Answer:
Total labor cost= $70,000
Explanation:
<u>The supervisor salary is a fixed labor cost, it is unlikely that would change with production.</u>
<u>First, we need to calculate the unitary variable direct labor hour:</u>
Unitary variable direct labor hour= 30,000 / 3,000
Unitary labor hour= $10
<u>Now, the flexible budget for 5,000 hours:</u>
Fixed cost= 20,000
Variable cost= 10*5,000= 50,000
Total labor cost= $70,000
The 2 statements that are true regarding the multicurrency function in QuickBooks online are
- Once multicurrency has been enabled, you cannot disable this feature
- For most of the commonly used currencies, the rates are updated every 4 hours.
This is further explained below.
What is multicurrency?
Generally, It's a special kind of bank account that lets you transfer, receive, and keep many different currencies at the same time.
A multi-currency account enables you to utilize a single account number for each kind of currency, which eliminates the need to create several bank accounts, each of which would have a unique account number that would need to be kept track of.
In conclusion, The statement are
- Once multicurrency has been enabled, you cannot disable this feature
- For most of the commonly used currencies, the rates are updated every 4 hours.
Read more about multicurrency
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Answer:A. cost per hire.
Explanation:Cost per hire is one of the most important metrics in recruitment. Cost per hire measures how much it costs a company to fill an open job position. It includes all the cost associated with filling a position, such as advertising expenses, recruiting events costs, recruitment software fees, relocation expenses, etc.
Answer:
The correct answer is (b)
Explanation:
The great depression of 1929 started because of the stock market crash which led to the worst economic turn down in history. The industrialised world was greatly affected by the economic depression which led to a decline in both investment and consumption. Overall, both employment and GDP declined in the great depression which forced investment and consumption to fall significantly.
Answer:
Credit to Accounts Receivable for $2,000
Explanation:
Preparation of the Journal entry
Based on the information given we were told that the Merchandise sold have a terms of 2/10, n/30, which is been recorded by debiting Accounts Receivable as well as crediting Sales for the amount of $2,000 which means that If the payment occurs on January 21 the Journal entry would include Debit to Accounts Receivable for $2,000
Dr Cash 1,960
(2,000-40)
Dr Discount on bills receivable 40
(2,000*2%)
Cr Accounts receivable 2,000
