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3 years ago

Your Insurance company bills you $687.89 every 6 months for your premium payments. You decide to pay per month.

Business

1 answer:

eimsori [14]3 years ago

3 0

Answer:

$114.65

Explanation:

If you divide $687.89 by 6 months you'll get $114.64833333333333333 but if you simply you'll get 114.65 and you'll only pay $0.11 over.

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The Smelting Department of Kiner Company has the following production data for November. Production: Beginning work in process 3

Anvisha [2.4K]

Answer:

(A) 18,600 units

(B) 13,821 units

Explanation:

(A) The computation of the equivalent unit for material cost is shown below:

= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)

= (10,500 units × 100%) + (8,100 units × 100%)

= 10,500 units + 8,100 units

= 18,600 units

(B) The computation of the equivalent unit for conversion cost is shown below:

= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)

= (10,500 units × 100%) + (8,100 units × 41%)

= 10,500 units + 3,321 units

= 13,821 units

6 0

3 years ago

In economics, what is logrolling?

nadezda [96]

In economics, Logrolling is a trading of favors. Usually this is done in legislative members in which they trades to get the favor of the other members.
For example:
I am running for a certain position, In order to get the highest vote, I will talk to the other members to vote me in exchange to their favors.

5 0

3 years ago

Globalization of Market is taking place because of ___________.

ozzi

Because it involves the growing in third dependency among. The Konomi‘s of the world; mold to national nature of sourcing, manufacturing, trading and investment activities increasing frequency of cross-border.

7 0

2 years ago

The PE ratio: Assuming Net Income for the year is $250,000, what is the net cash flows from operating activities given the follo

solmaris [256]

Answer:

Net operating cash flow = $189,250

Explanation:

Particulars Amount$

Net income 250,000

Add:depreciation expense 9,500

Add:loss on sale of asset 1,250

Add:increase in salary payable 19,500

Less:increase in prepaid rent (27,500)

Add:increase in AP 29,500

Less:increase in inventory <u>(93,000)</u>

Net operating cash flow <u>$189,250</u>

4 0

3 years ago

Daley Company estimates uncollectible accounts using the allowance method at December 31. It prepared the following aging of rec

makkiz [27]

Answer:

$25,650

Journal entries

Explanation:

The computation and the journal entries are as follows

The estimated balance of the allowance for Doubtful Accounts is shown below:

= Total account receivable × estimated percentage

= $570,000 × 4.5%

= $25,650

The journal entry is shown below:

a. Bad debt expense A/c Dr $13,650 ($25,650 - $12,000)

To Allowance for doubtful debts $13,650

(Being bad debt expense is recorded)

b. Bad debt expense A/c Dr $24,650 ($25,650 + $1,000)

To Allowance for doubtful debts $24,650

(Being bad debt expense is recorded)

7 0

3 years ago