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weeeeeb [17]
3 years ago
13

Which of the following accounts would be increased with a Debit? (Choose all that apply)

Business
1 answer:
iVinArrow [24]3 years ago
7 0

Answer:

It would be C. If this question has more than one answer, then it would be C & E

Explanation:

You might be interested in
Benson Company produces flash drives for computers which have variable costs of $10 per flash drive to produce. Each flash drive
Leno4ka [110]

Answer:

It increases by 50 units.

Explanation:

Current break even point = \frac{Fixed\:Cost}{Contribution\:per\:unit}

Here, fixed cost = $4,500

Contribution per unit = Selling price - Variable Cost = $20 - $10 = $10

Current break even point = \frac{4,500}{10} = 450 units

If variable cost increase by 10% then revised variable cost = $10 + 10% = $11

Contribution per unit = $20 - $11 = $9 per unit

Break even sales in units = \frac{4,500}{9} = 500 units

Difference in original and revised break even = Revised - Original = 500 - 450 units = 50 units,

Thus original break even increases by 50 units, = 50/450 = 11.11% increase.

Final Answer

It increases by 50 units.

6 0
2 years ago
The production engineers have prepared a report detailing the types and amounts of inventory required for production. This docum
IceJOKER [234]

Answer:

C. Bill of Materials

Explanation:

The engineers make the list and then it is checked against the raw materials record to know how much existences are for each of the raw materials requested.

This is done to create some control, as the person that make the bill aren't the person who check the inventory therefore, they cannot overstate or understate the materials as they will be checked for the amount used.

5 0
3 years ago
The required return on the stock of Moe's Pizza is 12.2 percent and after tax required return on the company's debt is 3.82 perc
GalinKa [24]

Answer:

WACC 7.71894%

Explanation:

WACC = K_e(\frac{E}{E+D}) + K_d(1-t)(\frac{D}{E+D})

Ke = 0.101

ER = 0.72

Kd = 0.0382

DR = 0.18

t = 0.35

WACC 7.71894%

4 0
3 years ago
S. Lamar performed legal services for E. Garr. Due to a cash shortage, an agreement was reached whereby E. Garr. would pay S. La
Likurg_2 [28]

Answer:

The correct entries would as follows:

Dr Organization/legal fees(3000*$4.5)     $13,500

Cr Common stock($1*3000)                                    $3,000

Cr paid in capital in excess of par($4.5-$1)*3000)) $10,500

Explanation:

The total cost incurred has increased to $13,500 since the stock needs to be recorded at its fair value on the date of the agreement and the approximate fair value is the market price.

As a result,legal fees expenses is debited with $13,500 while the common stock account is credited with par value of $1 per share and the excess over par value of $3.5 is credited to paid in capital in excess of par.

6 0
3 years ago
A firm with market power has an inverse demand curve of P = 450 – 5Q and marginal cost of MC = 40Q, where Q is measured in thous
seraphim [82]
I believe the answer is b
7 0
3 years ago
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