<u>Solution and Explanation:</u>
The budgeted cost of the direct labor for the month is calcuated as follows:
the given data:
Budgeted production is = 8000 units, time required of direct labor work in order to complete the production is = 40 minutes, the direct labor rate as given in the question is = $100 per hour.
Budgeted cost = time multply with rate of labor multiply with budgeted production
(40/60 multiply with 100) multiply with 8000 = 533,333.33
therefore, the budgeted cost = $533333.33 ( rounded of to 2 places).
Answer:
C, D , E , F.
Explanation:
These all are connected with money.
Sorry if I don't get this right I never had this question before.
Answer:
Multi channel marketing
Explanation:
It is an approach used by company to provide different way to customer for buying products and services. it include various mode of retailing like, from store direct, from using websites, from mail, by telephones etc.
The main reason behind multi channel retailing is to sold as many as products and provide different way for customer satisfaction. it provide opportunity to customer to compare different product on different websites
Answer:
allowance for uncollectible accounts
Explanation:
The cash budget represents the cash inflow and cash outflow position with respect of cash receipts and cash payments i.e cash disbursement plus it also involves financing needs i.e how much amount is to be borrowed
But it does not involve the allowance for uncollectible accounts as it is not shown in the cash budget because it is shown under the debtors side with the negative amount of the balance sheet
Like
Assets
Current Assets
Account receivable XXXXX
Less: Allowance for uncollectible accounts XXXXX
Net account receivable XXXXX
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
