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stiks02 [169]
2 years ago
9

At December 31, 2017, before any year-end adjustments, Dallis Company's Prepaid Insurance account had a balance of $5,800. It wa

s determined that $2,600 of the Prepaid Insurance had expired. The adjusted balance for Insurance Expenses for the year would be:
A. $2,600
Business
1 answer:
Blababa [14]2 years ago
6 0

Answer:

$2,600

Explanation:

Given:

Prepaid Insurance account balance = $5,800

Prepaid insurance expired = $2,600

Insurance Expenses = ?

Computation of Insurance Expenses:

Given that Prepaid Insurance has expired So, the insurance premium is the Insurance Expenses for the year 2017.

Therefore, option "A" is the correct option of the following.

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Nelson Industries makes widgets using a two-step process that involves machining first and assembly second. In the Machining Dep
alexira [117]

Answer:

12,600

Explanation:

Concept of Equivalent units of production measures the number of units in terms of percentage completion in input elements of the process.

<u>The equivalent units of production for materials</u>

Note : all materials are issued at the beginning of the process, therefore materials are 100% complete in both Widgets transferred out and Ending widgets.

Calculation :

transferred out (8,600 × 100%)     = 8,600

ending inventory  (4,000 × 100%) = 4,000

total                                                 = 12,600

Therefore,  the equivalent units of production for materials in the Machining Department is 12,600.

4 0
2 years ago
The ______ must decide which tasks should be done in-house and which tasks should be done by subcontractors or consultants.
vitfil [10]

The answer to the blank space of the statement is project manager.

A project manager is a person whose <u>main responsibility is to manage the planning, procurement, and execution of a project from start to finish</u>. This also includes determining what milestones can be managed in-house (by people inside the company) or should be done by subcontractors or consultants.

8 0
3 years ago
An office telephone system cost $32,000.00 with an estimated residual value of $2,000.00. The system has an estimated useful lif
Amanda [17]
Sum of the year's digits is 5 + 4 + 3 + 2 +1 = 15 years. 
Depreciation base: 32,000 - 2,000 = 30,000
The depreciation applied in any year is the depreciation base times (number of years remaining divided by 15). The first year has the highest depreciation, and the fifth year has the lowest. 
Depreciation:
1st Year: Dep Base x 5/15
2nd Year: Dep Base x 4/15
3rd Year: Dep Base x 3/15
4th Year: Dep Base x 2/15 = 30,000 x 2/15 = 4,000
5th Year: Dep Base x 1/15

Answer is $4,000
6 0
2 years ago
What is meant by the term operating leverage?
ludmilkaskok [199]
The percentage of fixed costs in a company's cost structure.
8 0
3 years ago
in the course of creating an effective business message, excellent business thinkers are most likely to quizlet
Dmitry_Shevchenko [17]

In the course of creating an effective business message, excellent business thinkers are most likely to: identify and articulate key questions and problems.

<h3>What is a business strategy?</h3>

A business strategy can be defined as a set of guiding principles, actions, policies, and decisions that a business organization strategically combines, so as to successfully achieve its goals, objectives, attract potential customers and possess a competitive advantage over its rivals in the industry.

<h3>The types of business strategy.</h3>

Generally, there are four (4) main types of business strategy and these include the following:

  1. Organizational (Corporate) strategy.
  2. Business (Competitive) strategy.
  3. Functional strategy.
  4. Operating strategy.

In Business management, it is very important for excellent business thinkers to identify and articulate key business questions and problems that have the potential of affecting a business.

Read more on business strategy here: brainly.com/question/17130109

#SPJ1

Complete Question:

In the course of creating an effective business message, excellent business thinkers are most likely to Multiple Choice

begin jotting down a rough draft right away to capture their ideas.

encourage one-way linear thinking and a rigid approach to business problems.

avoid using the other-oriented tone in their text.

identify and articulate key questions and problems.

make well-reasoned conclusions and solutions

6 0
1 year ago
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