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4 years ago

The following information has been taken from the ledger accounts of Bridgeport Corporation.

Business

1 answer:

stealth61 [152]4 years ago

5 0

Answer:current balance of retained earnings=$206,000

Explanation:

Net Retained Earnings = Total Income since Incorporation−

Total Cash Dividend Paid− Value of Stock Dividend distributed

Where

cash dividends distributed among the stakeholders= $55,000

value of stock dividends distributed = $31,000

Total Dividend Distributed = $86,000

Net Retained Earnings = $292,000 -($86,000)=$206,000

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A decrease in the price of domestically produced industrial robots will be reflected in Group of answer choices both the GDP def

LuckyWell [14K]

Answer:

the GDP deflator but not in the consumer price index

Explanation:

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It reflects change in price level of all domestically produced final goods in an economy, during given years.

Consumer Price Index (CPI) indicates price change in market basket of consumer goods & services purchased by households. It is statistically measured based on weighted average of various market basket commodities.

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3 years ago

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Feliz [49]

Answer:

B. High performances work practice

Explanation:

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3 years ago

Read 2 more answers

Acme Company’s production budget for August is 17,600 units and includes the following component unit costs: direct materials, $

Ivan

Answer:

Instructions are below.

Explanation:

Giving the following information:

Actual production in August was 18,810 units.

During August, 319,770 pounds of raw material were used that were purchased at $0.50 per pound.

The standard direct material cost per unit consists of 11 pounds of raw material at $0.7 per pound.

<u>To calculate the direct material price and quantity variance, we need to use the following formulas:</u>

<u></u>

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (0.7 - 0.5)*319,770

Direct material price variance= $63,954 favorable

Direct material quantity variance= (standard quantity - actual quantity)*standard price

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3 years ago

In texas, the dual budgeting system consists of separate budgets from which two groups?

Ilya [14]

In Texas, the dual budgeting system consists of separate budgets from The legislative and executive branches. This is further explained below.

<h3>What is a dual budgeting system?</h3>

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In conclusion, Therefore, the dual budget process offers a division of tasks that often has more to do with historical structures, political goals, prospective funding sources, and institutional capabilities than with the actual nature and purpose, including accurate description, of the expenditures themselves.

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2 years ago

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Kay [80]

Answer:

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