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zhuklara [117]
4 years ago
8

Transactions for Mehta Company for the month of May are presented below.

Business
1 answer:
arlik [135]4 years ago
6 0

Answer:

                                  MEHTA COMPANY

Date      Account Titles and Explanation         Debit         Credit

1-May     Cash                                                      $4,000

                    Common stock                                                 $4,000

              (To record capital investment)

Date      Account Titles and Explanation         Debit         Credit

3 May     Equipment                                            $1,100

                    Account payable                                               $1,100

               (To record the purchase of equipment on account)

Date      Account Titles and Explanation         Debit         Credit

13 May   Rent expenses                                      $400

                   Cash                                                                    $400

               (To record rent expenses)

Date      Account Titles and Explanation         Debit         Credit

21 May    Account receivable                              $500

                      Service revenue                                               $500

                (To record service revenue)

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Answer:

B.$142,500

Explanation:

Material+Labor+Overhead=3+2+1=$6*15000=$90,000

Batch level costs $5,000*3                            =$15,000

Supervisory salaries                                           $37,500

Total relevant costs                                             $142,500    

8 0
3 years ago
Read 2 more answers
Marginal revenue__________.​
nalin [4]

Answer:

a. ​Is the additional revenue earned by selling one more unit

Explanation:

Marginal revenue is not equal to total cost.

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I hope my answer helps you

5 0
3 years ago
Adoption of which of the following ethical approaches is most likely to cause a company to use tools such as cost-benefit analys
NeTakaya

Answer:

The correct answer is letter "B": Utilitarianism.

Explanation:

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7 0
4 years ago
The tiny isolationist nations of Lorland and Zhangia are considering opening their borders to trade with each other. Both nation
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Answer:

Lorland

Zhangia

sandals

smoothies

Explanation:

A country should specialise goods for which it has a comparative advantage in its production.

A country should import goods for which it has no comparative advantage in its production.

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

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Opportunity cost in the production of one sandal = 1/5 = 0.2

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Loriland should import sandals and export smoothies

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3 years ago
Each language possesses a structure which must at some level influence the way its users view the world.
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The statement above is popularly referred to as Whorfian hypothesis. The hypothesis states that language directly affects the way people think about the world and the way they perceive it, thus it holds the idea that one's language determines one's conception of the world.
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