Answer:
$3,283
Explanation:
Calculation for the overhead cost be added to Job W at year-end
Using this formula
Overhead cost =(Overhead cost / Direct Labor) *Job W Direct Labor
Overhead cost=($6,365 / $9,500) *$4,900
Overhead cost=0.67*$4,900
Overhead cost=$3,283
Therefore the overhead cost be added to Job W at year-end is $3,283
Answer:
C. Required reserves decrease by $20.
D. Outstanding liabilities decrease by $200.
A. Required reserves increase by $65.00.
D. Outstanding liabilities increase by $650.
Explanation:
<u>PART I:</u><u> The withdrawal from the checking accounts:</u>
makes the required reserves to decrease as there is less cash deposists.
Also, the bank no longer has the obligation to give this 200 dollars to Shantee thus, otstanding liabilities decrease by 200 as well:
checking deposits 200 debit
cash 200 credit
<u>PART II:</u><u> Deposit in a checking account</u>
This is the opposite. The bank reserve must increase by 10% of the deposit
650 x 10% = 65
And the outstanding liaiblities increase by the full amount as later the bank will give back 650 dollars to Dalon in the future.
Answer:
True
Explanation:
A single use plan is basically a one time business transaction that is supposed to take place only once and should not be repeated in the future. In this case, the production plant has been used for more than 100 years, but once it is sold, its history and the company should no longer have any type of relationship with it.
The right answer for the question that is being asked and shown above is that: "d. A sole proprietorship has a life of its own apart from its owner." It is considered as the simplest business form where one can operate. It is not a legal entity in itself.
Answer:
The answer is letter D.
Explanation:
It is reasonable to expect that the cyclical unemployment rate has been unaffected.
