Answer:
$500
Explanation:
COGS or the cost of goods sold is the total cost of all goods sold in a period. It is the direct cost of productions and include direct labor costs, direct materials, and direct overhead costs.
In this case, The average cost of goods sold per unit is $12.50. The business sells to 40 customers. The totals cost of goods sold or the COGS will be
=$12.50 x 40
=$500
Answer: Loss of $950
Explanation:
You bought the contract at $2.29 per bushel.
The corn contract at the time was actually $2.10.
You bought the futures contract for more than the spot price for the same time period so this is a loss.
Loss = Loss per unit * number of units
= (2.29 - 2.10) * 5,000
= 0.19 * 5,000
= $950
Answer:
Being On Time.
Respects and Meets Deadlines.
Detail Oriented and Takes Initiative. ...
Supports Peers and is Loyal.
Answer:
Journal Entries are as follows.
Explanation:
1. Cash $25,000 (Debit)
Common Stock $ 25,000 (credit)
2. Wages $10,000 (debit)
Cash $10,000 (credit)
3. Land $ 50,000 (debit)
Common Stock $50,000 (credit)
4. Dividend Declared $ 1000 (debit)
Dividend Payable $ 1000 ( credit)
And
Dividend Payable $ 1000 ( debit)
Cash $ 1000 (credit)
5. Cash $ 3000 (debit)
Long Term Investment $ 3000 (credit)
6. Cash $ 20,000 (debit)
Sales $ 20,000 ( credit)
7. Inventory $2000 (debit)
Cash $ 2000 (credit)
8. Investment $ 6000 ( debit)
Cash $ 6000 (credit)
9. Bonds Payable $ 10,000 (debit)
Discount $ 1000 (credit) ( if there's any)
Common Stock $ 9,000 ( credit ) ( in case of discount)
10. Notes Payable $ 10,000 (debit)
Interest on Notes Payable $ 1,000 (debit) ( suppose there's interest of $ 1000 on $ 10,000 Notes Payable)
Cash $ 11,000 (credit)
Answer:
E. separation, self-service, automation, and scheduling.
Explanation:
Increase in productivity in a business aims to increase the efficiency of an individual or process involved in production of useful output.
Strategies for improving productivity includes separation, self-service, automation, and scheduling.
When there is seperation in services available to a customer, they easily identify the most relevant one to them.
Self service gives control of the process to the customer, resulting in greater satisfaction.
Automation reduces the turnaround time of processes and refocuses labour to more complex activities. So production efficiency increases.
Scheduling reduces time wastage by assigning time to complete activities.
