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3 years ago

Problem statements in business reports are most effective when their matter-of-fact tone downplays the urgency of the problems.

1 answer:

7 0

The statement above is FALSE.
Problem statements in business reports must state the situation of things exactly the way they are. If there is a need to make an urgent move, then this should be made known using words that precisely state how urgent the situation is.

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Suppose that in 2017, a typical U.S. student attending a state-supported college bought 10 textbooks at a price of $110 per b

Tatiana [17]

Answer:

2017 Price Index is 100
2018 Price Index is 111

Explanation:

The Price Index for any given Base year is always 100. 2017 is staed to be the base year so it's price index is 100.

2018

The Student Price Index can be calculated using the formula;

SPI = $\frac{cost of basket of goods in the year of interest}{Cost of the basket of goods in the base year} * 100$

= $\frac{(10 * 120) + (30* 390)}{(10 * 110) + (30 * 350)}$ * 100

= $\frac{12,900}{11,600} * 100$

= 111.21

= 111

3 0

3 years ago

A logo and/or the business or organization's name generally appears at or near the ____ corner of a webpage to help visitors ide

Oksana_A [137]

The answer to this question is Upper-left
The creator of a website will generally want that the visitors wanted to know who are responsible in making the content.
Because of this, they usually put their name on the upper left because most people will start reading a page from that spot

4 0

3 years ago

For each separate case, record the necessary adjusting entry. On July 1, Lopez Company paid $1,200 for six months of insurance c

kenny6666 [7]

Answer:

Explanation:

The adjusting entries are shown below:

1. Insurance expense A/c Dr $1,200

To Prepaid insurance A/c $1,200

(Being prepaid insurance is adjusted)

2. Supplies expense A/c Dr $6,200

To supplies A/c $6,200

(Being supplies adjusted)

The supplies at the end of the year is computed below:

= Supplies account balance + purchase of supplies - available supplies

= $5,000 + $2,000 - $800

= $6,200

5 0

3 years ago

Fill in the blank label in the above figure.

djyliett [7]

Answer:

C. Margin

Explanation:

I just took the PF test.

7 0

3 years ago

The Assembly Department produced 1,000 units of product during March. Each unit required 1.25 standard direct labor hours. There

frutty [35]

Answer:

Debit Work in process for $15,625

Debit Direct labor time variance for $625

Credit Direct labor rate variance for $650

Credit Wage payable for $15,600

Explanation:

Before preparing the journal, the following calculations are done first:

Wage payable = Actual hours * Actual rate per hour = 1,300 * $12 = $15,600

Direct labor time variance = (Actual hours - Standard hours) * Standard direct labor rate = (1,300 - (1,000 * 1.25)) * $12.50 = $625 Unfavorable

Note: Direct labor time variance is Unfavorable because Actual hours is greater than Standard hours.

Direct labor rate variance = (Actual rate - Standard rate) * Actual hours = ($12 - $12.50) * 1,300 = -$650 Favorable

Note: Direct labor rate variance if Favorable because Actual rate is lower than the Standard rate.

Work in process = Wage payable + Absolute value of direct labor rate variance - Direct labor time variance = $15,600 + $650 - $625 = $15,625

The journal entries will now look as follows:

Date Particulars Debit ($) Credit ($)

Mar. 31 Work in process 15,625

Direct labor time variance 625

Direct labor rate variance 650

Wage payable 15,600

(To record the direct labor in the Assembly Department.)

4 0

3 years ago