RE- QUESTION:

1. Scenario: Stephanie has been driving for four years without any major auto accidents-until today. It was pouring rain when sh

Dmitry [639]

C. 85,000 of the insurance is 100,000 for a bodily injury

6 0

4 years ago

Higher cash flows earlier in a project's life are Blank______ valuable than higher cash flows later on.

AlekseyPX

When we get higher cashflows in a projects life at an earlier period, these are more valuable than later on.

<h3>Why are earlier cashflows more valuable?</h3>

When we receive higher cashflows earlier on in a project's life, the discounted values of these cashflows will be higher.

This is as opposed to receiving them later on where the discounted values will be lower on account of there being a longer period to discount over.

Find out more on discounted values of cashflows at brainly.com/question/18957458.

#SPJ4

6 0

2 years ago

Refined Grains, Inc., agrees to sell to Sunny Cereal Company a certain quantity of refined oatseach week but no mention is made

aleksandr82 [10.1K]

Answer:

OPTION(C) is correct

Explanation:

According to UCC, the product should be delivered to refined's place of business.

Because as we know that UCC makes written contract by the will of both the sides who are making deal to prevent fraud. But, as we know that during the deal the place of delivery is not been fixed to prevent fraud, the delivery of the product should take place at refined's place of business.

7 0

3 years ago

The Brookstone Company produces 9 volt batteries and AAA batteries. The Brookstone Company uses a plantwide rate to apply overhe

Rzqust [24]

Answer:

Over applied Overhead =$ 42,500

Explanation:

Actual Overhead $325,000

Estimated Overhead $350,000

Over applied overhead is when the Predetermined overhead is more than the actual overhead . Under applied overhead is when the Predetermined overhead is less than the actual overhead .

Predetermined Overhead rate= Overhead / total direct labor hours

= 350,000/ 500,000 (100)= 70%

Applied Overhead = Predetermined Overhead rate( actual direct labor hours)

= 70 % (525,000) = $367,500

Applied Overhead $367,500

Less Actual Overhead $325,000

Over applied Overhead =$ 42,500

5 0

3 years ago

The following account appears in the ledger prior to recognizing the jobs completed in January:

deff fn [24]

Answer:

Following are the solution to this question:

Explanation:

In point a:

Journal Entry :

Account Dr Cr.

Goods completed $\$358,680$

Processing work $\$358,680$

Complete total labour costs

$= \$70,950 + \$82,770 + \$ 43,360 + \$ 161,600 \\\\ = \$ 358680$

In point b:

Uncompleted jobs cost:

$\text{Balance, January 1} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$17,510\\\\\text{Direct materials} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$142,360\\\\ \text{Direct labor } \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$153,560\\\\\text{Factory overhead } \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$80,720\\\\\text{Cost of Finished Goods Transferred} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ (\$ 358680)\\\\\text{Cost of Unfinished Jobs on Aug 31} \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \ \$ 35470\\\\$

8 0

3 years ago