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cestrela7 [59]
3 years ago
14

Jan is risk-averse, but wants to earn the best rate of return in less than two years. which investment would most likely meet ja

n's need?
Business
1 answer:
oksian1 [2.3K]3 years ago
5 0
Jan needs bonds-based mutual funds as an investment in which he wants to earn the best rate of return. It mostly consists of individual bonds wherein it is compiled in a portfolio. A bond fund when then produced incomes from underlying bonds measured in incomes. 
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The entry to record the use of direct materials in production would include a A. credit to Finished Goods Inventory. B. debit to
earnstyle [38]

Answer:  

B. debit to WIP inventory

Explanation:

The journal entry to record the usage of direct material in production is

Work in Process Inventory                                  Dr.

     To Raw Material Inventory

(Raw materials consumed recorded)

Raw material inventory is an asset. It's consumption should reduce it's balance. A debit increases an asset's balance while a credit reduces it's balance.

Work in process, like raw material is an inventory account i.e an asset. A debit increases their balance whereas a credit reduces it.

Here, raw materials i.e direct material have been issued for production, which would reduce their balance and increase the balance of work in process as finished goods are yet to be made.

3 0
3 years ago
Jen Rogers withdrew a total of $35,000 from her business during the current year. The entry needed to close the withdrawals acco
Dmitrij [34]

Answer and Explanation:

The journal entry is shown below:

Jen Rogers, Capital $35,000

         To Jen Rogers, Withdrawals $35,000

(Being withdrawals entry is recorded)

Here the Jen Rogers, Capital is debited as it decreased the stockholder equity while the Jen Rogers, Withdrawals is credited as it also decreased the drawings account. Also, the capital contains normal credit balance while drawings contains normal debit balance

6 0
3 years ago
A __________ account is a consumer driven health care program that allows employees to carry-over the unused funds still in thei
zmey [24]

Answer:

Health reimbursement account

Explanation:

The health reimbursement account is a type of health benefit plan which is funded by the government of the US.

In this benefit plan, the government reimburses the medical expenses that have been paid by the employer from his earnings.

Also, in some cases, the government pays the premium of the health insurance.

4 0
3 years ago
An ideal gas is at a temperature of 300 K. To double the average speed of its molecules, what does the temperature need to be ch
ollegr [7]

The temperature of the Ideal Gas needs to be changed to 1200K.

<h3><u>What is an Ideal gas?</u></h3>
  • A theoretical gas known as an ideal gas is made up of several randomly moving point particles with no interparticle interactions.
  • Because it abides by the ideal gas law, a condensed equation of state, and is amenable to statistical mechanics analysis, the ideal gas concept is helpful.
  • If, for instance, the interaction is totally elastic or is thought of as point-like collisions, the constraint of zero interaction can frequently be disregarded.
  • Many real gases behave qualitatively like an ideal gas under various temperature and pressure settings, where the gas molecules (or atoms for monatomic gases) take on the function of the ideal particles.

\frac{V_{1} }{V_{2} } = \sqrt{\frac{T_{1} }{T_{2} } }

\frac{1}{2} = \sqrt{\frac{300}{T_{2} } }

\frac{1}{4} = \frac{300}{T_{2} }

T_{2} = 1200K.

Know more about ideal gas with the help of the given link:

brainly.com/question/8711877

#SPJ4

4 0
1 year ago
Exercise 2-10 Applying Overhead Cost to a Job [LO2-2] Sigma Corporation applies overhead cost to jobs on the basis of direct lab
Shkiper50 [21]

Answer: Yes. The amount of $‭3,243‬ should be applied to Job W as overhead at year-end.

Explanation:

There should be overhead costs applied in Job W at year-end and this cost will be based on a predetermined overhead rate.

The Predetermined overhead rate can be calculated by dividing total estimated overhead cost by total estimated direct labor cost and is used to allocate manufacturing overhead for a period to products and other cost objects.

Predetermined rate using Job V = 6,348/9,200

= 69%

Overhead cost for Job W = Predetermined rate * Labor cost

= 69% * 4,700

= $‭3,243‬

6 0
3 years ago
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