Answer:
B. Cash in Bank account (debit) Interest on Loan account credit)
Fight for your case. You must have evidence to support what your saying about your situation.
Answer:
D if this is anything related to business then there is always something that reviews everything and the most common term for it is Master scheduling.
Explanation:
<u>Answer: </u>Option A
<u>Explanation:</u>
In this case the company Einstein Inc requires highly qualified employees to improve the business position of the company. Jacob has to consider the employees with core competencies. Core competencies are necessary for the employees to more efficiently perform their work.
Core competencies include the professional knowledge like the technical skills and also the behavioral traits such as leadership skills, personality, management skills etc. By hiring employees with core competencies is significant than just recruiting employees with college degree. Only permanent and stable employees help in developing the business position.
Answer:
This problem requires us to pass journal entry to assign overhead to the Assembly and Finishing Departments.
We know that overhead is allocated on estimation basis through applied overhead account. The basis of assignment is given in the question. The overhead will be assigne/recorded in relevant department work in process cost account. The journal entry is given below.
Debit Assembly WIP Account $ 70,720
(44,200*1.6 = 70.720)
Debit Finishing WIP Account $ 28,000
((62,200-44,200)*1.6 = 28,800)
Credit Factory Overhead applied Account $ 99,520