Answer:
Dr Work in process $13,210
Cr Wages payable $13,210
Explanation:
Based on the information given the appropriate journal entry to record the flow of labor costs into production during August is:
Dr Work in process $13,210
Cr Wages payable $13,210
(580*$13)+(630*$9)
($7540+$5670)
(To record the flow of labor costs into production during August)
Answer:
The correct answer is letter "A": Uncollectible accounts are not anticipated or immaterial.
Explanation:
Direct write-off is a method used to record debts from credit sales. An allowance account is not used with this method but an account receivable directly written-off for the outstanding amount once it is determined to be uncollectible. This method is used for tax-reporting purposes.
Owner's equity at the beginning of the year is
Assets-liabilities
60,000−17,000=43,000
Owner's equity at the end of the year is
Beginning balance+revenues-expenses+additional investment-withdrawal amount
43,000+48,000−36,000
+8,000−9,000
=54,000
Owner's equity changed by
ending balance-beginning balance
54,000−43,000=11,000. ..answer
<h2>The given statement is false.
</h2>
Explanation:
If the driver has set the phone to "do not disturb" then definitely the notification that he gets through various apps will be kept silent, calls will reach voice mail and we will be notified with missed calls and our screen will be blank when the call is received. But this do not disturb mode does not control the air-conditioning of the car or blocking the driver from changing the radio station.
It is found from a survey that the road accidents are more when the mobile usage of the driver is more. Many drivers though they know about the consequences, they still use mobile phones while driving.
The goal of any reasonable firm is to optimize its earnings. Providing incentives to the workers is one of the management methods to induce maximum effort from them in order to achieve the objective of the firm.In the present structure of employee settlement where the retail personnel is paid a fixed wage of $20 per hour, there's no reward for the retail sales staff to push more difficult for the sales and increase the profits. There is no penalty on them in case the sales go down and the profits are negatively affected.In the proposed worker compensation structure where each of the retail personnel is paid 1 percent of the shop's daily revenues over and above a fixed wage of $10 per hour, the staff is motivated to work harder to increase the sales and the profits of the firm. Each of the retail staff members then will be motivated by self-interest and devise methods to increase their productivity so that they can maximize their everyday compensation. Hence, by taking care of their self-interest, they will indirectly help in attaining the company's objective of maximizing its daily earnings to $25,000 per shop.
