Answer:
May 15, 2020
No Entry
June 15, 2020
Debit: Account Receivable 2,060
Credit Revenue 2,060
Debit COGS 1,380
Credit Inventory 1,380
July 15, 2020
Debit Cash 2,060
Credit Account Receivable 2,060
Explanation:
Preparation of the journal entries for Splish related to this contract.
May 15, 2020
No Entry
June 15, 2020
Debit: Account Receivable 2,060
Credit Revenue 2,060
Debit COGS 1,380
Credit Inventory 1,380
July 15, 2020
Debit Cash 2,060
Credit Account Receivable 2,060
<u>Answer: </u>Option C
<u>Explanation:</u>
Manufacturing costs are the costs which are involved in the production of the goods. It excludes the direct materials and the direct labor as these factors are not only factors of production but used for other work in the organisation.
The indirect materials used are also included in this overhead which cannot be traced easily. Some of the manufacturing costs are maintenance, repairs on production, heat light, property tax, depreciation and insurance on manufacturing facilities. These costs are also called as factory overhead and factory burden.
Answer:
Option A
Explanation:
First let's make see the what is the difference (they are not the same thing.) And then lets analize which statement is the most accurate.
A change in supply and a change in quantity supplied are different things. The change in supply is caused by changes in costs and incentives that change how much a producer can and will produce at a given price.
The change in quantiy supplied is caused simply by a change in the retail price of the product.
The change in <em>quantity supplied is shown as a movement along the curve</em>. While the change in <em>supply is shown graphically as a movement of the supply curve.</em>
As we can see, that means that A is the correct answer.
Answer and Explanation:
As per the data given in the question,
($ million) ($ million)
Year Cash flows PVF at 8.2% Present value
0 -8.05 1 -8.05
1 5.08 0.9242 4.70
2 5.08 0.8542 4.34
3 5.08 0.7894 4.01
Net present value 4.99
Internal rate of return 0.40
Net present value = $4.99 million
The project should be accepted
Yes, The IRR rule is agree with NPV.
Please find the attachment for better understanding
The manager is likely using a graphic rating scale when
assessing his employees. The graphic rating scale is a way of having to rate
the traits of an individual and a way of having to quantify the behaviors of
the individuals that are employed.
