Answer:
You can find the drawing in the attached file
Explanation:
You have fixed cost of $100 whter the machine is used or not and a variable cost of $50 for each hour used. So if you do not use de machine the cost will be $100, if the machine is used 1 hour the cost will be $150 and will increase $50 per aditional hour, until it reaches $500 ($100 + 8*50)
The drawing must have two variables, one is cost and the other is hours.
Cost start from $100 when the machine is not used and grows $50 per hour
The dollar-weighted annual yield for this nine-month period is -2.7%.
<u>Solution:</u>
The investment of deposit on April 1 (Feb, March = 2 months)
The investment of deposit on May 1 (Feb, March, April = 3 months)
Therefore, Dollar-weighted annual yield for this nine-month period,
On plugging-in the values,
In percentage notation,
Answer:
The correct answer is Growth Stage.
Explanation:
In the growth phase, the product is positioned in the defined segment, and begins to be accepted by consumers. This causes sales and therefore profits to increase.
Typically, the increase in profits occurs because manufacturing costs are reduced either by economies of scale or by gaining manufacturing experience.
Despite this, competition in this second stage of a product life cycle is usually not very intense. It is likely that new competitors have appeared, but these new players will try to differentiate their product and begin to build their brand positioning.
The key at this stage is to reinforce the positioning and make modifications to adapt the product to the growing demand.
Answer:
The aggregate amount received for the quarter amounts to $103.4
Explanation:
The computation of aggregate amount received for the quarter is as follows:
Aggregate amount received for the quarter = Number of Shares owned × Price Paid per share
where
Number of Shares owned is 220 shares
Price paid per share is $0.47 per share
Putting the values above:
= 220 × $0.47
= $103.4
Answer and Explanation:
The adjusting entries are shown below
1. Accrued wages expenses
Wages expense Dr XXXXX
To Wages payable XXXXX
(Being the accrued wages is recorded)
For recording this we debited the wages expense as it increased the expense and credited the wages payable as it also increased the liabilities
2. Accrued utilities expenses
Utilities expense Dr XXXXX
To Account payable XXXXX
(Being the accrued utilities expense is recorded)
For recording this we debited the utility expense as it increased the expense and credited the account payable as it also increased the liabilities
3. For adjusting the unearned service revenue
Unearned service revenue Dr XXXXX
To Service revenue XXXXX
(Being the unearned service revenue is recorded)
For recording this we debited the unearned service revenue as it decreased the liability and credited the service revenue as it increased the revenue
