Answer:
d. An asset should be debited for $1,000 in November
Explanation:
The movement (change) between the opening and ending balance of the supplies account is dependent on two factors;level of purchases and quantity used. The equation showing the relationship is
Opening balance + purchases - quantity used = ending balance
6000 + 2000 - quantity used = 1000 (all amounts in $)
Quantity used = $7000
Considering the options
a. During November, the company used $7,000 of supplies - True
b. Supplies should be reported at $1,000 on the balance sheet - True
.c. An expense should be debited for $7,000 in November. - True
d. An asset should be debited for $1,000 in November - False
Asset would have been debited with the purchase for $2,000
Jeff's Pretzels is a small but well-known company that receives thousands of job applications every year, though it only fills about 50 positions annually. joel's human resource practices are one of the driving factors that attract potential employees. Joel's pretzels are an example of: an employer of choice
<h3>What is an
employer of choice?</h3>
Generally, In addition, according to Higgs, the purpose is not just doing something worthwhile and working for an organization you believe in, but it is also inextricably tied to the quality of one's work.
"In addition to having a purpose that goes beyond making a profit, one of the factors that make an employer of choice is employment that has meaning."
Although it only hires for roughly fifty jobs each year, despite being a very tiny business, Jeff's Pretzels gets thousands of job applications each year despite the fact that it is rather well-known.
The way that Joel handles human resource matters is one of the primary attractions for anyone who could be interested in working with him. Employer of choice is an example that can be seen with Joel's Pretzels.
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CQ
jeff's pretzels is a small but well-known company that receives thousands of job applications every year, though it only fills about 50 positions annually. joel's human resource practices are one of the driving factors that attract potential employees. joel's pretzels is an example of:......
Answer:
a. $259.70
Explanation:
Note: The full question is attached as picture below
Predetermined overhead rate = 2 + (294300/32700)
Predetermined overhead rate = $11
Job T687 Total cost = Direct materials cost + Direct labor cost + Overhead applied
Job T687 Total cost = 545 + 1090 + (20*11)
Job T687 Total cost = 545 + 1090 + 220
Job T687 Total cost = 1855
Cost per unit = $1,855 / $10
Cost per unit = $185.5
Selling price per unit = Cost per unit + Mark-up price
Selling price per unit = $185.5 + $185.5*40%
Selling price per unit = $185.5 + $74.20
Selling price per unit = $259.70
Answer:C.Market Share
Explanation:Market Share. A company's market share refers to the overall percentage of all products that the final the company has on the market. It is calculated based on dividing a company's sales by the overall sales they make in that particular category. If it sells all its products in the market it will get 100% share and that makes that company to be a monopoly.
If the company sells all the product in a market, it will have a 100 percent share—and it will have a monopoly.
Answer:
52,700 units
Explanation:
The data allows us to use the Weighted Average Method only
equivalent units of production
direct materials = 50,000 x 100 % + 3,600 x 75% = 52,700 units
Therefore,
the equivalent units of production for direct materials would be 52,700 units