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asambeis [7]
3 years ago
10

This problem has been solved!

Business
1 answer:
mel-nik [20]3 years ago
4 0

Answer:

Remember that according to the accrual concept, the advances received are not earnings until you have delivered you consideration. This means that the revenue would be only that part of the advances received which we have compensated by our consideration. Consideration means any product or service which has a monetary value. The consideration here requires to be delivered in three months time. Here the year end is 31 December so the amount that must appear as revenue in the year must be 1 month share out of 2 months total ($2700 * 1/2 = $1350).

So the entry would be to decrease in the unearned fees which is liability (must be Debited) and an increase in the Earned Fees (Revenue increases are always Credited) by amount $1350.

Dr          Unearned fee   $1350

Cr                       Earned Fees $1350

So the option d by seeing the entries mentioned above, is correct answer.

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Misleading cost numbers are larger when unit-level assignments and the alternative activity-cost-driver assignments are proporti
frez [133]

Answer:

The correct answer is False.

Explanation:

Misleading cost numbers are considered to be higher when their unit allocations and the alternative activity-cost-driver allocations are proportionally different from each other. This means that it corresponds to the contrary to what is detailed in the statement.

3 0
3 years ago
List at least Two functional digital wallet
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‏,digital wallet, mobile wallet, and e-wallet credit cards, debit cards, gift cards, electronic cash, tickets, and IDs. Not every wallet stores every type of payment information

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3 years ago
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Many writers have stated that for strategic objectives to be effective, they should be: ​ a. broad - to cover many dimensions of
likoan [24]

Answer:

The answer is option C) Many writers have stated that for strategic objectives to be effective, they should be measurable - to track progress

Explanation:

Many writers have emphasized the need to make SMART strategies.

In other words, there’s a need for specific, measurable, achievable, realistic and timely.

Therefore, developing a prioritization of projects to ensure the high priority ones have the proper resourcing to ensure success requires a high involvement and commitment to track progress.

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6 0
3 years ago
Woodman Products, Inc., has found that new products follow a learning curve. The first two units have been completed with the fo
ahrayia [7]

Answer:

(a) 72

(b) 57.6

(c) 46.08

Explanation:

Given that,

Units produced = 1

Marginal Labor Time = 112.50

Units produced = 2

Marginal Labor Time = 90.00

First, we need to calculate the learning rate.

Learning Rate:

= (Marginal labor time for producing 2 units ÷ Marginal labor time for producing 1 units) × 100

= (90 ÷ 112.50) × 100

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At production level of 1 unit:

Marginal Labor time = 112.5

At production level of 2 units:

Marginal Labor time:

= Marginal Labor time at 1 unit × Learning rate

= 112.5 × 80%

= 90

(a) At production level of 4 units:

Marginal Labor time:

= Marginal Labor time at 2 units × Learning rate

= 90 × 80%

= 72

(b) At production level of 8 units:

Marginal Labor time:

= Marginal Labor time at 4 units × Learning rate

= 72 × 80%

= 57.6

(c) At production level of 16 units:

Marginal Labor time:

= Marginal Labor time at 8 units × Learning rate

= 57.6 × 80%

= 46.08

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( missing a word ) When individuals are looking for jobs but are unable to find work, they are said to be______.
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