Response:
Details:
The journal entry for the payment received on April 13 from a customer is recorded as:
Date Account title and explanation Ref Debit Credit
Apr-13 Cash ($5000 - $150) $4,850
Sales discount ($5000* 3%) $150
Accounts receivable
$5000
(To document the payment received from the customer after discount
Solution and Explanation:
1. MC = Cost of raw materials + Labor cost
MC = 5 plus (10 divide by 2)
MC = $10
2. TFC = $300
Q = 300, AFC = TFC/Q = 300 divide by 300 = $1
3. Nicholas's optimum output is likely to be greater
Rationale: P = MR = $15, MC = $10
With MR exceeding MC, increasing output is advisable until MR equals MC to maximize profits.
4. His profit-maximizing output would likely increase
Reason: P = MR = $15, MC = $4 + $5 = $9
Since MR > MC, Nicholas should amplify his output until they are equated at the profit-maximizing point.
Answer:
The correct option is A.
$14.38 per direct labor hour
Explanation:
If the planned direct labor time for December is 8,000 hours, the total budgeted factory overhead per direct labor hour is calculated as follows:
Total budgeted factory overhead for December= Variable Factory Overhead rate per labor hour * budgeted labor hours for December + Fixed Factory Overhead monthly cost
Total budgeted factory overhead for December = 5*8000 + 75000
Total budgeted factory overhead for December = $115,000
Total budgeted factory overhead per labor hour = Total budgeted factory overhead for December/budgeted direct labor hours for December
Total budgeted factory overhead per direct labor hour = 115000/8000
Total budgeted factory overhead per direct labor hour = 14.38
Answer:
Check the explanation
Explanation:
Rachel Carson faced significant criticism from the agricultural and chemical sectors due to her book "Silent Spring," in which she detailed the negative effects of pesticides on the environment and human health.
She was labeled as a radical and an unqualified scientist with limited scientific understanding. Additionally, she was accused of prioritizing the protection of disease-carrying insects over human and plant welfare.
However, if we delve into Rachel Carson's identity and mission, it becomes evident that the critiques directed towards her are fundamentally misguided.
She was not only an outstanding scientist but also a writer focused on scientific matters; she researched and warned about the hazards that government-launched chemicals intended for pest control pose to all forms of life, including humans.
Even today, some representatives from the chemical industry still dispute her findings; their primary concern remains the production and sale of more chemicals, without regard for their adverse environmental effects. This accounts for their tendency to discredit her studies and findings.
Aliyah's updated balance would be her initial balance subtracting the payment she made. When a payment is deducted from an account, it is classified as a debit. Aliyah will debit $47.93 from her account, leading to her new balance being what remains.
