Answer:
The correct options are:
A. Debit to Factory Overhead
D. Credit to Factory Utilities Payable
Explanation:
The debit entry of the use of utilities in a factory would be recorded in factory overhead since cost of utilities is a not a direct factory cost.
However, the corresponding credit would be in the factory utilities payable as an obligation awaiting payment to be made to the supplier of the service being enjoyed by the factory in order to run on daily basis
Answer:
quality when quality cannot be easily judged
Explanation:
Based on the information provided in this scenario it seems that the Sheraton brand-name is likely to be used as a signal of quality when quality cannot be easily judged. Meaning that the company included the Sheraton hotel along with the list of other hotels because they do not know the quality of that specific hotel in that specific location, even though "Sheraton" is known worldwide as a luxury hotel business.
Answer:
A
Explanation:
In this case the rate that allows you to bring annual disbursements to a single value is the IRR (internal return), in this case 22.64%
Answer:
$24,396
Explanation:
The total of accounts written off for 11 months can be calculated by subtracting the November 30 balance from the total of beginning balance
Bad debt - Bad debt written off
= Allowance for bad debts + bad debts expense - Allowance for bad debts account as at November 30, 2019
= $13,049 + $21,058 - $9,711
= $24,396
Suze named ten reasons why YFB’rs are broke. Below are three reasons she identified:
1) The company runs out of cash
2) The company is overpromising and undelivering
3) They invested much on products, thus having left with big inventory