Time tickets and materials requisition slips are similar to. The cost associated with both must be credited to the Work in Process Inventory. Option A. This is further explained below.
<h3>What are time tickets?</h3>
Generally, A time ticket is a form filled out by workers to keep track of their working hours.
In conclusion, Both time tickets and materials requisition forms have certain similarities. Both must be accounted for in the Work in Process Budget.
<h3>Complete Question</h3>
How are time tickets and materials requisition slips similar?
The cost associated with both must be credited to the Work in Process Inventory. Costs associated with both must be recorded in the general ledger and job cost sheets.
Costs associated with both must be debited to Manufacturing Overhead.
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Answer:
$20
Explanation:
Given that,
Cash collected from the customers = $100
Cash paid to suppliers = $60
Cash paid to employees and other creditors = $20
Depreciation expense = $10
Therefore,
Clarke’s Cash Flow from Operations during the quarter ended 3/31/2015:
= Cash collected from the customers - Cash paid to suppliers - Cash paid to employees and other creditors
= $100 - $60 - $20
= $20
Answer:
42.5%
Explanation:
The computation of the inflation rate between 2012 and 2011 is shown below:
But before that we need to do the following calculations
Cost of basket for the year 2011 is
= 5 × 2 + 20 × 0.5
= 10 + 10
= 20
And the base year price index i.e. CPI is 100
Now
Cost of same basket in year 2012 is
= 5 × 2.10 + 20 × 0.90
= 10.5 + 18
= 28.5
Now
CPI in 2012 is
= ($28.5 ÷ $20) × 100
= 142.5
So,
Inflation rate is
= (142.5 ÷ 100) - 1
= 1.425 - 1
= 0.425
= 42.5%
Answer:
Ease potential conflicts between bondholders and shareholders
Explanation:
The securities that are converted is known as the convertible securities. like from preferred stock to common stock or vice versa
So here in the given situation, the conversion securities have a conflict between the bondholders and the shareholders that should be ease potential
not as an aggravate one
Therefore the same is to be considered
