Answer:
A. Debit Cash $8,614; credit Dividend Revenue $8,614.
Explanation:
The journal entry for recording the dividend as on April 15 is shown below:
On April 15
Cash Dr (7,300 shares × $1.18 per share) $8,614
To Dividend revenue $8,614
(Being the dividend is recorded)
For recording this here we debited the cash as it increased the assets and credited the dividend revenue as the revenue is also increased
Therefore the correct option is A.
Answer:
$76
Explanation:
The computation of Unit product cost under variable costing is shown below:-
Unit product cost under variable costing = Direct material + Direct labor + Variable manufacturing overhead
= $47 + $21 + $8
= $76
So, for calculating the Unit product cost under variable costing we simply added the direct material, direct labor and variable manufacturing overhead.
Answer:
a) Taylor Industries can successfully cut back its labor cost in inventory stockrooms by counting only high-value items. These items are determined by reference to their Annual Usage values. The items' annual usage values should be used as the activity cost pool for accumulating and allocating labor cost in inventory stockrooms. Taylor Industries can establish a benchmark or cutoff point so that only the items meeting this benchmark are counted. For example, the items with annual usage value above $5,000 should be included in the items to be counted. This strategy will reduce the number of items to be counted and therefore the labor cost.
b) Since item 15 is critical to Taylor Industries' continued operations, it should be classified as a direct materials cost and not an overhead cost.
Explanation:
a) Data and Calculations:
a random sample of 20 of Taylor's items:
ITEM NUMBER ANNUAL USAGE ITEM NUMBER ANNUAL USAGE
1 $ 1,500 11 $ 13,000
2 12,000 12 600
3 2,200 13 42,000
4 50,000 14 9,900
5 9,600 15 1,200
6 750 16 10,200
7 2,000 17 4,000
8 11,000 18 61,000
9 800 19 3,500
10 15,000 20 2,900
Average annual usage value = $12,657.50
The process you need to to start a fashion clothing brand.
- Fist step is to recognized the fashion need in the market.
- Create your business plan.
- Know your specific audience.
- Start drawing and then designing the cloth
- look for a good clothing maker
- Choose and Make a brand name, logo, etc.
- Set a target price and start marketing/distribution process..
<h3>What is Clothing Brand?</h3>
This is known to be that key Identification that pertains to a given Manufacturer and it is one that is only used in the line of business such as manufacturing, distributing, etc., of clothes.
Note that by flowing the steps above, one can make a great fashion brand in the long run.
Learn more about clothing brand from
brainly.com/question/24264007
#SPJ1
The answer to this question is the term investing activity. An investing activity is an item in the cash flow items that reports the gains and losses from the investments. Examples of records in the investing activity are the acquisition or franchise of restaurant, proceeds from the sale of properties, and capital expenditures.
