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3 years ago

15

With regard to how people use time and their expectations of how it should be managed, members of which type of culture value ef

ficiency production and fast results?

1 answer:

ra1l [238]3 years ago

5 0

Short term orientation? I think

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The Marchetti Soup Company entered into the following transactions during the month of June:

sammy [17]

Answer:

Kindly find the following transactions of Marchetti Soup Company during the month of June below in the Explanation section

Explanation:

Solution

Transaction Account Title Debit Credit

1. Inventory 165,000

Accounts payable 165,000

2. Salaries expense 40,000

Cash 40,000

3. Accounts receivable 200,000

Sales 200,000

Cost of merchandise sold 120,000

Inventory 120,000

4 Cash 180,000

Accounts receivable 180,000

5 Accounts payable 145,000

Cash 145,000

3 0

3 years ago

Can a rectangular piece of wrapping paper with an area of 81 square inches have a perimeter of 60? (Hint: Let length=30-w.)

uysha [10]

Yes, length=30-w and the area is 81. 81 can be divided by 9, 27, or 3. If we try substituting 3 for w, then the length (30-3=27). So the length is 27, and the width is 3. Area is length times width 27x3=81 squared inches.

8 0

3 years ago

The percentage-of-completion method is used primarily for short-term contracts. A.recognizes revenue and gross profit each perio

maxonik [38]

Answer:

A.recognizes revenue and gross profit each period based upon progress.

Explanation:

The percentage of completion approach is an accounting technique used to recognize revenue in ongoing projects. Revenue from long term contracts is calculated based on the percentage of work completed in a period. This method is applied when payments are assured, and the percentage of work done can be estimated with some degree of accuracy.

The percentage of completion is mostly used in construction industries, but the concept can be used in many projects. The method compares the revenues and expenses of a project against the percentage of work completed in the financial period. The percentage of completion method contrasts with the completed contract method that recognizes income upon completion of a project.

8 0

3 years ago

Your company buys a car, and its value goes down over time. What is that process called?

kozerog [31]

The correct answer would be B. Depreciation

4 0

4 years ago

Read 2 more answers

Lindsey Company uses activity-based costing. The company has two products: A and B. The annual production and sales of Product A

saul85 [17]

Answer:The activity-based costing cost per unit of Product A=$9.21

Explanation:

Product A Product B

Units Produced 8000 units 6000 units

Activity Cost Pool Total Cost Product A Product B Total Activity

Activity 1 $26,400 170 380 550

Activity 2 $54,365 950 360 1,310

Activity 3 $136,880 900 3,820 4,720

Activity−basedcost for Poduct A

Activity−basedcost for Activity1= total Cost/total no. of activityx activity for particular product which is product A

=26,400/550 x 170= 8160

Activity−basedcost for Activity2= total Cost/total no. of activityx activity for particular product which is product A

=54,365/1310 x 950=39,425

Activity−basedcost for Activity3= total Cost/total no. of activityx activity for particular product which is product A

=136,880/4720 x 900=26100

Total activity based cost for Product A = $8,160 + $39,425 +$26,100=$73,685

The activity-based costing cost per unit of Product A = Total activity based cost for Product A/ Units Produced for product A=$73,685/8000=$9.21

6 0

3 years ago