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Gemiola [76]
3 years ago
15

Required information

Business
1 answer:
DaniilM [7]3 years ago
5 0

Answer:

Dr Employee benefits expenses 32,000

Cr Employee medical insurance payable 12,000

Cr Employee retirement program payable 20,000

Explanation:

Preparation for the December 31 entry for Marr

Dr Employee benefits expenses 32,000

(20,000+12,000)

Cr Employee medical insurance payable 12,000

Cr Employee retirement program payable 20,000

($200,000*10%)

(Being to record employee benefits expenses)

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Lara Technologies is considering a cash outlay of $227,000 for the purchase of land, which it could lease out for $36,150 per ye
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Answer:

the opportunity cost of the land purchase is $34,050

Explanation:

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= Cash outlay × return percentage

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Hence the opportunity cost of the land purchase is $34,050

We simply multiplied the cash outlay with the return percentage so the same would be calculated

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3 years ago
An unfavorable materials quantity variance indicates that:.
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An unfavorable materials quantity variance indicates that the actual usage of materials exceeds the standard material allowed for output.

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2 years ago
The hiring of applicants based on criteria that are not job-related is called:
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