandise Inventory of $21,800, a credit to Accounts Payable of $21,800
<u>The reason is that with a perpetual inventory system, transportation costs are added directly to the inventory balance</u>
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According to the General Adaptation Syndrome (GAS), John is currently in the third stage, which is <u>exhaustion</u>.
<h3>What is the General Adaptation Syndrome</h3>
The General Adaptation Syndrome states that the body goes through three stages of alarm, resistance, and exhaustion when it is exposed to any kind of stress, whether positive or negative.
At the exhaustion stage, if John does not resolve the stressors, perhaps by confronting Jane in a polite manner, it can lead to the development of physical and mental health problems.
Thus, John is currently in the exhaustion stage of the General Adaptation Syndrome.
Learn more about the General Adaptation Syndrome brainly.com/question/1444902
The income statement is one of the most common and important financial statements. The income statement, also known as the income statement (P&L), summarizes all income and expenses over a period of time, including the cumulative impact of income, profits, expenses, and loss transactions.
S stands for Selling Expenses and includes the costs of advertising, selling, and delivering goods and services. Selling expenses include sales materials, travel expenses to customers and prospects, advertising expenses, salesperson salaries and commissions, and so on.
Operating expenses — also known as selling, general, and administrative (SG&A) expenses — are the costs of running a business. These include rent and utilities, marketing costs, computer equipment, and employee benefits.
Learn more about sales and expenses at
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Answer:
all manufacturing costs except direct labor and direct materials
Explanation:
Manufacturing or production/Factory costs are usually classified as direct or indirect.
Direct cost are those costs incurred that are directly linked to production.
This includes direct labour, direct material, etc.
Manufacturing overheads or indirect costs are costs incurred in the production process that may not be linked directly to the production of goods and services.
Answer:
The productivity of the firm = 5
Explanation:
Total number of seats that is assembled in 30 min = 10 seats
Therefore total number of seats assembled in 1 hr = 10 x (60/30) = 20 seats
Total labor hours required for 20 seats = 4 workers x 1hr = 4hrs
The Single-factor productivity = output / labor hours
The Single-factor productivity = 20 seats / 4 hrs
The Single-factor productivity = 5 seats per labor hr