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3 years ago

____________ produces works that are installed in public places and use words that resemble advertising slogans.

Business

1 answer:

bonufazy [111]3 years ago

6 0

Answer:

Jenny Holzer

Explanation:

Jenny Holzer is one of the famous neo-conceptual artist in America, who specialized in the delivering of ideas as well as words arround public places.

Jenny Holzer produces works that are installed in public places and use words that resemble advertising slogans.

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TRUE or FALSE

Alex17521 [72]

Answer:

1. True

2. True

3. True

4. False

5. True

Explanation:

3 0

3 years ago

Read 2 more answers

In the Month of March, Digby received orders of 164 units at a price of $15.00 for their product Don, and in April receives an o

qwelly [4]

Answer:

Sales for March, 164 * 15 = $2,460

Explanation:

According to the accrual system, the purchases and sales are recorded when they occur. When compared to the cash basis, they are only recorded when actual cash is received or paid for them.

For March the transaction of 164 units has occurred and thus this sale will be recorded.

Sales for March, 164 * 15 = $2,460

This is the revenue recorded for March under accruals, for cash this would have been 0.

Hope that helps.

8 0

4 years ago

As a long-term investment, Fair Company purchased 20% of Midlin Company's 300,000 shares for $360,000 at the beginning of the re

k0ka [10]

The appropriate journal entry to record the transactions from the purchase through the end of the year, including any adjustment for the investment are:

1. Journal entries

1. Debit Investment in Midlin common shares $360,000

Credit Cash $360,000

(To record investment in Midlin common shares)

2. No journal entry required

3. Debit Cash $15,000

($300,000×$0.25×20%)

Credit Investment revenue $15,000

(To record dividend received)

4. Debit Fair value adjustment $15,000

Credit Net unrealized holding gains and losses- OCI $15,000

($375,000-$360,000)

(To record fair value adjustment)

2. Journal entries

1. Debit Investment in Midlin common shares $360,000

Credit Cash $360,000

(To record investment in Midlin common shares)

2. Debit Investment in Midlin common shares $27,000

Credit Investment revenue $27,000

($135,000×20%)

(To record investment revenue)

3. Debit Cash $15,000

($300,000×$0.25×20%)

Credit Investment revenue $15,000

(To record dividend received)

4. No journal entry required

Learn more here:brainly.com/question/15422359

5 0

2 years ago

In absorption costing, nonmanufacturing costs are assigned to units of product. True or False True False

Andru [333]

Answer:

The statement is: False.

Explanation:

Non-manufacturing costs are those not related to the production process of the company. It implies costs useful for the operations of the firm but does not have an impact on the process of creating a final good. Administrative salaries, office supplies, and depreciation fall into this category.

Absorption costing describes an accounting approach in which all the manufacturing costs are assigned to the units produced.

Thus, as non-manufacturing costs are not related to the manufacturing process, they cannot be allocated within the units of production using the absorption costing method.

3 0

3 years ago

Karl runs a store that sells small and large space heaters. The large heaters sell for $250 each with unit variable costs of $12

umka2103 [35]

Answer: Karl must sell 1350 small heaters and 450 large heaters to break even.

We follow these steps to arrive at the answer:

No. Small Large Total

1 Selling Price per unit 80 250

2 Variable Cost per unit 30 120

3 Number of units sold 2100 700 2800

4 Sales mix 3 1

5 Total sales (1*3) 168000 175000

6 Total Variable Cost (2*3) 63000 84000

7 Contribution Margin (5-6) 105000 91000 196000

Next we compute the Weighted Average Contribution Margin as follows:

$\mathbf{WACM per unit = \frac{Total Contribution Margin}{Total number of units sold}}$

$\mathbf{WACM per unit= \frac{196000}{2800} = 70}$

Now, Break even point (BEP) is computed as

$\mathbf{BEP = \frac{Total Fixed Costs}{WACM per unit}}$

$\mathbf{BEP = \frac{126000}{70} = 1800 units}$

Since the large and small heaters are sold in the 3:1 ratio, we can find the number of large and small heaters to be sold in order to achieve the break even point at 1800 units.

$No. of small heaters = BEP * \frac{3}{4}$

$No. of small heaters = 1800 * \frac{3}{4} = 1350 units$

$No. of large heaters = BEP * \frac{1}{4}$

$No. of large heaters = 1800 * \frac{1}{4} = 450 units$

3 0

3 years ago