I took the test and the guy above me saying the "cost" or whatever it says, is not right. I read the section it told me where i could find the right ubraintv-jp.com. it was a little confusing, not gonna lie. So my ubraintv-jp.com could be just as wrong as the other guy. but as least now you know its 100% not that one.
You are watching: One of the main disadvantages of buying a franchise is that you may end up
Halogen Laminated Products Company began business on January 1, 2021. During January, the following transactions occurred:
Cash (Dr.) $115,000
Common Stock (Cr.) $115,000
Purchases - Inventory (Dr.) $30,000
Accounts Paubraintv-jp.comble (Cr.) $30,000
Prepaid Insurance (Dr.) $1,800
Cash (Cr.) $1,800
Accounts receivable (Dr.) $11,500
Sales Revenue (Cr.) $11,500
Cash (Dr.) $25,000
Notes Paubraintv-jp.comble (Cr.) $25,000
Salaries Expense (Dr.) $5,500
Cash (Cr.) $5,500
Cash (Dr.) $9,500
Sales Revenue (Cr.) $9,500
Accounts Paubraintv-jp.comble (Dr.) $14,500
Cash (Cr.) $14,500
Cash (Dr.) $5,750
Accounts Receivable (Cr.) $5,750
Utility Expense (Dr.) $1,000
Cash (Cr.) $1,000
Rent Expense (Dr.) $1,750
Prepaid Rent (Dr.) $1,750
Cash (Cr.) $3,500
Trial Balance :
Accounts Receivable $5,750
Prepaid Rent $1,750
Prepaid Insurance $1,800
Salaries Expense $5,500
Cost of Goods Sold $12,000
Rent Expense $1,750
Utilities Expense $1,000
Total : $176,500
Accounts Paubraintv-jp.comble $15,500
Notes Paubraintv-jp.comble $25,000
Common Stock $115,000
Total : $176,500
6 months ago
While Silk Soymilk engages in environmental scanning and analysis, the company is more likely to change its products and marketi
Explanation: Reactive marketing refers to the planning done by an organisation for marketing purpose, by taking into consideration the potential competition in the future. In simple words, it focuses on solving the problems before it happens.
In the given case, the company is changing their work structure to adapt to the changes that may create problems in future.
Thus, from the above we can conclude that silk soymilk has an reactive approach.
4 months ago
Alternate Outputs from One Day"s Labor Input:
4 ubraintv-jp.comrds of Textiles
Opportunity cost is the revenue forgone, for earning the current revenue, it is basically not any kind of monetary cost but it is the cost in terms of loss of revenue in choosing the current revenue generating transaction.
Here when we are calculating the opportunity cost for wheat = 1 bushel in India we will compare it with opportunity foregone in India only, and not of USA.
Therefore opportunity cost of 1 bushel in India =
Opportunity cost of a unit bushel wheat in India is 4 ubraintv-jp.comrds textiles.
6 months ago
Suppose you have two options when investing money in the stock market: stock A and stock B. The returns on both are dependent on
Expected return is the weighted average of the returns on a stock given the state of the economy.
Economic boom is twice as likely as an economic downturn.
See more: Computer Simul A Scientist Uses A Simulation Because It, A Scientist Uses Simulation Because It
Boom probability = 2/3
Downturn = 1/3
a. Expected return of stock A
= (16% * 2/3) + (10% * 1/3)
= 10.67% + 3.33%
b. Expected return of stock B:
= (9% * 2/3) + ( -3% * 1/3)
= 6% + (-1%)
10 months ago
On the Statement of Cost of Goods Manufactured, Cost to Manufacture is added to __________ (Beginning or Ending) Work in Process
Beginning and Ending
COGM stands or termed as Cost of goods manufactured, which is used in the managerial accounting, it refers to the statement, which shows the aggregate production costs of the company or business during a particular period of time.
In short it is the aggregate cost which is incurred to manufacture the products and transfer the products into the finished goods inventory for the purpose of retail sale.
The formula to evaluate the COGM is:
COGM = Cost of Manufactured goods (involve Direct Materials Used, Manufacturing Overhead and Direct Labor Used) + Starting Work in Process (WIP) Inventory - Ending Work in Process (WIP) Inventory
5 months ago
Not registered? Fast signup