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Ira Lisetskai [31]
3 years ago
13

Childers Company, which uses a perpetual inventory system, has an established petty cash fund in the amount of $400. The fund wa

s last reimbursed on November 30. At the end of December, the fund contained the following petty cash receipts: December 4 Freight charge for merchandise purchased $ 62 December 7 Delivery charge for shipping to customer $ 46 December 12 Purchase of office supplies $ 30 December 18 Donation to charitable organization $ 51 If, in addition to these receipts, the petty cash fund contains $201 of cash, the journal entry to reimburse the fund on December 31 will include:
Business
1 answer:
Sergio [31]3 years ago
7 0

Answer:

A credit to Cash of $299

Explanation:

Journal Entry                     Debit    Credit

Merchandise inventory      $62

Delivery charges                 $46

Office supplies                    $30

Miscellaneous expenses    $51

Cash over and short             $100

Cash                                                   $299

Cash to be reimbursed = Minimum cash balance required - Cash balance left

Cash to be reimbursed = $500 - $201

Cash to be reimbursed = $299

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dusya [7]

a. The point on the graph shows that if the country produces 8 million alarm clocks, it can only produce 16 million DVD movies is point B.

b. The point on the graph that shows if the country produces 6 million DVD

movies, it can produce 20 million alarm clocks is point D.

c. If the country produces 25 million alarm clocks, the number of DVD movies it can produce is 0.

d. If  the country produces 20 million DVD movies, the number of alarm clocks it can produce is 0.

e. The number of alarm clocks it can produce is 15 million.

f. Point G on the graph represents inefficient production.

g. Point F on the graph show unattainable production levels.

<h3>What is the production possibility curve?</h3>

The production possibilities frontiers is a curve that shows the various combination of two goods a company can produce when all its resources are fully utilised.  The PPC is concave to the origin.

Point outside the curve or to the right of the curve means that the production level is not attainable given the level of resources Points inside the production possibilities curve means that the nation's resources are not being fully utilised.

For more information about the production possibility curve, please check: brainly.com/question/25774783

6 0
2 years ago
1. Classify the following manufacturing costs of Business Solutions as (a) variable or fixed and (b) direct or indirect. 2. Prep
Nat2105 [25]

Answer:

Cost of goods manufactured= $3,120

COGS= $2,750

Explanation:

<u>To calculate the cost of goods manufactured, we need to use the following formula:</u>

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

Cost of goods manufactured:

beginning WIP= 0

direct materials= 2,200

Direct labor= 1,000

Factory overhead= 520

Ending work in process= 600

Cost of goods manufactured= $3,120

<u>Now, we can determine the cost of goods manufactured:</u>

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 0 + 3,120 - 370

COGS= $2,750

4 0
2 years ago
Hilton Hotels has diversified its lodging brands by adding Curio Collection, Tapestry Collection, and Canopy by Hilton, properti
Aloiza [94]

Answer:

The correct answer is D

Explanation:

Diversified is the term which is described as diverse or the varied. The hotels wants to have the different or varied brands so that the properties offer the personalized services, stylish and distinctive decors, which attract the professionals seeking the different alternatives.

So, in order to enhance the differentiation of the brands, the hotel should seek out or reach out the inputs which are of low quality.

6 0
3 years ago
5. Consider a firm redesigning its logistics network. What are the advantages to having a small number of centrally located ware
damaskus [11]

Answer:

Explanation:small number of centrally locates warehouses will make their products readily available in needed small quantities. While having a larger warehouse nearer to the end customers will make the product easily accessible

8 0
2 years ago
These too. Again I will post more
Varvara68 [4.7K]

The answer is D




hope it helps :P


7 0
2 years ago
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