Answer:
A. Telephone expense is debited $82; accounts payable is credited $82.
Explanation:
Mr. Peabody has incurred a debt of $82 on telephone expenses. His expenses have increased by $82, and his debts(liabilities) have also increased by $82.
An increase in expenses is recorded by debiting the relevant expense account. Mr. Peabody will debit the telephone expense account by $82.
Liabilities have increased by $82. An increase in liabilities is recorded by crediting the liabilities account. Mr. Peabody will complete this transaction by crediting the liabilities account by $82.
Answer:
Annual Financial advantage $ 550
Explanation:
<u>Computation of income/loss on special order</u>
Unit product costs
Normal product costs $ 19.20
Incremental variable costs $ 1.30 per unit <u>$ 1.30</u>
Total product costs $ 20.50
Revenues per unit <u>$ 26.00</u>
Profit per unit $ 5.50
Sales Units 2,100 units
Total incremental profit on order $ 11,550
Less; cost of moulds <u>$ 11,000</u>
Incremental profit on S 47 order $ 550
Answer:
The correct answer is the difference between governance and management oversight.
Explanation:
In conflict and post-conflict situations it is necessary that the security sector is governed by the principles of effective governance and accountability, to prevent this sector from misusing its prerogatives, that the authorities abuse its control over the actors in the security sector and, above all, to build public confidence and establish or restore the legitimacy of the sector (UNODC, 2011). For this to happen, it is necessary that the security sector actors accept that their decisions and actions can be questioned and that any inappropriate behavior can have consequences such as compensation for victims or sanctions. Without this type of accountability and transparency, corruption and other inappropriate behavior can flourish (UNODC, 2011).
Answer:
Option (D) is correct.
Explanation:
Given that,
Current market price = $7.50
Average variable cost = $8.00
Average total cost = $8.25
It can be seen from the above information that current market price is less than the average variable cost, i.e, $7.50 < $8.00.
Mrs. Smith should shut down its production in the short run as well as in the long run until the point where current market price is greater than or equal to average variable cost.
Answer:
The correct answer is: services.
Explanation:
Services can be defined as economic activities that produce intangible and non-physical products. For instance, education, health, tourism, hospitality, etc.
Services cannot be stored in inventory. They are produced and consumed at the same time. They cannot be produced in advance to be used in the future.
