If Alan Shaw reduces his work hours when his salary increases, then:_______

Domino Foods, Inc., manufactures a sugar product by a continuous process involving three production departments—Refining, Siftin

Artist 52 [7]

Answer:

Domino Foods, Inc Journal enties

Sept 30

Dr Refining work in processs 400,000

Cr Material 400,000

Sept 30

Dr Refining work in processs 150,000

Cr Labour 150,000

Sept 30

Dr Refining work in processs 100,000

Cr FOH control account 100,000

Sept 30

Dr Stiffing work in processs 575,000

Cr Refining work in processs575,000

Explanation:

Domino Foods, Inc Journal enties

Sept 30

Dr Refining work in processs 400,000

Cr Material 400,000

Sept 30

Dr Refining work in processs 150,000

Cr Labour 150,000

Sept 30

Dr Refining work in processs 100,000

Cr FOH control account 100,000

Sept 30

Dr Stiffing work in processs 575,000

Cr Refining work in processs575,000

(400,000+150,000+100,000-40,000-35,000)

3 0

3 years ago

Read 2 more answers

The estate in bankruptcy does NOT include one of the following:_______

Vlada [557]

Answer:

Property that was sold three years ago by the debtor(A)

Explanation:

Property that was sold three years ago by the debtor : Debtor has no legal claim on the property of the bankrupt.

Community property: This is also knows as marital property. It belongs to both partners in marriage. Community property is part of the bankruptcy estate, even if only one spouse files for bankruptcy.

Property transferred in a transaction voidable by the trustee : these are transactions that trustee can prove to be voidable and recover transferred assets back to the bankrupt provided it can be proven to have been improperly transferred.

Proceeds and profits from the property of the estate : These are income realized from the estate after trustee fee has been paid and other associated expenses.

5 0

4 years ago

The generic types of competitive strategies include:

Vlada [557]

Answer:

The correct answer is D

Explanation:

GCS stands for Generic Competitive Strategy, which is a methodology designed or created in order to provide the companies or firm with the strategic plan so that to gain as well as complete the advantage within the market place.

There are 2 kinds or types of the generic strategies in order to achieve or accomplish the above average performance in the industry, those are focus, leadership, cost and differentiation.

So, the generic kind of competitive strategies comprise of broad differentiation, focused differentiation strategies, focused low-cost, low-cost provider and best-cost provider.

7 0

3 years ago

Identify which of the following statements is true. A. A corporation is a separate taxpaying entity that must file a tax return

Mila [183]

Answer:

All of the above are true.

Explanation:

The following statements about a corporation is true.

1. A corporation is a separate taxpaying entity that must file a tax return annually.

A corporation is a legal entity that is separate and distinct from its owners. they can enter contracts, loan and borrow money, sue and be sued, hire employees, own assets, and pay taxes annually just like individuals.

2. A newly formed corporation must select its basic accounting method.

A newly formed corporation will have to choose its accounting method. Accounting method refers to the rules a company follows in reporting revenues and expenses. The two primary methods are accrual accounting and cash accounting.

3. The terms "regular corporation" and "C corporation" are synonymous.

The C corporation is the standard (or default) corporation under IRS rules. The S corporation is a corporation that has elected a special tax status with the IRS and therefore has some tax advantages, hence cannot be said to be regular but has obtained a special status by election.

7 0

3 years ago

Paula purchased a house for $300,000. After providing a 20% down payment, she borrowed the balance from the local savings and lo

Alona [7]

Answer:

The concept of EMI i.e. Equal monthly installments will be used.

Explanation:

Given that:

Purchase amount of house = $3,00,000

Down payment made = 20% of 3,00,000 = $60,000

Balance amount = $2,40,000

Therefore, to determine the monthly payment the concept of Equal monthly installment will be used.

4 0

3 years ago

If Alan Shaw reduces his work hours when his salary increases, then:________