Answer:
Debit Cash for $1,050; Debit Cash over and short for $9; and Credit Sales for $1,059.
Explanation:
The journal entries will look as follows:
<u>Date Account Title Debit ($) Credit ($) </u>
Sept 1 Cash 1,050
Cash over and short (w.1) 9
Sales 1,059
<em><u> To record cash over and short for the day. </u></em>
Working:
w.1: Cash over and short = Cash recorded - Actual cash collected = $1,059 - $1,050 = $9
Answer:
GDP to increase
Explanation:
Gross domestic product (GDP) refers to the total value of goods and services produced within the boundaries of a nation. Its component are consumption, investment, government expenditure and net exports.
GDP = Y = Consumption + Investment + Government expenditure + Net exports
Net exports refers to the difference of total value of exports and total value of imports.
Net exports = Exports - Imports
Therefore, if there is an increase in the net exports then as a result the GDP of a nation increases.
Answer: A. Amanda will not win her lawsuit for wrongful discharge.
Explanation:
Based on the information that was provided, Amanda will not win her lawsuit for wrongful discharge.
The employer-at-will simply means that an employer can dismiss his or her worker as long as it's not illegal. In this case, Amanda will not win because she's hired "at will," and in such cases, the courts will deny her any loss claim that results from her dismissal.
Answer:
v(t) = (2t + 1)i + 3t²j + 4t³k
r(t) = (t² + t)i + (t³ + 7)j + (t⁴ - 4)k
Explanation:
a(t) = 2i + 6tj + 12t²k
v(t) = ∫a(t)dt
= ∫(2i + 6tj + 12t²k)dt
= 2ti + (6t²/2)j + (12t³/3)k + c
= 2ti + 3t²j + 4t³k + c
v(0) = i
i = 0i + 0j + 0k + c
c = i
∴ v(t) = 2ti + 3t²j + 4t³k + i
v(t) = (2t + 1)i + 3t²j + 4t³k
r(t) = ∫ v(t)dt
= i ∫ (2t + 1)dt + 3j ∫ t²dt + 4k ∫ t³dt
= i (2t²/2 + t) + 3j(t³/3) + 4k(t⁴/4) + d
= i (t² + t) + jt³ + t⁴k + d
r(0) = 7j - 4k
0i + 0j + 0k + d = 7j - 4k
d = 7j - 4k
∴ r(t) = (t² + t)i + t³j + t⁴k + 7j - 4k
r(t) = (t² + t)i + (t³ + 7)j + (t⁴ - 4)k
Answer:
Direct labor efficiency variance= $9,360 unfavorable
It is unfavorable because it took longer to produce 975 units than the standard time estimated.
Explanation:
Giving the following information:
Standard direct labor hour per unit= 7.2 hours
Standard rate= $13
Actual units= 975
Actual hours= 7,800
Actual rate= $12.44
<u>The direct labor time variance is also known as the direct labor efficiency variance. It calculates the effect on costs of the time required to produce the actual amount of units.</u>
We need to use the following formula:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Standard quantity= 975 units*7.20= 7,020 hours
Direct labor efficiency variance= (7,020 - 7,800)*12= $9,360 unfavorable
It is unfavorable because it took longer to produce 975 units than the standard time estimated.
