Answers: 2
Business, 21.06.2019 14:00
Jagjit company designs and builds retaining walls for individual customers. on august 1, there were two jobs in process: job 93 with a beginning balance of $8,650, and job 94 with a beginning balance of $7,270. jagjit applies overhead at the rate of $9 per direct labor hour. direct labor wages average $16 per hour. data on august costs for all jobs are as follows:
Answers: 3
Business, 21.06.2019 19:40
Uppose stanley's office supply purchases 50,000 boxes of pens every year. ordering costs are $100 per order and carrying costs are $0.40 per box. moreover, management has determined that the eoq is 5,000 boxes. the vendor now offers a quantity discount of $0.20 per box if the company buys pens in order sizes of 10,000 boxes. determine the before-tax benefit or loss of accepting the quantity discount. (assume the carrying cost remains at $0.40 per box whether or not the discount is taken.)
Answers: 1
Business, 21.06.2019 21:00
On january 1, 2018, red flash photography had the following balances: cash, $19,000; supplies, $8,700; land, $67,000; deferred revenue, $5,700; common stock $57,000; and retained earnings, $32,000. during 2018, the company had the following transactions: 1. february 15 issue additional shares of common stock, $27,000. 2. may 20 provide services to customers for cash, $42,000, and on account, $37,000. 3. august 31 pay salaries to employees for work in 2018, $30,000. 4. october 1 purchase rental space for one year, $19,000. 5. november 17 purchase supplies on account, $29,000. 6. december 30 pay dividends, $2,700. the following information is available on december 31, 2018: 1. employees are owed an additional $4,700 in salaries. 2. three months of the rental space has expired. 3. supplies of $5,700 remain on hand. 4. all of the services associated with the beginning deferred revenue have been performed.required: 1. record the transactions that occurred during the year.2. record the adjusting entries at the end of the year.3. prepare an adjusted trial balance.4. prepare an income statement, statement of stockholders’ equity, and classified balance sheet.5. prepare closing entries.
Answers: 2
Business, 21.06.2019 21:50
Franklin painting company is considering whether to purchase a new spray paint machine that costs $4,800. the machine is expected to save labor, increasing net income by $720 per year. the effective life of the machine is 15 years according to the manufacturer’s estimate. required determine the unadjusted rate of return based on the average cost of the investment.
Answers: 2
If taxes are levied specifically for payment of interest and principal on long-term debt, those taxe...
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Biology, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Mathematics, 10.09.2020 06:01
Physics, 10.09.2020 06:01