Answer:
a, Journal Entries to record transactions
Account Titles Debit Credit
Cash $5,412.36
Cash Short and Over $0.71
($5,413.07 - $5,412.36)
Sales $5,413.07
The actual cash in cash register is debited to cash account and cash receipts per cash register tally is credited to sales account and the balancing figure is debited or credited to Cash short and over account.
b. Journal Entries to record transactions
Account Titles Debit Credit
Cash $3,712.95
Cash Short and Over $0.79
(3,712.95 - 3,712.16)
Sales $3,712.16
Answer:
EOQ: 80
order per year: 10
Explanation:
We need to solve for the Economic Order Quantity:
Where:
D = annual demand = 800
S= setup cost = ordering cost = 16
H= Holding Cost = 4
EOQ = 80
Orders per year = 800 demand/ 80 order size= 10
An example of Census data available is <u><em>when summarized data presented are available to individuals via the web without requiring a password.</em></u>
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Let understand that "Census" refers to the <u>survey conducted</u> by the government of which the main purpose is to collect information about the general population of the country.
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A typical Census collects information about <em>name. address. basic demographics, date of birth, country of birth, education qualification, employment information and so on</em>
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- Census is a <u>public information</u> but information collected therein are not opened to the public, rather, a statistics is drawn out of it and can therefore be used by the public for any purpose.
In conclusion, statistics drawn from the census can be found on website and are free to access by anyone.
Learn more about Census here
<em>brainly.com/question/4634088</em>
Answer:
The overhead cost assigned to each unit of product B is $46.2 per unit.
Explanation:
Overhead absorbed in each product B can be calculated as under:
Overhead Absorbed = Overhead Absorption Rate * Absorption Basis
Here in this question, the absorption basis is Direct labor hours. So the direct labor hour per unit of Product B is 0.7 Hr and the OAR is $66.
By putting values in the above equation, we have:
Overhead Absorbed = $66 per unit * 0.7Hrs = $46.2 per unit
