Where are the answers? Don't have much to work with...
Answer:
The correct answer is C. $264,000
Explanation:
Beginning balance, Salaries payable
$39,000
Plus Salaries expense 236,000
Minus Ending balance, Salaries payable
11,000
= Cash paid for salaries $ 264,000
Salary expense 236,000
Salaries payable 28,000
Cash 264,000
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Plant layout is important for any manufacturing company. It refers to a planned design for the arrangement of all the physical facilities that might be required in the manufacturing process of any product. The physical facilities such as equipments, tools should be arranged in such a way that these are easily available and flow of raw materials take place in the quickest and lowest rates.
A company for the manufacture of locomotives is likely to use Fixed Position Layout in its manufacturing process. In fixed position layout the product which is being produced is fixed at one loaction.
Answer:
$4,450
Explanation:
The computation of the total estimated uncollectible accounts is shown below:
= Accounts not yet due × uncollectible percentage + Accounts 1–30 days past due × uncollectible percentage + Accounts more than 30 days past due × uncollectible percentage
= $35,000 × 5% + $10,500 × 15% + $4,500 × 25%
= $1,750 + $1,575 + $1,125
= $4,450
Rent things, get a loan, and even sometimes even buying new things such as cars or houses