Answer:
Correct option is (e)
Explanation:
Programmed decisions are those that are planned decisions for routine situations. These decisions are made based on tried and tested methods or standardized procedures. These decisions are made once when situation arises, and subsequently becomes a procedure when similar situations arise in future. Some examples are dealing with labor absenteeism, terminating an employee or re-ordering supplies.
Non programmed decisions are distinctive. They are not based on any past situation. They are mostly taken by upper management using logic or intuition. They do not arise in normal course of business. One such decision is related to developing new product or service. It is not a routine situation. As, such it is an example of non programmed decision. Rest of the options are examples of programmed decision.
Answer:
bank statement 56,300
Checks outstanding (25,390)
Deposit in transit not recorded by bank<u> 13,325 </u>
Adjusted bank statement 44,235
Cash account 42,920
Bank debit memo for service charges (35)
check register error: <u> 1,350 </u>
Adjusted cash account 44,235
Explanation:
The procedure is to adjust for the unknow information and mistake of each party.
The bank is unaware of the check outstanding and deposit in transit
The company thanks to the banbk statement gets information about a mistake in his check register as it was posted for 1,500 when it should be 150.
Answer:
$7,400
Explanation:
Given the above information, the total factory overhead cost would be computed as;
Total factory overhead costs = Indirect materials + Indirect labor + Maintenance of factory equipment
= $1,200 + $4,200 + $2,000
= $7,400
Hence, the total factory overhead costs is $7,400
Answer:
The adjustment to record the bad debt expense for the period will require a debit $3,654
Explanation:
There are two way to estimate uncollectible accounts: the percentage of sales method and the accounts receivable aging method.
The company uses the accounts receivable aging method to estimate the uncollectible accounts and estimated uncollectible of $4,979
Before adjustment, Allowance for Doubtful Accounts has a $1,325 credit balance.
Bad debt expense for the period = $4,979 - $1,325 = $3,654
The answer is Web Browser; the web client requests information from the web server. The web browser is what displays the information given from the client. Lastly, HTML is what people use for the graphics, text, fonts, and more that you might see on a web page.
