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2 years ago

A summary of the time tickets for the current month follows:

Business

1 answer:

tester [92]2 years ago

8 0

Answer and Explanation:

The journal entry to record the factory labor cost is shown below:

Work in progress ($2,060 + $1,710 + $3,130 + $3,520 + $2,150 + $1,410 + $9,540) $23,520

Factory Overhead $10,980

To wages payable $34,500

(to record the factory labor cost)

Here work in process and factory overhead is debited as it increased the assets and expenses and credited the wages payable as it also increased the liabilities

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A person deposits $100 at the beginning of each year for 20 years. Simple interest at an annual rate of i is credited to each de

Yuri [45]

Answer:

Future value if compounding interest: $3,096.9202

Explanation:

The simple interest do not consider that interest generate more interest like compounding. It considers the investor withdraw their return rather than reinvesting.

$FV = PMT \times time \left[1+rate \times\frac{time + 1 }{2} \right]$

100 x 20 x (1 + i x (20+1)/2) = 2,840

(2,840/2,000 -1) x 2 / 21

r = 0.04

Now, we solve considering compounding which assume all interest are reinvested.

$C \times \frac{(1+r)^{time} -1}{rate}(1+r) = FV\\$

C 100.00

time 20

rate 0.04

$100 \times \frac{(1+0.04)^{20} -1}{0.04}(1+0.04) = FV\\$

FV $3,096.9202

7 0

2 years ago

In the past six months, Supplier has made late deliveries to many customers and a good portion of the goods delivered have been

geniusboy [140]

Answer:

The correct answer is letter "B": thirty days.

Explanation:

Anticipatory Breach or Repudiation is the notification one party in a contract lets the other party know that the obligations stipulated in the initial agreement will not be met.

According to the rules if the Uniform Commercial Code (UCC), if one of the parties has good enough reasons to believe that the other party is not going to fulfill its obligations in a contract, that party can request an "<em>adequate assurance of performance</em>". If the request is not answered after 30 days, the requesting party can assume the counterparty has repudiated the contract, thus, the requesting party can look for another provider to make a new agreement.

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2 years ago

In the value chain, what is the term of the activities that are required but not directly add value to the company's products or

Darya [45]

Answer:

In the value chain analysis, the term of the activities that are required but not directly add value to the company's products or services sold to the customers is:

Support or Secondary Activities.

Explanation:

Support or secondary activities are the indirect services that improve the primary activities of the value chain. The secondary or support activities include procurement of input resources, human resources management, infrastructure (accounting, legal, and administrative), and research and development (technology). These support the primary value chain activities, according to Porter's Value Chain, including In-bound logistics, Operations, Outbound logistics, Marketing and Sales, and Customer Services.

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2 years ago

“A” represents the new quantity supplied, while “B” represents the new quantity demanded. What is the result of these changes?

omeli [17]

Answer:

The price will fall.

Explanation:

An increase in the quantity supplied with a corresponding decrease in demand will lead to a fall in prices.

5 0

2 years ago

Read 2 more answers

Dakota Mining Company pays its bills and employees with checks drawn on a bank from another part of the country. Checks usually

UNO [17]

Dakota Mining Company pays its bills and employees with checks drawn on a bank from another part of the country. Float is the advantage gained during the check-clearing time.

<h3>What is float?</h3>

Generally, The float is money in the banking system that is momentarily counted twice owing to time delays in reporting a deposit.

In conclusion, the advantage gained during the check-clearing time is called float