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Dovator [93]
4 years ago
5

Standard Cost Journal Entries Bellingham Company produced 15,000 units that require 2.5 standard pounds per unit at a $3.75 stan

dard price per pound. The company actually used 36,000 pounds in production. Journalize the entry to record the standard direct materials used in production. For a compound transaction, if an amount box does not require an entry, leave it blank.
Business
1 answer:
Elden [556K]4 years ago
6 0

Answer:

Account Title and Explanation                    Debit             Credit

Work In Progress                                         $140,625

(15,000 Units * 2.5 * $ 3.75)

Direct Materials Quantity Variance            $5,625

($140,625- $ 135,000)

Materials                                                                           $135,000

(36,000 * $ 3.75)  

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Answer:

The correct answer is c. Conciseness

Explanation:

A concise person will very rarely discuss topics in depth to propose healthier solutions for everyone, therefore it is considered that he is not an important or required personality type in this type of discussions. Extroversion and acceptability are usually the most common and appropriate to this, so they develop a higher level of discussion and therefore a solution to the problems that are presented.

8 0
3 years ago
If the price level decreases,
Pachacha [2.7K]

Answer:

B. There is a movement down along a stationary money demand curve

Explanation:

Whenever the price level changes there is movement down or up along a stationary money demand curve, in this case because the price level is decreasing there will be a movement down because the demand curve is downward sloping and when price decreases more quantity is demanded so the movement is downwards.

Option A and C are wrong because change in price levels cannot cause the curve to shift right or left. Whenever the curves shift to the right or left it is because of non price reasons.

3 0
4 years ago
The stock in Up-Towne Movers is selling for $48.20 per share. Investors have a required return of 11.2 percent and expect the di
Keith_Richards [23]

Answer:

The dividend the company just paid is $3.53

Explanation:

The solution to the problem is given as follows.

$48.20 = D1/(.1120 − .0360)

$48.20= D1(0.076)

Making D1 the subject of formula we have.

D1 = $3.66

D0 = $3.66/(1 + .0360)

D0 = $3.53

6 0
3 years ago
Read 2 more answers
Complete the following sentence.
tiny-mole [99]

Answer:

Auditor

Explanation:

If an interviewer has suspicions of fraud, the interviewer may call on a fraud AUDITOR to assess the situation.

This is because a FRAUD AUDITOR is a type of auditor who based on his experience and background, works as a professional in the gathering of verifiable evidence in terms of fraud and eventually serves as an expert witness during the legal proceeding of such cases.

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b. The market value of the equity if the asset is 5200 is
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A negative equity means that the company is in debt.<span />
8 0
3 years ago
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