Answer:
Tyler year-end capital account 373,500
Piper year-end capital account 196,500
Explanation:
income 290,000
interest: (14,000) (210,000 x 5% + 70,000 x 5%)
salaries: (81,000) (36,000 + 45,000)
remainder 195,000
Tyler:
210,000 + 5% interest + 36,000 salary + 195,000 x 3/5 = 373.500
Piper
70,000 + 5% interest + 45,000 salary + 195,000 x 2/5 = 196,500
Answer:
All of these answers are correct.
Explanation:
a receiving report that indicates the type and quantity of each item received in an order from a supplier
<u>That is correct </u>The materials will be diferent for each jobs, so it is important to have a list of the goods availalbe
a materials requisition record to record raw material purchases from suppliers
<u>That is correct </u>The materials will be request and recorded for the job used
a labor-time card to record an employee's wage rate and hours spent on a particular job
<u>That is correct </u>The employee will assing their hours to each job.
Answer:
$154,700
Explanation:
Given that:
- Indirect Materials: 34,000
- Direct Materials: 292,000
- Factory Utilities: 1,000
- Property Taxes: 5,900
- Sales Commissions: 85,000
- Indirect Labor : 22,000
- Direct Labor: 150,000
- Depreciation on Factory Equipment: 6,800
As we know that total manufacturing overhead are costs incurred to create the product or service that is not related to direct material or direct labor.
So our total manufacturing overhead in this question is:
Factory Utilities +Indirect Materials Used + Property Taxes on Factory Building + Sales Commissions + Indirect Labor Incurred + Depreciation on Factory Equipment
= 1,000 + 34,000 +5,900 + 85,000 + 22,000 + 6,800
= 154,700
Answer:
Like 4 days into the week so they can have it for the next week.
Explanation: