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3 years ago

More free points here u go

Business

2 answers:

Dovator [93]3 years ago

7 0

Answer:

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Anon25 [30]3 years ago

3 0

Answer:

Yay Thank you

Explanation:

Also, can I get brainliest too?

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Ruddick Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just comp

irina1246 [14]

Answer:

Given that,

Cost of goods manufactured = $1,486,000

Cost of goods sold (unadjusted) = $1,337,000

Therefore, the journal entry for the transfer of completed goods from WIP to Finished goods is as follows:

Finished Goods A/c Dr. $1,486,000

To Work in process $1,486,000

(Being transfer of completed goods from work in process to finished goods recorded)

4 0

3 years ago

in 2021, kiana's house boat was destroyed by a storm in a region that was declared a federal disaster area by the president. she

luda_lava [24]

Kiana will report under the head of natural disaster and its compensation amount is also exempt.

In income tax, there are a total of five heads of income viz

income from salary
Income from house property
Income from profits and gain of business or profession
Income from capital gains
Income from other sources

Each head of income describes different features of income that are taxable.
Income tax is a tax levied on income or profits received by an individual or entity. Income tax is usually calculated as the product of tax rate and taxable income.
Tax rates vary depending on the type and characteristics of the taxpayer and the type of income.

Thus, Kiana's loss results from a natural disaster that is exempt under section 10(10BC).

To know more about income tax refer : brainly.com/question/26316390

#SPJ4

5 0

1 year ago

Riya has recently started a restaurant in a commercial area that already has many other establishedrestaurants and popular fast-

STatiana [176]

Answer:

Option 4 Building is the most valuable asset owned by Riya

Explanation:

The reason is that the asset lowers the breakeven point and also helps to increase the profit by offering at lower prices than the competitor to increase the product demand and earn more by increased demand (Demand and price relationship application). So the most valuable asset from the business perspective is building owned by Riya.

3 0

2 years ago

During the months of January and February, Solitare Corporation sold goods to two customers. The sequence of events was as follo

Daniel [21]

Answer:

The total revenue Solitare would report over the two months is $99 with a gross loss of $11.74

Explanation:

Particulars Amount ($)

Sales (January & February)

- Wizard Inc $50

- Spyder Corp $50

Less: Discount allowed to Wizard Inc $1 ($50 * 2%)

Net Sales $99

Less: Cost of goods sold (60.6+50.14) $110.74

Gross Loss $11.74

8 0

2 years ago

Sales and Production Budgets Ultimate Audio Company manufactures two models of speakers, U500 and S1000. Based on the following

mixas84 [53]

Answer:

Part a

Ultimate Audio Company

Sales Budget

For the Month Ending June 30

Product and Area Unit Sales Volume Unit Selling Price Total Sales

Model U500 :

Northeast Region 140,000 $45 $6,300,000

Southwest Region 160,000 $45 $7,200,000

Total $13,500,000

Model U500 :

Northeast Region 100,000 $80 $8,000,000

Southwest Region 125,000 $80 $10,000,000

Total $18,000,000

Total Revenue from Sales $31,500,000

Part b

Ultimate Audio Company

Production Budget

For the Month Ending June 30

Model U500 Model S1000

Expected Units to be Sold 300,000 225,000

Add Desired Closing Inventory 30,000 15,000

Total 330,000 240,000

Less Desired Opening Inventory (25,000) (10,000)

Total Production 305,000 230,000

Explanation:

Note : I have attached the complete question as images below !

A Sales Budget shows the Total Expected Revenue from sale of budgeted units.

Total Revenue = Total Expected Units Sales x Selling Price Per Unit

A Production Budget shows the number of units to be produced to meet the Sales and Inventory targets

Total Production = Expected Sales + Desired Closing Inventory - Desired Opening Inventory

5 0

3 years ago