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6 months ago

6

when preparing a trial balance, there are certain steps that need to be followed. place the following steps in the correct order

.

1 answer:

hjlf6 months ago

3 0

Answer:i don’t know why this is right, but i’m here to help and have to have a 20 word count minimum to submit

Explanation:

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A(n) _____ is central to individuals and organizations of all sizes and ensures that information can be shared across all busine

Ann [662]

An enterprise system is central to individuals and organizations of all sizes and ensures that information can be shared across all business functions and all levels of management to support the running and managing of a business. And large-scale application software packages that support business processes, information flows, reporting, and data analytics in complex organizations.

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3 years ago

New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a la

mestny [16]

Answer:

b. New brands require higher spending to reach a minimum level of exposure needed to affect purchase habits

Explanation:

New brands with a small market share tend to spend proportionately more for advertising and sales promotion than those with a large market share because a certain minimum level of exposure is needed to measurably affect purchase habits.

3 0

2 years ago

During the month of September, direct labor cost totaled $11,000 and direct labor cost was 40% of prime cost. If total manufactu

LiRa [457]

Answer:

The correct answer is D: Manufacturing overhead= $45500

Explanation:

Giving the following information, we need to calculate the amount of manufacturing head.

Direct labor= $11000

Direct labor is 40% of prime costs

Total manufactured cost is= $73000

First, we need to calculate the direct material:

Prime cost= direct material + direct labor

If direct labor is 40% of prime costs, then:

Direct material=(11000*60/40=16500

Now, the manufactured cost formula is:

Manufactured cost= direct material + direct labor + manufacturing overhead

By rearranging the formula:

<u>Manufacturing overhead= Manufactured costs - direct material - direct labor= 73000- 16500-11000=$45500</u>

7 0

3 years ago

Nebraska Company uses the weighted-average method in its process costing system. The first processing department, the Welding De

vfiekz [6]

Answer:

Cost per equivalent unit for conversion costs for the month = $8.262

Explanation:

The weighted average cost of valuation does not separate the opening inventory from the units newly introduced when accounting for completed units in a production period.

To determine the cost per equivalent units using Weighted Average Method, follow the steps below:

<em>Step 1: Determine the equivalent Unit</em>

Completed units = 25000+ 97000- 28000 = 94000

Workings Equiva. Units

Completed units 94000 (94000 *100%) = 94,000

Closing WIP 28000 (28,000 * 10%) = 2,800

Total Equivalent units 96,800.00

<em>Step 2 : calculate total conversion cost </em>

= 51820+747970= 799,790.00

<em />

<em>Step 3 = Cost per Equivalent unit per conversion cost</em>

Cost per unit = Total conversion cost/total Equivalent units

= 799,790.00 / 96,800.00

= $8.262

Cost per equivalent unit for conversion costs for the month = $8.262

7 0

2 years ago

John House has taken a $250,000 mortgage on his house at an interest rate of 6 percent per year. If the mortgage calls for 20 eq

stiks02 [169]

Answer:

$21,796.14

Explanation:

Use the Time Value of Money techniques to calculate the amount of each installment (PMT)

PV = $250,000

i = 6 %

n = 20

P/yr = 1

FV = $0

PMT = ?

Using a Financial calculator to input the values as above, each annual instalment/payment will be $21,796.14.

8 0

2 years ago