For Accounting, I need help knowing how to journalize the following transaction:

Suppose that a firm begins to hire workers for a newly completed plant with a fixed amount of machinery. As the firm hires addit

anastassius [24]

Answer: Rise initially, but eventually fall.

Explanation:

The increase in the workers brought would increase the marginal product; there would be increase in production based on the number of persons that were engaged but the marginal cost might eventually fall in the future because of human management and resilience from the workers that were brought

8 0

2 years ago

StuckinMyHouse book company is a boutique shop that produces a small selection of adult coloring books. The first quarter 2020 M

suter [353]

Answer:

Labour rate variance = $260 favourable

Explanation:

The rate variance would be the difference between the standard labour cost of the 2,300 units sold and the actual labour cost

Standard labour cost (3600/1200× 2300) 6,900

Actual labour cost 6, 640

labour rate variance $260 favourable

The variance is favourable because the StuckinMyHouse book company saved $260 as a result of of his actual cost been less than the expected cost.

6 0

3 years ago

You are the project manager assigned to a project to upgrade an old bus shelter. The shelter is located along South Street trave

Zarrin [17]

Answer:

Risks of the project include

disruption in the highway during renovation process. - High risk

Poor material used in the construction - High risk

Rainfall may delay the work process. - Medium risk

Traffic flow management will be difficult during peak hours. - Medium risk

Dust and noise during the construction will disturb the society. - Low risk

Explanation:

The risk register includes Risk description, its impact in terms of probability and measures to mitigate such risk. There are many potential risks that are associated with the construction of the bus shelter. The risks are not acceptable as the highway disruption should be kept to minimum and any delay in the work is not tolerable. These risks are reduced by deploying extra labors so that the renovation work is completed on time.

4 0

3 years ago

Salespeople who love their products, and possess vast product knowledge, sometimes overload their customers with product data th

Svetach [21]

Answer:

Option D Data Dump

Explanation:

The provision of the unneccesary data alongwith the other necessary data to the user is reffered to as Data dumping. Data dumping by the salesperson might affect the opinion because the customer might change his mind to buy a specific product or postpond purchasing the product.

5 0

2 years ago

The Lunch Counter is expanding and expects operating cash flows of $32,500 a year for seven years as a result. This expansion re

storchak [24]

Answer:

$109,688.89

Explanation:

According to the scenario, computation of given data are as follows,

Formula for Net present value are as follows,

NPV = -Investment in fixed asset - Net working Capital + Operating cashflow × ( 1 - $(1+r)^{-n}$ ) ÷ r + Net working capital × $(1+r)^{-n}$

Where, r = rate of return

n = number of years

By putting the value, we get

NPV = -28,000 - 2,800 + 32,500 × ( 1 - $(1+0.14)^{-7}$ ) ÷ 0.14 + 2,800 × $(1+0.14)^{-7}$

By solving the above equation, we get

NPV = $109,688.89

8 0

3 years ago