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1 year ago

How are time tickets and materials requisition slips similar?

1 answer:

7 0

Time tickets and materials requisition slips are similar to. The cost associated with both must be credited to the Work in Process Inventory. Option A. This is further explained below.

<h3>What are time tickets?</h3>

Generally, A time ticket is a form filled out by workers to keep track of their working hours.

In conclusion, Both time tickets and materials requisition forms have certain similarities. Both must be accounted for in the Work in Process Budget.

<h3>Complete Question</h3>

How are time tickets and materials requisition slips similar?

The cost associated with both must be credited to the Work in Process Inventory. Costs associated with both must be recorded in the general ledger and job cost sheets.

Costs associated with both must be debited to Manufacturing Overhead.

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Puget Sound Divers is a company that provides diving services such as underwater ship repairs to clients in the Puget Sound area

Sauron [17]

Answer:

See below.

Explanation:

Lets summarize the information first,

Revenue = 480/hour

Salaries = 11700 + 126/ hour

Supplies = 5/hour

Equipment Rental = 2000 + 22/ hour

Insurance = 3900

Miscellaneous = 520 + 1.48/hour

Now we flex these standard costs to to activity level of 290 diving hours,

Revenue (480 * 290) 139,200

Less:

Salaries and wages (11,700 + 126*290) 48,240

Supplies (5 * 290) 1,450

Equipment rental (2000 + 22*290) 8,380

Insurance 3,900

Miscellaneous (520+ 1.48*290) 949.2

Budgeted profits $76,280.8

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3 years ago

Cho plans to manage the business, which means that she will have to quit her current job. Suppose that the interest rate (or rat

Masja [62]

$66,000 investments in the economy is 5%.

<h3>What is investments?</h3>

The dedication of an asset to achieve an increase in value over time is referred to as investment. Investment necessitates the sacrifice of a current asset, such as time, money, or effort. The goal of investing in finance is to generate a return on the invested asset.

Income investing is an investment strategy that focuses on constructing an investment portfolio that is specifically designed to generate regular income. The income investing strategy's sole goal is to generate a consistent stream of income.

The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is basically your financial risk profile that takes into account various factors like age, financial history, circumstances and your investment goals

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1 year ago

A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called

liq [111]

A firm or individual providing financial capital to small businesses in exchange for an ownership stake in the company is called a venture capitalist.

<h3>Who is a venture capitalist?</h3>

A venture capitalist is usually a high net worth individual or group of people who specialise in investing in small businesses. They usually provide financial capital to small businesses in exchange for a percentage in ownership in the company.

Due to the fact the investing in small businesses is risky, the returns demanded by venture capitalist is usually high.

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2 years ago

PLEASE HELP URGENT 30 points!

solniwko [45]

Answer:

that would be employers or acquaintances

3 0

2 years ago

Read 2 more answers

Roadside Markets has 8.45 percent coupon bonds outstanding that mature in 10.5 years. The bonds pay interest semiannually. What

Anarel [89]

Answer:

Total $1,091.0030

Explanation:

The market value of the bond will be the sum of the present value of the cuopon payment and the maturity date:

present alue of cuopon payment will be calculate as present value of an ordinary annuity:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 42.25 (1,000 face value x 8.45% /2 payment per year)

time 21 (10 years at 2 payment per year+ 1 payment)

rate 0.036 (here we use the YTM rate /2 because there are 2 payment per year)

$42.25 \times \frac{1-(1+0.036)^{-21} }{0.036} = PV\\$

PV $615.1803

<u>Then, for the present value at maturity, we calculate the present value of a lump sum</u>

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 1,000.00

time 21.00

rate 0.036

$\frac{1000}{(1 + 0.036)^{21} } = PV$

PV 475.82

<u>Finally, we add them both together</u>

PV c $615.1803

PV m $475.8227

Total $1,091.0030

8 0

3 years ago