Answer:
The journal entry for the issuance and the proceeds of the note is shown below:
Explanation:
Cash A/c.........................Dr $600,000
Notes Payable A/c......Cr $600,000
The givens company received a amount of $600,000 from the bank, so cash is increasing and increase in cash is debited. Therefore, the cash account is debited. Whereas, the cash against a note payable, which increases the liability and any increase in liability is credited. Therefore, notes payable is credited.
Answer:
with the third doubling, the AVC = $9.11 per unit
Explanation:
The average variable cost (AVC) decreases by 10% with each doubling of cumulative output:
<u>Production level in units</u> <u>AVC per unit</u>
1,000 $12.50 per unit
2,000 $11.25 per unit
3,000 $10.13 per unit
4,000 $9.11 per unit
The four major components that go into the calculation of the U.S. GDP, as used by the Bureau of Economic Analysis, U.S. Department of Commerce are:<span>Personal consumption expenditures.
Investment.
Net exports.
<span>Government expenditure.</span></span>
Answer: Option (C) is correct.
Explanation:
Given that,
In Dept. A,
Direct labor cost = $60,000
Manufacturing overhead = $90,000
Direct labor-hours = 6,000
Machine-hours = 2,000
In Dept. B,
Direct labor cost = $40,000
Manufacturing overhead = $45,000
Direct labor-hours = 9,000
Machine-hours = 15,000
Predetermined overhead rates in Dept. A = 
= 
= 150%
In dept. B = 
= 
= $3
Answer:
A) Probability neglect
Explanation:
You probably have lived there so long that you neglect to see what the true crime is, and you honestly could care less if its at it all time high
