Henthcote Corpotation is a manutacturer that uses job-order costing. The company closes out any overapplied or underapplied overhead to Cost of Gopds Sold at the end of the year. The company has supplied the following data for the just completed year: Estimated total manufacturing overhead at the beginning of the year $546,000
Estimated firect labor-hours t the beginning of the year 42,000 direct labor hours
Result of operations
Actual direct labor hours 47,000 direct labor hours
Manufacturing overhead Indirect labor cost $$152,000
Other manufacturing overhead costs incurred $454,000
Cost of goods manufactur $1,569,000
Cost of goods sold $1,458,000
Multiple Choice a. $186.000 Underapplied
b. $5,000 Underapplied c. $186,000 Overopplied d. $5,000 Overapplied
Answers
Underapplied (overapplied) overhead $5,000. The answer is option b: $5,000 Underapplied.
The underapplied or overapplied manufacturing overhead is calculated as follows:
Calculating the predetermined overhead rate
Estimated total manufacturing overhead at the beginning of the year $546,000
Estimated direct labor-hours at the beginning of the year 42,000 direct labor hours
Predetermined overhead rate (per direct labor hour)
= Estimated total manufacturing overhead / Estimated total direct labor-hours
= $546,000 ÷ 42,000 direct labor-hours
= $13 per direct labor-hour
Computing the amount of manufacturing overhead applied to production
Actual direct labor-hours incurred during the year 47,000 direct labor-hours
Direct labor cost $470,000 ($10 × 47,000)Manufacturing overhead applied
= Actual direct labor-hours incurred during the year × Predetermined overhead rate
= 47,000 × $13
= $611,000
Computing the amount of underapplied or overapplied overhead
Manufacturing overhead costs incurred during the year
Indirect labor cost $152,000
Other manufacturing overhead costs incurred $454,000
Total manufacturing overhead costs incurred $606,000
Amount of manufacturing overhead applied $611,000
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Related Questions
As part of their winter season disaster management programme, the City of Cape Town is looking for flood and fire management contractors. As part of the requirements, the bidders must have rescue helicopters and firefighting equipment. The City has engaged your services as a procurement specialist. You realised the following: a. There are only 2 helicopter companies that can quickly respond to flood and fire related disasters. b. There is only company with the fire-fighting equipment and capacity. The Cape Town residents have protested against the idea of outsourcing disaster management services. The City wants you to deal with this issue in an objective manner. Present a balanced argument on that rationale of outsourcing. [12] For the toolbar, press ALT+F10 (PC) or ALT+F+F10 (Mac)
Answers
The rationale for outsourcing disaster management services is justified in various ways. To begin with, outsourcing is beneficial as it ensures that disaster management is handled by professionals who specialize in the area.
Disaster management requires specific expertise, and outsourcing provides the assurance that the City will be working with experienced contractors who have the necessary resources to handle any emergency. Outsourcing also gives the City of Cape Town flexibility and access to a wider range of resources to deal with disasters that may be beyond its current capacity and expertise.
Additionally, outsourcing can be more cost-effective compared to having the City invest in resources that it will only use during emergencies. By outsourcing, the City can avoid the costs associated with owning and maintaining emergency equipment and hiring trained personnel. When outsourcing, the City can negotiate favorable rates that suit their budget while still ensuring that they get quality services.
On the other hand, outsourcing can also have its downsides. One disadvantage of outsourcing is that the quality of services may be lower than expected.
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Résumé search programs often search for _____. a. nouns b. verbs c. adjectives d. participles
Answers
Answer:
noun
Explanation:
indeed
Resume search programs often search for noun. A resume keyword scanner is software that job posting sites use to search resumes for certain keywords.
What is Resume?A resume is a formal document created by a job seeker to list their qualifications for a particular position.
A customized cover letter is typically included with a resume, in which the candidate expresses interest in a certain job or organization and highlights the most essential data on the resume.
Thus, option a, Noun is correct option.
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Making Decisions It is Friday, Homecoming, and the big game with a rival school is tonight. You have an after-school job, and you have been saving for the big event for the past month. BUT, you had to purchase two new tires for your car; and now you only have $40 to spend. You need to get gas, pay to get into the game, and you had planned to take your date out to eat after the game before you go the Homecoming dance. Answer each question in complete sentences using proper grammar and punctuation: 1. Do you have enough money to do all that you had planned? 2. If gas costs $3.00 per gallon, what factors will determine how much gas you purchase? 3. We will assume that you and your date will get into the game for free since you are students. Will you have enough to take your date to dinner after the game, once you purchase gas for your car? 4. Would you be better off to cancel the whole night's plans? Justify your answer...tell why you made your choice.
Answers
Answer:
1. No
2.If you are on a budget it depends if you want to purchase $50 or another amount, while if you want to fill up the gas tank it depends on the cars' capacity. Some cars can take up to 11 gallons of gas, so if wanting to fill up the tank you would need to spend $33.
3. no because i will have 6 dollars left.
4. yes and chill at home with my date, im sure he/she will understand unless they will help pay for it or ask parents.
JUSTIFYING ANSWER= i choose to be this way because first off i would save my money once i even found about homecoming.
Explanation:
16. Demographics are
Answers
Answer:
statistical data relating to the population and particular groups within it.
Explanation:
!!
identify whether each of the following events in this scenario occurs in the factor market or the product market.
Answers
In this scenario, the following events occur in the factor or product markets: Dmitri spends $350 on a good from a producer, so this is a part of the goods market (Product Market) Frances is a girl.
What is the connection between product and factor markets?Demand in the product market drives the factor market. The resources required to produce goods and services are created or obtained in sufficient quantities to meet product market demand. In effect, the factor market is dictated by the consumer market. Factor markets help the economy grow by providing entrepreneurs with the tools they need to put their ideas into action. Product markets provide goods and services to consumers while making money for producers. A factor market is a market in economics where factors of production are bought and sold. Factor markets allocate production factors such as land, labour, and capital and distribute income to owners of productive resources such as wages, rents, and so on. A factor market is a market in which production means, or factors, are traded. Input market is another term for factor market. Typically, businesses will buy and sell the resources required to produce goods and services for their customers.
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Max is using a search engine to do research on trends in his industry when he comes across a website that isn’t necessarily related to his research–but is interesting and engaging. Without realizing it, Max spends over an hour browsing through the webpage’s numerous articles and links. When his boss asks him if his research report will be ready by the end of the day, Max isn’t sure how to respond. He’s hardly done any work–but it’s not like he was purposely avoiding work. He was using the search engine for the purpose of research, after all. It’s not his fault that the search results weren’t very relevant. Max is considering asking his boss for an extension on his deadline so that he can spend more time researching. What do you think? What should Max do?
Answers
In this situation, Max has to first give his boss some advance notice that he wont be able to complete the report before deadline, explain himself briefly as to why that is, then ask for more time to be able to complete the task.
What is a deadline?A deadline indicates that a task or project is anticipated to be finished by that date and time. There is a clear expectation of what must be provided and by when thanks to deadlines. Employees are able to take charge of their work in this way and include deadlines into their time management techniques.
It's critical to schedule deadlines in advance because your work may be delayed. Recognize that some resources might be delayed and that some people might not be available. You may prevent the disaster of missing a deadline by making plans in advance.
Deadlines are crucial in business for a variety of reasons. They establish standards and encourage productive behavior in the workplace.
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Your annual budget to hire a social media team is $620,000. If each member on the team is paid $18/an hour and works a total of 2,040 hours per year, how many members can you hire for the team?
Answers
The number of team members you can hire based on your annual budget of $620,000 for the social media team is 16.
What is budgeting?Budgeting is the process of making a financial estimate of expected revenue and expenditure for a period.
Budgeting ensures that sufficient funds are made available and spending does not exceed the budgeted amount.
Data and Calculations:Annual budget for media team = $620,000
Member's rate per hour = $18
Total hours worked per year by a member = 2,040
A member's earnings per year = $36,720 ($18 x 2,040)
The number of team members to hire =16.9 ($620,000/$36,720)
Thus, the number of team members to hire for the social media team is 16.
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A project manager has multiple projects. One project has new team members and is in its early stages. Unfortunately, the project manager will be very busy executing other projects over the next few weeks. How can the project manager develop the new project team over the next few weeks?
Answers
Help the team create a social contract that will encourage team cohesion can be done by the project manager for the successful completion of the project.
The level of cooperation amongst team members is known as team cohesiveness. When a team is cohesive, everyone is aware of their responsibilities, appreciates their own talents, and is dedicated to the team's overall objectives.
In spite of all the information available on cooperation and teamwork teams still struggle with group cohesion
Because knowledge is pointless if it is not put to use. And in order to effectively put many of the concepts in these articles—such as providing feedback, being open and honest, fostering trust, and communicating clearly—you must first recognize the people you'll be dealing with.
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as a dues-paying member of the american financial association, christine receives the quarterly publication, finances for you, free-of-charge. what type of circulation does this represent?
Answers
Christine receives the quarterly publication, finances for you, free-of-charge This represents controlled-circulation
Due to the fact that the magazine is only sent to those who meet certain requirements (dues-paying members of the American Financial Association). Controlled circulation is a method of distribution that publishers use to distribute free subscriptions to their magazines to specific individuals or groups who satisfy certain criteria, such as employment in a particular industry or organization. The distribution is "controlled" because the publisher decides who will receive the magazine and frequently asks recipients to fill out an application or meet certain standards. Controlled circulation is common in B2B (business-to-business) magazines that cater to specific professions or industries. The goal is to target a certain audience, give that audience a useful resource, and make money through advertising at the same time.
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In the definition of the two good budget set, {(x1, x2) E Rp1x1 + p2x2 ≤m}; we argued that we could normalize the price of good 2 to be 1. (a) Express the budget set corresponding to p₁ = 7, P2= 3.5, and m = 10.5 in such a form. Draw this budget set. = (b) Repeat the above exercise for pi 8, P2= 2, and m = 12 and draw this budget set on the same axes. = 15, and (c) Repeat the above exercise for pi 10, P2 = 5, and m = draw this budget set also on the same axes.
Answers
(a) Budget set: (2/7)x₁ + x₂ ≤ 3. Draw a line starting from (0,3) with a slope of -(2/7).
(b) Budget set: (1/4)x₁ + x₂ ≤ 6. Draw a line starting from (0,6) with a slope of -(1/4).
(c) Budget set: (1/2)x₁ + x₂ ≤ 3. Draw a line starting from (0,3) with a slope of -(1/2).
(a) To communicate the spending plan set comparing to p₁ = 7, p₂ = 3.5, and m = 10.5 in the standardized structure, we partition the two sides of the spending plan limitation by p₂ (which is 3.5 for this situation) to get:
(x₁/3.5) + (x₂/1) ≤ 10.5/3.5
Working on the situation, we have: (2/7)x₁ + x₂ ≤ 3
This addresses the spending plan set in the standardized structure. To draw the spending plan set, we plot the x₁-x₂ plane. The spending plan set comprises of the relative multitude of attainable mixes of x₁ and x₂ that fulfill the given disparity.
It is a straight line with a capture of 3 on the x₂-hub and an incline of - (2/7) (negative on the grounds that the coefficient of x₁ is negative). The line begins from the point (0,3) and reaches out towards the negative x₁ bearing.
(b) For p₁ = 8, p₂ = 2, and m = 12, the standardized spending plan set is:(x₁/8) + (x₂/2) ≤ 12/2. Disentangling, we get: (1/4)x₁ + x₂ ≤ 6
The comparing spending plan set is one more straight line with a block of 6 on the x₂-hub and an incline of - (1/4). It begins from the point (0,6) and reaches out towards the negative x₁ heading.
(c) For p₁ = 10, p₂ = 5, and m = 15, the standardized financial plan set is:
(x₁/10) + (x₂/5) ≤ 15/5. Disentangling, we have: (1/2)x₁ + x₂ ≤ 3
The spending plan set is a straight line with a block of 3 on the x₂-hub and an incline of - (1/2). It begins from the point (0,3) and reaches out towards the negative x₁ heading.
To draw these spending plan sets on similar tomahawks, plot the x₁-x₂ plane and define every one of the three boundaries addressing the spending plan sets.
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Which characteristic gives the term preference shareholder its distinct name?
Preferred shareholder gets its name from its unique feature that shareholders of such shares are given first preference in terms of payment in case the business_____.
Answers
Answer: dividends
Explanation:
Dividends are not liability of the firm. The preferred dividends are differed. The dividends and preferred dividends must be paid to the individual stakeholders so that equal share share can reach out to the individual owner before the common shareholders can receive any monetary gain. Dividends are the taxes that are not included in the business expenses but it is included as corporate tax. The dividends by the shareholders are included with the tax.
Answer:
shuts down
Explanation:
The Board of Directors of a national Health Care System is considering which electronic health record (EHR) system to use and how to implement the EHR in all of its facilities. As a Health Care IT consultant, the student will work with various team members at the corporate level to gather information and analyze the efficacy, safety/security/legal factors, cost effectiveness, and cost-benefit factors of two possible new systems to help them decide whether or not to implement one of them. The student will also recommend a high-level implementation plan that considers system cutover and change management.
Answers
The student will evaluate two EHR systems, analyze their factors, and recommend an implementation plan to the Board.
As a Medical services IT specialist, the understudy's job includes working with the Governing body and corporate colleagues to assess two potential electronic wellbeing record (EHR) frameworks for a public Medical services Framework.
The understudy's liabilities remember gathering data and directing examinations for the adequacy, wellbeing, security, lawful variables, cost viability, and money saving advantage contemplations of the proposed frameworks.
In light of the examination, the understudy will give suggestions to the Board with respect to the execution of one of the EHR frameworks.
Furthermore, the understudy will foster a significant level execution plan that includes framework cutover and change the executives, guaranteeing a smooth progress and fruitful reception of the picked EHR framework across all offices.
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_____ and _____________ are critical, and needs to be built into the overall process of relationship
Answers
Answer: The options related to your question is missing hence i will provide you with a general answer on process of relationship
answer : wholehearted love and Decision are critical
Explanation:
The overall process of any kind of relationship passes through five specific stages and each relationship passes through these stages repeatedly . the stages are ; The merge stage , doubt stage , disillusionment , decision and love ( whole hearted )
Jordan has $5. 37, which he is using to buy ingredients to make salsa. He is buying one red pepper for $1. 29 and three pounds of tomatoes. If Jordan has exactly the right amount of money he needs, what is the price per pound of the tomatoes? Choose the correct equation to represent this real-world problem. Solve the equation and verify the reasonableness of your answer. A pound of tomatoes costs.
Answers
Answer:
5.37 = 3x + 1.29 and 1.36
Explanation:
If a location offers incentives for moving in, it may be a sign of
Question 6 options:
a thriving business.
problems.
bad plumbing.
Answers
Answer:
Below:
Explanation:
The Correct Answer Is "Gentrification."
Hope it helps.... Bro/Sis
It's Muska.... :)
If a location is offering one incentives to move in then it might be a sign of problems.
Why are incentives offered?To convince one to do something that they might not ordinarily do. To convince one to overlook problematic aspects of an offer.If a location is therefore offering incentives, it could be because there are problems with the location that the seller wants the buyer to overlook.
In conclusion, option B is correct.
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What are the different components that electronic banking provides?
Answers
Answer:
Effiency, you can't spend more than you have.
Explanation:
Electrical banking allows you to make purchases online much quicker rather than punching in the numbers for your credit/debit card. And with electrical banking, the money comes directly from your account unlike a credit card its the banks money so if you spend to much, you're in debt, but that can't happen with electrical banking.
What will be the end result for the taxpayer who filed his federal income tax
return using the 1040EZ form shown below?
Answers
Answer:
I got " He Will Owe $180
Explanation:
A P E X
Answer: he will owe 250
Explanation:
The default modifier used by most search engines is:
A. NOT.
B. OR.
C. ELSE.
D. AND.
Answers
What are the pros and cons of joining a union from an employee's perspective? Name and describe at least 3 pros AND 3 cons.
Answers
1. Collective bargaining: Unions can negotiate better wages, benefits, and working conditions on behalf of their members. Employees who are part of a union often have more bargaining power than those who are not.
2. Job security: Unions can provide job security by protecting employees from unfair termination or disciplinary action. Employees who are part of a union may also have more protection against layoffs or downsizing.
3. Legal representation: Unions can provide legal representation to their members in disputes with their employer. This can be especially helpful if an employee feels they have been treated unfairly or discriminated against.
Cons of joining a union from an employee's perspective:
1. Union dues: Union members are required to pay dues, which can be a significant expense. These dues are often a percentage of the employee's salary and can be a financial burden for some workers.
2. Limited individual bargaining: Employees who are part of a union may have limited ability to negotiate their own wages, benefits, and working conditions. Union contracts are negotiated collectively, which means that individual employees may not be able to negotiate a better deal for themselves.
3. Strikes and work stoppages: Unions may call for strikes or work stoppages as a bargaining tactic. While these actions can be effective in achieving union goals, they can also be disruptive to employees who may lose wages or benefits during the strike.
if a mutual fund's net asset value is $23.50 and the fund sells its shares for $25.20, what is the load fee as a percentage of the net asset value? round your answer to two decimal places. %
Answers
If a mutual fund's net asset value is $23.50 and the fund sells its shares for $25.20, what is the load fee as a percentage of the net asset value is "7.23%".
The load fee is the percentage of the sale price that the investor pays to the mutual fund company as a commission.
Let's calculate the load fee as a percentage of the net asset value (NAV),
we first need to find the difference between the sale price and the NAV:
Load fee = Sale price - NAV
Load fee = $25.20 - $23.50
Load fee = $1.70
Now, calculate the load fee as a percentage of the NAV,
Load fee percentage = (Load fee / NAV) x 100%
Load fee percentage = ($1.70 / $23.50) x 100%
Load fee percentage = 7.23%
Therefore, the load fee as a percentage of the net asset value is "7.23%".
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maintenance that must be performed immediately to minimize damage to a hotel is referred to as:
Answers
Maintenance that must be performed immediately to minimize damage to a hotel is commonly referred to as emergency maintenance.
Emergency maintenance involves addressing urgent issues or situations that pose a threat to the safety, functionality, or integrity of the hotel's physical infrastructure or guest experience. Examples of emergency maintenance in a hotel may include: Plumbing or water-related issues: Addressing burst pipes, leaks, overflowing toilets, or malfunctioning sprinkler systems that can cause water damage and disrupt operations. Electrical failures: Responding to power outages, electrical shorts, or faulty wiring that may pose fire hazards or disrupt essential services. HVAC system breakdowns: Rectifying failures in heating, ventilation, and air conditioning systems to ensure guest comfort and prevent health or safety risks. Structural damage: Addressing issues such as roof leaks, foundation problems, or structural instability that can compromise the safety and integrity of the building. Security concerns: Resolving issues related to broken locks, malfunctioning security systems, or unauthorized access points to maintain guest safety and protect the property. Promptly addressing emergency maintenance needs is crucial to prevent further damage, ensure the safety of guests and staff, and minimize disruptions to hotel operations. Hotels typically have protocols in place to respond swiftly to emergency maintenance situations, often involving dedicated on-call staff or contractors to address urgent repairs as quickly as possible.
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Use for business communications only and the disallowing of the transmission of confidential business information are recommended guidelines for ________
Answers
Use for business communications only and the disallowing of the transmission of confidential business information are recommended guidelines for Instant Messaging. The Business communication is the exchange of information between employees and those outside the firm. Its goal is to improve organizational methods and cut down on errors.
Upward communication, downward communication, lateral communication, and exterior communication are the four major categories. The Internal business communication or information transferred within an organization is referred to as upward, downward, and lateral communication.
The communication includes assigning duties to employees, receiving and responding to customer comments, and producing a press release of a business.
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“Equivalent income in the city you are moving to” and the “percentage decrease you can take in your salary to still maintain your standard of living”. What do these two sentences mean?
Answers
Answer:
The two sentences mean that the "Equivalent income" is the income you can receive in the new city. The "percentage decrease" in salary to maintain your current living standard is the rate of decrease in salary.
Explanation:
For example, if your equivalent income in the new city is $45,000 and your current income is $50,000, and the percentage decrease in salary is 40%, it implies that your living standard may be below $45,000.
Thus, at a salary of $45,000, you can still maintain your living standard with a salary of $30,000 ($50,000 x (1 - 0.4).
The workplace has been on track towards digital transformation for years , but the covid-19 pandemic pushed companies to move to online communications. do you think companies will go back to traditional ways of communicating as global covid-19 cases keep dropping or will digital communication be maintained? support your answer with relevant evidence from research and examples.
Answers
No, The companies will not go back to traditional ways of communicating even though global covid-19 cases keep dropping. Yes, digital communication will be maintained.
Data communication, often known as digital communications, is the transfer and reception of data across a point-to-point or point-to-multipoint communication channel in the form of a digital bitstream or a digitized analog signal.
The messages produced by the source—which are typically in analog form—are transformed into digital format in a digital communication system before being transferred. The received digital data is transformed back to analog form at the receiving end, roughly reproducing the original message. Communication is more crucial than ever in today's digital environment. Digital communication has several advantages, including the capacity to interact with individuals from all over the world and the capacity to communicate more effectively and efficiently.
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True or False: Classifying products into meaningful categories helps marketers decide which strategies and methods will help promote a business's product or service.
Answers
True. Product categorization assists marketers in determining which techniques and approaches will best promote a company's product or service. Marketers may acquire a better knowledge.
of each product and its market potential by categorizing them based on its qualities, features, advantages, and target audience. This data may then be utilized to create effective marketing plans and select the best channels and approaches for reaching out to and engaging potential clients. If a product is classed as a luxury item, the marketer may opt to target wealthy clients through high-end retail establishments, high-end periodicals, and exclusive events. If, on the other hand, a product is designated as a low-cost item, the marketer may opt to target low-cost clients through discount outlets.
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quality assurance programs have been successful in many manufacturing environments because they increase workers’ autonomy over the work process. t or f
Answers
Quality assurance programs have been successful in many manufacturing environments because they increase workers’ autonomy over the work process: False.
What is a product?A product can be defined as any physical object (tangible item) that is typically produced by a manufacturer in order to satisfy and meet the demands, needs, or wants of every customer.
What is total quality management?Total quality management (TQM) can be defined as a management framework which is typically focused on achieving long-term success, especially through efforts by all the members of staff (employees) in an organization to satisfy customers by always delivering a desired level of quality in their service or product.
Generally speaking, most quality assurance programs under total quality management (TQM) have been successful in many manufacturing environments because it has been less successful since employees do not have control over the manufacturing process.
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Error in amortization schedule 乌ி LO14-3 Nakano Food Products, Inc., acquired a packaging machine from Lawrence Specialists Corporation. - Lawrence completed construction of the machine on January 1, 2022. - In payment for the machine Nakano issued a threeyear installment note to be paid in three equal payments at the end of each year. - The payments include interest at the rate of 10%. - Lawrence made a conceptual error in preparing the amortization schedule, which Nakano failed to discover until 2024. - The error had caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. Required: I. Determine which accounts are incorrect as a result of these errors at January 1. 2024, before any adjustments. Explain your answer. (Ignore income taxes.) 2. Prepare a journal entry to correct the error. 3. What other step(s) would be taken in connection with the error?
Answers
1. Accounts affected by the errors at January 1, 2024, before any adjustments need to be determined.(2.) A journal entry should be prepared to correct the error.(3.) Additional steps may be required to address the error.
1. Accounts affected by the errors: The errors in the amortization schedule caused Nakano to understate interest expense by $45,000 in 2022 and $40,000 in 2023. As a result, the interest expense account for both years would be understated. The notes payable account would also be affected because the correct amount of interest expense should have been included in the note payable balance. Therefore, at January 1, 2024, before any adjustments, the interest expense and notes payable accounts would be incorrect due to the errors.
2. Journal entry to correct the error: To rectify the errors, a correcting journal entry needs to be made. The entry would involve increasing the interest expense account by $45,000 for 2022 and $40,000 for 2023, as these amounts were previously understated. Additionally, the notes payable account should be adjusted by the same amounts to reflect the correct balances. The journal entry would debit the interest expense account and credit the notes payable account.
3. Other steps in connection with the error: Apart from the journal entry, further steps may be taken to address the error. This may include notifying external parties, such as auditors or stakeholders, about the correction made to the financial statements. It is important to ensure that the corrected financial statements are properly communicated and any necessary disclosures or adjustments are made to prevent future misstatements. Internal controls and review processes may also be evaluated or strengthened to minimize the chances of similar errors occurring in the future.
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Which of the following is a characteristic of a service?
A. Can be stored
B. Can be repeated in exactly the same way
C. Mass produced
D. Intangible
Answers
Answer:
D.Intangible
Explanation:
Because three characteristics of service are: intangibility, inseparability, variability
The correct answer is D. Intangible. is a characteristic of a service
What are servicesServices are intangible in nature. This means that they do not have a physical presence and cannot be touched or held like physical goods. This is one of the key characteristics that differentiates a service from a product.
Options A, B, and C are typically characteristics of goods, not services:
A. Services cannot be stored for later use like physical goods.
B. Due to the human aspect involved in delivering services, they may not be repeated in exactly the same way each time.
C. Services are generally customized to the individual customer and are not mass-produced in the same sense as physical goods.
Option D is therefore a service characteristic.
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Retailing includes all activities involved in selling, renting, and providing product and services Blank______.
Answers
Retailing includes all activities involved in selling, renting, and providing product and services to ultimate consumers.
What is retail?It should be noted that retail simply means the sale of goods and services to ensure that the demand of the public are met.
In this case, retailing includes all activities involved in selling, renting, and providing product and services to ultimate consumers.
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for almost 100 years, stocks have earned an average annual return of almost 10 percent.
Answers
Most investors would view an average annual rate of return of 10% or more as a good ROI for long-term investments in the stock market. However, keep in mind that this is an average. Some years will deliver lower returns -- perhaps even negative returns.
For instance, if you estimate a 10% annual rate of return, you're anticipating that your investment's value would rise by 10% annually. Therefore, if you put $1,000 into an investment for a year, at the end of the year, before deducting expenditures, your investment would be worth $1,100. According to the S&P 500 index, the average annual return on the stock market for over the last century has been around 10%. The market returns vary from year to year, sometimes exceeding that amount and other times falling short. You only need to know where to hunt for mutual funds that, throughout the course of their existence, have generated returns of, on average, 12% every year.
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