Answer:
A deposition
Explanation:
Deposition is the term under the law of the US (United States), which is defined as it involve the taking of sworn, oral testimony in the out of court, to witness that it might reduce to a transcript which is written for the later use in the court or for the motive or the purpose of the discovery.
Therefore, a deposition is required to prepare for the trial among the companies so that the court official make a record of the questions of the attorney and the answers of the CEO.
Answer:
E. the more of something we produce, the greater is the opportunity cost of producing an additional unit
Explanation:
Opportunity cost is the cost of the next best option forgone when one alternative is chosen over other alternatives.
An example to illustrate increasing opportunity cost. Let us assume that Emily can use her leisure time to either rest or make spaghetti. If Emily uses 1 hour to make spaghetti, she forgoes 1 hour that she could have spent resting. If she spends 2 hours making spaghetti, she forgoes two hours of rest. Her opportunity cost keeps increasing the longer she spends making spaghetti.
I hope my answer helps you
The equation that Jeremy can use to determine the amount of raisins in the trail mix will be C. 1.5r + 2.5(5 - r) = 10.50
Let r = the amount of raisins
Let p = the amount of peanuts
The equation will be:
r + p = 5 ...... i
1.5r + 2.5p = 10.50
From equation i, p = 5 - r .. iii
Equation iii will be substituted into ii
1.5r + 2.5p = 10.50
1.5r + 2.5(5 - r) = 10.50
In conclusion, the correct option is C.
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Answer:
The amount of factory overhead to be allocated to each unit using direct labor hours.
Handbag = $4.3 / unit
Moccasins = $2.55 / unit
Explanation:
Predetermined Overheads rate
Cutting = 80,000 / 100,000 = $0.8 / labor hour
Sewing = 280,000 / 160,000 = $1.75 / labor hour
Overheads Allocation
Handbag
Cutting = 1 x 0.8 = $0.8
Sewing = 2 x 1.75 = $3.5
Total Per unit overhead allocation = 0.8+3.5 = $4.3 / unit
Moccasins
Cutting = 1 x 0.8 = $0.8
Sewing = 1 x 1.75 = $1.75
Total Per unit overhead allocation = 0.8+1.75 = $2.55 / unit
Answer: See explanation
Explanation:
The entry is prepared below:
Sep-01
Dr Cash $420
Cr Sales revenue $420
(To record the mower sales)
Sep-01
Dr Cost of goods sold $120
Cr Finished goods inventory $120
(To record the cost of mower sales)
Sep-01
Dr Warranty expense (6% x $420) = $25.20
Cr Warranty liability $25.20
(To record the estimated warranty expense)
Jan-24
Dr Warranty liability $29
Cr Repair parts inventory $29
(To record the cost of warranty repairs)