What side of the manufacturing overhead account is actual manufacturing overhead entered on?.

Karo-lina-s [1.5K]

Answer:

A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal.

Explanation:

4 0

2 years ago

The following are the ending balances of accounts at December 31, 2021, for the Valley Pump Corporation.

Ne4ueva [31]

Answer:

Valley Pump Corporation

Classified balance sheet as at December 31, 2021.

Assets

Non-Current Assets

Investment in equity securities 39,000

Land 117,000

Land Held for Sale 37,000

Buildings 385,000

Accumulated depreciation—buildings (117,000 ) 268,000

Equipment 109,000

Accumulated depreciation—equipment (42,000 ) 67,000

Copyright (net) 29,000

Total Non-Current Assets 557,000

Current Assets

Inventory 115,000

Investment in equity securities 39,000

Accounts receivable 90,000

Less Allowance for uncollectible accounts (7,000) 83,000

Prepaid expenses 49,000

Cash 42,000

Total Current Assets 328,000

Total Assets 885,000

Equity and Liabilities

Equity

Common stock 370,000

Retained earnings 34,000

Total Equity 404,000

Liabilities

Non Current Liabilities

Notes payable 201,000

Total Non Current Liabilities 201,000

Current Liabilities

Notes payable 134,000

Interest payable 27,000

Accounts payable 82,000

Deferred revenue 37,000

Total Current Liabilities 280,000

Total Liabilities 481,000

Total Equity and Liabilities 885,000

Explanation:

A Balance Sheet shows the Assets, Liability and Equity balances as the the Reporting date.

3 0

2 years ago

Indicate what components of GDP (if any) each of the following transactions would affect. Check all that apply.

Ronch [10]

Answer:

Transactions and Components of GDP affected:

1. Ford sells a Mustang from its inventory to the Martinez family.

Consumption

2. Ford manufactures a Focus and adds it to its inventory.

Investment

3. Your parents pay an accountant to file their tax returns.

Consumption

4. Uncle John orders 10 new computers for his finance business.

Investment

5. Aunt Polly buys a new air conditioner from a domestic manufacturer.

Consumption

6. Texas hires public middle school teachers.

Government Purchase

7. Your parents buy a bottle of French wine.

Consumption and Net Exports

8. Uncle John receives a check from the federal government for unemployment insurance benefits.

None

Explanation:

a) Data:

Components of the GDP are:

Consumption: This GDP component refers to the spending made by households, not for houses.

Investment: This GDP component comprises spending on assets, not for immediate consumption but to generate future returns.

Government Purchases: This component refers to government spending for the maintenance of its services.

Net Exports: This is the difference between exports and imports of goods and services.

Note that the GDP (Gross Domestic Product) can be computed based on three main approaches: income, expenditure, and production output. These three approaches yield the same result.

7 0

3 years ago

Who was a main practitioner of virtue ethics?

jonny [76]

Explanation:

Virtue ethics began with Socrates, and was subsequently developed further by Plato, Aristotle, and the Stoics. Virtue ethics refers to a collection of normative ethical philosophies that place an emphasis on being rather than doing.

6 0

2 years ago

Imagine you are the marketing manager for a U.S. manufacturer of disposable diapers. Your firm is considering entering the Brazi

Radda [10]

Answer:

1) The firm should not use the same advertisements in the U.S. and Brazil because culture plays an important role in advertising, and the cultures of both countries are very different. Something that is culturally acceptable in the U.S. might no be so in Brazil and viceversa, and advertisements usually make use of cultural references to build rapport with the potential customers.

When determining the local prices in Brazil, management should take advice from local managers but it should still try to determine the final prices only after doing extensive market research.

2) I do not agree. On the contrary, it is likely that we will see a trend toward increasing product customization. This is because more countries are becoming wealthier (for example, China and India), and as a consquence, people now have more disposable income than before, and can be more demanding when it comes to the products they buy.

3) Depending on the country, the job experience for expatriates can be very difficult. Language is probably the most common hardship, if the expatriate does not speak well the language of the host country, then he will likely have a very hard time in the workplace.

Cultural shock, lack of personal relationships, and a general lack of knowledge about how things work can also cause problems.

Companies should train employees before they are sent abroad. They should try to send employees who speak the language of the country if possible, and if not, help them learn a few basics at least. Companies should also instruct their employees about the general culture, geography, laws, and customs present in the country of destination.

5 0

2 years ago