The inside address of a cover letter belongs to?

The rules of debit and credit for expense accounts are the same as the rules for asset accounts. true or false

zepelin [54]

True hope this helps!!

8 0

3 years ago

Historically, if an organization and employee do not have a specific employment contract, the employer or employee may not requi

Verizon [17]

Answer:

The correct answer is C) Employment-at-will

Explanation:

Under the employment-at-will doctrine, employers can dismiss an employee for any reason as long as the reason is not illegal (for example, firing someone because of his race or sex, which would be illegal discrimination), and employees can leave the job at anytime at will. Under this doctrine, if you do not want to keep working, you just stop going to your job.

The benefit of this doctrine is that it gives more labor flexibility and avoids the existence of lawsuits. The con of this doctrine is that it reduces labor protections.

6 0

2 years ago

The demand curve faced by a pure monopoly isa. vertical.b. horizontal.c. upward sloping.d. downward sloping.

svlad2 [7]

Answer:

Downward sloping

Explanation:

In a market condition of pure monopoly, there is a single firm operating the whole market and managing all the buyers. All the buyers in this market condition are price takers because the price is set by the monopolist.

The pure monopolist faces the downward sloping demand curve which shows the inverse relationship between the price of the good and the quantity demanded and they can obtain the economic profits in the long run because of the restrictions over the entry of the other firms.

3 0

2 years ago

When a transfer is made between cash and cash equivalents with no gain or loss, how is the transaction treated in the statement

hoa [83]

Answer:

d.it is not reported

Explanation:

Cash equivalents can be regarded as a highly liquid investments and can easily converted to amounts of cash that is is known, and are prone to insignificant risk incase of change in value. While Cash flows can be regarded as inflows and outflows of cash as well as cash equivalents. statement of cash flows are least useful by Creditors and investors for the assessment of their financial status at some point in time. It should be noted When a transfer is made between cash and cash equivalents with no gain or loss, the transaction is treated in the statement of cash flows by not reporting it

4 0

2 years ago

The standard cost of product 5252 includes 1.90 hours of direct labor at $14.00 per hour. The predetermined overhead rate is $22

Ann [662]

Answer:

a. Total labor variance $4,000 Unfavorable

Labor price variance $1,200 Unfavorable

Labor quantity variance $2,860 Unfavorable

b. $2,300 Favorable

Explanation:

a. The computation of total, price, and quantity variances for labor is shown below:-

1. Total labor variance = (Produced units × Direct labor hours × Per hour) - (Company direct labor hours × Average rate)

= (2,000 × 1.90 × $14.00) - (4,000 × $14.30)

= $53,200 - $57,200

= $4,000 Unfavorable

Labor rate variance = (Per hour - Average rate) × Company direct labor hours

= ($14.00 - $14.30) × 4,000

= -$0.3 × 4,000

= $1,200 Unfavorable

Labor efficiency variance = (Produced units × Direct labor hours - Company direct labor hours) × Per hour

= (2,000 × 1.90 - 4,000) × $14.30

= (3,800 - 4,000) × $14.30

= -200 × $14.30

= $2,860 Unfavorable

b) Total overhead variance = Manufacturing overhead cost - (Produced units × Direct labor hours × Predetermined overhead rate)

= $81,300 - (2,000 × 1.90 × $22.00)

= $81,300 - $83,600

= $2,300 Favorable

7 0

2 years ago