Office of Management and Budget
As a part of the federal budgeting process, an executive agency called the Office of Management and Budget reviews all agency budgets and ensures that they conform to the intent of the policy.
Answer:
$2.73
Explanation:
Contribution margin:
Red = Unit Contribution margin × Sales Mix
= $ 2.90 × 2,100
= $6,090
Black = Unit Contribution margin × Sales Mix
= $ 3.00 × 700
= $2,100
Total contribution margin = Red + Black
= $6,090 + $2,100
= $8,190
Total sales mix = 2,100 + 700
= 3,000
Weighted CM:
= Total Contribution Margin ÷ Sales Mix
= $8,190 ÷ 3,000
= $2.73
Adjusting entry on December 31 with a debit to Interest receivable and credit to Interest Revenue for the interest generated in December.
<h3>
What is an Adjusting entry?</h3>
- Adjusting entries and journal entries used in accounting and accounting to assign income and expenditure to the period in which they actually occurred.
- They are often made at the end of an accounting period. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for adjusting entries related to unearned and accrued revenues.
- Because they are done on balance day, they are occasionally referred to as balance day adjustments.
- Revenues and related costs are recorded in the same accounting period according to the matching concept of accrual accounting.
- The actual money, however, can be received or paid at a separate period.
<h3>What is Interest receivable?</h3>
- The amount of interest that has been earned but has not yet been paid out in cash is known as interest receivable.
- Many organizations won't record this number because they believe it to be irrelevant.
Therefore, it will record an Adjusting entry on December 31 with a debit to Interest receivable and credit to Interest Revenue for the interest generated in December.
Know more about Interest receivables here:
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Answer: $90
Explanation: This problem can be solved by using following equation :-
Let John's hourly wage rate be J, Mary's hourly wage rate be M and Dennis hourly wage rate be D, therefore :-
Mary's rate will be :-
M = 2J............equation 1
AND,
J + D = $60 ..... equation 2
Similarly,
D = 1/3J
Now,putting the value of D in equation 2 we get,
J + 1/3J = $60
J = $45
Putting the values of J in equation equation 1 we get,
M = 2 * $45
= $90
So, Mary's hourly wage rate is $90
Answer:
water is a substance made up of two compound one is hydrogen and second is oxygen
the chemical formula for water is ( H2O )
Explanation:
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