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nadezda [96]
3 years ago
13

The weekly time tickets indicate the following distribution of labor hours for three direct labor employees:

Business
1 answer:
Lynna [10]3 years ago
6 0

Answer:

A) attached below

B)

= $ 2336  will reflect as the direct cost at the end of the week

Explanation:

Attached below is a detailed solution

A) Journalize the entry to record the factory labor cost for the week

attached below

B) Assuming jobs 301 and 302 were completed but not sold during the week and Job 303 remained incomplete at the end of the week

productive hours worked on Jobs 301 and 302

Tom : 10 + 15 = 25 hours

David : 12 + 12 = 24 hours

Jose :   11 + 13 = 24 hours

productive hours worked on job 303 =  uncomplete

Direct labor cost at the end of the week

= ( 25 * 32 ) + ( 24 *36 ) + ( 24 *28 )

= $ 2336  will reflect as the direct cost at the end of the week

 

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A draft is payable "to the order of Joe Jones or to bearer." Sally finds it and demands payment. Should the drawer pay Sally
zhannawk [14.2K]

Answer:

c. Yes, since the word "or" is contained in the instrument, either Joe Jones or the bearer of the draft may obtain payment.

Explanation:

These are options for the question below

a. No, unless Joe Jones's name is crossed off.

b. No, unless "bearer" is handwritten.

c. Yes, since the word "or" is contained in the instrument, either Joe Jones or the bearer of the draft may obtain payment.

d. No, the terminology is ambiguous and therefore the draft must be paid only to the order of Joe Jones.

From the question, we were told that A draft is payable "to the order of Joe Jones or to bearer." Sally finds it and demands payment. Should the drawer pay Sally

The right answer is Yes, this is because the word "or" is found in the instrument, and any one between Joe Jones and the bearer of the draft is liable in obtaining payments,

Note: a draft is an order for money to be paid, it in a written form.

5 0
3 years ago
The tax revenue collected is smaller in the market with price- demand, because the equilibrium quantity shrinks more than in a m
Triss [41]

If the demand shifts by more than the shift in price or income, it has elastic demand.

<h3>Elastic and inelastic</h3>

Demand can be classified as elastic, inelastic/unitary. An elastic demand is one in which the modification in quantity demanded due to a transition in price is large. An inelastic demand is one in which the change in quantity required due to a change in price is small.

<h3>Is elastic and inelastic economics?</h3>

If demand shifts by less than the change in price or income, it has inelastic demand. When demand shifts by the same amount as cost or income, the good/service has unit elastic demand.

To learn more about inelastic economics visit the link

brainly.com/question/1536972

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6 0
1 year ago
Fernando was thrilled to find out that his company had just decided to invest a great deal of money in the product he was managi
NISA [10]

Answer:

Star.

Explanation:

The BCG Matrix (Boston Consulting Group) can be used to determine what priorities should be given in the product portfolio of a business unit which will further help us to decide which of the business units to fund, how much to fund; and which units to sell.

To ensure long-term value creation, a company should have a portfolio of products that contains both high-growth products in need of cash inputs and low-growth products that generate a lot of cash.

Classification of products:

-Cows.

-Dogs.

-Question marks.

-Stars. Are leaders in the business. they generate large amounts of cash because of their strong market share, but also consume large amounts of cash because of their high growth rate.

If a star can maintain its large market share, it will become a cash cow when the market growth rate declines. The portfolio of a diversified company always should have stars that will become the next cash cows and ensure future cash generation.

3 0
3 years ago
As long as countries only produce goods in which they have a comparative advantage and trade those goods for ones in which they
Talja [164]
The answer is true.
8 0
4 years ago
During the fourth quarter ended December​ 31, Year​ 1, Lighting Fixtures Inc.​ (LFI) had average outstanding revolving bank loan
IrinaK [193]

Answer:

December 31, Year 1              DR.        Cr.

Accrued Interest Expense  $7,500

Interest Payable                                 $7,500

Explanation:

On December 31 Year 1 Interest was accrued and It was recorded by the Lighting Fixtures Inc.​ (LFI) but its outstanding now. Lighting Fixtures Inc.​ (LFI) paid the interest on January 15, at this time a payment entry of a payable interest was be made. Expense was charged on December 31 of year 1.

8 0
4 years ago
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