It’s the top one cane somebody pls help

Brief Exercise 4-1 Transactions that affect earnings do not necessarily affect cash. Identify the effect, if any, that each of t

snow_tiger [21]

Answer:

Explanation:

a. In this transaction, the cash balance is reduced by ($120) and no impact on the net income as the purchase is made so there is an outflow of cash

b. In this transaction, the cash balance has no impact and the net income balance is reduced by ($30) as it is treated as an expense

c. In this transaction, the cash balance has no impact and the net income balance is increased by $1,400 as the revenue is made

d. In this transaction, the cash balance is increased by $750 and no impact on the net income as there is an inflow of cash

e. In this transaction, the cash balance is reduced by ($2,900) and no impact on the net income as there is an outflow of cash

f. In this transaction, the cash balance has no impact and the net income balance is decreased by ($580) as depreciation is a non-cash expense

7 0

3 years ago

Which of the following factors would be most likely to lead to an increase in interest rates in the economy? a. Households reduc

Xelga [282]

Answer:

C. Most businesses decide to modernize and expand their manufacturing capacity, and to install new equipments to reduce labor cost

Explanation:

Interest rate is the cost attached to borrowed money. It is also the return for the risk of lending.

Businesses borrow to make profit in the future. They also borrow to finance the purchase of equipments. The interest on these loan is what stimulate the economy which encourages people to borrow, lend and spend.

When businesses continue to expand their production capacity and also install new equipment, such will lead to an increase in interest rate in the economy because most industries often times raise credit to finance assets purchase. An increase in demand for money raises interest rate and vice versa.

Other causes of high interest rate in an economy are;

- Inflation, which is the consistent rise in the prices of goods and services as a result of too much money in circulation. The higher the rate of inflation, the higher the interest rate.

-Government, through central bank, issuing directives on the effect of monetary policy on interest rate. This is done through open market operation.

When there is lower interest rate in the economy, amount paid as interest by consumers will be less hence have money to spend. This will also affect business as they will be able to buy equipments and produce more with cheap funds.

5 0

3 years ago

Perdon Corporation manufactures safes-large mobile safes, and large walk-in stationary bank safes. As part of its annual budgeti

mojhsa [17]

Under the traditional costing method (which assigns overhead on the basis of direct labor hours), the amount of manufacturing overhead costs assigned to the following by Perdon Corporation are:

1) One mobile safe $448 per unit

2) One walk-in safe $3,808 per unit

<h3>What is a predetermined overhead rate?</h3>

A predetermined overhead rate is used by the traditional costing method, unlike the Activity-based costing system (ABC), which uses activity drivers and cost pools.

The traditional costing method assigns overhead costs based on a companywide cost driver, for example, direct labor hours.

<h3>Data and Calculations:</h3>

Total overhead = $280,000

Mobile Safes Walk-in Safes Total

Units planned for production 200 50 250

Material moves per product line 300 200 500

Purchase orders per product line 450 350 800

Direct labor hours per product line 800 1,700 2,500

Predetermined overhead rate per direct labor hour = $112 ($280,000/2,500).

Total overhead costs assigned to $89,600 $190,400

($112 x 800) ($112 x 1,700)

Overhead per unit $448 $3,808

($89,600/200) ($190,400/50)

Thus, under the traditional costing method, the amount of manufacturing overhead costs assigned are $448 per unit of Mobile Safe and $3,808 per unit of Mobile Safe.

Learn more about the traditional costing method at brainly.com/question/15366005

7 0

2 years ago

A difference in quantity of materials used on two comparable jobs may be caused by a.employee carelessness b.poor quality materi

Elodia [21]

Answer: d.All of these choices are correct.

Explanation:

All the above can result in different quantities of materials being used for comparable jobs.

Employee Carelessness can cause more material to be used if they fail to adequately measure the Requirements of a job. If they are also careless in the usage of the material, there will be wastage and therefore a larger use of materials.

Poor Quality Materials can also result in different quantities being used because for instance, more material could be required to do something that a stronger material could have easily done.

Inadequately trained Employees is a major reason for Material Wastage. If employees are not trained by seasoned people who know how to reduce wastage, that knowledge could take time to come to them. If they were adequately trained however, they can master the tricks on wastage avoidance and limit discrepancies in the amount of materials used per comparable jobs.

7 0

3 years ago

Which factors will most likely affect revenues and profits

Aliun [14]

The factors that will most likely affect revenues and profit include the number of production units, direct costs, and the production per unit.

<h3>What is revenue?</h3>

It should be noted that revenue simply means the income that a company can make based on the sales of a product.

Revenue in accounting refers to the entire amount of money made through the sale of products and services that are essential to the company's core operations. Sales or turnover are other terms used to describe commercial revenue. Some businesses make money from royalties, interest, or other fees.

In this case, the factors that will most likely affect revenues and profit include the number of production units, direct costs, and the production per unit.

Learn more about revenue in:

brainly.com/question/25623677

#SPJ1

6 0

2 years ago