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4 years ago

What does OPEC stand for? Help pls

Business

1 answer:

konstantin123 [22]4 years ago

8 0

OPEC - Organization of the Petroleum Exporting Countries

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My sister (laugh) at my story <br>

Dvinal [7]

Answer:

Explanation:

5 0

3 years ago

Read 2 more answers

For each of the following, journalize the necessary adjusting entry. (a) A business pays weekly salaries of $15,000 on Friday fo

Helen [10]

Answer:

Part 1:

Account Debit Credit

Salary Expense $9,000

Salary Payable $9,000

Part 2:

Account Debit Credit

Salary Expense $12,000

Salary Payable $12,000

Explanation:

Part 1:

Wednesday (3rd day of the week)

Salary of week =$15,000

Salary of each day=$15,000/5

Salary of each day=$3,000

Salary on Wednesday=$3,000*3

Salary on Wednesday=$9,000

Journal Entry:

Account Debit Credit

Salary Expense $9,000

Salary Payable $9,000

Part 2:

Salary of week =$15,000

Salary of each day=$15,000/5

Salary of each day=$3,000

Salary on Wednesday=$3,000*4

Salary on Wednesday=$12,000

Journal Entry:

Account Debit Credit

Salary Expense $12,000

Salary Payable $12,000

5 0

3 years ago

Martinez Construction Company has entered into a contract beginning January 1, 2020, to build a parking complex. It has been est

Vikki [24]

Answer:

Estimated gross profit 767,840 627,760 297,000

Explanation:

Compi for the estimated gross profit that would be recognized during each year of construction period.

2017 2018 2019

Price $901,000 $901,000 $901,000

Costs to date $255,420 $433,620 $604,000

Estimated costs to 338,580 160,380 0

Estimated Total cost 133,160 273,240 604,000

Estimated gross profit 767,840 627,760 297,000

Therefore the estimated gross profit that would be recognized during each year of construction period will be :

2017 2018 2019

767,840 627,760 297,000

3 0

3 years ago

Given the following data, calculate product cost per unit under variable costing. Direct labor $ 8 per unit Direct materials $ 3

Harman [31]

Solution:

As we need to measure costs due to variable expense, the fixed overhead is not taken into account.

Therefore, expense can be measured as follows per unit:

Cost per unit = Direct labor per unit + Direct material per unit + variable overhead per unit

Cost per unit = $8 + 3 + \frac{30,000}{50,000}$

= 11 +0.6 = $11.6

3 0

3 years ago

Insurance that pays all expenses generated by the insured activity is known as:

maks197457 [2]

Answer:

The answer is D. first-dollar insurance coverage.

Explanation:

First dollar insurance coverage is a kind of insurance policy that has no deductible or copay, where the insurance company starts covering costs on the first dollar claimed, and in which the insurer assumes payment the moment an insurable event happens.

While there is no deductible, the amount that the insurer will pay out is often lower when compared with similar plans which have a deductible, or the premiums for the first dollar plan will be higher.

7 0

3 years ago