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4 years ago

The act of retaining or keeping something

Business

1 answer:

Lilit [14]4 years ago

6 0

retaining i think because the act of retaining something is to retain.

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Glover Co. returned defective goods costing $5,000 to Mal Company on April 19, for credit. Glover had purchased the goods on Apr

adell [148]

Answer and Explanation:

The journal entry is as follows;

Account payable Dr $5,000

To Inventory $5,000

(being the entry recorded for receiving the full credit)

Here the account payable is debited as it decreased the liabilities and credited the inventory as it also decreased the assets

Hence, the same is to be considered

3 0

3 years ago

A column in journal and ledger accounts used to cross reference journal and ledger entries is the:

victus00 [196]

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3 years ago

If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the ave

Rufina [12.5K]

Answer:

If 11 workers can produce a total of 54 units of a product and the 20 worker has a marginal product of six units what is the average product of 12 workers?

11 workers= 54 units

12 workers= ?

12 x 54/11= 59 units

Explanation:

7 0

3 years ago

Paparo Corporation has provided the following data from its activity-based costing system: Activity Cost Pool Total Cost Total A

lisabon 2012 [21]

Answer:

$142.10

Explanation:

The computation of average cost of product Q79Y is shown below:-

Activity cost Total cost Total activity Activity Rate

pool

Assembly $775,100 46,000 $16.85

Processing

orders $57,375 1,500 $38.25

Inspection $108,772 1,420 $76.6

Average cost

Direct Material Cost $41.00

Direct labor Cost $41.29

Total Direct Cost $37,031

( Material Cost + Labor Cost ) × Number of Units

Add :Assembly Cost $18,872

(1,120 Hours × $16.85)

Add :Processing Order Cost $4,208

(110 Orders × $ 38.25)

Add :Inspection Cost $3,830

(50 Hours × $ 76.6)

Total Cost $63,941

Average Cost = Total Cost ÷ Annual Units

= $63,941 ÷ 450

= $142.10

3 0

4 years ago

The four elements are a. common mission, coordinated effort, specialization, and hierarchy of authority b. common value, coordin

grigory [225]

The four common elements of an organization include (D) common purpose, coordinated effort, division of labor, and hierarchy of authority.

Explanation:

The organizational psychologist Edgar Schein proposed four common elements of an organization’s structure namely

Common purpose :It refers to the clarity of the mission and vision.
Coordinated effort :Individualistic and group effort
Division of labor :Work specification for greater efficiency
Hierarchy of authority :Setting chain of commands

If we see from the point of view of a manager the day to day operations operations of an organization can be made successful by instilling a common purpose,which result in coordinated effort across the organization and then the work is allocated on the basis of the specialization of the staff and the hierarchy of authority is also defined

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3 years ago