Ask question

Ask question

All categories

3 years ago

13

Assume that you are participating in your employers direct deposit program. On payday, the employer deposits your _____ into you

r bank account

2 answers:

Pepsi [2]3 years ago

6 0

Is there any answer choices

Kruka [31]3 years ago

5 0

Wouldn’t the answer be paycheck

You might be interested in

Using a perpetual inventory system, the seller’s journal entry to record the sale of merchandise on account includes a:_________

alexandr1967 [171]

Answer:

D. Debit to Accounts Receivable

Explanation:

Transaction of sale in Perpetual Inventory system will be recorded as follow:

Dr. Cr.

Account Receivable xxx

Sales xxx

Cost of Goods Sold xxx

Merchandise Inventory xxx

There is no entry to purchases, cost of goods sold is debited and inventory is credited. So, the only correct option which is dealt in above transactions.

5 0

3 years ago

In the early 2000’s, mp3 players replaced cd players as the preferred portable music player. this shift in demand was likely the

tester [92]

This shift in demand was likely the result of the improved technology of MP3 players.
Improved technology brought improved quality of MP3 players, which meant that more people were interested in buying them. MP3 players are far more convenient than CD players, because they are smaller, more easily portable, and overall better.

5 0

3 years ago

Company had 200 units of inventory on hand at the end of the year. These were recorded at a cost of $12 each using the last-in,

Georgia [21]

Answer:

Debited by $400

Explanation:

Calculation for the Cost of Goods Sold

Using this formula

Cost of Goods Sold= Inventory on hand*(Cost-Current replacement cost)

Let plug in the formula

Cost of Goods Sold=200 units * ($12 - $10)

Cost of Goods Sold= 200 units*2

Cost of Goods Sold = $400 Debited

Therefore the Cost of Goods Sold will be:$400 Debited

8 0

3 years ago

Parsley Corporation had 250,000 shares of common stock and 5,000 shares of 8%, $100 par, preferred stock outstanding on December

lianna [129]

Answer:

Explanation:

Calculation of total loss:

Net loss 320,000

Preferred dividend [5000*8%*100] 40,000

Total loss 360,000

Calculation of shares:

Common shares 250,000

Additional common stock [36,000*7/12] 21,000

Total shares 271,000

Loss per share = 360,000/271,000 = $1.328

7 0

4 years ago

Paparo Corporation has provided the following data from its activity-based costing system:

BARSIC [14]

Answer:

Unitary total cost= $123.74

Explanation:

<u>First, we need to calculate the activities rates to allocate costs:</u>

<u></u>

Predetermined manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Assembly= 926,800/56,000= $16.55 per machine-hour

Processing orders= 68,310 / 1,800= $37.95 per order

Inspection= 103,360 / 1,360= $76 per inspection-hour

<u>Now, we can allocate costs based on actual activity:</u>

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Assembly= 16.55*1,060= 17,543

Processing orders= 37.95*80= 3,036

Inspection= 76*20= 1,520

Total allocated costs= $22,099

Unitary allocated costs= 22,099/700= $31.57

<u>Finally, the unitary total cost:</u>

Unitary total cost= 31.57 + 51 + 41.17

Unitary total cost= $123.74

8 0

2 years ago