It's email on apex just got it right
The key considerations that should be made when choosing the most suitable type of stock is to control the stock.
<h3>What should the company control stock?</h3>
When stock is controlled it ensures that there is materials or resources available enough for production.
It includes adequate monitoring of the stock level to ensure sustainability through details inventory and monitoring.
Therefore, the key considerations that should be made when choosing the most suitable type of stock is to control the stock.
Learn more on stock below
brainly.com/question/690070
#SPJ1
Answer:
budgeted direct-labor rate= $700 per direct labor hour
Explanation:
Giving the following information:
Budgeted total direct-labor costs $14,000,000
Budgeted total direct-labor hours 200,000
To determine the direct-labor cost rate, we need to use the following formula:
budgeted direct-labor rate= total amount of direct labor cost/ total amount of direct labor hours
budgeted direct-labor rate= 14,000,000/200,000= $700 per direct labor hour
Answer:
$2.5 million
Explanation:
Conrad construction estimated its total costs at $16 million and a gross profit of $4 million (25% of costs incurred).
If the company incurred in $2 million costs during this year, it can estimate its gross profit at $500,000.
So the total revenue that it should report for the year is $2.5 million (= $2 million + $0.5 million)
Answer and Explanation:
The journal entries are shown below:
Accounts Payable $10,000
To Notes payable $10,000
(Being the issuance of the note is recorded)
Interest expense $125 ($10,000 × 5% × 90 days ÷ 360 days)
Notes payable $10,000
To Cash $10,125
(Being the cash paid is recorded)
These two entries should be recorded for the given transaction
