Answer:
1. spare parts - Repair, and other activities
2. work-in-process - Production maintenance
3. indirect materials - Customer Service
Explanation:
The manufacturing cost which is directly affected by the units produced is direct cost and the manufacturing cost which is not affected by the units produced is indirect cost.
Material used for Customer service is indirect material
Work in process is part of production maintenance
Spare parts are required to complete repair activities.
A) money is the scarce resource because you only have enough money for one item
B) movie or pizza
C)?
Answer:
c. A debit to Salaries Payable and a credit to Cash.
Explanation:
As on December 31, entry to record the expense of Salaries which is accrued and not paid is
Salary A/c Dr.
To Salaries Payable
Now on the closing date, of previous year there is a liability outstanding of Salary Payable.
In the next year on 5th January the salary outstanding in opening balance sheet is paid.
For this, the payment will be made and accordingly, cash will be reduced.
Accordingly liability will be reduced for this, liability will be debited.
Therefore, correct option is
c. A debit to Salaries Payable and a credit to Cash.
Answer:
forward rates are determined by investors' expectations of future interest rates.
Explanation:
The expectations theory of the term structure of interest rates states that forward rates are determined by investors' expectations of future interest rates. It suggests that the predicted holding period rate of return of a bond of "x" number of time is equal to the short-term interest rate irrespective of its maturity.
The Expectations theory gives us the opportunity to predict the future outcome of short-term interest rates based on current long-term interest rates.
