True Often, a career in Family and Community Services may be entered and followed with only certification.
f. What is considered a license, but is not necessarily a degree?
certification
Answer:
(A) True
Explanation:
Differential cost is the difference between the cost to produce Product O and produce Product P; in this case it’s the additional cost of $13 per pound to produce
So the statement “The differential cost of producing Product P is $13 per pound” is true
Answer:
Follows are the instructions to this question:
Explanation:
Given:
Configuration of machine = 
Machine hours= 
Order on Packing= 
We have to use the following formula in order to measure the expected production overhead rate:
Estimated overhead production rate= Total projected production expenses and for period/Total base allocation sum
Machine Configuration 
Machining hour= 
Packing
Answer: Letter of credit
Explanation:
The letter of credit is one of the type of payment process that is specifically used for the purpose of international trading as it helps in proving the economical guarantee from the bank to the trader of various type of goods and the services.
The letter of credit is also refers as the documentary based credit and also the guarantee undertaking letter which is used at the time of payment and the main advantage of the letter of credit is that it is highly customizable, safety business process, Payment assured and also free from all the types of credit risk.
According to the given scenario, George asked the customer for providing the letter of credit for the purpose of protect his company fro the various types of payment and economical issue.
Therefore, Letter of credit is the correct answer.
<u>Solution:</u>
<u>The</u><u> </u><u>following journal entries will be passed:</u>
Accounts Debit Credit
Bond Payable (2000 bonds x $1000) $2,000,000
Discounts on Bonds Payable $30,000
Common Stock (50 shares x $10 x 2000 bonds) $1,000,000
Paid -in Capital in Excess of Par--Common Stock $970,000
(TO RECORD CONVERSION)
Cash ( 2000 * $1000 * 1.01) $2020000
Discount on bonds payable $59216
Bonds payable (2000 * $1000) $ 2000000
Paid - in - Capital - Stock warrant $79216
(To record issuance of bonds with stock warrant)
