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joja [24]
3 years ago
15

A customer's account appears as follows:

Business
1 answer:
mafiozo [28]3 years ago
6 0

Answer:

(C) $55,000

Explanation:

Market Value : $125,000

$125000/2= $62,500

$62,500- $35,000 debit= $27,500 excess equity

Hence:

$27,500 excess equity x 2= $55,000 Buying Power

Therefore the buying power in the account is $55,000

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Which 3 should be entered as individual transactions, with their original dates, rather than entered using the initial journal e
Lerok [7]

a. Check to utility company for $87.26.

d. The three open invoices issued to the hair stylist.

e. Check to the telephone company for $54.19

Telephone expense, Utility expense and Rent Invoices issued to barbers require a new journal entry.

An expense is an item that generally requires an outflow of money or some form of property to another person or group in payment for an item, service, or other category of expense. For tenants, rent is an expense. For students and parents, teaching is a cost.

Expenses are money that costs or must be spent to do something. Most of the marble was imported from Italy at great expense. Vacations with dogs can often come at an additional cost. It wasn't a lot of money, but it helped me pay my bills.

Learn more about expense here

brainly.com/question/25169847

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6 0
1 year ago
Perteet Corporation's relevant range of activity is 3,600 units to 8,000 units. When it produces and sells 5,800 units, its aver
creativ13 [48]

Answer:

Total MFG Overhead  $ 20680

Explanation:

Perteet Corporation

Manufacturing overhead consists of Variable manufacturing overhead and Fixed manufacturing overhead.

Variable manufacturing overhead $ 1.40

Fixed manufacturing overhead $ 3.30

Manufacturing overhead per unit    $ 4.7

No of units =  4,400

Total MFG Overhead = 4.7 * 4400 =  $ 20,680

The manufacturing overhead costs do no not consists of Fixed selling expense, Fixed administrative expense ,Sales commissions and Variable administrative expense. Another way of finding the manufacturing overhead costs is subtracting the cost of direct materials and direct labor from the cost of goods sold.

Cost of Goods Sold $ 14.2

Direct materials $ 6.30

Direct labor $ 3.20

Variable manufacturing overhead $ 1.40

Fixed manufacturing overhead $ 3.30

Total Manufacturing Costs= $ 14.2

Less Direct Materials Cost= $ 6.3

Less Direct Labor Costs = $ 3.2

Mfg Overhead= $ 4.7

No Of Units = 4400

Total MFG Overhead = 4.7 * 4400= $ 20680

     

6 0
3 years ago
Publix has 2,700 pounds of bananas with a total cost of $864. Because the bananas have become too ripe, Publix is contemplating
tamaranim1 [39]

Answer: an increment in profit $1615

Explanation:

2700 pounds of Banana

Total cost = $864

If sold = $1485

When converted into bread $2565 and sold at the cost of $4480

Oven rentage = $300

What is the incremental effect on income if Publix converts the bananas to banana bread?

Sales Amount - Expenses incurred

= $4480 - $2565 + $300

= $4480 - $2865

= $1615

If he had sold the bananas

Sales amount - cost amount

= $1485 - $864

= $621

By converting the bananas to bread the incremental effect on income is it would yield more profits at $1615 compared to when sold at which is $621

3 0
3 years ago
A datacenter recently experienced a breach. When access was gained, an RF device was used to access an air-gapped and locked ser
alex41 [277]

Answer:

a. Faraday cage

Explanation:

Faraday cage -

It refer to as a shield which helps to block any electromagnetic fields , is referred to as faraday cage .

It is also known as Faraday shield .

In a Faraday cage , a mesh or covering conductive material is added to block any electromagnetic field .

Hence , from the given information of the question ,

The correct answer is a. Faraday cage .

5 0
3 years ago
The ​short-run market supply curve shows the quantity supplied by all the firms in the market at each price when​ _____.
Pani-rosa [81]

Answer:

The ​short-run market supply curve shows the quantity supplied by all the firms in the market at each price when each firm's plant and the number of firms remain the same.

Explanation:

The short-run market supply curve is derived from each invidividual short-run supply curve at a given price, stating it as the sum of the quantities supplied by all the firms at this price.

If each firm's plant and the number of firms remain the same, you can calculate the market supply curve.

3 0
3 years ago
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