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3 years ago

Hansel and Gretel decide to organize a partnership. Hansel invests $15,000 cash, and Gretel contributes

Business

1 answer:

Dahasolnce [82]3 years ago

4 0

Answer:

c. Cash....................................................................................... 12,000

Equipment .................................................................... 6,000

Gretel, Capital .......

Explanation:

The journal entry is as follows;

Cash Dr $12,000

Equipment Dr $6,000

To Gretel capital $18,000

(Being the investment done by gretel is recorded)

Here the cash and equipment is debited as it increased the assets while on the other hand the capital account is credited as it also increased the shareholder equity

Therefore the option c is correct

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At the beginning of the period, the Cutting Department budgeted direct labor of $52,350 and supervisor salaries of $42,150 for 3

xxTIMURxx [149]

Answer:

$77,000

Explanation:

Direct Labor = $52,350 (Its varies with the number of Production hours). Hence, $52,350 for 3,490 hours

For 3,800 hours, (52,350/3,490) * 3,800 = $57,000

Supervisor Salaries = $20,000 (Since the Supervisor Salary is not an incremental cost, it is a fixed one). So, the Supervisor Salaries remain $20,000

Net budget (flexible) = $57,000 + $20,000

Net budget (flexible) = $77,000

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3 years ago

question content area if $354,000 of 10% bonds are issued at 95, the amount of cash received from the sale is

Ludmilka [50]

The amount of cash received from the sale is calculated to be $336,300.

The amount of cash received from the sale of bonds can be calculated by using the following formula;

Cash received = Face value of bond × Bond quote

Since $354,000 of 10% bonds are issued at 95 in this case, therefore we substitute the values in the equation to determine the amount of cash received from the sale as follows;

Cash received = $354,000 × (95 / 100)

Cash received = $354,000 × 0.95

Cash received = $336,300

Therefore $336,300 cash is received from the sale if $354,000 of 10% bonds are issued at 95

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1 year ago

Another name for a negotiated labor-management agreement is a?

statuscvo [17]

Another name for a negotiated labor-management agreement is a Collective bargaining agreement (CBA).

<h3>What is Collective bargaining agreement ?</h3>

Collective bargaining agreement can be regarded as the contract which encompass results of the negotiations that exist between the employer and the union.

Therefore, Another name for a negotiated labor-management agreement is a Collective bargaining agreement (CBA).

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2 years ago

How does the role of the department of labor (DOL) in the economy differ from that of the securities and exchange commission(SEC

Delicious77 [7]

Answer:

B) The DOL protects workers while the SEC oversees the stock market.

Explanation:

The department of labor primary responsibilities is catering to the welfare of retirees, job seekers, and workers. The DOL promotes the well-being of employees by advocating for better working conditions and protecting their health care and retirement benefits. Department of Labor seeks to have employees profit from their time in employment. It administers several laws that concern workers, such as the occupation, health and safety, and the minimum wages.

The Securities and Exchange Commission (SEC) is a federal agency body that regulates the securities industry. The SEC proposes the rules in the securities exchange and options markets. The body promotes and demands integrity and fair practices from all players in the securities exchange industry.

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3 years ago

South Coast Appliance Store is a small company that has hired you to perform some management advisory services. The following in

love history [14]

Answer:

The correct answer is A.

Explanation:

Giving the following information:

Sales (6,000nits*$1,000) $6,000,000

Cost of goods sold 870,000 (145 a unit)

Store manager's salary per year 192,000

Operating costs per year 305,000

Advertising and promotion per year 40,000

Commissions (4.1% of sales) 246,000

We will separate in variable and fixed costs:

Fixed costs:

Store manager's salary per year 192,000

Operating costs per year 305,000

Advertising and promotion per year 40,000

Variable costs:

COGS= 145*8,900= 1,290,500

Commission= 0.041*(8,900*1,000)= 364,900

Total costs= fixed costs + variable costs

Total costs= $2.192,400

4 0

3 years ago