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kvv77 [185]
3 years ago
6

Identify each statement as true or false.

Business
1 answer:
Fofino [41]3 years ago
8 0

Answer:

true water and the other day and the other

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Gullett corporation had $44,000 of raw materials on hand on november 1. during the month, the corporation purchased an additiona
Zina [86]

Answer:

Dr Raw materials $93,000

Cr Accounts payable $93,000

Explanation:

Based on the information given we were told that during the month, the corporation had to purchased an additional raw materials of the amount of $93,000 which means that the journal entry to record the purchase of raw materials would include a:

Dr Raw materials $93,000

Cr Accounts payable $93,000

(To record purchase of raw materials)

4 0
4 years ago
Anita is a new buyer. luckily, ______ will help her before the sale and can reimburse her after the sale if a title issue arises
topjm [15]

Anita is a new buyer. luckily <u>her title insurance</u> will help her before the sale and can reimburse her after the sale if a title issue arises.

Insurance is a manner to manage your risk. whilst you buy insurance, you buy protection in opposition to unexpected financial losses. The insurance company pays you or someone you choose if something awful takes place for you. when you have no coverage and an accident occurs, you'll be answerable for all related costs.

The six maximum commonplace types of car insurance are automobile legal responsibility coverage, uninsured and underinsured motorist coverage, comprehensive insurance, collision insurance, clinical bills, and personal damage protection.

Amongst country-wide insurers, USAA has the most inexpensive fees, at $36 per month, with country Farm in 2d location, at $44 consistent per month. The cheapest nearby employer is Farm Bureau, at $39 according to month.

Learn more about the insurance here: brainly.com/question/25855858

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4 0
2 years ago
Porter Corporation makes and sells a single product called a Yute. The company is in the process of preparing its Selling and Ad
anzhelika [568]

Answer:

$519,800

Explanation:

Variable cost per unit = $5.90 + $5.30 + $8.90 + $0.60

Variable cost per uni= $20.70

Fixed cost total = $32,000 + $178,000 + $7,000 + $20,000

Fixed cost total = $237,000

Cash disbursements for December = (Variable selling and administrative cost per unit*Number of unit (Yutes) sold) + (Fixed manufacturing overhead less depreciation)

= (14,000 * $20.70) + ($237,000 − $7,000)

= $289800 + $230,000

= $519,800

7 0
3 years ago
Virtually every business has variable expenses, which move up and down in tight proportion with changes in sales volume or sales
TiliK225 [7]

Answer and Explanation:

Dynamic expenses are pointed to as operating expenses that are the production cost and important to run a business.

common example of the variable cost that depends on sales volume.

  • The cost of goods sold, that is the equivalent of goods sold to consumers.
  • Commissions charged from their selling to salespersons.
  • Fees charged by a company when a customer requires a credit or debit card.

so, we say that when a business increase or decrease their sale volume, their variable cost also gets affected.

3 0
3 years ago
National Bank quotes the following for the British pound and the New Zealand dollar:
pav-90 [236]

Answer:

E) None of the above

Explanation:

Calculation to determine What is your profit from implementing this strategy

Profit={[($10,000/$1.62)*$2.95]*$.55}-$10,000

Profit =[( £6,172.84 *2.95) *$.55]-$10,000

Profit=( NZ$18,209.88 x $.55)-$10,000

Profit = $10,015.43-$10,000

Profit=$15.43

Therefore your profit from implementing this strategy is $15.43

4 0
3 years ago
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