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sashaice [31]
3 years ago
13

On January 1, DogMart Company purchased a two-year liability insurance policy for $32400 cash. The purchase was recorded to Prep

aid Insurance. How much would be the January 31 amount recorded to expense (use two decimals)?
Business
1 answer:
aleksley [76]3 years ago
4 0

Answer: $1,350

Explanation:

The insurance is for 2 years but has to be apportioned monthly on account of the Accrual basis in Accounting where expenses will only be recognized when they are incurred.

The expense to be recorded for the first month will therefore be:

= 32,400 / 24 months

= $1,350

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Suppose 20.0 g pieces of gold and iron, both initially at 100oC, are added to different containers of water, both initially at 2
Sauron [17]

Answer:

  • The final temperature in the container with Gold is 27.49 ⁰C
  • The final temperature in the container with Iron is  33.01  ⁰C

Therefore, the highest final temperature is obtained in the container with Iron.

Explanation:

Q = mcΔT

Where;

Q is the quantity of heat gained or lost

m is the mass of the metals or water

c is the specific heat capacity

ΔT is the change in temperature, T₂ - T₁

T₂  is the final temperature and T₁ is the initial temperature

Heat lost by metals at 100°C is equal to heat gained by water at 25°C

-Q_{metal} = Q_{water}

-Q_{Au} = Q_{H_2O} \\-Q_{Fe}  = Q_{H_2O}

Specific heat capacity of water = 4.18 J/g°C

Specific heat capacity of gold = 0.129 J/g°C

Specific heat capacity of iron  = 0.45 J/g°C

⇒For Gold

-20*0.129*(T₂ - 100) = 18*4.18 (T₂ - 25)

-2.58T₂ +258 = 75.24T₂  - 1881

77.82T₂  = 2139

T₂  = 2139/77.82

T₂ = 27.49 ⁰C

⇒For Iron

-20*0.450*(T₂ - 100) = 18*4.18 (T₂  - 25)

-9T₂  +900 = 75.24T₂ - 1881

84.24T₂ = 2781

T₂  = 2781/84.24

T₂ = 33.01  ⁰C

Therefore, the highest final temperature is obtained in the container with Iron.

5 0
3 years ago
Which of the following is not a form of retaliation commonly experienced by whistle-blowers?
Allisa [31]

Answer:

E.)Praise by supervisors for their honesty

Explanation:

7 0
4 years ago
Broward Corp. owns 1,500 shares of Silver Fox Corporation common stock. Broward Corp. purchased the 1,500 shares on April 17,200
Alborosie

Answer:

Disallowed loss = 1428.57

Explanation:

given data

                   Units      total cost

17 Apr, 09           1500   20000

8 Dec, 14             -750   -5000

2 Jan, 15              250    1750

2 Jan, 15                50    1000

solution

we get  here Broward  realized and recognized loss that is

The loss or gain on sale         (5000 - 20000 ÷ 2)    -5000

Allowed loss                          (750 ÷ 1050) × 5000     3571.43

Disallowed loss                                                             1428.57

6 0
3 years ago
Pierce & Company provides the following information concerning the work in process at its plant:
Colt1911 [192]

Answer:

70,100 units and 53,244 units

Explanation:

The computation of the equivalent units for material and conversion cost using the weighted-average method is shown below:

For material

= Transferred out units × completion percentage + ending inventory units × completion percentage

= 50,500 units × 100% + 19,600 units × 100%

= 50,500 units + 19,600 units

= 70,100 units

For conversion

= Transferred out units × completion percentage + ending inventory units × completion percentage

= 50,500 units × 100% + 19,600 units × 14%

= 50,500 units + 2,744 units

= 53,244 units

We simply applied the above formulas

6 0
3 years ago
Charlotte was asked to select a suitable material supplier for her boutique over the weekend. Since Charlotte had plans of meeti
mezya [45]

Answer: Satisficing

Explanation:

  According to the given question, the Charlotte's strategy for the decision making process is one of the example of satisficing.

The satisficing is one of the type of tendency is that helps in searching for the alternatives solutions until the best solution is found based on the needs and the standard.

The main aim of the satisficing is that it focuses on the various types of pragmatic efforts or the optimal outcome based on the available time and the resources. Therefore, Satisficing is the correct answer.    

 

6 0
3 years ago
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