Answer:
Explanation:
Prepare a post-closing trial balance.Step 9
Prepare an adjusted trial balance.Step 6
Analyze business transactions.Step 1
Prepare a trial balance.Step 4
Journalize the transactions.Step 2
Journalize and post closing entries.Step 8
Prepare financial statements.Step 7
Journalize and post adjusting entries.Step 5
Post to ledger accounts.Step 3
Answer:
The insurance expense for the period is $ 510
Explanation:
The insurance premium paid in advance for 2 years period is $ 4,080 and debited to prepaid insurance
The monthly insurance expense for insurance would be $ 4,080/ 24 months
$ 4,080 / 24 = $ 170 per month
The period of benefit for the insurance is from October to December so it is 3 months.
the insurance expense for the period is $ 170 per month * 3 months = $ 510
Answer:
relevant cost to make are $9.00
Explanation:
Consider the avoidable costs only because they are relevant for this decision.
Direct materials $2
.00
Direct labor $3
.00
Variable manufacturing overhead $4
.00
Total $9.00
Answer:
A state of uncertainty.
Explanation:
The state of uncertainty is a condition of decision making that can be defined as the risk associated with the manager of making an ineffective decision to solve the expected problem. This is due to the complexity of the current business environment, which ensures that there are inherent risks when making a decision, since there are many variables involved in the current competitive market whose manager does not have full knowledge, so uncertainty exists when making a complex decision.
What the manager can do to minimize uncertainty is to adopt an analytical thinking that gathers the available information and his experience so that risks are minimized, such as the use of statistical analysis and analysis of the variables involved in the decision-making process, to judge the least risky option and try to make the right decision.
Answer:
The connection to the World Wide Web required a 48-pin connector.
Explanation:
The World Wide Web appeared only about 13 years later, there was no Internet back then. Networking wasn't even a concept for individual computers at their beginnings. Just having a personal computer was already something BIG!
Communications appear in late 1980's with the Bulletin Board Systems (BBSs), which were more or less like today's Web sites, maintained by individuals from their home using dial-up modems.
