New lithographic equipment, acquired at a cost of $800,000 at the beginning of a fiscal year, has an estimated useful life of five years and an estimated residual value of $90,000. The manager requested information regarding the effect of alternative methods on the amount of depreciation expense each year. On the basis of the data presented to the manager, the double-declining-balance method was selected.
In the first week of the fifth year, the equipment was sold for $135,000.
Required:
1. Determine the annual depreciation expense for each of the estimated five years of use, the accumulated depreciation at the end of each year, and the book value of the equipment at the end of each year by the following methods:
a. Straight-line method
Year Depreciation Expense Accumulated Depreciation, End of Year Book Value, End of Year
1 $ $ $
2 $ $ $
3 $ $ $
4 $ $ $
5 $ $ $
b. Double-declining-balance method
Year Depreciation Expense Accumulated Depreciation, End of Year Book Value, End of Year
1 $ $ $
2 $ $ $
3 $ $ $
4 $ $ $
5 $ $ $
Hide
2. Journalize the entry to record the sale, assuming double-declining balance method is used. If an amount box does not require an entry, leave it blank.
3. Journalize the entry to record the sale, assuming that the equipment was sold for $88,750 instead of $135,000. If an amount box does not require an entry, leave it blank.
Answers
Answer:
a. Straight-line Method :
Year Depreciation Accumulated End of Year Book Value
0 Expense Depreciation $800,000
1 $142,000 $142,000 $ 658,000
2 $142,000 $284,000 $ 516,000
3 $142,000 $426,000 $ 374,000
4 $142,000 $568,000 $ 232,000
5 $142,000 $710,000 $90,000
b. Double-Declining-Balance Method:
Year Depreciation Accumulated End of Year Book Value
0 Expense Depreciation $800,000
1 $320,000 $320,000 $ 480,000
2 $192,000 $512,000 $ 288,000
3 $115,200 $627,200 $ 172,800
4 $69,120 $696,320 $ 103,680
5 $13,680 $710,000 $90,000
2. Journal entry to record the sale, assuming double-declining balance method:
Debit Cash $135,000
Credit Sale of Equipment $135,000
To record sale of equipment.
Debit Sale of Equipment $103,680
Debit Accumulated Depreciation $696,320
Credit Equipment $800,000
To record close of accumulated depreciation and equipment accounts.
3. Journal entry to record sale, assuming equipment was sold for $88,750:
Debit Cash $88,750
Credit Sale of Equipment $88,750
To record sale of equipment.
Debit Sale of Equipment $103,680
Debit Accumulated Depreciation $696,320
Credit Equipment $800,000
To record close of accumulated depreciation and equipment accounts.
Explanation:
a) Straight-line method of depreciation applies the same amount of depreciation charge over the life of the asset. It is calculated by subtracting the salvage value from the asset and dividing the resulting figure by the number of useful life in years. It is very simple, but does not take into consideration maintenance costs incurred as assets age. Therefore, it does not spread the costs of the asset evenly over the periods the asset is in use, or according to the productivity value of the asset in each period.
b) Declining balance method of depreciation accelerates depreciation charge initially but the annual expense declines with age of the fixed asset. Under this method, depreciation expense is calculated by applying the depreciation rate to the book value of the asset at the start of the period.
Related Questions
The price of good Agoes up. As a result the demand for good B shifts to
the left. From this we can infer that:
a. Good A is used to produce good B.
b. Good B is used to produce good A.
c. Goods A and B are substitutes.
d. Goods A and B are complements.
Answers
Option D is true. The price of goods A goes up. As a result, the demand for good B shifts to the left. From this, we can infer that A and B are Complementary goods.
Complementary goods are products that are used together, so when the price of one of the products goes up, the demand for the other product will decrease. In this case, if the price of good A goes up and it is a complement to good B, then the demand for good B will decrease because it is now more expensive to buy both goods together.
For example, if good A is gasoline and good B is automobiles, and the price of gasoline goes up, the demand for automobiles will shift to the left because people will not want to buy cars that require expensive gasoline to operate. Similarly, if good A is a game console and good B is a popular video game, and the price of the game console goes up, the demand for the video game will shift to the left because people will not want to buy an expensive console to play the game.
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evaluate the effects of many sources of power in the economy
Answers
The four production factors—natural resources, labor, capital equipment, and entrepreneurship—are what largely determine a country's economic power if GDP per capita growth is the primary metric.
A variety of electricity sources can have distinct consequences on an economy. These power sources can include, among others, the government, businesses, labor unions, financial institutions, and consumer advocacy organizations.
Governments have the authority to influence economic policy through laws, regulations, and fiscal and monetary policies. Taxation, government spending, interest rates, and other elements that affect the broader economy can be impacted by these policies.
Investing in infrastructure, generating jobs, and promoting economic growth are all things that entrepreneurship can do. On the national economy and local communities, their decisions about employment, pay, investment, and production may have a big impact.
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answer my previous question for 50 pt dm me when its done first brainliest gets it.
Match the terms with their correct meanings.
offer
consideration
agency relationship
utility patent
(options to match with above)
a contract between an agent and
the principal
protects machines and industrial
processes
an unambiguous and clear proposal
the part of a contract that carries
the expectations of all parties in
the contract
Answers
The Match of the terms with their correct meanings are:
Offer - an unambiguous and clear proposalConsideration - the part of a contract that carries the expectations of all parties in the contractAgency relationship - a contract between an agent and the principalUtility patent - protects machines and industrial processesWhat is the consideration part of a contract?The value that each party brings to a contract is known as consideration. This could be in the form of money or a commitment to carry out a certain deed. A party may be expected to perform an act or refrain from performing an act, depending on the situation.
Therefore, In a principal-agent relationship, one entity formally designates another to act on its behalf. When there is a principle-agent connection, the agent represents the principal and shouldn't have any competing interests when performing the act.
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a company has a total assets of br 180000 if it is capital is less than its liability by 75%.
Answers
Answer:
w
Explanation:w
You are sewing a hem on a sewing machine when you notice that the individual stitches are too tight. After you finish the hem, you tug on it to even out
the stitches, and the thread snaps. Which of these would be the BEST way to solve this problem?
O A.
OB.
O C.
O D.
Push the needle lower.
Raise the needle higher.
Reduce the tension.
Increase the tension.
set
Next
Answers
The best way to solve this sewing problem, is to Raise the needle higher.
Sewing:
Sewing refers the craft of fastening or attaching objects using stitches made with a sewing needle and thread. And it is one of the oldest of the textile arts, arising in the Paleolithic era.
Given,
Here we have the given situation, you are sewing a hem on a sewing machine when you notice that the individual stitches are too tight. After you finish the hem, you tug on it to even out the stitches, and the thread snaps.
Here we need to identify the best way to solve this problem.
In order to solve this problem, we have to carefully looking into the given situation,
Here they said that, you are sewing and there is a too tight stiches on the cloth.
Now, you have to tug on it to even out the stitches and the thread snaps.
So, the thing here we have to do is to raise the needle higher to release the thread.
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old Nest Company of Guandong, China, is a family-owned enterprise that makes birdcages for the South China market. The company sells its birdcages through an extensive network of street vendors who receive commissions on their sales.
The company uses a job-order costing system in which overhead is applied to jobs on the basis of direct labor cost. Its predetermined overhead rate is based on a cost formula that estimated $330,000 of manufacturing overhead for an estimated activity level of $200,000 direct labor dollars. At the beginning of the year, the inventory balances were as follows:
Raw materials $ 25,000
Work in process $ 10,000
Finished goods $ 40,000
During the year, the following transactions were completed:
Raw materials purchased on account, $275,000.
Raw materials used in production, $280,000 (materials costing $220,000 were charged directly to jobs; the remaining materials were indirect).
Costs for employee services were incurred as follows:
Direct labor $ 180,000
Indirect labor $ 72,000
Sales commissions $ 63,000
Administrative salaries $ 90,000
Rent for the year was $18,000 ($13,000 of this amount related to factory operations, and the remainder related to selling and administrative activities).
Utility costs incurred in the factory, $57,000.
Advertising costs incurred, $140,000.
Depreciation recorded on equipment, $100,000. ($88,000 of this amount related to equipment used in factory operations; the remaining $12,000 related to equipment used in selling and administrative activities.)
Manufacturing overhead cost was applied to jobs, $ ? .
Goods that had cost $675,000 to manufacture according to their job cost sheets were completed.
Sales for the year (all paid in cash) totaled $1,250,000. The total cost to manufacture these goods according to their job cost sheets was $700,000.
Required:
1. Prepare journal entries to record the transactions for the year.
2. Prepare T-accounts for each inventory account, Manufacturing Overhead, and Cost of Goods Sold. Post relevant data from your journal entries to these T-accounts (don’t forget to enter the beginning balances in your inventory accounts).
3A. Is Manufacturing Overhead underapplied or overapplied for the year?
3B. Prepare a journal entry to close any balance in the Manufacturing Overhead account to Cost of Goods Sold.
4. Prepare an income statement for the year. (All of the information needed for the income statement is available in the journal entries and T-accounts you have prepared.)
Answers
Answer:
Req 1:
No Transaction General Journal Debit Credit
1 a. Raw materials 275,000
Accounts payable 275,000
2 b. Work in process 220,000
Manufacturing overhead 60,000
Raw materials 280,000
3 c. Work in process 180,000
Manufacturing overhead 72,000
Sales commisions expense 63,000
Admin salaries expense 90,000
Salaries and wages payable 405,000
4 d. Manufacturing overhead 13,000
Rent expense 5,000
Accounts payable 18,000
5 e. Manufacturing overhead 57,000
Accounts payable 57,000
6 f. Advertising expense 140,000
Accounts payable 140,000
7 g. Manufacturing overhead 88,000
Depreciation expense 12,000
Accumulated depreciation 100,000
8 h. Work in process 297,000
Manufacturing overhead 297,000
9 i. Finished goods 675,000
Work in process 675,000
10 j(1). Cash 1,250,000
Sales 1,250,000
11 j(2). Cost of goods sold 700,000
Finished goods 700,000
Req 2: Screenshot Attached
Req 3A:
Manufacturing Overhead is Overapplied
Req 3B:
Manufacturing Overhead 7,000
Cost of Goods Sold 7,000
Req 4: Screenshot Attached
In this firm commitment offering who bears the financial risk? Who would bear the risk in a best efforts offering?
Answers
An investment banker agrees to underwrite an issue of 10 million shares of stock for TWResearch, Inc. on a firm commitment basis. The investment banker pays $10.50 per share to TWResearch, Inc. for the 10 million shares of stock. It then sells those shares to the public for $11.20 per share.
Answer:
In a firm commitment offering, the investment banker bears the financial risk and buys the securities from TWResearch to sell to the public at its own terms.
In a best efforts offering, TWResearch, Inc. bears the financial risk and only makes its best efforts to sell the securities without buying them from TWResearch.
Explanation:
With a firm commitment offering, the investment banker enters into an agreement to purchase all the securities from TWResearch at an agreed price, and then, commits itself to selling the securities to the public at its own chosen price. As it pockets the ensuing gain or loss, the investment banker bears all the financial risk. With a best efforts offering, the investment banker does not assume inventory risk, but makes its best efforts in selling the securities. TWResearch bears the residual financial risk since the underwriter forwards to TWResearch all the proceeds from the issue, after deducting its commission.
Suppose Spain produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for barley, an agricultural good, and locomotives, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of a time-saving innovation in the manufacturing of locomotives.
Answers
The PPC shows that the production of barley will decrease while production of aeroplane will remain same and PPC will rotate inside.
How to illustrate the information?It should be noted that PPC is a graphical representation of the possible combination of goods that an economy can produce.
A production possibility curve (PPC) will shift outwards if there's an increase in factors of production. PPC will rotate inside if production of only one good decreases while the production of other good remains same.
Now, here, due to drought, production of barley will decrease but there's no reason given to assume that production of aeroplanes will decrease or increase. Hence, production of barley will decrease while production of aeroplane will remain same and PPC will rotate inside.
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What could be driving the tremendous growth in Salesforce.com’s stock price and revenue? and Why do you think investors put such a high premium on Salesforce.com’s stock?
Answers
Salesforce's fourth quarter of fiscal 2023, which concluded on January 31, saw a 14% year-over-year increase in revenue to $8.4 billion. Wall Street forecasts projected for $8 billion in revenue, thus this exceeded their projections.
Why investors put such a high premium on Salesforce.com’s stock?
Shares of Salesforce (CRM) are soaring after the software giant reported profits that above analyst expectations, provided a more optimistic outlook, and announced intentions to increase stock buybacks in response to pressure from activist investors. Salesforce's $8.4 billion in revenue increased by 14%, above the predicted 9.2% rise. The yearly revenue for Salesforce in 2023 was $31.352 billion, an increase of 18.35% over 2022.
Salesforce's yearly sales in 2022 increased by 24.66% from 2021 to $26.492 billion. A 24.3% rise from 2020, Salesforce's yearly revenue in 2021 was $21.252 billion. According to valuation criteria, Salesforce Inc. can be overpriced. It would not be a good choice for value investors, according to its Value Score of D. CRM's financial stability and expansion prospects show that company has the potential to perform worse than the market.
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Joe Palucci earns $2,500 per PLEASE HELP!!!
Joe earns $2,500 per month. Out of those wages, $266 in federal income taxes,
$191.25 in FICA taxes, $120 in state income taxes, and $125 in health insurance
premiums were deducted. What percent is his take home pay of his gross pay? (Round
to nearest whole percent) (2 points) (include % sign)
Answers
Answer:
72%
Explanation:
you need to subtract 2,500-191.25-120-125-266
then take the answer and divide by 2,500
1797.75/2500
=72%
Gloria works as a freelance software developer with Ticki-Tacker Limited, a social media firm based in the city of London. She has two options for the purpose of personal income tax assessment. She may be added to the payroll of Ticki-Tacker Limited under the PAYE system or allowed to be treated as a self-employed individual. OPTION 1: Gloria under the PAYE system She will be placed on an annual salary of £50,000, and she would be required travel to work from Mondays to Fridays throughout the year via train, except for four weeks in a year when she will be on annual leave. The annual train ticket costs £2,400. OPTION 2: Gloria as a self-employed Gloria is allowed to invoice Ticki-Tacker Limited, an annual fee of £50,000. This work involves travelling to clients’ offices for a total of 5,200 miles annually in her own car. This is estimated to cost 39p/mile. Assume that Gloria’s annual accounts cover April 2020 to March 2021. REQUIRED: a. Calculate the relevant income tax and National Insurance Contribution liability under each of the two options identified. b. Calculate the disposable income (after all deductions) under the two options identified. c. Apart from (a) and (b) above, analyse any other factors that you think Gloria may take into consideration (from a taxation perspective) in arriving at the best option.
Answers
a. The relevant income tax and National Insurance Contribution liability are as follows:
PAYE System Self-Employed
Income tax (20%) (£8,378) £8,731
National Insurance Contribution (5,712) (4,317)
Total income tax and NIC liability £14,090 £13,048
b. The disposable income after all known deductions under the two options are:
PAYE System Self-Employed
Disposable income £33,510 £34,924
c. The other allowable deductions will need to be taken into consideration so that Gloria can arrive at the best option.
Data and Calculations:
PAYE System Self-Employed
Earnings per year £50,000 £50,000
Allowable expenses:
Travel expenses (2,400) (2,028) (£0.39 x 5,200)
Net Earnings £47,600 £47,972
National Insurance Contribution (5,712) (4,317)
(£47,600 x 12%) (£47,972 x 9%)
Taxable income £41,888 £43,655
Income tax (20%) (£8,378) £8,731
Disposable income £33,510 £34,924
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Department 1 of a two department production process shows: Units Beginning Work in Process 10,000 Ending Work in Process 50,000 Total units to be accounted for 160,000 How many units were transferred out to Department 2?
Answers
Answer:
20000 for ending work 100000 total & 320000 are accounted for
The following information is available for Montrose Company at December 31: Cash in bank account $ 8,540 Petty cash $ 250 Short-term investment (maturing in two months) $ 10,400 Checks from customers $ 1,350 Equipment $ 805 Treasury bill maturing in 60 days $ 10,000 Money orders $ 290 A three-year certificate of deposit maturing in three years $ 6,000 Based on this information, the determine the amount reported as Cash and Cash Equivalents on December 31.
Answers
Answer:
Cash $10,430
Cash equivalents $20,400
Explanation:
Calculation to determine the amount reported as CASH on December 31
Using this formula
Cash = Cash in bank + Petty cash + Check from customer + money order
Let plug in the formula
Cash = $8,540 + $250 + $1,350 + $290
Cash = $10,430
Calculation to determine the amount reported as CASH EQUIVALENTS on December 31
Using this formula
Cash equivalents = Money market fund + Treasury bills
Let plug in the formula
Cash equivalents=$10,400+$10,000
Cash equivalents= $20,400
Therefore the amount reported as Cash and Cash Equivalents on December 31 are:
Cash $10,430
Cash equivalents $20,400
which of the following represents aruba's production possibilities frontier when 100 labor hours are available?
Answers
Out of the given choices of curves given above, the first graph represents the production possibilities frontier of Aruba when there are a total of 100 labor hours available. Therefore, the option A holds true.
The production possibilities frontier of the producer is dependent upon the number of labor hours available, and how many quantities of product can be produced within one labor hour. As per the details given above, the one wherein 2 radios and 5 coolers are produced, it describes the frontier of Aruba.
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Complete question
Name Labor hours needed to make 1 qty.
Aruba 2 5
Iceland 1 4
Which of the following represents Aruba's production possibilities frontier when 100 labor hours are available?
Note - The rest of the questions are added as an image
what is business ?please explain about it
Answers
Answer: business can be defined as an organization dedicated to do commercial and professional activities.
Explanation:
The word business can also be defined as the activities and efforts that a person makes in order to produce money. To do this, the person creates products or sells services to obtain a reward.
Currently, many people are taking the line of entrepreneurship, where they put their own businesses and become their bosses. They themselves develop their model of how they are going to distribute and market the products or services they have so that they reach the population.
The business is something that comes from ancient times. Barter was a way of doing business since if a person was interested in something that another had, they proceeded to make an exchange.
Question 2.
Sooraj works as a salesman in a company selling pet accessories and food. He has been given a target of selling 1200 units of the food packets in a month by offering a maximum of 10% discount to his customers. In order to meet his monthly sales target, on the last two days of the month, he offers 15% discount to his customers.
In the context of the above case, is Sooraj effective in his work? Explain by giving a suitable reason in support of your answer.
Answers
Sooraj is effective in his work. This is because Sooraj was able to sell 1200 units of food packets in a month. Although he provided a 10% discount on the food packets, he was still able to meet his monthly sales target.
In addition, Sooraj offered a 15% discount on the last two days of the month to increase his sales target. It can be seen that the customers were attracted to the discount offer and Sooraj was successful in selling more units.
So, he is effective in his work because he was able to sell 1200 units of food packets in a month by offering a maximum of 10% discount to his customers and providing 15% discount to his customers on the last two days of the month.
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If a $5,000 coupon bond has a coupon rate of 13 percent, then the coupon payment every year is (a) $650. (b) $1,300.
Answers
Traditional marketing revolves around the 4 Ps:
Answers
Traditional marketing revolves around the 4 Ps, which are Product, Price, Place, and Promotion.
These elements form the foundation of a marketing strategy for businesses.
Product: Refers to the goods or services that a company offers to its customers. It involves defining the features, design, and quality of the product.
Price: Involves determining the cost of the product or service and finding the right pricing strategy that aligns with customer expectations and market conditions.
Place: Focuses on selecting the distribution channels and locations where the product will be available for customers to purchase. It includes decisions related to retail outlets, online platforms, or direct sales.
Promotion: Involves the activities undertaken to promote and create awareness about the product. It includes advertising, public relations, sales promotions, and other marketing communication strategies.
These 4 Ps provide a framework for businesses to analyze and optimize their marketing efforts to meet customer needs, increase sales, and achieve overall business objectives.
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Dery Trade has the following cash transactions for the period. Accounts Amounts Cash received from sale of products to customers $35,000 Cash received from the bank for long-term loan 40,000 Cash paid to purchase factory equipment (45,000) Cash paid to merchandise suppliers (11,000) Cash received from the sale of an unused warehouse 12,000 Cash paid to workers (23,000) Cash paid for advertisement (3,000) Cash received for sale of services to customers 25,000 Cash paid for dividends to stockholders (5,000) Assume the balance of cash at the beginning of the period is $4,000. Required: 1. Calculate the ending balance of cash. 2. Prepare a statement of cash flows.
Answers
The ending balance of cash is $29,000.
The statement of cash flows provides facts about the cash inflows and outflows
How to Solve the Problem?To reckon the ending balance of cash, we need to resolve the cash inflows and outflows all along the period.
Beginning balance of cash: $4,000
Cash inflows:
Cash taken from sale of brand to clients: $35,000
Cash received from the bank for unending loan: $40,000
Cash taken from the sale of an new warehouse: $12,000
Cash taken in demand of services to consumers: $25,000
Total cash inflows: $35,000 + $40,000 + $12,000 + $25,000 = $112,000
Cash outflows:
Cash paid to purchase shop supplies: ($45,000)
Cash paid to merchandise suppliers: ($11,000)
Cash compensated to workers: ($23,000)
Cash finance commercial: ($3,000)
Cash paid for profits to stockholders: ($5,000)
Total cash outflows: ($45,000) + ($11,000) + ($23,000) + ($3,000) + ($5,000) = ($87,000)
To calculate the conclusion balance of cash, we adjoin the total cash inflows to the beginning balance of cash and deduct the total cash outflows:
Ending balance of cash = Beginning balance of cash + Total cash inflows - Total cash outflows
Ending balance of cash = $4,000 + $112,000 - $87,000
Ending balance of cash = $29,000
Therefore, the conclusion balance of cash is $29,000.
Now let's form a statement of cash flows:
Statement of Cash Flows for Dery Trade
Cash flows from operating endeavors:
Cash taken from sale of crop to customers $35,000
Cash taken in demand of services to consumers $25,000
Cash paid to merchandise suppliers ($11,000)
Cash compensated to employees ($23,000)
Cash paid for exhibit ($3,000)
Net cash provided by operating endeavors $23,000
Cash flows from installing activities:
Cash rewarded to purchase laboratory equipment ($45,000)
Cash taken from the sale of an unaccustomed barn $12,000
Net cash used in establishing activities ($33,000)
Cash flows from loan actions:
Cash received from the bank for complete loan $40,000
Cash paid for profits to stockholders ($5,000)
Net cash determined by financing actions $35,000
Net increase in cash $25,000
Beginning balance of cash $4,000
Ending balance of cash $29,000
The statement of cash flows provides facts about the cash inflows and outflows from operating, investing, and outlay endeavors, and shows the net increase in cash all the while the period.
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can u solve this plsss
Answers
The main reason why the Japanese liberalized the bank mergers in Japan was to protect the economy and prevent an economic crash.
What is Financial Liberalization?This refers to the removal of regulatory control in the financial sector to promote economic growth.
The government of Japan faced an economic crash that threatened to cripple the economy due to stock market crash, failing banks, etc and there was the use of risk-based capital to try and prevent this, amongst other solutions.
Hence, we can see that the key aspects of the liberalization program were:
MergersAcquisitions.The key criticism of the program is that it failed to address the scale of the problem and the solution was only short-term.
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describe the 5 office layout.
Answers
Answer:
The five most popular would be the...
Cubicle Office layout. This is the most popular and is basically a box with an opening.
Open Office layout. This is several rows of large desks. By definition, it is not very enclosed.
Co-Working Office layout. Less common, these are offices rented out to employees by third parties.
Team-Cluster Office layout. For teams working on something, this is a good way to go. One table where you can easily work together on things with each other as you go.
Hybrid Office layout. This one is a mix of a few others and customizable to a workplace's specific needs. Some of these don't even feel like offices!
A corporation uses the indirect method for preparing the statement of cash flows. A fixed asset has been sold for $21,832 representing a loss of $3,248. Determine the amount that would appear in the operating activities section of the statement of cash flows based on this transaction.
Answers
In the operating activities section of the statement of cash flows, the amount related to this transaction would be the loss of $3,248 added back to the net income.
In the indirect method of preparing the statement of cash flows, the operating activities section includes adjustments to net income for non-cash items and changes in working capital. The sale of a fixed asset and the loss incurred from it are both non-cash items that need to be considered.
Since the loss from the sale of the fixed asset is $3,248, this loss is added back to the net income when calculating the operating activities section. This is because the loss is a non-cash expense and does not represent an actual outflow of cash.
Therefore, in the operating activities section of the statement of cash flows, the amount related to this transaction would be the loss of $3,248 added back to the net income. This adjustment would increase the net income by $3,248 in the operating activities section, reflecting that the loss from the sale of the fixed asset does not affect the cash generated or used by the operating activities of the corporation.
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who is he and what’s his product
Answers
Answer:
Steve Jobs and he was the CEO of apple
Explanation:
so his products would be iphones, ipads, mac books, etc
What is the meaning of employee evaluation
Answers
Answer:
An employee evaluation is the assessment and review of a worker's job performance.
Explanation: Most companies have an employee evaluation system wherein employees are evaluated on a regular basis (often once a year). Typically these assessments are done at year-end or on the employee's service anniversary.
Answer:
An employee evaluation is the assessment and review of a worker’s job performance. Most companies have an employee evaluation system wherein employees are evaluated on a regular basis (often once a year).
Explanation:
list and explain the gymnastics activities
Answers
Answer:
spilt , crab walk plssss follow thx
Answer:
Forward roll: a simple forward tumble where one’s whole body is rotated along the surface of the floor.
Splits: splitting your legs sideways or front-and-back such that your whole lower body, including your legs and rear end, is in contact with the ground. Splits can also be performed on a trampoline.
Cast: a semi-plank bar position with your back slightly rounded and your stomach pulled in.
Handstand: using your hands as a base, stand your full body upright and erect with your hands on the floor, your back and legs straight, and your toes pointed upward.
Handspring on vault: essentially a handstand on a vaulting horse that begins with a running leap, a flip into handstand position on the vault, and then pushing off the fault to complete the flip and land on your feet.
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Select the best answer for the question
7. The company's goal is to earn $5 profit for every sale that's made in its stores. Which key performance indicator can be used to measure the results of this goal?
OA. Number of sales per employee
OB. Profit made per sale
OC. Overall company growth
OD. Number of sales per day
Answers
You would see the profits by sale and try to increase it to $5 therefore option B is correct.
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The following actual and standard cost data for direct material and direct labor relate to the production of 4,000 units of product:
Actual Cost Standard Cost
Direct material 3,900 lbs. $5.30 4,000 lbs. $5.10
Direct labor 6,200 hrs, $8.40 6,000 hrs. $8.70
Determine the following variances:
Materials Variances
Actual cost:
Split cost:
Standard cost:
A. Materials price
B. Materials efficiency
Labor Variances
Actual cost:
Split cost:
Standard cost:
C. Labor rate
D. Labor efficiency
Answers
Answer:
Instructions are below.
Explanation:
Giving the following information:
Production= 4,000 units
Actual Cost Standard Cost
Direct material 3,900 lbs. $5.30 4,000 lbs. $5.10
Direct labor 6,200 hrs, $8.40 6,000 hrs. $8.70
To calculate the direct material price and efficiency variance, we need to use the following formulas:
Direct material price variance= (standard price - actual price)*actual quantity
Direct material price variance= (5.3 - 5.1)*4,000
Direct material price variance= $800 favorable
Direct material quantity variance= (standard quantity - actual quantity)*standard price
Direct material quantity variance= (3,900 - 4,000)*5.3
Direct material quantity variance= $530 unfavorable
To calculate the direct labor efficiency and rate variance, we need to use the following formulas:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
Direct labor time (efficiency) variance= (6,200 - 6,000)*8.4
Direct labor time (efficiency) variance= $1,680 favorable
Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity
Direct labor rate variance= (8.4 - 8.7)*6,000
Direct labor rate variance= $1,800 unfavorable
Beverly Dalton incorporated her CPA practice 5 years ago. At that time, the corporation purchased land for $40,000. The December 31 of the current year, the market value of the land is $85,000. On the balance sheet for December 31 of the current year, the asset should be reported at ________ under U.S. GAAP.
Answers
Based on the provisions of U.S. GAAP, the asset owned by the CPA practice should be reported at $40,000.
What does U.S. GAAP say?U.S. GAAP states that assets should be recorded at cost value in the balance sheet.
The land should therefore be recorded at the cost price of $40,000 that the CPA practice bought it at five years ago.
In conclusion, the asset should be reported at $40,000.
Find out more on U.S. GAAP at https://brainly.com/question/17895474.
Advantages and disadvantages of transport sector
Answers
Road transportation has various benefits, including lower costs, shorter travel times, more adaptable load capacities, improved fuel economy, and environmental friendliness. On the other side, there are drawbacks as well, like traffic jams and safety worries.
What is a transport sector?A group of businesses together referred to as the transportation industry build and maintain infrastructure for transportation as well as services to move people and products. According to the Global Industry Classification Standard, technically, transportation is a subgroup of the industrials sector (GICS). The deliberate transfer of people, animals, and objects from one location to another is known as transport or transportation. In addition to land and water, cable, pipeline, and space are also modes of transportation. Infrastructure, transportation, and operations make up this field. Transportation industries include businesses engaged in trucking, rail, water, and other modes of commercial transportation for hire.The impact of transportation on employment and growth is significant in the economy and society of today.To learn more about transport sector, refer to:
https://brainly.com/question/30536946
Davis Supply maintains an average inventory of 2,000 dinosaur skulls for sale to filmmakers. The carrying cost per skull per year is estimated to be $150.00 and the fixed order cost is $44. What is the economic order quantity (EOQ)? (Round to the nearest whole number.)
Answers
Answer:
34
Explanation:
Given that:
The annual average inventory requirement = 2000
The carrying cost per order per annum = 150
The fixed cost per order = 44
Thus, the Economic ordering quantity can be calculated by using the formula;
\(Economic \ Order \ Quantity (EOQ)=\sqrt{\dfrac{2 \times Annual \ Demand \times Cost \ Per \ order}{ Annual \ holding \ cost \ per \ unit}\)
\(Economic \ Order \ Quantity (EOQ)=\sqrt{\dfrac{2 \times 2000 \times 44}{ 150}\)
\(Economic \ Order \ Quantity (EOQ)=\sqrt{\dfrac{176000}{ 150}\)
\(Economic \ Order \ Quantity (EOQ)=\sqrt{1173.33333}\)
Economic Order Quantity (EOQ) = 34.25
Economic Order Quantity (EOQ) ≅ 34 to the nearest whole number.