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3 years ago

Low-income countries have cultures that value ________

1 answer:

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Low-income countries have cultures that value economic survival. These type of countries do not have a lot of high paying jobs and the job market is very unstable, so citizens find it imperative to have enough income to survive. These types of countries do not have much in the way of entertainment culture or pop culture, due to people having so little extra money to spend on both.

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The Marshall Company has a process cost system. All materials are added when the process is first begun. At the beginning of Sep

Mademuasel [1]

Answer:

c) 48,000 units

Explanation:

The question is to compute the equivalent units of materials in September for Marshall Company

It is computed as follows:

1) Beginning Equivalent Unit

At the beginning, Units = 0, Percent completed = 0 and Equivalent unit= $0

Equivalent Units Started ad Completed

2) Started Units= 50,000 units

Units still in process at the end of September = 5000 units

Started and Completed = 50,000 - 5,000 = 45,000

Since the Units completed is 45,000, it means 100% completed equivalent unit is 45,000

3) Closing Equivalent Units

In process = 5,000 units and percent completed is 3/5

Equivalent unit is 3/5 x 5000 = 3000 units

Finally, total equivalent units for conversion costs in September

= 0 + 45,000 + 3,000

=48,000 units

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3 years ago

A new machine for harvesting corn will allow rows to be planted only fifteen inches apart, instead of the usual thirty inches. C

Alik [6]

Answer: Option D

Explanation:The optimal spacing for corn seed plant seeds 1.5 to 2 inches deep and 4 to 6 inches apart and rows spacing should be 30 to 36 inches apart. From the above case, the rows spacing is reduced by half which will increase the number of corn plant per acre which would lead to overall more profit from more yield.

Therefore the most appropriate answer to the space given above is option D.

5 0

3 years ago

Promissory estoppel is a(n) _____ doctrine that permits a court to order enforcement of a contract that lacks _____.

ehidna [41]

Promissory estopplel is a contractual agreement based on a promise rather than on a written contract but is still enforceable and legal such as in regarding payment for services rendered so that the contractor is protected financially.

8 0

3 years ago

What is an overdraft? A. Not making deposits frequently enough B. Making purchases at too many different retailers C. Going belo

svp [43]

Answer:

D. Spending more money than you have in your account

Explanation:

An overdraft occurs when money is withdrawn from a bank account and the available balance goes below zero. In this situation the account is said to be "overdrawn".

5 0

3 years ago

Read 2 more answers

Harwell Company manufactures automobile tires. On July 15, 2021, the company sold 1,400 tires to the Nixon Car Company for $55 e

Lunna [17]

Answer:

Dr Accounts receivable $77,000

Cr Sales $77,000

Payment within discount period:

Dr Cash $75,460

Dr Discount allowed $1540

Cr Accounts receivable $77,000

When payment is not made within discount period, the necessary entries would be:

Dr Accounts receivable $77,000

Cr Sales $77,000

Payment within discount period:

Dr Cash $77,000

Cr Accounts receivable $77,000

Explanation:

Upon sales on July 15 ,2021 the total sales value of $77,000 ($55*1400) is credited sales account and debited to account receivables.

Collection of cash on July 23 ,2021 implies that the payment was collected within the discount period,hence the amount received is selling price less 2% discount, and as a result cash collected is $75460 ($77000*98%)

When payment is made on August 15, no discount is given has discount period has lapsed.

3 0

3 years ago