Knight company reports the following costs and expenses in may. factory utilities $17,000 direct labor $73,700 depreciation on factory equipment 13,150 sales salaries 49,900 depreciation on delivery trucks 4,300 property taxes on factory building 3,300 indirect factory labor 50,300 repairs to office equipment 2,000 indirect materials 82,400 factory repairs 2,450 direct materials used 141,700 advertising 15,600 factory manager’s salary 8,200 office supplies used 3,510from the information, determine the total amount of: (a) manufacturing overhead(b) product costs(c) period costs
Answers: 2
Business, 22.06.2019 13:30
On january 2, well co. purchased 10% of rea, inc.’s outstanding common shares for $400,000, which equaled the carrying amount and the fair value of the interest purchased in rea’s net assets. well did not elect the fair value option. because well is the largest single shareholder in rea, and well’s officers are a majority on rea’s board of directors, well exercises significant influence over rea. rea reported net income of $500,000 for the year and paid dividends of $150,000. in its december 31 balance sheet, what amount should well report as investment in rea?
Answers: 3
Business, 22.06.2019 19:30
Each row in a database is a set of unique information called a(n) table. record. object. field.
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Business, 22.06.2019 19:50
Which of the following would create the most money? the initial deposit is $6,500 and the required reserve ratio is 20 percent. the initial deposit is $3,000 and the required reserve ratio is 10 percent. the initial deposit is $7,500 and the required reserve ratio is 25 percent. the initial deposit is $4,500 and the required reserve ratio is 15 percent.
Answers: 1
Business, 22.06.2019 21:20
What business practice contributed most to andrew carnegie’s ability to form a monopoly?
Answers: 1
Knight company reports the following costs and expenses in may. factory utilities $17,000 direct lab...
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