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3 years ago

Investments are different from savings accounts in that they:

Business

2 answers:

Natalka [10]3 years ago

5 0

I think it is Carry a risk of losing money (A)

svetoff [14.1K]3 years ago

5 0

lower earning potential

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The following information is from ABC Company's general ledger: Beginning and ending inventories, respectively, for raw material

Sholpan [36]

Answer:

cost of goods manufactured= $176,000

Explanation:

Giving the following information:

Direct materials:

Beginning inventory= $16,000

Ending inventory= $20,000

Purchase= $72,000

WIP:

Beginning inventory= $40,000

Ending inventory= $44,000

Direct labor= $72,000

Manufacturing overhead applied= $40,000

T<u>o 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

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 16,000 + 72,000 - 20,000= 68,000

cost of goods manufactured= 40,000 + 68,000 + 72,000 + 40,000 - 44,000

cost of goods manufactured= $176,000

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3 years ago

Lisa agrees to sell Deb an electronic entertainment center worth $1,000 for $700 in order to have a rapid sale. Later Lisa insis

klemol [59]

Lisa agrees to sell Deb an electronic entertainment center worth $1,000 for $700 in order to have a rapid sale. Later Lisa insists that she may rescind this agreement since the agreed price was 30% below fair market value. Lisa may not rescind since Lisa and Debbie freely agreed.

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Internet-based entertainment that a user can view or hear: We anticipate that increased access to broadband will open up e-commerce and entertainment to everyone.

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2 years ago

On March 31 a company needed to estimate its ending inventory to prepare its first quarter financial statements. The following i

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D) 63,200 ……………….hope this helps

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Frank and lillian gilbreth developed the principle of _________, which said that every job could be broken down into a series of

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Frank and lillian gilbreth developed the principle of motion economy, which said that every job could be broken down into a series of elementary motions. The motion economy has principles that are in place to improve the manual work within a manufacturng career field. These are to help a manufacturer worker not be exhausted so quickly and reduce the trauma that may occur within this career field.

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3 years ago

Give the journal entry (FOR FULL CREDIT ALWAYS GIVE JOURNAL ENTRIES IN PROPER FORM: see Hints/FAQ tab for guidelines) when a bui

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The journal entry of a building being purchased will be, a debit in the building account by $60,000; and the cash account and payables account will be credited by $20,000 and $40,000 respectively.

<h3>What is a Journal Entry?</h3>

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Hence, the effect of the journal entry has been given above, and an image is also provided for better understanding of the concept for the readers.

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2 years ago