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Art [367]
3 years ago
7

Journalize the following transactions for Combs Company.

Business
1 answer:
Anarel [89]3 years ago
5 0

Answer: See explanation

Explanation:

a. Debit: Raw material $12000

Credit: Account payable $11500

Credit: Material price variance $500

(To record material purchase)

b. Debit: Work in process 11600

Credit: Raw material 11200

Credit: Material price variance 400

(To record material issued)

Note:

Material price variance for (a)= 12000 - 11500 = 500

Work in progress = 5800 × 2 = 11600

Material price variance for (b) = 11600 - 11200 = 400

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Serjik [45]

Answer:

<em>Theory of justice </em>

Explanation:

A Justice Theory is a 1971 work of John Rawls ' political philosophy and ethics, whereby the writer addresses the problem of distributive justice.

The principle uses a revised sort of Kantian philosophy and a variant form of conventional theory of social contracts.

7 0
3 years ago
Which of the following is true? Group of answer choices The price of gold increases when the economy is stable The DJIA is the c
andrey2020 [161]

Answer:

Which of the following is true?

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b)The DJIA is the cost of capital for U.S companies

c)NASDAQ index focuses on large cap stocks and the energy sector

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Answer = E

Explanation:

U.S treasury yield represents the risk free rate demanded by investors because its assumed that U.S is risk free, so for companies in the U.S looking for capital over a long period of time the usual use 30-yr Treasury yield as their cost of capital because its represents what they could have invested their funds in at no risk.

8 0
3 years ago
The financial statements of Gervais Manufacturing Company report net sales of $500,000 and accounts receivable of $80,000 and $4
marissa [1.9K]

Answer:

The answer is: 44 days

Explanation:

First we have to calculate accounts receivable turnover for Gervais Manufacturing:

= $500,000 / [($80,000 + $40,000) / 2] = $500,000 / $60,000 = 8.33 times

Then to calculate the average collection period for accounts receivable we:

= 365 days / 8.33 = 43.8 days ≈ 44 days

8 0
3 years ago
The _____ protects the rights of individuals forty years old and older.
lys-0071 [83]

Answer:

The Age discrimination Act of 1967 protects the rights of individuals forty years old and above.

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The age discrimination Act includes a broad ban against age discrimination against workers over the age of forty and also specially prohibits; discrimination in hiring, promotion, wages and termination of employment and lay offs

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3 years ago
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I had to look for the options and here is my answer:

Emerging adulthood has been the stage wherein optimal time for athletic achievement, hard physical work, and successful reproduction is considered a priority. The answer that best fits the blank is SUCCESSFUL REPRODUCTION. Hope this helps.
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3 years ago
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