I would say that Juan is using conflict theory that a social revolution is necessary for such things as a more equitable distribution of wealth, to acquire ownership of land and for increased liberty. Most of these things were achieved in the French Revolution and all were achieved in the American Revolution against the oppressive British colonialists.
Answer:
The answers are the c) oil lubricants used for factory machinery and the d) hourly wage of an assembly worker
Explanation:
Indirect manufacturing costs are the costs that a factory must cover for the manufacture of a product, apart from materials and direct labor. They relate to the entire operation of the company and overcome the manufacturing process of a specific product. They are also found as general manufacturing costs.
In the case of response c), factory supplies are all those materials that are consumed within the factory but are not part of the raw materials. This includes oils, greases, lubricants, stationery, etc.
In the case of response d), indirect labor costs are those that make the operation of the company possible but cannot be assigned to a particular product. For example, the salary value of a manager who manages the operation of the entire company and not only in a product line.
Answer:
$5,000
Explanation:
Since the payments are due semi-annually and the bond were issued on January 1, 2016 at 100, we will have to calculate the interest cash payments for the two semi-annuals in 2016. Therefore, the interest rate to use is the full annual 5% stated rate. Therefore, we have:
Interest cash payment = Bond face value × Interest rate
= 100,000 × 5%
Interest cash payment = $5,000.
Therefore, the cash interest payments in 2016 is $5,000.
Answer:
C. Debit to cash
D. Credit to notes receivable
Explanation:
When a company received money for previous sales, the following entry is required -
Debit Cash XXXX
Credit Accounts/Notes receivable XXXX
In that case, as Davis sold Weber equipment with an agreement of notes because of long-term payment, they treated the sale as a note receivable. Whenever the subsequent payment occurred, the entry to record the journal -
Debit to cash and Credit to notes receivable. Therefore, options C and D are both correct.
