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Karo-lina-s [1.5K]
3 years ago
8

True or False

Business
1 answer:
Nikolay [14]3 years ago
5 0
True Hope This Has Helped
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HELP NEEDED FAST
vladimir2022 [97]

Answer:

social media

Explanation:

social media is cheap and almost every one can access it . email will only reach fewer people

6 0
3 years ago
_____ is a collective term used to refer to various forms of pay linked to an employee's performance as an individual, group mem
lesantik [10]
Incentive pay is a collective term used to refer to various forms of pay linked to an employee's performance as an individual, group member, or organization member. incentive pay base pay merit pay hourly wage benefits
7 0
4 years ago
employees earn vacation pay at a rate of one day per month. During December, 35 employees qualify for one vacation day each. The
Blababa [14]

Answer:

Listed below are a few transactions and events of Maxum Company.

 

1. Employees earn vacation pay at a rate of one day per month. During December, 35 employees qualify for one vacation day each. Their average daily wage is $160 per employee.

2. During December, Maxum Company sold 4,500 units of a product that carries a 60-day warranty. December sales for this product total $125,000. The company expects 7% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $10.

Prepare any necessary adjusting entries at December 31, 2017, for Maxum Company’s year-end financial statements for each of the above separate transactions and events.

Vacation benefits expense

= number of employees × number(s) of day × the average daily wage per employee

Given,

number of employees = 35

number(s) of day = 1

The average daily wage per employee = $160

= 35 employees × 1 day × $160

= $5,600

Warranty expense

= number of units of products sold × percentage of the units for warranty × the average repair cost per unit

Given,

number of units of products sold = 4500 units

percentage of the units for warranty = 7%

The average repair cost per unit = $10

= 4,500 units × 7% × $10

= $3,150

P.S. The attached image duly shows the answer.

4 0
3 years ago
The Work in Process inventory account of a manufacturing firm shows a balance of $3,000 at the end of an accounting period. The
Effectus [21]

Answer:

Overhead rate= 1.2

Explanation:

Giving the following information:

The Work in Process inventory account of a manufacturing firm shows a balance of $3,000 at the end of an accounting period.

Direct material= $500, & $300

Direct labor= $400 & $600

Manufacturing overhead =?

Work in process= direct material + direct labor + manufacturing overhead

3000= 800 + 1000 + MOH

3000-800-1000= MOH

1200= MOH

Overhead rate= moh/direct labor

Overhead rate= 1200/1000= 1.2

3 0
3 years ago
Timothy and his wife are considering the purchase of a new car. In addition to the price, they are also considering the cost of
Ivenika [448]

Answer:

The correct answer is D

Explanation:

Consumer cost is the cost which is described as the price of the product and also encompasses the cost of the purchase, post use cost and the use costs.

The cost or expense of the purchase comprise or involve the cost of information gathering, searching the product regarding or in relation to the product as well as the cost of obtaining or acquiring the information.

Therefore, they are considering the price and also the license fees, insurance, finance charges and maintenance. So, all of the factors states the consumer cost.

3 0
3 years ago
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