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liberstina [14]
3 years ago
15

An insured savings account is also known as a _______ savings account ​

Business
1 answer:
charle [14.2K]3 years ago
5 0

Answer:

An FDIC insured account

Explanation:

A bank account at an institution where deposits are federally protected against bank failure or theft.

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Abel Corporation uses activity-based costing. The company makes two products: Product A and Product B. The annual production and
Snezhnost [94]

Answer:

depreciable amor 10.95 dollars per Activity 2 base cost object.

Explanation:

\frac{Activity\: Pool}{Activity \: base}= Activity\:Rate

totoal expected cst: 35,040

activity 2 expected cost dirver Total  3,200

Activity rate: $35,040 cost pool / 3,200 driver expected amount = $10.95

7 0
3 years ago
Marley designs and manufactures specialty furniture. She has a number of unique products but can only produce in limited quantit
sukhopar [10]

Answer:

Marley could not meet a rapid rise in demand

Explanation:

  • A marketing penetration strategy means that a business deliberately reduces the product offered to the market. The purpose of setting a lower price is to entice consumers to buy the product, thereby creating demand for it.
  • The penetration strategy discourages other companies from entering the market. Marketers who use this strategy want to establish a large market share for a product in a short period of time.
  • Mary cannot implement a market entry strategy because of limited production capacity. This approach increases production demand in a short period of time. Mary cannot afford the increase in demand at the moment.

7 0
3 years ago
The department within a company that records, measures, and reports monetary transactions is called ______________.
Gnesinka [82]
I believe you’re thinking of the accounting department

hope this helps (:
3 0
3 years ago
Zander Inc. uses a job-order costing system in which any underapplied or overapplied overhead is closed to cost of goods sold at
Digiron [165]

Answer:

The answer is "$ 1,251,710".

Explanation:

Formula:\text{Overall cost for Job F21X completed during the month = } \\\text{Beginning balance + Direct materials + Direct labor + Manufacturing overhead applied }

= \$ 80,595 + \$ 937,290 +\$ 316,410 + \$ 543,270 \\\\= \$ 1,877,565

Complete unit in Job = 29,850 units

Per unit cost units

                      = \$ 62.9  per unit

Sold units=  19,900 units

Sold goods cost = 19,900 \times  \$ 62.9

                           = \$ 1,251,710

5 0
3 years ago
Prepare a statement of cash flows using the indirect method for the year ended June 30, 2019. (Amounts to be deducted should be
juin [17]

Answer:

                                      IKIBAN INC.

           Statement of cash flow using indirect method for

                           the year ended June 30, 2019

Particulars                                                                   Amount $

Cash flow from operating activities

Net Income                                                                  145,510

<em>Adjustments to reconcile net income to net</em>

<em>cash provided by operating activities   </em>

<u>Adjustment for non cash effects</u>

Depreciation                                                                 81,600

Gain on sale of equipment                                          -4,300

<u>Change in operating assets & liabilities</u>

Increase in accounts receivable                                 -25,500

Decrease in inventory                                                  34,200

Decrease in prepaid expenses                                    3,300

Decrease in accounts payable                                    -16,500

Decrease in wages payable                                        -11,300

Decrease in income taxes payable                             <u>-2,700  </u>

Net cash flow from operating activities (A)              204,310

Cash Flow from Investing activities

New equipment purchased                                        -80,600

Equipment sold                                                             <u>12,300</u>

Net cash Flow from Investing activities (B)        -68,300

Cash Flow from Financing activities  

Cash dividends paid                                                   -162,310

($31,000 + $145,510 - $14,200)

Common stock issued                                                  83,000

Notes payable paid                                                     <u>-30,000</u>

Net cash Flow from Financing activities (C)            -109,310

Net Change in cash = A+B+C                                   $26,700

($204,310 - $68,300 - $109,310)

Beginning cash balance                                          <u>$67,000</u>

Closing cash balance                                               <u> $93,700</u>

5 0
3 years ago
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