Her children will not inherit any of her assets
Answer: a.may increase while conversion costs decrease because the two are separately calculated and depend on separate costs.
Explanation:
When the cost of production report is being used to analyze change in direct materials cost per equivalent unit when compared to the conversion cost per equivalent unit, we should note that an investigation may end up showing that the fluctuation in the the direct materials costs which then brings about an increase or a decrease.
Therefore, the correct option is A "may increase while conversion costs decrease because the two are separately calculated and depend on separate costs".
Answer:
Eastern Data Links Corporation
Journal entries
Step 1.
Issuance for Common stock at a premium in exchange for cash
Feb 12,
Dr. Cash account with $18,000,000
Cr. $1 Ordinary share Capital Account with $2,000,000
Cr. Ordinary share premium Account with $16,000,000
(Being $18million received for 2million shares valued at $1 and sold at a premium of $9)
Step 2.
Issuance for Common stock at a premium in settlement of a liability due
Feb 13,
Dr. Accounts Payable account with $360,000
Cr. $1 Ordinary share Capital Account with $40,000
Cr. Ordinary share premium Account with $320,000
(Being $360,000 legal expense liquidation in exchange of 40,000 shares valued at $1 and sold at a premium of $9)
Explanation:
<u>5.1 Discuss the role of personal selling in promoting products. What advantages does personal selling offer over other forms of promotion?</u>
Personal selling is a traditional sales method that consists of a more personalized service and a more efficient product promotion compared to other forms of promotion. This is due to the fact that, in a personal sale, there is the direct influence of the seller to explain the functionalities and characteristics of a product, which is usually done using sales and negotiation techniques that directly influence the buyer to feel the need for the product that is being promoted. The advantages of personal selling as opposed to other types of promotion, is the possibility of reducing the time and effort of purchase, since in this type of sale, the seller goes to the customer to offer the product.
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<u>5.2 What are the major advantages of personal selling to the company selling a product? What are the advantages to the person or company buying the product?</u>
The biggest advantages of personal selling for the company that sells a product is the greater possibility of having a closed purchase, since the potential sales are made with your potential customers. There is also a decrease with other types of product promotion, which can be costly, such as advertising an advertisement on television, and which may not generate the expected goal of increasing product sales.
The advantages for the person or company that buys the product is the possibility of knowing and seeing the functionality of the product before purchasing and the possibility of negotiating and providing meaningful feedback, which can influence the seller to make the sales proposal more flexible by making it more attractive to the customer. Personal selling also creates value for the customer, as the service is personalized, based on their profile, characteristics, desires and needs.
Answer:
A. central
Explanation:
The central banking system of America or the Federal Reserve System was created in December 1913, through the enactment of the Federal Reserve act. It was founded by the Congress to provide a stable, safe, and flexible financial and monetary system. The formation of the central banking system was brought about by the desire to have control of the monetary system to alleviate financial crises.
The central banking system performs various functions that are significant to the economic stability and growth in the US. A few of those functions include.
- Implement monetary polices to influence stable prices, achieve target unemployment and inflation rates.
- Regulating and supervising commercial bank activities in the US.
- Providing a secure and safe payment system in the country
- Acts as the lender of the last resort
