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3 years ago

The claims of creditors against the assets are

Business

1 answer:

miv72 [106K]3 years ago

7 0

The answer is definitely c. The business is liable to the creditor for the amount that is owed.

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Pacific Ink had beginning work-in-process inventory of $762,960 on October 1. Of this amount, $313,920 was the cost of direct ma

BartSMP [9]

Answer:

Cost of goods transferred =$6,388,147.07

Cost of ending inventory=$1,068,478.93

Explanation:

Equivalent unit of material = (120,000× 100%)+(39,000×75%)=149250

Cost per unit of material = Total cost /Total equivalent unit

=(313,920 +2,956,500)/149250 =21.912

Cost per conversion cost

Equivalent unit of conversion cost

= (120,000 × 100%) + ((39,000×35%)= 133,650

Cost per unit of conversion cost

= ($3,737,220 + $449,040)/133,650 = 31.322

Cost of goods transferred = 120,000× (21.912 + 31.322)= 6,388,147.07

Cost of Inventory = (75%*39,000×21.912)+(35%× 39,000×31.322)

= 1,068,478.93

Cost of goods transferred =$6,388,147.07

Cost of ending inventory=$1,068,478.93

3 0

3 years ago

Phoenix Company’s 2017 master budget included the following fixed budget report. It is based on an expected production and sales

djverab [1.8K]

Answer:

According to the flexible budget, income from operations will increase from $557,000 to $915,000 if the units sold increase from 15,000 to 18,000 during 2017.

Explanation:

sales revenue should increase to $4,050,000

cost of goods sold should increase to: ($2,237,000)

direct materials $1,260,000
direct labor $180,000
machinery repairs $54,000
depreciation (fixed) $315,000
utilities $228,000
management salaries $200,000

gross profit $1,813,000

S&A expenses increase to: ($898,000)

packaging $72,000
shipping $108,000
sales salaries (fixed) $260,000
advertising expense (fixed) $127,000
adm. salaries (fixed) $241,000
entertainment (fixed) $90,000

income from operations $915,000

4 0

3 years ago

A certain bookstore chain has two stores, one in San Francisco and one in Los Angeles. It stocks three kinds of books: hardcover

Hoochie [10]

Answer:

Hard Soft Plastic

San Francisco 3,600 7,800 12,000

Los Angeles 2,400 1,800 3,000

Explanation:

The sales during January were as follows:

Hard Soft Plastic

San Francisco 600 1,300 2,000

Los Angeles 400 300 500

If the sales during the next five months were actually the same, then to determine total sales all we have to do is multiply January's sales by 6.

600 x 6 = 3,600 1,300 x 6 = 7,800 2,000 x 6 = 12,000

400 x 6 = 2,400 300 x 6 = 1,800 500 x 6 = 3,000

7 0

3 years ago

Which is NOT a career in plant systems? A. arborist B. landscaper C. botanist D. farmer

marishachu [46]

Answer:

I believe the answer in B. landscaper

Explanation:

It can't be A or C, and B makes more sense than D. If it for some reason isn't B, It should be D.

7 0

3 years ago

Read 2 more answers

Strong family ties to the surrounding social context, as indicated by frequent contact with friends and relatives, organized you

jolli1 [7]

Answer:

The correct answer is: reduce stress and enhance adjustment.

Explanation:

Families bond with their surrounding society promotes a friendly atmosphere in society. Cooperation, kindness, respect, and honesty are core values that families should share among them. By doing this, their atmosphere is likely to be less stressful and adults and children can adapt to the community easier.

5 0

3 years ago