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2 years ago

The journal entry to record the use of utilities in a factory could include which two of the following:

1 answer:

7 0

Answer: Debit to Factory Overhead.
Credit to Factory Utilities Payable.

Explanation:Utilities are part of actual overhead costs. It is a necessary cost in order to operate the factory, but is not DIRECT Labor or DIRECT Material.

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State and briefly axplain five contribution of scientific management to modern management practices

butalik [34]

Answer:

One of the greatest contributions of scientific management in today's organization is increasing the productivity. Scientific management focuses on the activities performed by the workers in an organization. The importance of this was that scientific management makes the workers or employees efficient

4 0

3 years ago

Suppose the U.S. Treasury offers to sell you a bond for $687.25. No payments will be made until the bond matures 5 years from no

pantera1 [17]

Answer:

Explanation:

Data provided as per question is as given below:-

Redeemed amount = $1,000

Sale value of Bond = $687.25

Number of year = 5

The computation of interest rate is as shown below:-

Interest rate = (Redeemed amount ÷ Sale value of bond) ^ (1 ÷ Number of Year) - 1

= (1,000 ÷ 747.25) ^ (1 ÷ 5) - 1

= (1.338) ^ (0.2) - 1

= 0.06

= 6%

5 0

3 years ago

Though the profits accrue to the local capitalists, a system of nationally controlled production still depends on __________.

Alex787 [66]

Foreign markets. because the cycle still depends on it

3 0

3 years ago

If the owner of a concert hall wishes to use third-degree price discrimination to price its tickets at $20, $15, and $10, it sho

Anika [276]

Answer: more elastic in their demand for tickets

Explanation:

Third-degree price discrimination is used by company when different price is being charged to a particular group of consumers.

Based on the scenario in the question, the owner of the concert hall should price tickets lower for customers who are more elastic in their demand for tickets.

Elastic demand simply means that a little change in the price of the concert hall will lead to a higher change in the quantity demanded. In this case, when the price increases, such people will buy little tickets. Therefore, the prices should be set lower for these set of people as there will be a huge increase in demand when the price is lower.

3 0

3 years ago

For a given single sum invested at 8% for four years, how will the future value be affected if the compounding period is changed

Lorico [155]

Answer:

Future Value will increase

Explanation:

Future Value = Present Value (PV)*(1 + i)^n

Let Amount be $10,000

Interest = 12% compounded annually

Period = 4

Future Value = $10,000 * (1 + 12%)^4

Future Value = $15,735.19

Let Amount be $10,000

Interest = 12% compounded quarterly

Period = 4 (4*4)

Future Value = $10,000*(1 + 3%)^16

Future Value = $16,047.06

Conclusion: The future value will increase.

5 0

3 years ago