Ask question

Ask question

All categories

Ira Lisetskai [31]

3 years ago

6

What is the usual term for spending on infrastructure, production facilities, or anything else that will increase future product

ion possibilities?

1 answer:

ololo11 [35]3 years ago

7 0

Capital Investment. Capital investment includes spending money on equipment, factories, etc that will help the business be productive in the future.

You might be interested in

Nutsm = wut tell me<br> ddfghdjhdsdsfsfsdfdfs

OLga [1]

Answer:

Hmmm..

Explanation:

6 0

3 years ago

Jasmine has a gross pay of $754.80. By how much will Jasmine's gross pay be reduced if she has the following items withheld?

olga55 [171]

Answer:

reduction in jasmine gross pay is = $94.32

Explanation:

Given data:

gross pay = $754.80

federal tax is $31

social securty tax 6.2%

Medicare tax is 1.45%

Paystate tax is 18%

reduction in jasmine gross pay is calculated as

Reduction = federal tax+ ( social security tax * gross pay) + (medicare tax * gross pay) + ( paystate tax * federal tax)

Reduction = 31 + ( 6.2% + 754.8) + (1.45% *754.8) + (0.18*31)

reduction in jasmine gross pay is = $94.32

6 0

3 years ago

Read 2 more answers

A review of the ledger of Cullumber Company at December 31, 2022, produces these data pertaining to the preparation of annual ad

VladimirAG [237]

Answer:

1) Dr. Insurance Expense 8,908

Cr. Prepaid Insurance 8,908

2) Dr. Prepaid Rental revenue 94,580

Cr. Rental revenue 94,580

3) Dr. Interest Expense 798

Cr. Notes Payable 798

4) Dr. Salaries and Wages Expense 3,975

Cr. Salaries and Wages Payable 3,975

Explanation:

1) Insurance

Building: (11,100/3)×1 = 3700

Vehicle : (7812/18)×12= 5208

total = 3700 +5208= 8908

2) Revenue

5380×2 = 10760 ×4 = 43040

8590 ×1 = 8590 ×6 = 51540

total = 94580

3) Notes Payable

monthly interest rate = 7%/12 = 0.0058333

interest expense = 45600× 0.005833 × 3 = 798

4) Salary Expense

615 ×5 = 3075

710 ×5 = 3550

salary per week = 3075 + 3550 = 6625

Salary per day = 6625 ÷ 5 = 1325

since they worked last three days of December so:

Salary payable = 1325 × 3 = 3975

8 0

4 years ago

Lund Company applies manufacturing overhead to jobs using a predetermined overhead rate of 75% of direct labor cost. Any under o

BartSMP [9]

Answer:

A. $5,250

Explanation:

As for the provided details we have,

The total cost of work in process on 31 March = $14,000

In this amount included as cost of direct labor = $5,000

This means the remaining amount $14,000 - $5,000 = 9,000 relates to cost of direct material and cost of manufacturing overheads.

Also provided that manufacturing overheads are applied using the predetermined rate of 75% of direct labor.

Thus, amount charged to work in process inventory for manufacturing overheads shall be $5,000 direct labor cost $\times$ 75% = $3,750

Thus, direct material cost in work in process = $14,000 - $5,000 - $3,750 = $5,250

3 0

3 years ago

This is the trial balance of Blossom Company on September 30.

andre [41]

Answer:

1. Cash (Dr.) $1,470

Accounts receivable (Cr.) $1,470

2. Account Receivable (Dr.) $5,020

Revenue (Cr.) $5,020

3. Salaries Expense (Dr.) $1,380

Cash (Cr.) $1,380

4. Cash (Dr.) $560

Revenue (Cr.) $560

5. Accounts Payable (Dr.) $1,800

Cash (Cr.) $1,800

6. Dividend Paid (Dr.) $340

Cash (Cr.) $340

7. Utilities Expense (Dr.) $440

Cash (Cr.) $440

Explanation:

The Blossom company has incurred expenses and various transactions which are recorded in the journal ledger to form the trial balance of the company. These transaction are recorded according to the company's expense and then these expense are charged to their respective accounts.

8 0

4 years ago