Answer:
a. internal preview
Explanation:
According to a different source, these are the options that come with this question:
a.internal preview
b.transition
c.bridge
d.precursor
e.internal summary
This would be an example of an internal preview. A connective refers to a type of language that allows different ideas in the text to be connected to each other. In this case, the author connects the ideas by letting us know what the structure and content of the speech will be. This is an example of an internal preview as we get a preliminary glimpse at the internal content of the speech.
Answer:
a credit cards. This is the answer.
Answer:
Recognize the assessments as assessments receivable and revenue.
Explanation:
Practically, this will result in a receivable in the reserve fund, if the amounts are not received when due.
This could be seen when an/a corporation may decide on the amount of an assessment years before the cash is been used.
But cannot really obtain the revenue at the time of the decision, since the corporation can change its decision up until the day the amount is due. Also there are no specific parties being assessed, until the owner on record is known on the day the assessment is due, also the assessment should be recognized as revenue of the reserve fund when due.
Answer:
$258,530
Explanation:
1st Quarter 2nd Quarter 3rd Quarter 4th Quarter Years
Units to be produced 10400 9400 11400 12400 43600
labor hour per unit 0.25 0.25 0.25 0.25 0.25
Total hours required 2600 2350 2850 3100 10900
Variable overhead per unit 1.70 1.70 1.70 1.70 1.70
Total variable overhead 4420 3995 4845 5270 18530
Fixed overhead 84000 84000 84000 84000 336000
Total manufacturing overhead 88420 87995 88845 89270 354530
Less: Depreciation 24000 24000 24000 24000 96000
Cash disbursement for manufacturing overhead 64420 63995 64845 65270 258,530
Therefore the company’s total estimated direct labor cost for each quarter of the upcoming fiscal year and for the year as a whole will be $258,530
Answer:
Explanation:
The closing entry of the income summary account is shown below:
Income summary A/c Dr $81,300
To Retained Earning A/c $81,300
((Being the difference is credited to retained earning))
The retained earning balance is calculated by taking a difference between:
= Annual revenues - Expenditure
= $185,000 - $103,700
= $81,300
The income summary should always be closed after closing of revenue and expenditure account.
