The journal entry to be made to accrue wages expense at September
30 would be:
(Computation for the accrued salaries: 35,000/5 = 7,000 x 3
= 21,000)
Debit
Salaries and Wages Expense 21,000
Credit
Salaries and Wages Payable 21,000
At the next payday which is October 2, the entry would be:
Debit
Salaries and Wages Payable 21,000
Salaries and Wages Expense 14,000
Credit
Cash 35,000
Answer:
The correct answer is D
Explanation:
Expenditure is the funds which is used by organizations, firms or the corporations in order to attain the improve existing ones, new assets or the decrease the liability. In short, it is the use of the resource in the business operations.
So, when the expenditure is made on machine which is used by an enterprise need to be capitalized if it increase the quantity produced by the machine.
Answer:
The correct option is self-directed work groups and virtual teams
Explanation:
This question takes a look at post-bereaucratic organization(PBO),which is form of organization that differs from multi-divisional or multi-functional structure, where emphasis is laid on hierarchy and loyalty to superiors.
Self-directed work groups and virtual teams are a way to break the barriers that teams must be based in the same location and operate at the same time
With aid of advancement in information technology , far flung individuals can collaborate on issues of common interest, clear and mutual goals.
The team can only meetings via Skype for business and still ensure they deliver at the optimum level
Answer:
$458,000
Explanation:
The computation of the total production cost in case of 85,000 toys are produced
The fixed cost is
= Total manufacturing cost - total variable cost
= $360,000 - $140,000
= $220,000
And, the variable cost per unit is
= $140,000 ÷ 50,000 toys
= $2.8
So for 85,000 toys, the total production cost is
= Fixed cost + Variable cost × variable cost per unit
= $220,000 + 85,000 toys × $2.8
= $220,000 + $238,000
= $458,000
Answer:
d. $3
Explanation:
Quantity Total Cost Fixed cost Total var. marginal cost
0 $3 $3 0 0
1 $5 $3 $2 $2
2 $7 $3 $4 $2
3 $10 $3 $7 $3
4 $15 $3 $12 $5
the variable cost of the third unit is equal to the marginal cost of producing it.
