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allochka39001 [22]
3 years ago
12

The journal entry to issue​ $600 of direct materials and​ $30 of indirect materials to production involves​ debit(s) to the​ ___

_____.
a. manufacturing overhead account for​ $630
b. ​work-in-process inventory account for​ $600 and manufacturing overhead account for​ $30
c. ​work-in-process inventory account for​ $600 and finished goods inventory account for​ $30
d. ​work-in-process inventory account for​ $630
Business
1 answer:
zmey [24]3 years ago
7 0

The journal entry to issue​ $600 of direct materials and​ $30 of indirect materials to production involves​ debit(s) to the​ B. ​work-in-process inventory account for​ $600 and manufacturing overhead account for​ $30.


Work-in-process inventory refers to a company's goods that are waiting to be finished and completed. While these goods wait to be finished, they are waiting their overall value they are given as well. Manufacturing overhead refers to the items that are used for manufacturing. Everyting that has to take place and be paid for manufacturing to take place.

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You are the operations manager for an airline and you are considering a higher fare level for passengers in aisle seats. how man
hram777 [196]
Recall that margin of error is given by:

M=z_{\alpha/2}\sqrt{ \frac{p(1-p)}{n}}  \\  \\ \Rightarrow\frac{M^2}{\left(z_{\alpha/2}\right)^2}= \frac{p(1-p)}{n} \\  \\ \Rightarrow n= \frac{\left(z_{\alpha/2}\right)^2p(1-p)}{M^2}

Given that <span>you want to be 95​% confident that the sample percentage is within 2.5 percentage points of the true population percentage.

This means that z_{\alpha/2}=1.96 and M = 2.5% = 0.025.

Part A:

When nothing is known about the percentage of persengers who prefer aisle seat, we make use of p = 50% = 0.5.

Thus,

n=\frac{1.96^2\times0.5\times0.5}{(0.025)^2}= \frac{0.9604}{0.000625} =1,537

Therefore, 1,537 </span><span>randomly selected air passengers must be​ surveyed to </span><span>be 95​% confident that the sample percentage is within 2.5 percentage points of the true population percentage.



Part B:

Given that recent surveys surgest that about 38% of all air passengers</span> prefer an aisle seat, thus p = 38% = 0.38

<span>Thus,

n=\frac{1.96^2\times0.38\times0.62}{(0.025)^2}= \frac{0.9051}{0.000625} =1,449

Therefore, 1,449 </span>randomly selected air passengers must be​ surveyed to <span>be 95​% confident that the sample percentage is within 2.5 percentage points of the true population percentage.</span>
6 0
3 years ago
What total unrealized holding gain would beresford report in its 2021 income statement relative to its investments in bonds?
Airida [17]

Total unrealized holding gain would Beresford report in its 2021 income statement relative to its investments in bonds is $36,600.

Unrealized holding gains are increases in the value of assets that a company or individual continues to hold.

This gain has not yet been reported on the entity's income statement as a realized gain.

The gain is considered realized once the asset is sold.

Assets are frequently held even after a gain in value has occurred, either because the owner expects another gain or because the owner does not want to pay taxes on the gain.

Therefore, total unrealized holding gain is the difference between the fair value of trading securities on 12/31/2021 and at 12/31/2020.

For the figures used refer to the attached image.

total unrealized holding gain = (76000 - 65000) + (98100 - 67000) + (58500 - 64000)

                                            = 11000 + 31100 - 5500

                                            = $36,600

Hence, the correct answer is $36,600.

Learn more about holding gain:

brainly.com/question/16629295

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8 0
1 year ago
Pharrell, Inc., has sales of $602,000, costs of $256,000, depreciation expense of $62,500, interest expense of $29,500, and a ta
hjlf

Answer:

The earnings per share figure is $1.89

Explanation:

Sales of $602,000

Costs of $256,000

Depreciation expense of $62,500

Interest expense of $29,500

Tax rate of 40 percent.

-> Profit Before Tax  = Sales - Cost - Depreciation Expense - Interest expense

= $602,000 - $256,000 - $62,500 - $29,500

= $254,000

Net profit = Profit before Tax x (1 - Tax rate) = $254,000 * (1 - 40%) = $152,400

Earnings per share = (net profit - dividend paid for preferred stock)/ common stock outstanding = ($152,400-$44,500)/ 57,000

= $1.89

7 0
4 years ago
Peed VVheels has insurance on its race car track that covers up to $150,000 in damage with a $7,500 deductible. This means that
Viktor [21]

Answer:

Speed Wheels and the Insurance Company

The insurance company will pay Speed Wheels $14,200.

Explanation:

a) Data:

Insurance cover = $150,000

Insurance premium = $7,500

Insurance Claim = $14,200

b) The insurance company is expected to restore the insured, Speed Wheels, to its former position before the damage. It can do this by issuing a check to the value of the claim after some verifications.  The insurance company will most likely not reject the claim as the amount of damage suffered is within the insurance coverage.

8 0
3 years ago
First City Bank pays 9 percent simple interest on its savings account balances, whereas Second City Bank pays 9 percent interest
MatroZZZ [7]

Answer:

Amount which is earned from bank B will be $7444.21

Explanation:

We have given principal amount P = $7500

Rate of interest r = 9 %

We have to find the interest after 8 years

Total amount after 8 year is given by

A=P(1+\frac{r}{100})^n=7500\times (1+\frac{9}{100})^8=7500\times 1.99256=$14944.21

So the amount which he earn more = $14944.21 - $7500 = $7444.21

4 0
3 years ago
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