Answer:
Explanation:
The journal entry is shown below:
Land A/c Dr $243,000
Building A/c Dr $370,000
To Common stock A/c $168,000 (28,000 shares × $6)
To Paid-in capital in excess of par value - common stock $445,000
(Being the issuance of the common stock in exchange of land and building)
Simply we debited the land account and building account and credited the common stock and paid in capital in excess of par value
Answer:
Total cost for Operations Department = 92,548
Explanation:
Dual-rate method is a method of allocating costs in which two cost functions are used. Typically, the two functions are a fixed-cost function and a variable-cost function.
First calculate allocation rate for fixed cost for Operations Department
Fixed cost = 60000
Budgeted copies = 310000
Fixed allocation rate = 60000 ÷ 310000
= $ 0.1935483870967742 per copy............eq(2)
Variable cost = $ 0.05 per copy............ eq(1)
Actual usage by Operations department was 380000 copies.
Multiply this amount with allocation rates calculated in eq(1) and e1(2).
Actual fixed cost = 0.1935483870967742 × 380000
= 73548
Actual variable cost = 0.05 × 380000
= 19000
Total cost for Operations Department = 73548 + 19000
= 92,548
Answer:
Alternative 1
Explanation:
We will choose the alternative one because it takes only five years to demonstrate the draft capability development document, and it uses advanced technology demonstrations. On the other hand, we can not choose alternative two because it will take three more years from alternative one to demonstrate the draft CDD.
Answer:
Bank Reconciliation Statement as of October 31
Particulars Amount Particulars Amount
Balance as per bank $350 Balance as per books $806
Add: Late deposit $433 Less: Returned checks $80
Less: Outstanding check $66 Less: Error recordings $9
($24+$42) ($65-$56)
Reconciled Balance $717 Reconciled Balance $717
Answer: A . Learning the political / power structure of the client's community.
Explanation: Communication is of the utmost important whether verbal or non verbal especially in an envolving global world where people are travelling round the world and mixing, interacting and also doing business together. Due to this fact, intercultural communication arises which means peolpe are learning and knowing about other peoples culture , as well as knowing your client's culture or ethnic group. This helps you to better understand what to say and do in terms of verbal and non verbal communication. It also helps you know how to handle and address people from other cultures and ethnic groups.
Politics and religion are sensitive issues in many cultures and in discussing or doing business with people from different cultural background these sentive issues are often avoided in order not have misunderstanding or crises. By avoiding these issues business will go on smoothly. This also shows that there will be mutual respect with the parties involved.
