Answer:
4.27 days
Explanation:
Initial taste quality = 1
Quality of tastiness declines using this function
Q(t) = 0.85^t ( t in days )
<u>Determine when the taste quality will be 1/2 of original value</u>
i.e. when Q(t) = 1/2
1/2 = 0.85^t
= In ( 2 ) = - t ( In 0.85 )
∴ t = - In (2) / In (0.85)
= 4.265 days ≈ 4.27 days
Answer and Explanation:
The Journal entry is shown below:-
September 9
Petty cash fund Dr, $400
To Cash $400
(Being establishment of petty cash fund is recorded)
Here we debited the petty cash fund as assets is increasing while we credited the cash is decreasing.
September 30
Merchandise Inventory Dr, $51
Postage expense Dr, $73
Cash Short and over Dr, $13
Miscellaneous Dr, $141
To Petty Cash $278
(Being reimburse of petty cash find is recorded)
Here we debited the merchandise Inventory, postage expense, cash short and over and miscellaneous as it is expenses while we credited the petty cash as is reimbursed.
October 1
Petty cash fund Dr, $60
($460 - $400)
To Cash $60
(Being increase in petty cash fund is recorded)
Here we debited the petty cash fund as assets is increasing while we credited the cash is decreasing.
Answer:
Confidentiality
Explanation:
The Ethical standard of Confidentiality is one that demands an individual keeps information about a person or company out of public knowledge. It means that any information you have about a client or company that you work for is strictly meant to be between you and the company; no third parties. Information such as health details, company earnings, therapy session details, etc are examples of information meant to be kept confidential. A failure to keep confidentiality can result in legal action being taken against the erring individual.
Cheers
Compared to a purely competitive firm in long-run equilibrium, the monopolistic competitor has a higher price and lower output.
<h3>
When a monopolistic competitive firm is in long-run equilibrium?</h3>
Long Run Monopolistic Competition Equilibrium: Over the long run, a company in a market with the monopolistic competition will produce several items at the point where the long-run marginal cost (LRMC) curve crosses the marginal revenue curve (MR). Where the quantity produced lies on the average revenue (AR) curve will determine the pricing.
<h3>
What ultimately transpires to a monopolistic rival?</h3>
Long-term economic gains or losses in monopolistic competition will be removed by entry or leave, leaving firms with no economic gains. There will be some excess capacity in a monopolistically competitive business; this could be seen as the price paid for the variety of products that this market structure brings about.
Learn more about monopolistic competition: brainly.com/question/28189773
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Answer:
total cost to be accounted = $297000
Explanation:
given data
beginning work in process inventory = $37,000
ending work in process inventory = $43,000
costs added to production = $260,000
cost of units transferred out = $254,000
solution
we get here total cost to be accounted that is express as
total cost to be accounted = ending work in process inventory + cost of units transferred out ......................1
put here value and we will get
total cost to be accounted = $43,000 + $254,000
total cost to be accounted = $297000
