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harkovskaia [24]
3 years ago
13

Cavy Company accumulated 580 hours of direct labor on Job 456 and 850 hours on Job 777. The direct labor was incurred at a rate

of $15 per direct labor hour for Job 456 and $26 per direct labor for Job 777. Journalize the entry to record the flow of labor costs into production. If an amount box does not require an entry, leave it blank.
Business
1 answer:
JulsSmile [24]3 years ago
7 0

Answer:

$30,800

Explanation:

Dr Work in progress 30,800

Cr Wages payable 30,800

Direct labour hours × Per direct labour hour

Job 456

580×15 = 8700

Job 777

850×26= 22100

22,100 + 8,700 = 30,800

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In each of the following situations, state whether the bonds will sell at a premium or discount. Required a. Valley issued $300,
IrinaK [193]

Answer:

a. Premium

b. Discount

c. Discount

Explanation:

a. Valley issued $300,000 of bonds with a stated interest rate of 7 percent. At the time of issue, the market rate of interest for similar investments was 6 percent.

Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 7% - 6% = 1% premium

Therefore, Valley's bond will sell at a premium.

b. Spring issued $220,000 of bonds with a stated interest rate of 5 percent. At the time of issue, the market rate of interest for similar investments was 6 percent.

Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 5% - 6% = -1% discount

Therefore, Spring's bond will sell at a discount.

c. River Inc. issued $150,000 of callable bonds with a stated interest rate of 5 percent. The bonds were callable at 102. At the date of issue, the market rate of interest was 6 percent for similar investments.

Premium (discount) = Bond's stated interest rate - Market rate of interest for similar investments = 5% - 6% = -1% discount

Therefore, River Inc.'s bond will sell at a discount.

3 0
3 years ago
Which of these best describes the tax rates shown in the graph?
Firdavs [7]

Answer:

As income increases, the percentage of tax paid increases.

Explanation:

Which of these best describes the tax rates shown in the graph?

As income increases, the percentage of tax paid decreases.

As income increases, the percentage of tax paid increases.

For all income levels, the percentage of tax paid is about 20 percent.

For all income levels, the percentage of tax paid is less than 20 percent.

4 0
3 years ago
In what way are electronic communications sometimes different from other business communications?
mrs_skeptik [129]

Electronic communications sometimes different from other business communications in a sense that they're more casual.

Answer: Option 2

<u>Explanation:</u>

Electronics communication as the name suggest is a mode of communication through electronic mediums such as e-mail, voice mail, messages, blogs and many more. Business communication on the other hand is an activity where knowledge is share between the people of various companies.

Electronic communications differ from business communications in a sense that they’re more casual. When employees or any other group of people interact via electronic medium, their engagement with other people is quite casual. Business communication on the other hand is quite professional and formal.

3 0
4 years ago
At January 1, Year 1, under its restricted stock unit (RSU) plan, Label Corporation grants RSUs representing 10,000 of its $1 pa
slamgirl [31]

Answer:

The number of shares that will be added to the denominator of diluted EPS for Year 1 is 6,000 shares

Explanation:

For computing the added shares, first we have to compute per year expenses, than repurchased shares, afterwards, final amount will be come

Per year expenses = (Number of shares × price per share) ÷ (Vesting period)

= (10,000 shares × $10) ÷ (5 years)

= $20,000

The remaining expenses  after one year would be equal to

= Total expenses - annual expenses

= $100,000 - $20,000

= $80,000

Now the repurchased shares would be

= (Remaining expenses) ÷ (average market price)

= ($80,000) ÷ ($20)

= 4,000 shares

So, the diluted shares would be

= 10,000 shares - 4,000 shares

= 6,000 shares

4 0
3 years ago
What is the hottest planet .<br>A. venus<br>B. Africa<br>C. mars​
nikitadnepr [17]

Answer:

A.Venus

Explanation:

bc its the closest to the sun

5 0
4 years ago
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