Answer:Earned, owned
Explanation: A brand is an identifying symbol, mark, logo, name, word, and/or sentence that companies use to distinguish their product from others.
In today's marketplace teeming with thousands of products and services, all of which are being rapidly commoditized, a brand stands out from the clutter and attracts attention.
A brand name can create and stand for loyalty, trust, faith, premium ness or mass-market appeal, depending on how the brand is marketed, advertised and promoted.
A brand differentiates a product from similar other products and enables it to charge a higher premium, in return for a clear identity and greater faith in its function.
Answer:
B. Debit Vacation Benefits Expense $1,500; credit Vacation Benefits Payable $1,500
Explanation:
Lets consider all the other options to eliminate them from our choice
Option A: The entry provided debits the vacation benefits expenses and credits the prepaid vacation benefits. The liability for the vacation credit earned by the employees during the month needs to be recorded so this is not an adjustment of an advance vacation benefit.
Option C: The required entry has nothing to do with taxes so not relevant.
Option D: The entry is to record the liability for vacations earned by the employees so an expenses has to be recorded.
Option E: The option reduces the liability and reduces the expenses which is against the requirement of the question
Answer:
$2,000 and it is favourable
Explanation:
Direct material quantity variance is defined as the efficiency with which materials are converted into products. It is calculated by multiplying standard price of material by the difference between standard quantity and actual quantity used.
Standard price (SP)= $2.50
Standard quantity (SQ)= 30,000 units
Actual quantity (AQ)= 29,200 units
Material quantity variance = SP * (SQ - AQ)
Material quantity variance= 2.50 * (30,000 - 29,200)
Material quantity variance= $2,000
Answer:
e. DEBIT to Accounts Receivable $44,000
Explanation:
The accrual journal entry to record the sale involves a debit to the accounts receivable account and a credit to sales revenue;
Income 44000
Costing 23000
e. DEBIT to Accounts Receivable $44,000
Answer:
If British interest rates suddenly increase substantially relative to U.S. interest rates, the demand by U.S. investors for British pounds <u>increases</u>, and the British pound will <u>appreciate.</u>
