Response:
The difference in the cost of direct materials per equivalent unit between the two months is $0.70.
Clarification:
First, determine the direct cost per equivalent unit for September
Direct cost per equivalent unit = Total Cost / Total Equivalent units
= $12,000 / 7,500
= $1.60
The difference between the two months.
September = $1.60
Less August = ($0.90)
Difference = $0.70
Answer:Jalen journal $
Date
Jan 1,2021
Land Dr. 860,887
Note payable Cr. 860,887
Narration. Issuance of note for the above amount, payable in four installments for land purchase.
June 30,2021
Note payable Dr 215,221.64
Cash Cr. 215,221.64
Narration. Payment of the first installment for the land acquisition.
December 31,2021
Note payableDr 215,221.64
Cash.Cr. 215,221.64
Narration. Payment of the second installment for the land acquisition.
2. Remaining balance on note payable as of December 31, 2021 is $400,000
Interest expense balance is $30,443.28.
Explanation:
The land account is debited to reflect its purchase, while the notes payable account is credited to recognize the liability.
Payments made in the first and second periods debit the respective installment amounts.
The note payable balance indicates the outstanding principal payments of $800,000, whereas the interest expense denotes the additional amount beyond the principal.
Response:
The correct choice is letter "E": Conviction.
Rationale:
The stages of buyer readiness illustrate the process that marketing identifies consumers undergo while making a purchase influenced by advertisements. These stages include: Awareness, Knowledge, Liking, Preference, Conviction, Purchase. In the stage of conviction, marketing is aimed at persuading customers of the product's appropriateness for them. The advertisement seeks to instill confidence in consumers regarding their purchasing decision. Consequently, motivating women to purchase rings for themselves fits within this stage.
