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2 years ago

Which of the following is true about the ethics line

Business

1 answer:

Arturiano [62]2 years ago

8 0

Answer: All of the above

Explanation:

The options include:

a. It's available 24 hours a day, 7 days a week.

b. All reports are handled in a highly confidential manner.

c. You do not have to identify yourself on the call.

d. All of the above.

An ethics line refers to the anonymous on-line system which can be used by an employee to report bad behavior or something unethical or illegal.

Ethics line are typically available 24 hours a day, 7 days a week and reports made are confidential. Therefore, the correct option is "All of the above".

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A NASDAQ security is bid at $30.25 and offered at $30.75. An over-the-counter trader effects a trade at $30.75 and charges a com

Angelina_Jolie [31]

Answer:

$30.75

Explanation:

Given that

Security bidding = $30.25

Offered price = $30.75

over the counter trading = $30.75

Commission charged = $0.50

based on the above information, the price that shows on the tape is equivalent to the over the counter trading price i.e $30.75 also it does not include the commission charged i.e $0.50

Hence, the price is $30.75

6 0

2 years ago

Gipple Corporation makes a product that uses a material with the quantity standard of 7.8 grams per unit of output and the price

Roman55 [17]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Standard quantity= 7.8 grams per unit of output

Standard price= $6.50 per gram.

During the month the company purchased 27,900 grams of the direct material at $6.70 per gram.

To calculate the material price variance, we need to use the following formula:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (6.5 - 6.7)*27,900

Direct material price variance= $5,580 unfavorable.

It is unfavorable because the actual price was higher than estimated.

4 0

2 years ago

The City of Oxbow General Fund has the following net resources at year-end:

Delvig [45]

Answer:

$1,622,000

Explanation:

Preparation of the fund balance section of the balance sheet.

Partial Balance Sheet-General Fund

As of December 31

FUND BALANCES SECTION OF THE BALANCE SHEET

Nonspendable:

Prepaid Insurance $10,000

Restricted:

Intergovernmental Grants $250,000

Emergency services $26,000

Committed:

Rainy Day Fund $600,000

Capital Projects $275,000

Assigned:

Unassigned $461,000

TOTAL fund balance $1,622,000

Therefore the fund balance section of the balance sheet will be $1,622,000

7 0

2 years ago

Wessner Corporation has provided the following information: Cost per Unit Cost per Period Direct materials $ 6.20 Direct labor $

monitta

Answer:

d. $13.00

Explanation:

contributon margin = selling price - variable cost

sales price: $25 per unit

<u>list of variable cost:</u>

Direct mateirals 6.20

Direct labor 2.80

variable overhead 1.45

sales commisions 1.00

adminsitrative variable<u> 0.55 </u>

total variable cost 12.00

$25 selling price per unit - $12 variable cost per unit =

$13 contribution margin per unit

This is the amount each units "contributes" to ay the fixed cost and make a gain during the period.

6 0

2 years ago

A materials requisition slip showed that direct materials requested were $36000 and indirect materials requested were $6000. The

Svetlanka [38]

Answer:

The entry to record the transfer of materials from the storeroom is

Debit Work in process $ 36,000

Debit Factory overhead control $ 6,000

Credit Material Account $ 42,000

The material is accounted in material stock account when purchase. Latter if material is used directly it is taken in work in process account. Indirect material is accounted in FOH account.

5 0

3 years ago