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4 years ago

11

Closing entries are Question 13 options: a. an optional step in the accounting cycle. b. posted to the ledger accounts from the

worksheet. c. made to close permanent or real accounts. d. journalized in the general jou

1 answer:

GREYUIT [131]4 years ago

7 0

D) as closing entries are apart og the accounting cycle, and only temporary accounts like expenses are closed.

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A manufacturing plant has found that purchasing a computerized electronic machine system decreased the need for additional worke

Zielflug [23.3K]

Answer:

C. Automation

Explanation:

The situation explained in the question perfectly explains Automation. New technologies and advancements lead to more efficient and advanced procedures and processes, particularly when such procedures and processes require very little human interaction or assistance. Now if we talk about the manufacturing industry, procedures like CAD (computerized aided design), CAM (computer aided manufacturing) and EDI (electronic data interchange) have pretty much eased and transformed the manufacturing procedures and environments.

Job exportation mostly relates to employment in international corporations usually located in growing and developed countries.

Outsourcing is the contracting out of certain aspects of business to third party specialist organizations who mostly specialize in that particular work domain.

Offshoring is the transfer and reallocation of SBU (strategic business units) from one country to another.

4 0

3 years ago

Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials $

Ede4ka [16]

Answer:

$66,800

Explanation:

The computation of the amount of production cost assigned to product A but before that first we have to calculate the overhead rate which is shown below:

Overhead rate = Overhead Cost ÷ Total Labor Cost

= $60,000 ÷ ($30,000 + $16,000)

= $1.30

Now

Overhead Cost assigned to product A is

= $1.30 × $16,000

= $20,800

So, the Production costs assigned to product A is

= Direct Materials cost + Direct Labor cost + Overhead Cost

= $30,000 + $16,000 + $20,800

= $66,800

6 0

4 years ago

Stacey's text messaging plan costs $10 for the first 250 messages and 30¢ for each additional text message. if she owes $13.00$⁢

Anvisha [2.4K]

13-10 = 3, and it takes 10 30 cent "parts" to make 3 dollars, so it would be 260 texts.

8 0

4 years ago

Lindsay needs to purchase a car. The car she is planning on purchasing costs $12,000 and she has $2,000 that she will be using a

adell [148]

a) To purchase the car, Lindsay will need to finance the dollar amount of <u>$10,000</u>.

b. In one year, the dollar amount of interest Lindsay will pay on loan is $300.

c. In two years, for Lindsay to finally OWN the car, the actual cost of the vehicle will be in dollars, that is (down payment + amount financed + 2 years interest = actual cost of the car) is <u>$12,600</u>.

<h3>What is a down payment?</h3>

A down payment is an initial payment made upfront for the purchase of an asset, which is being financed by another entity at a stated interest rate.

A down payment reduces the amount that is subject to the loan terms.

<h3>Data and Calculations:</h3>

Cost of a car = $12,000

Downpayment = $2,000

Car Loan = $10,000

APR = 3%

Interest for two years = $600 ($10,000 x 3% x 2)

Thus, since Lindsay is making a down payment of $2,000 for the car, she will finance $10,000 of the purchase costs.

Learn more about down payments at brainly.com/question/26173748

#SPJ1

4 0

1 year ago

just paid its annual dividend of $1.15 per share. The required return is 12.3 percent and the dividend growth rate is 0.75 perce

IceJOKER [234]

Answer:

P5 = 10.41

Explanation:

To calculate the stock value with dividends for the fifth year the following formula would be used:

$P5 = \frac{Div_{0} * (1 + g)^{6} }{(r-g)}$

Where:

$Div_{0} =$ The first Dividend Paid.
G = Growth Rate.
R = Required Return.

Given Data:

$Div_{0} =$ $1.15

Growth Rate = 12.3%

R = 0.75%

P5 = ?

Substituting the values in the formula

$P5 = \frac{1.15 * (1 + .0075)^{6} }{(12.3-.0075)} = 10.41$

7 0

3 years ago