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Aleks [24]
3 years ago
11

The journal entry to record direct labor used in process costing is a(n): Multiple choice question. increase in assets and an in

crease in equity. decrease in assets and a decrease in liabilities. decrease in assets and a decrease in equity. increase in assets and an increase in liabilities.
Business
1 answer:
amid [387]3 years ago
6 0

Answer:

Increase In Assets and an increase in liabilities

Explanation:

DIRECT LABOUR can be seen or defined as the labour a person or an individual put in the production of goods and services in which they are been paid for as wages.

Therefore The journal entry to record DIRECT LABOR USED IN PROCESS COSTING is a(n):

INCREASE IN ASSETS and AN INCREASE IN LIABILITIES reason been that in direct labour used in process costing an increase in Asset will as well lead to Increase in Liabilities.

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Heather Smith is considering a bond investment in Locklear Airlines. The $1,000 par value bonds have a quoted annual interest ra
Mrrafil [7]

Answer:

The answer is $788.12

Explanation:

Price of the bond is what the issuer will pay for the bond

The payment is semiannual.

Number of years (N) - 20 periods (10 years x 2)

Yield-to-maturity(YTM) - 7%( 14% ÷ 2)

Present Value(price of bond) = ?

Future Value(FV) = $1,000

Payment Coupon(PMT) = $50[(10% x $1000) ÷ 2]

Using a Financial calculator, price of the bond on semiannual basis is

$788.12

3 0
3 years ago
Rather than have the top level of management make all the decisions, Jake's company gives all lower-level managers the authority
Natasha_Volkova [10]

Answer:

Decentralised organisation

Explanation:

Decentralised organisation are those in which most of the authority to perform tasks is given to.lower level management or even individual teams.

This results in a system where decisions are made faster.

Also a small amount of control is maintained for major decisions.

In the given instance Jake's company gives all lower-level managers the authority to make decisions for his or her department, this is a decentralised organisational system

6 0
3 years ago
__________________ is a political system in which the government tolerates little or no opposition but permits nongovernmental c
Luba_88 [7]

Answer:

Authoritarianism

Explanation:

an authoritarianism government will not tolerate opposition but will permit the existence of debate on some issues of public policy.

Is important to notice that Decracy does allow for opposition to the  government and relies on a healty opposition to keep the system working

While Totalitarianism will not tolerate any kind of though which is not in their belief system

7 0
3 years ago
What are the two most important chemical reactions on earth?
viva [34]
Photosynthesis and respiration 
8 0
3 years ago
The top management of Wisniewski Automobile Parts Inc. has decided that the company's objective for the next two years will be t
Mkey [24]

Answer:

Strategic planning

Explanation:

Strategic planning is defined as the process by which a business outlines direction and strategy. It also involves decision on how the business will allocate it's resources to achieve its strategic goals.

Strategic plan involves formulation of mission, vision, and plan of action that will make the business achieve set goals.

In this scenario top management of Wisniewski Automobile Parts Inc. has decided that the company's objective for the next two years will be to expand the overall business internationally. This is the strategic plan of the business for the next two years

3 0
3 years ago
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