Business, 26.09.2019 18:30 Jackals9912
Sparky corporation uses the fifo method of process costing. the following information is available for february in its molding department: units: beginning inventory: 40,000 units, 100% complete as to materials and 55% complete as to conversion. units started and completed: 140,000. units completed and transferred out: 180,000. ending inventory: 37,500 units, 100% complete as to materials and 25% complete as to conversion. costs: costs in beginning work in process - direct materials: $58,000. costs in beginning work in process - conversion: $63,850. costs incurred in february - direct materials: $302,000. costs incurred in february - conversion: $614,150. calculate the equivalent units of conversion.
Answers: 3
Business, 21.06.2019 23:10
At the end of the current year, $59,500 of fees have been earned but have not been billed to clients. required: a. journalize the adjusting entry to record the accrued fees on december 31. refer to the chart of accounts for exact wording of account titles. b. if the cash basis rather than the accrual basis had been used, would an adjusting entry have been necessary?
Answers: 2
Business, 22.06.2019 11:30
Chuck, a single taxpayer, earns $80,750 in taxable income and $30,750 in interest from an investment in city of heflin bonds. (use the u.s. tax rate schedule.) (do not round intermediate calculations. round your answers to 2 decimal places.)
Answers: 2
Business, 22.06.2019 13:40
After much consideration, you have chosen cancun over ft. lauderdale as your spring break destination this year. however, spring break is still months away, and you may reverse this decision. which of the following events would prompt you to reverse this decision? a. the marginal cost of going to cancun decreases.b. the marginal cost of going to ft. lauderdale decreases.c. the marginal benefit of going to cancun increases.d. the marginal benefit of going to ft. lauderdale decreases.
Answers: 2
Business, 22.06.2019 15:30
On january 15, the end of the first biweekly pay period of the year, north company’s payroll register showed that its employees earned $32,000 of sales salaries. withholdings from the employees’ salaries include fica social security taxes at the rate of 6.2%, fica medicare taxes at the rate of 1.45%, $3,000 of federal income taxes, $772 of medical insurance deductions, and $260 of union dues. no employee earned > $7,000 in this first period. prepare the journal entry to record north company’s january 15 (employee) payroll expenses and liabilities.
Answers: 3
Sparky corporation uses the fifo method of process costing. the following information is available f...
Mathematics, 25.07.2019 15:30
Mathematics, 25.07.2019 15:30
English, 25.07.2019 15:30
Physics, 25.07.2019 15:30
Mathematics, 25.07.2019 15:30
English, 25.07.2019 15:30
Mathematics, 25.07.2019 15:30