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Maru [420]
2 years ago
3

Meetings are a gathering of employees to pool information, solicit feedback, clarify policy, seek consensus, and ________ (two w

ords).
Business
1 answer:
makvit [3.9K]2 years ago
7 0

Meetings are a gathering of employees to pool information, solicit feedback, clarify policy, seek consensus, and solve problems. Meetings are held at definite times, at a definite place and with definite duration. Usually  an agreed upon agenda. should be followed. However the participants of a meeting can also be gather and connected technologically (through a telecommunication network) . This is referred to as virtual meeting.


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For each separate case below, follow the three-step process for adjusting the unearned revenue liability account at December 31.
Anastaziya [24]

Answer:

Step 1) The current balance equals to $ 9000

Step 2)The current balance should equal to (9000/12 * 10) $ 7500

Step 3) the adjusting entry would be

Dec 31              Unearned Revenue          $ 1500 (dr)

                              Revenue Earned                                     $ 1500 (Cr)

Step 1) The current balance equals to $ 400.

Step 2) The current balance should equal $ 100

Step 3) The adjusting entry would be

Dec 31             Unearned Services Revenue    $ 300 (dr)

                                Services Revenue  Earned                     $ 300 (Cr)

Step 1) The current balance equals to $ 3000.

Step 2) The current balance should equal ( $ 30,000/12 *4= $ 10,000) $ 30,000- $ 10,000= $ 20,000

Step 3) The adjusting entry would be

Dec 31             Unearned Rent Revenue    $ 10,000 (Dr)

                                  Rent Revenue  Earned                      $ 10,000 (Cr)

5 0
2 years ago
Tustin Corporation has provided the following data for its two most recent years of operation: Selling price per unit $ 68 Manuf
riadik2000 [5.3K]

Answer:

The net operating income under variable costing is $139,000

Explanation:

                                 Tustin Corporation

            Contribution Margin Income Statement for 1st year

                                                                         Amount

Revenue                                                    $680,000

(10,000 * $68)

Less: Variable Expense

Direct Material =                                             $100,000

(10,000 * $10)

Direct Labor=                                               $60,000

(10,000 * $6)

Variable manufacturing overhead                     $40,000

(10,000 * $4)

Variable selling and administrative                   <u>$60,000</u>  

expense (10,000 * $6)

Contribution                                                       $420,000

Less: Fixed Costs

Fixed Manufacturing overhead                       $220,000

Fixed selling and administrative                         $61,000

overhead  

Net Income                                                           $139,000

5 0
2 years ago
You want to start an organic garlic farm. The farm costs $190,000, to be paid in full immediately. Year 1 cash flows will be $25
valentina_108 [34]

Answer:

internal rate of return 31.8%

Explanation:

on excel we will list each cash flow:

Y0 -190,000

Y1   25,000

Y2    37500 (Y1 x (1+g) = 25,000 x 1.05)

Y3 56250    (37,500 x 1.05)

Y4 84375     (56,250 x 1.05)

Y5 386562.5 (84,375 x 1.05 + 260,000 from the sale)

we now write =IRR( and select the cells then, press enter

the IRR function return: 31.8503%

we round into 1 percent 31.8%

3 0
2 years ago
A company needs to locate three departments (X, Y, and Z) in the three areas (I, II, and III) of a new facility. They want to mi
sp2606 [1]

Answer:

The correct answer is option (A) $2,600

Explanation:

Given data;

The data given can be tabulated below for easy understanding

Pairs                        Flow         Distance          Flow distance

X-y                              30            20                     600

Y-Z                            280             10                     2800

Z-X                            180             10                      1800

Total flow = 600 +2800 + 1800 = 5200

To calculate the total weekly cost, we use the formula;

Total weekly  cost is =  Total flow * Cost of per load

                                    = 5200 *0.5

                                     $2,600

5 0
2 years ago
Recher Corporation uses part Q89 in one of its products. The company's Accounting Department reports the following costs of prod
Leto [7]

Answer and Explanation:

The preparation of the financial impact is shown below:

Particulars                                     Make                         Buy

Direct Material (7,400 × $7.50) $55,500  

Direct Labor (7,400 × $4.20) $31,080  

Variable overhead (7,400 × $8.30) $61,420  

Supervisors salary (7,400 × $3.20) $23,680  

Depreciation on special equipment $0                          $0

General overhead                    $3,400  

Purchase cost (7,400 × $27)                               $199,800

Opportunity cost                                               $(18,000)

Total Annual Cost                      $175,080                $181,800

b. As we can see that the total annual making cost is $175,080 and the total annual buying cost is $181,800 which increase the cost by $6,720. So in this case the company should make the product rather than buying them

4 0
2 years ago
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