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Vlada [557]
2 years ago
8

A company had $43 missing from petty cash that was not accounted for by petty cash receipts. The correct procedure is to:

Business
1 answer:
iVinArrow [24]2 years ago
6 0
Answer: The correct procedure is to “debit cash over and short for $43”.
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Johnson and Gomez, Inc. is a small firm involved in the production and sale of electronic business products. The company is well
IceJOKER [234]

Answer:

$158 and $200

Explanation:

3 0
2 years ago
See the production possibility tables for Marketopia and Econlandia below. Marketopia Econlandia Cookies Pies Cookies Pies 0 18
nordsb [41]

Answer: Marketopia has a comparative advantage in the production of pies.

Explanation:

The bakery with the comparative advantage in any of the goods is the one that has a lower opportunity cost in making it.

Marketopia.

Opportunity cost of Cookies = 18/30 pies = 0.6 pies

Opportunity cost of pies = 30/18 pies = 1.67 cookies

Econladia

Opportunity cost of Cookies = 9/90 pies = 0.1 pies

Opportunity cost of pies = 90/9 pies = 10 cookies

<em>It is shown that Marketopia has a comparative advantage in the production of pies because the opportunity cost of such is 1.67 cookies as opposed to Econladia which is 10 cookies. </em>

8 0
3 years ago
At the beginning of the year, manufacturing overhead for the year was estimated to be $477,590. At the end of the year, actual d
neonofarm [45]

Answer:

At the beginning of the year used in the predetermined overhead rate must have been $16.30 per labor hour

Explanation:

Estimated manufacturing overhead = $477,590

Actual Labor hours = 29,000

Actual Manufacturing overhead = $472,590

Over application of manufacturing overhead = $110

As we know:

Over applied manufacturing overhead = Manufacturing overhead applied - Actual manufacturing overhead

$110 = Manufacturing overhead applied - $472,590

Manufacturing overhead applied = $110 + $472,590

Manufacturing overhead applied = $472,700

Manufacturing overhead applied = Actual Labor Hours x Predetermined overhead rate

$472,700 = 29,000 hours x Predetermined overhead rate

Predetermined overhead rate = $472,700 / 29,000 hours

Predetermined overhead rate = $16.30 per labor hour

7 0
3 years ago
Genuineness, or reality, of agreement is said to be present in a contract when there is?
hichkok12 [17]

The correct answer is a true meeting of the minds.

Genuineness, or reality, of agreement is said to be present in a contract when there is a true meeting of the minds.

What is Genuineness or reality of aggreement?

  • Genuine Consent may be a total understanding between two competent parties.
  • A party who illustrates that he or she did not truly consent to the terms of a contract may void the contract.
  • Veritable consent may be missing due to botch, false distortion, undue impact or pressure.
  • All parties must lock in within the assention openly. A contract may not be upheld on the off chance that one or more parties have made botches within the dialect.
  • Moreover, a contract may be voided in case one party has committed extortion or applied undue impact over another.
  • For case, you sign a contract in which you concur to offer your house to your next-door neighbor for $1. Once you marked the contract, your neighbor was undermining you. Clearly, you made the understanding beneath pressure, so the contract isn't substantial.

To know more about Genuineness or reality of aggreement visit:

brainly.com/question/28175712

#SPJ4

8 0
1 year ago
If 9,000 fans bought tickets totaling $135,000, what was the average revenue per ticket?
son4ous [18]
In order to find the average, divide the total cost which is $135,000 by the number of fans 9,000.. your answer would be $15.00 per person.
4 0
2 years ago
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