If we didnt know the value of money, then youll never truly know how much you have, you could see that lettuce is "1.00" and all you have are pennies, but to you, its one peny which you would be disappionted to find out that you dont have enough at all. knowing the value of money is extremely important
Answer:
$41,600
Explanation:
Calculation for What amount should be included in the current liabilities section of Lanson's December 31, 2021, balance sheet
Accounts payable $25,200
Add Salaries payable $16,400
December 31, 2021, balance sheet current liabilities $41,600
($25,200+$16,400)
Therefore the amount that should be included in the current liabilities section of Lanson's December 31, 2021, balance sheet will be $41,600
Answer:
The conversion cost for Belleview Orange's Duval operation last month was $154,000
Explanation:
Conversion costs are those production costs required to convert raw material to finished goods. Conversion costs include direct labor and manufacturing overheads.
Conversion Costs = Direct Labor cost + Manufacturing Overheads cost = Total Manufacturing Cost – Direct Material cost.
Last month, in Belleview Orange's Duval, Direct labor cost was incurred of $39,000, Manufacturing overhead cost was incurred of $115,000
Conversion Cost = $39,000 + $115,000 = $154,000
Answer:
A subsidy is a benefit given to an individual, business, or institution, usually by the government. ... The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.
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