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Naily [24]
4 years ago
6

Materials purchased on account during the month amounted to $190,000. materials requisitioned and placed in production totaled $

156,000. the entry to record the transaction for materials requisitioned by the production department is
Business
1 answer:
sleet_krkn [62]4 years ago
4 0
<span>Materials purchased on account during the month amounted to $190,000
</span><span>Materials requisitioned and placed in production totaled $156,000
</span><span>Entry to record the transaction for materials = 
     Work in process = 156,000
     Materials            =  156,000
This is the entry record requisitioned by the Production department.</span>
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Myrtle, a bank manager, is referred to as a tough boss by her subordinates because she uses bullying management styles to get th
stiv31 [10]

Answer:

C) Insensitivity to others

Explanation:

Myrtle is not a bully, she seems to be more like a dictator. Besides Myrtle being rude to her subordinates, which is totally wrong, her behavior will cause negative emotions to them. I bet the cashiers and clerks all dislike her, and feel a mixture of anger, fear, stress and sadness about this situation. The real problem is that all of these negative emotions translate into hostility and bad service towards the customers. Customers do notice when bad things are happening in a business, specially in stressful places like banks. Banks by themselves are very stressful places and if you add employer hostility and bad service, it turns into a perfect storm.

3 0
3 years ago
Wilson’s Market is considering two mutually exclusive projects that will not be repeated. The required rate of return is 13.9 pe
baherus [9]

Answer:

Project A shall be accepted as Project A has positive and higher NPV than Project B.

Explanation:

Since the projects are mutually exclusive we will evaluate the NPV that is Net present value of the projects.

Project A

Present Value of Cash outflow = $54,500

Rate of return = 13.9%

Present value of cash inflows

Year            Cash flow            PV @13.9%              Present Value

1                    $16,400                0.878                         $14,399.2

2                   $28,900               0.771                           $22,281.9

3                   $31,700                 0.677                          $21,460.9

Total cash inflow $58,142

NPV = $58,142 - $54,500 = $3,642

Project B

Present Value of Cash outflow = $69,400

Rate of return = 12.5%

Present value of cash inflows

Year            Cash flow            PV @ 12.5%              Present Value

1                    $0                          0.888                          $0

2                   $48,300                0.790                           $38,157

3                   $42,100                 0.702                          $29,554.2

Total cash inflow $67,711.2

NPV = $67,711.2 - $69,400 = -$1,688.8

Since NPV of Project B is negative and that of project A is positive Project A shall be selected, as there will be loss in case of Project B.

8 0
4 years ago
Making modifications to packaging or brand names involves the ____ component of the marketing mix.
irina1246 [14]
<span>Making modifications to packaging or brand names involves the product component of the marketing mix. In the product model, there are different features companies can do to make sure their product is branded different then competitors. Businesses will use this section of the 4P's to have their products stand out against competition in advertisements and on the shelves. </span>
7 0
3 years ago
True or false - the power to levy federal income taxes rests with the u.s. congress
Eddi Din [679]
I believe this is true :)
3 0
3 years ago
Caleb Co. owns a machine that had cost $44,400 with accumulated depreciation of $19,400. Caleb exchanges the machine for a newer
elena-s [515]

Answer:

Part 1

Debit :New Machine $55,000

Debit : Profit and Loss $39,400

Credit: Accumulated Depreciation: Old Machine $19,400

Credit :Cost: Old Machine $44,400

Credit : Cash $31,000

Part 2

Debit :New Machine $55,000

Debit : Profit and Loss $31,400

Credit: Accumulated Depreciation: Old Machine $19,400

Credit :Cost: Old Machine $44,400

Credit : Cash $23,000

Explanation:

The Standard on Property, Plant and Equipment States that :

"When exchange has commercial substance, Cost Price of item Acquired is measured at Fair Value.

When Fair Values of both assets acquired and given up can be determined reliably, the Fair Value of Asset given up will be used.

Unless the Fair Value of the Asset acquired is more evident, that Value may be used"

From this, we have on Fair Value of Asset Acquired, so we use that as the Cost of the New Asset. Cost of New Asset in Both Cases will be $55,000.

Recognize the New Cost of Asset, Derecognize the Cash Paid, Derecognize Cost of Old Asset and Accumulated Depreciation in a journal to find the Profit or loss resulting from the exchange as above.

7 0
3 years ago
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