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jekas [21]
3 years ago
14

Jones & Hilton Co. owned a large cold storage warehouse where they stored and processed meat and meat products. An insider r

evealed to the media that the cold storage failed to meet numerous safety standards, encountered repeated rodent attacks, and sold potentially harmful and infected meat in the market without notifying authorities. The has the authority to conduct inspections of the cold storage warehouse and initiate legal proceedings against the owners for endangering the health of consumers. 2701. Consumer Product Safety Commission 2.Food and Drug Administration 3.Federal Healthcare Commission4. U.S. Department of Agriculture
Business
1 answer:
8090 [49]3 years ago
4 0

Answer:

4. U.S. Department of Agriculture

Explanation:

The U.S. Department of Agriculture, one of the most powerful executive departments in the United States, has as one of its functions the responsability to ensure food safety.

For this goal, it has one subdivision: the Food Safety and Inspection Service, which has over 9,000 employees across the U.S.

That is the specific department that would carry out the inspection, and initiate legal proceedings in case of irregularities. It is in charge of ensuring food safety for consumers in the places where food is manipulated, distributed, and sold.

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Camden Corporations agreed to build a warehouse for a client at an agreed contract price of $ 900,000. Expected (and actual) cos
weqwewe [10]

Answer:

Key figures:

2016:

Revenue = $270,000

Expenses = $202,500

Income = $67,500

2017:

Revenue = $450,000

Expenses = $337,500

Income = $112,500

2018:

Revenue = $180,000

Expenses = $135,000

Income = $45,000

Explanation:

Under this method, percentage of work completed is determined using the following <u>formula:</u>

<em>Percentage of work completed = (Total Expenses incurred on the project till the close of the accounting period) ÷ (Total Estimated Cost of the Contract)</em>

Total estimated cost = $202,500 + $337,500 + $135,000 = $675,000

<u>2016:</u>

Percentage of work completed = ($202,500 ÷ $675,000)×100 = 30%

Expenses in 2016 = $202,500 (answer)

Revenue in 2016 = $900,000 × 30% = $270,000 (answer)

Income in 2016 = Revenue - Expenses

Income in 2016 = $270,000 - $202,500

Income in 2016 = $67,500 (answer)

<u>2017:</u>

Percentage of work completed = ($337,500 ÷ $675,000)×100 = 50%

Expenses in 2017 = $337,500 (answer)

Revenue in 2017 = $900,000 × 50% = $450,000 (answer)

Income in 2017 = Revenue - Expenses

Income in 2017 = $450,000 - $337,500

Income in 2017 = $112,500 (answer)

<u>2018:</u>

Percentage of work completed = ($135,000 ÷ $675,000)×100 = 20%

Expenses in 2018 = $135,000 (answer)

Revenue in 2018 = $900,000 × 20% = $180,000 (answer)

Income in 2018 = Revenue - Expenses

Income in 2018 = $180,000 - $135,000

Income in 2018 = $45,000 (answer)

4 0
3 years ago
50 POINTS
SashulF [63]

Answer:

A. high school diploma

Explanation:

please put me in brainlist

4 0
3 years ago
Read 2 more answers
Chez Fred Bakery estimates the allowance for uncollectible accounts at 1% of the ending balance of accounts receivable. During 2
steposvetlana [31]

Answer:

See below

Explanation:

Per the above information,

Ending account receivable balance = Beginning account receivable + Credit sales - Collections - Written off amount

$93,000 = Beginning account receivable + $108,000 - $142,000 - $130

$93,000 = Beginning accounts receivable - $34,130

Beginning accounts receivable = $93,000 + $34,130 = $127,130

So, the beginning account receivable would be;

The ending accounts receivable is computed as;

= $930 ÷ 1%

= $93,000

7 0
3 years ago
Who's better?<br> Chris Brown or Lil Tjay?
TEA [102]

Answer:

Lil Tjay and the song F.N or Mood Swings

Explanation:

8 0
2 years ago
On November 1, 20X1, Starbucks paid the rent of $90,000 for 40 of its stores in Colorado and Nebraska. The rent covers the perio
vazorg [7]

Answer:

Part (1) November 1

The amount paid is the rental advances and must be recorded as advances which falls under the current asset category:

Dr Rental Advances $90,000

Cr        Bank account             $90,000

Part (2) December 31

On this date, some of the rental advances paid would be realized as expenses from the period November 1, 20X1 to December 31, 20X2.

This time duration constitutes to 2 months and the rental advance made on November were for five months. Out of these 5 months, 2 months share must be recognized as expense which is

The relevant entry would be:

Dr Rental Expenses $36,000

Cr                Rental Advances $36,000

8 0
2 years ago
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