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4 years ago

The main advantage to using a credit card is that they

1 answer:

3 0

Allow you to track how you spend your money and pay the balance in full at the end of the month without being charged interest.

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The cost reconciliation report has two sections: ""Costs to be accounted for"" followed by ""Costs accounted for"". The ""Costs

lord [1]

Answer:

The correct answer is False.

Explanation:

At the end of the accounting period, monthly, annual or of any kind, a series of tasks of control and audit of costs are carried out in order to generate correct and compensated reports of the value of the inventories and send it to the finance department. Apart from the accounting tasks that transfer the value movements of individual products to exclusive accounting accounts, multiple reporting and monitoring functions and a special reconciliation tool are available for the auditors and cost control engineers responsible for this work. critical importance for the company.

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4 years ago

Use the Rule of 70 to answer the questions on economic growth. Round answers to two places after the decimal. If annual real GDP

lyudmila [28]

Answer:

39 years

Explanation:

Under the rule of 70, the economy doubles its real GDP per capita income

In this the computation is done by dividing the 70 by the annual growth rate

So, the formula is shown below:

Time period = Rule of 70 ÷ growth rate

where,

Growth rate is 1.8%

So, the time period at which the GDP doubles is

= 70 ÷ 1.8

= 39 years

By dividing the rule of 70 by the growth rate we can find the number of years at which the GDP doubles

4 0

4 years ago

University Printers has two service departments (Maintenance and Personnel) and two operating departments (Printing and Developi

8_murik_8 [283]

Answer: a. $600 Maintenance costs to Printing

$1,800 Maintenance costs to Developing

b. $2,480 Personnel costs to Printing

$9,920 Personnel costs to Developing

Explanation:

The Direct method as mentioned, allocates the service department costs to the Operating Departments.

Overheads from the Service Departments will not be allocated to the each other. In other words, Maintenance costs will not be allocated to Personnel and Vice Versa.

a. Allocating Maintenance Costs

Maintenance Cost is $2,400 which is to be allocated on the basis is machine hours.

Printing had 1,700 in Machine hours.

Their allocation is,

= 1,700 / ( total machine hours in the two operating Department) * $2,400

= 1,700 / (1,700 + 5,100) * 2,400

= 1,700 / 6,800 * 2,400

= $600 Maintenance costs to Printing

Developing had 5,100 machine hours

= 5,100 / 6,800 * 2,400

= $1,800 Maintenance costs to Developing

b. Allocating Personnel Costs

Maintenance Cost is $12,400 which is to be allocated on the basis is labour hours.

Printing had 700 in labor hours.

Their allocation is,

= 700 / ( total machine hours in the two operating Department) * $12,400

= 700 / ( 700 + 2,800) * 12,400

= 700 / 3,500 * 12,400

= $2,480 Personnel costs to Printing.

Developing had 2,800 machine hours.

= 2,800 / 3,500 * 12,400

= $9,920 Personnel costs to Developing

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4 years ago

Suppose a perfectly competitive market is suddenly transformed into a monopoly (all competing firms are consolidated into a sing

Digiron [165]

just you know what it must be that i think

Explanation:

suppose a perfectly competitive market is sufdenly what think so

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3 years ago

Ed needs to take out a loan for $7,000 to purchase a car. His bank has offered him a loan at 10.0% interest, compounded monthly,

Evgesh-ka [11]

A is the answer i am very good at loans and the answer is A

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4 years ago

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