Answer:
Please see the attached snapshots for the answers.
Explanation:
a.
Debit: Cash $30,000
Credit: Service Revenue $30,000
To record Service Revenue.
b.
Debit: Supplies $20,000
Credit: Accounts Payable $20,000
To record purchase of supplies on account.
c.
Debit: Salaries Expense $7,000
Credit: Cash $7,000
To record salaries Expense.
Answer:
The rate of return is 21.26%
Explanation:
Before calculating the return in percentage terms, it would be more appropriate to start with computing the return on the mutual fund in dollars ' terms.
Return in dollars terms;
Net Asset Value on 31 December 2019 $19.47
less
Net Asset Value on 1 January 2019 ($17.50)
return on NAV $1.97
Add:
Income distributions $0.75
Capital gains distributions $1.00
Total return on mutual fund $3.72
Rate of return=total return mutual fund/Opening net asset value
rate of return =$3.72/$17.50
=21.26%
Answer:
A. It will take average customer to complete this process in 42minutes
B. B1=6.7 ,B2=8.6, B3=5 B4 =4
Explanation:
The process flow and calculation is attached
Answer:
$13400
Explanation:
<u>Workings</u>
Unit of of production
Direct materials - 3.10
Direct labor - 7.70
Variable manufacturing overhead - 8.2
Supervisor's salary - 3.6
Depreciation - 2.00
Allocated general overhead 7.20
Total cost - 31.8
Cost per year = 31.8*14000
445,200
Cost of buying = 25.50
Allocated general overhead - 7.20
Total cost =32.7
Annual cost 32.7*14000 = 457800
Annual opportunity cost of internal production = 26,000
The overall advantage of buying = 26000 - (457800-445200)
= 13,400
Answer:
Ambiguity because the reason is that "The goal is not clear, and neither is the solution". (Option D)
Explanation:
Ambiguity is the situation in which the management is not clear about the solution and setting goals though their are number of options are available.
The reason is that the goal is not clear here and Gawain is uncertain how to resolve the problem. In such situations the researcher must contact his senior level management and ask for guidelines which addresses what should Gawain prefer to do, make bottles bio-degradable or make chemicals research which makes the water taste better.
