Answer:
P(13,2) = 169
Explanation:
We have to calculate the combinations for left and right shoe considering is not the same having a right shoe blue and left red than having a right shoe rend and a left red.
there are 13 pairs from whcih she will take a single pair:
where:
n = number of pair = 13
r = shoes = 2 (one on each foot)
P(13,2) = 169
Answer:
A painter hired to paint your home.
Explanation:
Delegation of contractual duty occurs when the individual that is supposed to perform a task transfers the responsibility of performing the task to another person.
For example if someone is supposed to paint a house but he has other engagements. He can delegate to another painter to perform the painting.
Delegation does not transfer contractual rights as the original person still collects payment for performance of the task.
Usually delegation can occur for tasks that do not require special skill and can be performed by anyone.
In the other scenarios special skill is required so delegation will not be usually allowed.
Answer:Gongaza journal $
Date.
a. August 1 2022
Bank. Dr. 600,000
Creditors Cr. 600,000
Narration. Issuance of $600,000 of 7 %, 10 years with annual Interest payment.
b. Interest Dr 8400
Creditors Cr 8400
Narration. Accrued interest on bond as at December 31, 2022.
c. August 1 2023
Creditors Dr 420,000
Bank. Cr. 420,000
Narration. Payment of interest on bond as at date.
Explanation:
The bond is a way of raising fund from the public and on payment it's received into the bank account and the bond holders are treated as creditors to the company .
The accompanying Interest on the bond account are accrued for monthly, debited to the income statement and credited to the bond account if not pay for immediately or credited to the bank account when payment is made.
The total accrued interest on the bond maturity is credited to bank account and debited to bond account on payment.
Answer: See explanation
Explanation:
The material price variance will be calculated as:
= (Standard price - Actual price) × Actual quantity of material used
= ($2 - $4) × 500
= -$2 × 500
= $-1000
= $1000 Unfavourable
The material quantity variance will be:
= Standard quantity - Actual quantity) × Standard price
=[(450 × 2) -500] × $2.00
= (900 - 500) × $2.00
= 400 × $2.00
= $800 Favorable
Answer:
b. Debit Work in Process Inventory $160,000; credit Factory Payroll Payable $160,000.
Explanation:
In order to record the cost of goods manufactured, once the goods are finished, you add up all the work in process debits. The following journal entry would be:
Dr Finished goods inventory
Cr Work in process inventory (all added up)
In this case, since you are recording labor usage, you must also credit wages or payroll payable (that correspond to the amount of labor used to manufacture the goods).
