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3 years ago

14

As an employee of new hampshire industries, kathleen has an opportunity to invest pre-tax income in an employer-sponsored retire

ment plan. her employer will contribute 50 cents for every dollar that kathleen contributes to this fund. this is an example of a(n):

2 answers:

ch4aika [34]3 years ago

5 0

Answer:

401(k) Plan

Explanation:

nadezda [96]3 years ago

4 0

Payroll savings plan( psp)

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Talks-A-Lot, Inc. sells cell phones to customers and expects that 10% of phones sold will be returned for repair under its warra

poizon [28]

Answer:

amount of warranty liability that should be reported at December 31, 2021 is $3,375

Explanation:

<em>When the Sale was made, the Warrant Liability is recorded as follows:</em>

Warranty Cost $5,625 (Debit)

Warranty Provision $5,625 (Credit)

Warranty Cost = 750 cell phones × $75 × 10% = $5,625

<em>When Warranty Claims were received during the year the records are as follows :</em>

Warranty Provision $2,250 (Debit)

Cash $2,250 (Debit)

Warranty Cost = 30 × $75 = $2,250

<em>At December 31, 2021 the amount of warranty liability should be</em>

Warranty Provision = $5,625 - $2,250 = $3,375

6 0

3 years ago

List 2 ways in which constellations are used.

tangare [24]

In Ancient times, constellations were used to create and track the calendar so they knew when to plant crops and harvest them. Constellations were also used for navigation and to help sailors travel across oceans.

3 0

3 years ago

Read 2 more answers

gross domestic product understates the total production of final goods and services because of the omission of

Aleks04 [339]

90% sure that your answer is <em>(household production) </em>

<em></em>

<em>Hope this helps!</em>

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3 years ago

The following information has been provided by New Age, Inc.:

N76 [4]

Answer:

(D) $ 4,950

Explanation:

The computation is shown below

As We know that

Ending work in process inventory = Opening work in process inventory + total manufacturing cost - cost of goods manufactured

where,

Total manufacturing cost = Direct materials used + direct labor cost + manufacturing overhead cost

= $10,000 + $25,800 + $19,200

= $55,000

So, the opening work in process inventory would be

$11,200 = Opening work in process + $55,000 - $48,750

So, the opening work in process is

= $4,950

7 0

3 years ago

Prepare the journal entry to record autumn company’s issuance of 63,000 shares of no-par value common stock assuming the shares:

mojhsa [17]

The entry for this transaction would be this:

Land 1,827,000

Ordinary shares 1,827,000

#

<span>The market value of the shares on </span>this transaction<span> does not affect the recording of this transaction. If the share has no par value, the stated value should be used. Stated value is a value assigned by the company to its stock for the purpose of accounting and it does not have any relation with the market value of the shares. Since stated value is not given in this problem, we should record the entire amount of the land exchanged in this transaction to the "Ordinary shares" account.</span>

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3 years ago