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Darya [45]
2 years ago
15

The following are hibiscus company cost of making and selling an item:

Business
1 answer:
Keith_Richards [23]2 years ago
3 0

Answer:

A. $3,600 advantage.

Explanation:

<u>Calculating the financial advantage of disadvantage of special order</u>

Increase in revenue (600*$26)                       $15,600    

Less: Increase in direct materials (600*$9)    $5,400    

Less: Increase in direct labor (600*$4)           $2,400    

Less: Increase in variable manufacturing       $1,200

overhead (600*$2)  

Less: Increase in variable selling and             $1,200

administrative (600*$2)  

Less: Increase in cost for specialized             <u>$1,800</u>

material (600*$3)  

Financial advantage from special order      <u>$3,600</u>

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On 1/29, General Electric bought supplies in the amount of $1,500. What account is debited and what account is credited in the r
alexdok [17]

Answer: Debit Supplies

Credit Cash

Credit Accounts payable.

Explanation:

The journal entry is an act of making records of the transactions in an organization which shows the debit and credit balances of the company.

Based on the information given, since General Electric bought supplies in the amount of $1,500, the journal entry will be:

Debit Supply $1500

Credit Cash / Accounts Payable $1500

4 0
2 years ago
Journalize the entries to record the following.
vredina [299]

Answer:

Explanation:

The journal entries are shown below:

1. Petty cash A/c $1,100

       To Cash A/c $1, 100

(Being the petty cash fund is established)

2. Office supplies A/c Dr $614

   Miscellaneous selling expense A/c Dr $200

   Miscellaneous administrative expense A/c Dr $145

   Cash short and over A/c $26

             To Petty cash A/c $985

(Being the expenses are recorded)

The Cash short and over is computed below:

= $1,100 - $115- $614 - $200 - $145

= $26

4 0
3 years ago
When command is transferred, then all personnel involved in the incident should be told.
olga nikolaevna [1]

Based on the principle of formality, the correct answer goes:

  • The effective time and date of the transfertransfertransfertransfer

<h3>Command of transfer</h3>

When command is transferred, then all personnel with a need to know should be told: The effective time and date of the transfer.

In conclusion, we can conclude that the correct answer is as informing about effective time and date.

Learn more about transferring officer here: brainly.com/question/10721205

6 0
2 years ago
Sebastian plans to open a restaurant but he is unsure about how to attract customers. He hires a consumer researcher to analyze
Evgen [1.6K]

Answer:

The correct answer is c. ethnicity

Explanation:

Ethnicity is first and foremost a form of identification, an identification of one with what oneself and others understand to be their ethnic or ethnic group. Ethnicity denotes a relationship or feeling of belonging. Regarding the term of identification, ethnicity and ethnicity are classifying concepts. The classification is based on very different criteria or "ethnic markers": cultural, linguistic, religious ascriptions, racial traits, common origin, shared activities, etc.

5 0
3 years ago
Maldovar Company is considering purchasing a new machine to replace a machine purchased one year ago that is not achieving the e
weeeeeb [17]

Answer:

c. Purchase cost of existing machine

Explanation:

Relevant  costs are the incremental costs that can be avoided by avoiding the functional activity with which the costs are associated.

Maintenance costs are relevant as they are directly linked to the use of machinery and as such are incremental with the use. The same is the case with the maintenance costs of the existing machine as they are avoidable if the new machine is purchased.

Expected cost savings would be incremental with the improved new machine. These cost savings thus are relevant.

Resale value of existing machine are also relevant as these would contribute towards the purchase of new machine.

The purchase price of existing machine is irrelevant as the machine cost has already been paid and regardless of purchasing the new machine or not, this cost is not a part of any calculations.

Hope that helps.

4 0
3 years ago
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