Answer:
The correct adjusting journal entry for 12/31/09:
D. debit Spice Expense and credit Spice Inventory 240
Explanation:
Roland Richard purchased 200 ounces off of an expensive spice for $400.
Cost per ounce = $400/200 = $2
By December, 12/31/09, there were 80 ounces on hand. Roland Richard used 120 ounces of expensive spice with the amount of expense: $2 x 120 = $240
The adjusting journal entry for 12/31/09:
Debit Spice Expense $240
Credit Spice Inventory $240
Answer:
They will decrease as production decreases
Explanation:
Total Variable cost is sum of all the cost incurred in production of total units of goods produced. It is directly proportional to the number of units of goods produced. It helps to analyze cost structure of goods and then decide on pricing strategy of the goods. Some of the examples of variable cost can be packaging cost, raw material’s cost.
Mathematically it can be defined as
Total variable cost = Total units of goods produced * variable cost for one unit of good produced
Hence from the given option They will decrease as production decreases as the number of units of goods produced will decrease and hence lesser raw material and packaging will be required to produce the goods.
<span>Normally if one tecnician takes 475 seconds to assemble one air rule smartphone.
Then it would take. 20 technicians X secs to do the same
So It would take 20 tecnicians X secs = (20 * 475) / 1 = 9500 secs. I. e it takes 20 technicians 9500 secs to manufacture a smartphone.
But airrules uses 20 technicians to manufacture the same phone in only 30 secs.
So its efficiency would be: Number of secs it takes the 20 techician to manufacture the phone * efficiency = Normal of hours it would usually take 20 techician to manufacture the phone.
So we have 30 * X = 9500
X = 9500/30 = 316.777. So they are 316.667 times as efficient.</span>
Answer:
OPERATING ACTIVITIES
SOURCES: INTEREST RECEIVED IN CASH $18,000, the company receives money
(USES:) PAYMENT OF WAGES TO EMPLOYEES $35,000, the company pays wages
INVESTING ACTIVITIES
SOURCES: NONE
(USES:) PURCHASE OF A PIECE OF EQUIPMENT FOR CASH $120,000 , the company pays for the equipment
FINANCING ACTIVITIES
SOURCES: NONE
(USES:) DISTRIBUTION OF CASH DIVIDEND DECLARED LAST YEAR $25,000, the company pays dividends
During a preliminary inquiry, the three primary questions are always asked. The first one is, "Was an offense committed". Second, "Was the suspect involved in the offense", Last, the third one is, "What is the character and military record of the suspect?".
