Answer:
The journal entries are shown below:
Explanation:
The journal entries are as follows
Raw materials inventory $90,000
To Cash $90,000
(Being the raw material is purchase for cash is recorded)
Factory overhead $17,000
Raw materials inventory $17,000
(Being the factory supplies is recorded)
Work in process inventory $66,100
Raw materials inventory $66,100
(Being the work in process is recorded)
Only these three entries are to be recorded)
Answer:
$175,000
Explanation:
Given that,
Direct materials = $ 20,000
Direct labor = $55,000
Variable overhead = $45,000
Fixed overhead = $70,000
Number of units offered = 10,000
Rent Revenue = $15,000
Avoidable Fixed Overhead:
= Fixed overhead per unit × Number of units offered
= $4 × 10,000
= $40,000
Relevant Costs:
= Direct Materials + Direct Labor + Variable Overhead + Avoidable Fixed Overhead + Rent Revenue
= $20,000 + $55,000 + $45,000 + $40,000 + $15,000
= $175,000
Answer: 1. 12. 2. 1.090. 3. 0.08327
Explanation:
Here is the complete question:
friend and fellow student shares her employment experience over the last 12-week summer break. It took her one full week to find a job. She started on the first day of week two and was able to keep her job for the remaining eleven weeks. Use this information to answer the following three questions, assuming the unemployment rate is not changing:
1. Calculate the rate of job finding (f) for the summer, using an average rate per week. Enter this value in the box below. Note that if f is the rate of job finding, then the average spell of unemployment is (1/f).
The value of f is:
2. Calculate the rate of job separation (s), using an average rate per week. Enter this value into the box below. Note that if s is the rate of job separation, then the average length of employment is (1/s).
The value of s is:
3. Calculate the natural rate of unemployment (U) using the above results and enter this value in the box below.
The natural rate of unemployment (in percent) is
1. From the question, we can see that it was said that took her one full week to get a job over the last 12 week summer break. The unemployment rate will be 12.
The value of f is: 12
2. From the question, the average length of the employment is 11/12 weeks. The rate of job separation will be: s = 12weeks ÷ 11 weeks
s = 1.090
The value of s is: 1.090
3. The natural rate of unemployment will be:
U = s/(s+f)
= 1.090/(1.090 + 12)
= 1.090/13.090
= 0.08327
Answer:
The correct answer is letter "C": weak competitors in the industry.
Explanation:
Organizational resources are all those assets a company has that allows the firm to maintain or improve its production process. Organizations can have <em>human, capital, monetary, </em>and <em>raw materials resources</em>. After properly combined, the firm's resources created final goods.
In that case, competitors do not represent assets firms can use in their production process.
B. Serena should focus on a certain amount and track her spending
