Answer:
Increase Assets (Supplies) and increase Liabilities (Accounts Payable).
Explanation:
In accounting the accounting equation is the basis for double entry recording of transactions. For every debit there must be an equal and credit.
Accounting equation= Liabilities+ Owners Equity
When Collins Landscape company made the purchase of landscaping supplies on account. That means the transaction was not payed for with cash, so there is an increase in accounts payable (a liability account)
We have an increase in landscaping supplies so Assets increases.
The journal entry will be a debit to Asset (supplies)to increase it, and a credit to account payable bro increase it.
Answer:
A) embed company culture.
Explanation:
All organizations change, they are like living beings that are born, grow up, mature and finally cease to exist. This life process of the organization shapes its culture, and unless you have worked in the organization since it was created, then you will not know about the organization's culture. This is where embedding the organization's culture kicks in. It is a teaching process by which "older" members of the organization, not necessarily in age, but in work time, teach new members about the organization's values, beliefs, expectations, etc. (basically its culture).
Provide buyers superior value relative to the offerings of rival sellers in order to attain a competitive advantage.
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Explanation:</u></h3>
The strategy or the plan that is being used by a company in a long term for the purpose of gaining advantage over the competitors of the similar field refers to the Competitive Strategy. The main aim of using competitive advantage in the creation of a defensive position so that the competitors will not compete with the company and also aims in attaining higher return on investment.
The types of competitive strategies are differentiation strategies,focus strategies and Cost-leadership strategies. Thus competitive strategies aims in providing superior value to the offerings given to the buyers and gaining a competitive advantage.
The risk free talks about how much the value is to another person. To find it out graph it ok a piece of paper and see how many it goes up to stock.
Answer:
$5,160
Explanation:
Predetermined Overhead Rate on Capacity = Total Estimated Manufacturing Overhead / Estimated Capacity for the Year
Predetermined Overhead Rate on Capacity = $34,840 / 29,000 MH
Predetermined Overhead Rate on Capacity = $1.20 MH
Actual use of capacity = 24,700 hours
Unused hours = 29,000 hours - 24,700 hours
Unused hours = 4,300 hour
Cost of unused capacity = 4,300 hours * $1.20 MH
Cost of unused capacity = $5,160