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True [87]
2 years ago
15

Replenishing the Petty Cash Fund

Business
1 answer:
liq [111]2 years ago
4 0

Answer:

Explanation:

Postage expense.           1320

freight out.                       1140

miscellaneous exp.           150

          Cash.                                          2610

to replenish petty cash account

note that pettty cash is only debited or credited when you are increasing Or decreasing the petty cash fund. This entry appears to be only replenishing the petty cash account.

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Byrd Company produces one product, a putter called GO-Putter. Byrd uses a standard cost system and determines that it should tak
torisob [31]

Answer:

Results are below.

Explanation:

Giving the following information:

Estimated direct labor hours= 135,000

Estimated varaible overhead= $337,500

Estimated fixed overhead= $540,000

<u>To calculate the predetermined overhead rate, we need to use the following formula:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

<u>Variable:</u>

Predetermined manufacturing overhead rate= 337,500/135,000= $2.5 per direct labor hour

<u>Fixed:</u>

Predetermined manufacturing overhead rate= 540,000/135,000= $4 per direct labor hour

3 0
3 years ago
What is the difference between having a co-signer and becoming an authorized user?
prohojiy [21]

Answer:

The correct answer is letter "D": As a co-signer, you open an account and an adult signs on with you; as an authorized user, you are added to someone’s existing account

Explanation:

Co-signers are individuals that could help others to open a credit card account in case that person does not meet specific credit history requirements but the credit card issuer. Co-signers must be 21 years old. Authorized users are added to the account to request information, change it, or make payments.

8 0
3 years ago
Read 2 more answers
Gina Robinson, Inc. (GRI) GRI management has decided to reinvent the culture of the organization. Previously, the company tried
Nuetrik [128]

Answer:

C) Telecommuting

Explanation:

Telecommuting simply means working from your home. The internet changed our lives completely, and it is also how we work. Everyday more people are starting to work from distant locations to their "main office". This means that they can be working at their house using a computer which is connected to the company's intranet.

Some of the advantages of telecommuting is that it increases efficiency by decreasing costs (you don't have to spend time going to work and you can have your office at home), reducing employee churn rate, allowing older or disabled people to work, it is good for your health, and around 65% of telecommuters in the US have have increased their work efficiency vs. their normal office work.

7 0
3 years ago
Your aunt is thinking about opening a hardware store. She estimates that it would cost $400,000 per year to rent the location an
Solnce55 [7]

Answer:

(B) What must be given up to acquire it

Explanation:

Opportunity cost, in a simple language, means trade-off or an income or savings that we need to forego.

It is the amount or value of a certain event or activity that must be given off due to choosing one alternative over another.

In this case, the salary of $50,000 per year is the opportunity cost.

8 0
3 years ago
An operator wants to determine the standard deviation for a machine she operates. To do this, she wants to create a p-chart. Ove
kondaur [170]

Answer:

The answer is letter A.

Explanation:

Less than or equal to 0.1

Because:

Average proportion (P-bar)= 0.024

Observations (n)= 75

sd =√(P-bar)(1-(P-bar)/n

sd =√(0.024)(1-0.024)/75

sd= √(0.024)(0.976)/75

sd= √(0.023424)/75

sd= 0.01767

sd ≤ 0.1

8 0
3 years ago
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