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Elodia [21]
3 years ago
6

During 2017, Sheridan Company expected Job No. 26 to cost $300000 of overhead, $500000 of materials, and $200000 in labor. Sheri

dan applied overhead based on direct labor cost. Actual production required an overhead cost of $260000, $510000 in materials used, and $150000 in labor. All of the goods were completed. What amount was transferred to Finished Goods?
Business
1 answer:
vovangra [49]3 years ago
3 0

Answer:

The $885,000 was transferred to Finished Goods

Explanation:

The computation of the transferred amount to finished good is shown below:

= Material used + labor cost + overhead cost

where,

Overhead cost = (Expected overhead ÷ estimated labor) × actual labor cost

= ($300,000 ÷ $200,000) × $150,000

= 1.5 × $150,000

= $225,000

The other items values would remain the same

Now put these values to the above formula  

So, the value would equal to

= $510,000 + $150,000 + $225,000

= $885,000

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Persuasion, collaboration, participation and direction are four styles of leadership that all leaders can use. Can all four of t
Mkey [24]

Answer:

false

Explanation:

All four leadership styles: persuasion, collaboration, participation, and direction are not styles used by both transformative leaders and transactional leaders.

In transformative leadership, these styles are used, as the focus of this leadership style is to inspire your subordinates through trust and easy communication that motivates and encourages employees to be more productive, giving a sense of work appreciation and personal pride.

In transactional leadership, the leader is the one who uses a reward system for the good performance of subordinates, not intervening in decisions, that is, he is not a leader who participates, directs or collaborates with the progress of the work, but who uses the " laissez-faire" which is a term that corresponds to a style where the leader does not make decisions, but lets the employees themselves have the autonomy to make them.

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3 years ago
20. A change in price of a good or service typically causes
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Answer:

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Explanation:

6 0
3 years ago
The most recent financial statements for Summer Tyme, Inc., are shown here:
d1i1m1o1n [39]

Answer:

External finance needed = $2,088

Explanation:

Note: See the attached excel file for the Calculation of ratios with respect to sales, Proforma Income Statement, Calculation of Retained Earnings and Equity, and Proforma Balance Sheet.

From the Proforma Balance Sheet in the attached excel file, we have:

Total Assets = $12,610

Total Liabilities = $10,448

Therefore, we have:

External finance needed = Total Assets - Total Liabilities = = $12,610 - $10,448 = $2,088

Download xlsx
5 0
3 years ago
If you discover a near zero correlation between some firefighters' aptitude test scores and their actual performance on the job,
Ann [662]
Hmm, i'm not super sure about this one can I go and research it?
4 0
3 years ago
Some of the characteristics of the new breed of global leaders include Question 8 options: a) The skills and abilities to intera
skelet666 [1.2K]

Answer:

d) All of the above

Explanation:

Leadership can be defined as a process which typically involves motivating, encouraging and inspiring employees working under an individual to be innovative and create positive changes that will foster growth and enhance the success of a group, business firm, state, or country in the future.

A leader can be defined as an individual who is saddled with the responsibility of controlling, managing and maintaining a group of people under him or her. Some types of power expressed by leaders are referent power, legitimate power, coercive power, etc.

Generally, leaders use their powers to get other people to follow them.

In conclusion, all of the aforementioned characteristics are possessed by the new breed of global leaders across the world.

8 0
3 years ago
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