<span>In the example of the Magnira Corporation, the fruits are turned into jellies, jams, and marmalades an example of raw materials. Raw materials are basic, unprocessed materials that are used to manufacture goods. Raw materials are often referred to as commodities.</span>
1. To define unacceptable behavior.
2. To provide certainty & stability.
3. To protect the public.
4. To provide mechanism for businesses to resolve disputes.
5. Law gives everyone a framework for how to ace and operate.
6. To make better decisions.
7. To sue & be sued.
8. To balance harm done by the offender against the individual and society at large.
9. To collect and generate revenue from the masses.
Just need one more sorry
Answer:
fixed costs = $255,000
variable costs = (15,000 / 17,000) x $216,750 = $191,250
Explanation:
A flexible budget is prepared in order to compare how budgeted revenues and costs actually worked out. In other words, if actual revenues and costs were similar to the budget previously prepared. A flexible budget adjusts actual results and helps management control how efficient the company was in following their budget. That is why a flexible budget is done after the budgeted period is over.
Fixed costs should not change (that is why they are fixed), but variable costs should change if the actual output was different than the budgeted output.
The correct answer is option (b) False.
Differentiation:
Differentiation is a technique for determining a function's derivative. Differentiation is a mathematical procedure for determining the instantaneous rate of change of a function depending on one of its variables.
Explanation:
Given:
A statement is given "If f is continuous on
[a,b], then ddx(∫baf(x)dx)=f(x)".
The objective of the question is to determine whether the statement is true or false and why.
It is known that the value of a definite integral of a function is always a constant. So, ∫baf(x)dx
is a constant.
It is also known that the derivative of a constant is always equal to 1. Therefore, the correct equation is ddx(∫baf(x)dx)=1.
Thus, the given statement is false.
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Answer:
Entries are given
Explanation:
We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.
DEBIT CREDIT
A. Kacy Spade, owner, invested cash in the company
Common stock 14250
Cash 14250
B. The company purchased office supplies
Office supplies 413
Cash 413
C.The company purchased office equipment on credit
Office equipment 7880
Payables 7880
D.The company received $1,681 in cash
Cash 1681
Fees earned 1681
E. The company paid $7,880 cash to settle the payable
Payables 7880
Cash 7880
F. The company billed a customer $3,021 as fees
Receivable 3021
fees earned 3021
G. The company paid $520 cash for the monthly rent.
Rental expense 520
Cash 520
H. The company collected $1,269 cash as partial payment
Cash 1269
Receivables 1269
I. The company paid a $1,000 cash dividend to the owner
Retained earnings 1000
Cash 1000
