The provision for warranty in the current year should be
303000 * 5% = 15150 where 4000 is a current expense so a total of 19150 should be reported.
A warranty clause is a provision in a contract that typically affords a promise specifying that something is real or will manifest. In contract law, this clause can have a couple of that means, and it has a tendency to be one of the most misunderstood.
A warranty is a contingent legal responsibility, so the celebration presenting it needs to report a liability and assurance price whilst it information the associated sale of goods or offerings. As the promoting birthday party incurs real assurance fees, it expenses them towards the legal responsibility account.
The warranty price account receives debited, and the warranty legal responsibility account gets credited. The value of the alternative components and merchandise despatched to customers is debited from the warranty legal responsibility account. And it is credited to the inventory account as actual warranty claims are obtained.
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the u.s. department of justice is the best source of information regarding both general and technical questions about the individuals with disabilities education act (idea). true or false
True; the U.S. department of justice has information regarding both general and technical questions related to the individuals with disabilities education act.
More about Disabilities Education Act (idea):
American law known as the Individuals with Disabilities Education Act (IDEA) guarantees that students with disabilities get a Free Appropriate Public Education (FAPE) that is catered to their unique needs.
From 1975 through 1990, IDEA was known as the Education for All Handicapped Children Act (EHA). The EHA was renewed by the US Congress in 1990, and the name was changed to IDEA.IDEA's overarching objective is to give children with disabilities the same educational opportunities as students without impairments.
IDEA is actually made up of six key components that highlight its key ideas. The Individualized Education Program (IEP), Free and Appropriate Public Education (FAPE), Least Restrictive Environment (LRE), Appropriate Evaluation, Parent and Teacher Participation, and Procedural Safeguards are the six components mentioned above.
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17. Real is your boss and the treasurer of Free Cash Flow (FCF). She asked you to help her estimate the intrinsic value of the company's stock. FCF just paid a dividend of GHS 1.00, and the stock now sells for GHS 15.00 per share. Real asked a number of security analysts what they believe FCF's future dividends will be, based on their analysis of the company. The consensus is that the dividend will be increased by 10% during Years 1 to 3, and it will be increased at a rate of 5% per year in Year 4 and thereafter. Real asked you to use that information to estimate the required rate of return on the stock
The required rate of return is 12.97%
What is the required rate of return?
The required rate of return is the rate of return that investors expect from the stock based on its current price GHS 15.00 per share and its forecast dividends.
The stock price is the present value of future dividends discounted at the required rate of return, the unknown
The dividends for the next 3 years would grow at the rate of 10%
Year 1 dividend=1.00*(1+10%)
Year 1 dividend=1.10
Year 2 dividend=1.10*(1+10%)
Year 2 dividend=1.21
Year 3 dividend=1.21*(1+10%)
Year 3 dividend=1.331
Dividend in year 4 and thereafter(forever, that the terminal value) would grow at the rate of 5%
Year 4 dividend=1.331*(1+5%)
Year 4 dividend=1.39755
Terminal value=Year 4 dividend*(1+g)/(r-g)
g=terminal growth rate=5%
r=unknown return
terminal value=1.39755*(1+5%)/(r-g)
share price=1.10/(1+r)^1+1.21/(1+r)^2+1.331/(1+r)^3+1.39755/(1+r)^4+1.39755*(1+5%)/(r-g)/(1+r)^4
we need the value of r such that share price 15.00
Using a trial and error approach, I got 12.97%
share price=1.10/(1+12.97%)^1+1.21/(1+12.97%)^2+1.331/(1+12.97%)^3+1.39755/(1+12.97%)^4+1.39755*(1+5%)/(r-12.97%)/(1+12.97%)^4
share price=15.01
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virus such as norovirus and hepatitis A are directly related to contamination from..
Hepatitis and the norovirus one contracts a virus through the faecal-oral route when they consume contaminated food or water, come into contact with an infected person, or touch contaminated objects.
What do you mean by Hepatitis?Hepatitis refers to liver inflammation. The liver is a crucial organ that filters blood, processes nutrients, and fights infections. The function of the liver can be impacted by inflammation or injury. Hepatitis can be brought on by chemicals, drugs, some medical disorders, and heavy alcohol consumption.
An inflammation of the liver is known as hepatitis. This syndrome can be brought on by drinking alcohol, a number of medical disorders, and several drugs. However, the most typical cause of hepatitis is viral infections.
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What food trends will emerge and fade away in 2023
These food trends, including New Glocal, Vegan Alternative Recipes, Regenerative Food, and others, will influence the restaurant business in 2023. Vegan food items are significantly more expensive than veggies and other meat-based foods. Therefore, vegetarianism will slowly disappear.
What is a food trend?
Food trends are pervasive modifications in dietary patterns. Some of these tendencies show signs of enduring. Food trends are frequently discussed online and in periodicals that focus on cooking.
Pop culture, health fads, and other variables all have an impact on food trends. In fine dining, chefs frequently start new culinary fads that other restaurateurs imitate and adopt for their own menus.
The following are the top 5 food trends for 2022: food fusion, plant dominance, sustainable packaging, and limited yet inventive menus.
Thus, the food trend which will fade away in 2023 is Vegan food.
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_______________________ are economists who generally emphasize the importance of aggregate supply in determining the size of the macroeconomy over the _____________.
Answer:
neoclassical economists; long run
Explanation:
Neoclassical economists are economists who generally emphasize the importance of aggregate supply in determining the size of the macroeconomy over the long run
There was a traffic accident on your usual route to work this morning, so you decide to get off the freeway and drive the rest of the way on the frontage road.
a. Programmed
b. Nonprogrammed
Answer:
b. non programmed
Explanation:
you made a decision to take another route that was better for your drive.
Wisconsin Company has a current production capacity level of 200,000 units per month. At this level of production, variable costs are $1.00 per unit and fixed costs are $0.50 per unit. Current monthly sales are 164,500 units. Gates Company has contacted Wisconsin Company about purchasing 20,000 units at $2.00 each. Current sales would not be affected by the special order and no additional fixed costs would be incurred on the special order. Variable costs would increase $0.10 per unit with the special order. If the order is accepted, what is Wisconsin Company's increase in operating income? A) $8,000 B) $18,000 C) $20,000 D) $24,000
about $18,000 Wisconsin Company's increase in operating income.
Operating profit refers to the company's adjusted earnings after deducting all operating expenses and depreciation. Operating expenses or operating expenses are simply the costs incurred to keep a business running.million and $250,000 operating expenses. The company's operating income is $1 million minus $250,000 or $750,000.
Operating profit measures a company's ability to generate profit from its operations. Many business owners use the operating profit metric to measure the operational success of their business. Investors and creditors may want to see your company's operating income.
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Who is responsible for making the workplace free of harassment and discrimination?
A. Everyone
B. Supervisors
C. The employer
D. The Better Business Bureau
Answer:
The employer
Explanation:
because use they are replaceable for their employees to be treated well and equally.
please answer it fast its urgent and i want a long answer
recommend and justify a suitable form of business organisation to owners/management in a given situation
Answer:
Partnership
A partnership is a straightforward business organization type to create. It requires an agreement that may be verbal or written.
In a partnership, the owners manage and control the business, and all revenue from it flows directly through the business to the partners, who are then taxed based on their portions of the income.
1
The partners are personally liable for all debts and any liabilities that result from the operation of the business.
2
The sole proprietorship and the partnership are the most straightforward business organization types.
When one partner leaves the business, it is dissolved unless there is an agreement in place that allows it to continue.
2
A business continuation agreement typically stipulates the terms under which a partner can transfer a share of the business for some financial consideration.
The same agreement should provide for the transfer of a deceased partner's share so that the surviving family members receive fair compensation from the remaining partners.
2
Limited Liability Company (LLC)
The creation of a limited liability company (LLC) requires an operating agreement and a state filing of articles of organization.
3
Like the principals in a partnership, the owners of an LLC have direct management control over the company, and the company is required to file an information return to the IRS. The owners file their own individual returns based on the revenue that flows to them directly through the business. The information return shows how much revenue was paid to each partner.
3
The primary difference between a partnership and an LLC is that the latter is designed to separate the business assets of the company from the personal assets of the owners. That insulates the owners from personal responsibility for the debts and liabilities of the company.
2
3
In terms of the sale or transfer of the business, a business continuation agreement is needed to ensure the smooth transfer of interests when one of the owners leaves or dies.
C Corporation and S Corporation
There are two types of corporation, the S corporation and the C corporation. Both are legal entities that are formalized with the filing of articles of incorporation with the state.
The primary difference between the two is in their tax structures:
The C corporation is a tax entity in and of itself, so it files a tax return and is taxed based on the revenues of the business. Double taxation could occur when the shareholders or owners file individual returns based on any income they receive in the form of dividends from the corporation.
4
An S corporation is similar to a partnership and LLC in that it files an informational return. However, the revenue flows directly to the shareholder owners, who then file individual returns.
5
In most other aspects, the two business structures are the same. In both cases, the business is controlled by a board of directors which is answerable to the shareholders. The board hires the senior management team. Business assets and liabilities belong to the company, and the sale or transfer of interests can be achieved by the sale of shares.
Ultimately the type of business organization selected comes down to the owners' level of concern over management control, liability exposure, tax issues, and business transfer issues.
Because of the tax and legal implications involved, the guidance of a qualified tax attorney is essential in selecting the most suitable form of ownership.
Pelosi's husband sells off up to $5 million worth of chipmaker stock ahead of semiconductor bill voteHouse Speaker Nancy Pelosi's (D-Calif.husband sold up to $5 million worth of shares of chipmaker Nvidia as the House prepares to vote on a bill focusing on the domestic chip manufacturing industry.
Pelosi completed a period transaction report signed on Tuesday that indicated that her husband, Paul Pelosi, sold 25,000 shares of Nvidia at an average price of $165.05 with a total loss of $341,365.In total, the shares are worth between $1 million and $5 million.A separate filing signed by the House Speaker earlier this month indicated that Paul Pelosi had exercised call options last month to purchase 20,000 shares of the chipmaker at a strike price of $100.
The related law that the speaker and her husband are being accused of breaking is called the STOCK act. This is a law that guides congress members on how to behave in relation to the stock market or stock exchange and other information related to same.
What is the STOCK Act?The Stop Trading on Congressional Knowledge Act of 2012, or STOCK Act, was enacted in response to media reports critical of stock trading by members of the United States Congress, particularly during the 2008 global financial crisis and the legislative debate over the Affordable Care Act in 2009-2010.
The STOCK Act, passed in 1978, dramatically enhanced the reporting obligations for securities transactions by members of Congress and senior government officials.
It further said that members of Congress are liable to US securities rules that prohibit trading on substantial non-public information.
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Full Text:
House Speaker Nancy Pelosi’s husband sold up to $5 million worth of shares of chipmaker Nvidia as the House prepares to vote on a bill focusing on the domestic chip manufacturing industry.
Pelosi completed a period transaction report signed on Tuesday that indicated that her husband, Paul Pelosi, sold 25,000 shares of Nvidia at an average price of $165.05 with a total loss of $341,365.
In total, the shares are worth between $1 million and $5 million.
A separate filing signed by the House Speaker earlier this month indicated that Paul Pelosi had exercised call options last month to purchase 20,000 shares of the chipmaker at a stri.ke price of $100.
The latest regulatory filing came one day before the Senate passed legislation in a 64-33 vote to provide $280 billion to bolster the American semiconductor industry as the nation grappled with a chip shortage, which was impacted by the COV.ID-1.9 pandemic.
Asked about her husband’s decision to sell his shares given the timing of the House’s vote on the chips bill, Pelosi spokesperson Drew Hammill told The Hill in a statement, “Mr. Pelosi bought options to buy stock in this company more than a year ago and exercised them on June 17, 2022.”
“As always, he does not discuss these matters with the Speaker until trades have been made and required disclosures must be prepared and filed. Mr. Pelosi decided to sell the shares at a loss rather than allow the misinformation in the press regarding this trade to continue,” he added.
Paul Pelosi’s trading has been under previous scrutiny, including from Republican lawmakers like Sen. Josh Hawley.
‘Come on, Bernie’: Democrats clash on Senate floor over Sanders proposal Implementing the PACT Act is veterans’ next battle The Missouri Republican sent a letter to Senate Homeland Security and Governmental Affairs Committee Chairman Gary Peters last week about a proposal to ban members of Congress and their spouses from insider stock trading and cited Paul Pelosi’s purchase of the Nvidia stock.
“It has been more than six months since members of this Committee proposed measures to put an end to inappropriate financial transactions. Despite these efforts, Speaker Pelosi and her husband remain undeterred from cashing in,” he wrote in his letter.
During a news conference earlier this month, Pelosi said her husband does not make sales or purchase stock based on information she has.
Can the costs be decreased? How can value be added? Please complete the analysis for each item
In order to decrease the cost of production, the company can engage in better training of staff and offering incentives to staff.
How can production costs be reduced?The question is not complete so I will explain a bit on how to cut costs in a business.
One way to cut costs is to train the staff that produce goods and services better. They should be given knowledge on how to use resources efficiently and this would reduce wastage.
Staff can also be offered incentives for producing more goods and services with less resources which would reduce costs.
Reducing costs on its own adds value to a product because people would then be getting the same product, but for a cheaper price.
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Many employees of S&S Air have shares of stock in the company because of an existing employee stock purchase plan. To sell the stock, the employees can tender their shares to be sold in the IPO at the offering price, or the employees can retain their stock and sell it in the secondary market after S&S Air goes public. What are the advantages and disadvantages of each option?
The advantage of option 1 is that there is flexibility of sale and it affords the stockholders liquidity for their cash. The de-merit of going for option 1 is that they may not get value for the shares if after it goes live its value increase.
What is the advantage of keeping the shares till later?As already indicated above, the value of the shares grows as the company grows, hence, this becomes a sort of investment for the holders. They can also get premium value for it when the company goes goes public.
However, if the shares does not do well in the stock market, they also have to bear that loss.
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how does the use of body language and visual features can enhance a speech for an audience
Answer:
kaptaht is taht which 8a
write a short essay about inventory control( involves kind of inventory reason and approach)
Inventory control is a process of maintaining the right amount of parts and products in stock to avoid shortages, overstocks, and other expensive problems that might arise in the future.
The purpose of inventory control is to reduce the number of slow-selling products that a company purchases and to increase the number of high-selling products that are purchased. As a result, businesses are able to save time and money. This is because they don't have to spend a lot of time and effort reordering goods that they don't really need, or receiving goods they don't actually need. As an additional benefit, these products are not stored in warehouses at all, which means that transportation costs are reduced and space is freed up for fast-moving finished goods, which is a further benefit.
It is critical to understand that using inventory control can help you avoid making rash decisions, as well as avoiding the pain and expense associated with overstocking your shelves. As its name suggests, inventory control helps you maintain control over your inventory level. This helps you make the best use of your resources and avoid product spoilage and obsolescence.
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AARP expects agents offering AARP-branded products to demonstrate five key behaviors when interacting with customers. AARP wants customers we work with to feel their relationship with AARP is
There are key behaviors that AARP expects from agents offering AARP-branded products because they want customers to feel their relationship with AARP is Effortless and inspiring.
What kind of relationship does AARP want to have with customers?The American Association of Retired Persons(AARP) as the name implies, work with the elderly in society who often require greater care.
As a result, the AARP places a huge premium on its agents working well with their customers (the elderly) such that the customers don't feel stressed and are instead impressed by effortless and inspiring actions.
Options include:
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GANT, a Swedish clothing brand, is a virtual organization that supplies clothes wear to Pyramid Sportswear AB.
Pyramid employs very few staff in a move to cut down costs of operations. To survive in the competitive global markets, the company must invest in rigorous monitoring of sales and stock, while keeping inventories as low as possible.
The company also realizes that it is no longer important to order for stock that it does not need.
(i) Discuss your view regarding this inventory policy. (5 marks)
(ii) Explain the assumptions that will guide in determining the adequate level of inventory.
The view regarding this inventory policy by GANT is that there'll be a reduction in the revenue of the company.
How to illustrate the information?It should be noted that inventory policies are used to determine the best way that a product can flow through a supply chain.
Here, are are informed that GANT supplies clothes to Pyramid and since Pyramid employs very few staff in a move to cut down costs of operations, it'll lead to the reduction in revenue
The assumptions that will guide in determining the adequate level of inventory include the demand and level of stocks.
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A visual representation of the demand schedule, a demand ________ shows the progression of quantity demanded of a good or service and the price of that good or service.
Answer:
scheduleExplanation:
,
,,
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,,,,,
As a student in class, what rewards do you receive in exchange for your time and effort?
As a student who has invested more time and effort in my studies to excel a receive good grades, bragging rights as the best in a subject, and a prize/scholarship.
What is Academic Excellence?Academic excellence can be defined as performing exceptionally well in all subjects, students who attain this foot are known to put a lot of effort into their education by burning late-night candles.
A notable rewards student often get for Academic Excellence is a scholarship
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Lucinda is having a hard time right now. Her roommate isn't interested
in the things she wants to do. Her classmates don't want to study with
her. This could indicate difficulty with social adjustment. Which of the following is NOT a strategy she could use to successfully navigate this transition?
Given that the options are not indicated, let us look at strategies that can help Lucinda to cope with the social adjustment that she so badly needs.
First, what is Social Adjustment?The extent to which a person exhibits skillful social conduct and adjusts to the immediate social setting is referred to as social adjustment.
What are the Social Adjustment Strategies that Lucinda need to adopt?Three strategies that Lucinda could use are;
This requires her to focus on the things she can control.
Emotion-oriented coping:She can decide to look at the houmous side of things, practice positive mindset or simply bein grateful that she is in college.
Avoidance:She could simply avoid her roommate and associate with those who have similar goals with her.
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What measures you could have taken to prevent delays in a project?
Answer:
.proper planing
.strict rules
.pre planning for a program
.problem solving skills
Explain how scarcity, tradeoff decisions, or opportunity costs are relevant to Charles and Ebony’s budget
Scarcity is relevant to Charles and Ebony's budget because it helps them make a decision on how to spend their money on the urgent needs while ignoring the other important things which comes with a burden of future cost.
Tradeoff decisions would help Charles and Ebony to analyze the amount of money that they must set out every month for essentials, and discretionary money which is the money left over.
Opportunity cost
Opportunity cost looks at affordability given the prices of goods and the individual's income. Opportunity cost measures cost in terms of what must be given up in exchange.
Therefore the factors of scarcity, tradeoff and opportunity cost will affect Charles and Ebony's budget because they have to factor in the effects of these economic forces on the budget.
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· What organizational goal is driving this training?
The organizational goal in driving this training is to improve the employees' performance.
What is the goals for the training?The most basic goal of training program by an organization is to bring about the improvement as well as the employees' performance so as to be able to increases productivity .
This is been done by reinforcing existing competencies as well as developing new skills, hence, the organizational goal in driving this training is to improve the employees' performance.
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Can I be a Worker and Employer at the same time?
Answer:
on you can't be .
Explanation:
if you are working as a worker it is obvious that a worker cannot be an employer because he is working under
employer. employer has a higher rank than the worker.
Total (10 marks) QUESTION TWO Amani Ltd. Manufacturers a single product. Currently, the company has eight employees who produce a total of 3,000 units of the product in a 40-hour week The hourly rate of pay for all the employees is sh. 300 In an effort to improve productivity and thus increase output in the normal 40- hour week, an incentive scheme has been suggested. The scheme which the eight employees have agreed to over a one month trial period, provided for differential piecework payments in addition to reduced basis rate per hour. Additional information: 1. Basis hourly rate in sh. 200 per hour. 2. Different piecework rates - first 3,000 units of output in a week - sh. 2.80 per unit output of 3,001 units to 3,600 units a week - sh. 3.40 per unit output over 3,600 units in a week - sh. 4.50 per unit 3.In the first week of the trial, total output was 3.700 units in the 40 hours worked. Required: a) For existing time rate payment system, determine:
virus such as norovirus and hepatitis A are directly related to contamination from..
A bacteria
B spores
C parasites
D feces
Norovirus and hepatitis A are without delay related to infection from D) feces.
You could get norovirus with the aid of accidentally getting tiny debris of feces (poop) or vomit from an inflamed character on your mouth. have direct contact with someone who is inflamed with norovirus, including by using being concerned for them or sharing meals or consuming utensils with them.
Norovirus and Hepatitis a plague very contagious and cause sporadic sickness and outbreaks. both viruses are transmitted through the fecal-oral route, and one receives inflamed by way of intake of infected food or water, by way of touch with an infected character, or by using touching contaminated surfaces.
Hepatitis A is a contagious virus that can cause liver disease. Hepatitis a virulent disease (HAV) contamination can vary in severity from a slight illness lasting some weeks to an intense illness lasting numerous months.
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How are extended-stay hotels different from Bed and Breakfasts?
The difference between hotel and bed and breakfast is that Hotels are usually chains that are owned by larger conglomerations; B&Bs are usually independently owned
This is further explained below.
What are Bed and Breakfasts?Generally, beds & breakfasts, which are often located in quaint, historic homes, are designed to give visitors the impression that they are really staying in someone's home while they are there. A stay at a bed and breakfast can be exactly the thing for you if you're the sort of traveler who likes meeting new people no matter where they are or what they're doing while they're away.
In conclusion, The distinction between a bed and breakfast and a hotel lies in the fact that hotels are often owned by bigger conglomerates and operate as chains, while B&Bs are typically privately run and operated.
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The Corner Grocer has a 7-year, 6 percent annual coupon bond outstanding with a GHS 1,000 par value. The bond has a yield to maturity of 5.5 percent. If the market yield suddenly increases to 6.5 percent, what will happen to the bond price?
The increase of yield to maturity to 6.5% would reduce bond price by 5.43%
What is bond price?
The bond price is the present value of annual coupons over the bond life of 7 years and the face value payable to bondholders at bond maturity discounted at the yield to maturity of the bond.
We can determine the bond prices with yield to maturity of 5.5% and with 6.5% yield to maturity using a financial calculator which requires that the calculator be set to its end mode since its annual coupons are payable at the end of each year, rather when the coupons would be paid at the beginning of each year.
Initial bond price:
I/Y=5.5(bond yield is 5.5%, without the % sign)
PMT=60(annual coupon=face value*coupon rate=1000*6%)
N=7(number of annual coupons in 7 years)
FV=1000(the face value is 1000)
CPT(press compute)
PV=GHS 1,028.41
New price with YTM of 6.5%:
I/Y=6.5(bond yield is 6.5%, without the % sign)
PMT=60(annual coupon=face value*coupon rate=1000*6%)
N=7(number of annual coupons in 7 years)
FV=1000(the face value is 1000)
CPT(press compute)
PV=GHS 972.58
change in bond price=(972.58/ 1,028.41)-1
change in bond price=-5.43%
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As she updates her accounting documents at the end of the accounting period, what kind of documentation does Jody need to make if she discovers an unrecorded receipt for the $275 purchase of a new window?
Accrued revenue
Supply expense
Adjusting entry
Owner withdrawal
The kind of documentation that Jody need to make if she discovers an unrecorded receipt for the $275 purchase of a new window is: C. Adjusting entry.
Adjusting entry is a journal entry that is use to record income and expenditure and this entry is updated at the end of the accounting period.
Adjusting entry is the type of documentation that Jody need to make if she discovers an unrecorded receipt for the $275 purchase of a new window.
Therefore the correct option is c. Adjusting entry.
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Employees who record and are paid for the exact amount or time spent working are paid on
Employees who record and are paid for the exact amount or time spent working are paid on hourly basis.
When an employee is paid on an hourly basis, they receive a variable salary because their pay is based on how many hours they put in at work. This means that these workers are paid solely in accordance with the number of hours they put in.
In contrast to hourly workers, salaried employees receive a set paycheck every pay period. Hourly workers receive a set wage for each hour they put in during the pay period, plus overtime if they put in more than 40 hours each week. Employees in sales and marketing often receive commissions as an additional source of income, while others earn a flat rate per sale.
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The following standards for variable manufacturing overhead have been established for a company that makes only one product:
Standard hours per unit of output 8.6 hours
Standard variable overhead rate $ 15.00 per hour
The following data pertain to operations for the last month:
Actual hours 2,925 hours
Actual total variable manufacturing overhead cost $ 44,635
Actual output 200 units
What is the variable overhead efficiency variance for the month?
The following standards for variable manufacturing overhead have been established for a company that makes only one product:
((200*8.6)- 2925)*15 = 18,075
The term "variable overhead efficiency variance" refers to both the impact of the discrepancy between the actual manufacturing time and the projected manufacturing time. Variations in productive efficiency are the cause of it.
The difference between the actual manufacturing costs of a product and the costs that the business entity budgeted for it is measured by the variable overhead efficiency variance. It may therefore result from a disparity in productive efficiency.
Variable overhead efficiency variance = ((Actual output * Standard hours per unit of output) - Actual hours) * Standard variable overhead rate.
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