Answer:
J1
Cash $540 (debit)
Cost of Goods Sold $240 (debit)
Sales Revenue $540 (debit)
Inventory $240 (credit)
J2
Warranty Provision $38 (debit)
Direct Materials $38 (credit)
Explanation:
September 1 entries to record the cost and sale of the mower are :
Cash $540 (debit)
Cost of Goods Sold $240 (debit)
Sales Revenue $540 (debit)
Inventory $240 (credit)
The Warranty Expenses is recorded as :
Warranty Expense $32.40 (debit)
Warranty Provision $32.40 (credit)
Warranty = $540 × 6% = $32.40
When the mower is brought i for repairs, the amount of Provision is used as follows :
Warranty Provision $38 (debit)
Direct Materials $38 (credit)
Answer:
Principle described by the quote is that of checks and balance
Explanation:
The principle of checks and balances under the US constitution ensures that different branches of government including legislature, judiciary, and executive have some level degree of influence over each other. In such a scenario, one branch may block the processes of another branch if there are reasons for such an action.
The question given is incomplete.
Following is written the complete question.
http://www.viddler.com/embed/bc9e993
After watching the video answer the following questions:
1. What are the points of difference, or unique attributes, for GoPro products?
2. What are GoPro’s primary target markets?
3. Describe the new product development process used at GoPro. How is it similar to and different from the process described in your lesson and the textbook?
4. Which of the eight reasons for new product failure did GoPro avoid to ensure the success of its products?
<h2>
Answer:</h2>
The answer for the above question is given below.
I hope it will help you!
Explanation:
<span>The average cost of materials for 10,000 units is $62,000. The average cost of Labor for 10,000 units is $37,000. The average cost of Variable manufacturing overhead for 10,000 units is $16,000. The average cost of Fixed manufacturing overhead for 10,000 units is $40,000. The average cost of Fixed selling expense for 10,000 units is $32,000. The average cost of Fixed administrative expense for 10,000 units is $22,000. The average cost of Sales commissions for 10,000 units is $12,000. The average cost of Variable administrative expense for 10,000 units is $4,500. The total product cost for 10,000 units is $225,500.</span>
Answer:
Te answer is: The demand for new cars will rise, so the demand for auto loans will also rise, increasing the labor demand in companies that offer auto loans.
Explanation:
When the price of a good or service decreases, the quantity demanded for that good or service will increase.
Interest rates can be considered as the price of a loan, so when interest rates fall, the quantity demanded for loans will increase. This factor plus an increase in car sales, low gasoline prices and low unemployment are the perfect conditions for the auto loan industry to flourish.
When any industry is expected to do so well, their demand for labor is also expected to increase.
