Answer:
March 15,
Dr. Dividend $20,520,000
Cr. Dividend Payable $20,520,000
April 13,
Dr. Dividend Payable $20,520,000
Cr. Cash $20,520,000
Explanation:
A dividend is announced and paid after some days, so the journal entries for both event will be recorded separately.
At The time of Declaration no payment is made, only a liability is created against the dividend payment.
Dividend Value = $0.095 x 216,000,000 shares = $20,520,000
Payment will be made by debiting the dividend payable account to adjust the liability account and Crediting cash for the payment of cash dividend.
After Hurricane Sandy, FEMA (the Federal Emergency Management Agency) advertised on a New Jersey radio station how people affected by the hurricane could file for assistance. In the political marketplace, the decision-makers in FEMA are best characterized as bureaucrats. This is further explained below.
<h3>What are
bureaucrats?</h3>
Generally, Officials who operate in a huge administrative system are called bureaucrats.
In conclusion, Federal Emergency Management Agency (FEMA) advertised on a New Jersey radio station how residents impacted by Hurricane Sandy may apply for aid after the storm. FEMA's decision-makers are best described as bureaucrats in the political marketplace.
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Molding and sanding each unit of the product would most likely be classified as a (B) unit-level cost.
<h3>
What do we mean by unit-level cost?</h3>
- A unit cost is a total cost incurred by a business to produce, store, and sell one unit of a specific product or service.
- The cost of goods sold is synonymous with unit costs (COGS).
- This accounting metric includes all fixed and variable costs associated with the manufacture of a product or service.
- Every time service or a product is provided, unit-level activities take place.
- Unit-level activities include the costs of direct materials, direct labor, and machine maintenance.
- Molding and sanding each unit of the product, for example, would almost certainly be classified as a unit-level cost.
Therefore, molding and sanding each unit of the product would most likely be classified as a (B) unit-level cost.
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The correct question is given below:
Molding and sanding each unit of the product would most likely be classified as a ________ cost.
(A) product-level
(B) unit-level
(C) batch-level
(D) facility-level
True
A source’s objectivity and bias is a key consideration when evaluating the objectivity of sources. It is vital that sources used are credible hence the need to ensure that they are objective. As such, a biased source should not be used.
