Appellate courts do not have to hear all of the cases they are presented. True False

3241004551 [841]

Uhm financial crisis, poverty, homelessness, debt, etc...

4 0

3 years ago

Pulaski Plumbing Supply is planning to bring a new type of valve to market and is conducting a break-even analysis. For this ana

vekshin1

Answer:

break-even point (BEP) = 25,000 items

Explanation:

given data

Selling price = $2.50

Fixed costs = $10,000

Variable cost = $2.10

solution

we know that Revenue is sum of Fixed costs and variable costs

so we use here contribution margin method that is

Contribution margin = $ 2.50 - $ 2.10

Contribution margin = $ 0.4

so

break-even point (BEP) for the valve is here

break-even point (BEP) = fixed cost ÷ Contribution margin ...................1

put here value

break-even point (BEP) = $\frac{10000}{0.4}$

break-even point (BEP) = 25,000 items

4 0

4 years ago

On November 2, 2020, Bramble Company has cash sales of $6120 from merchandise having a cost of $3540. The entries to record the

Crank

Cash will be debited and sales will be credited by $6,120 and cost of good sold with be debited and inventory will be credited by $3,540.

A journal entry is the act of maintaining or producing records of any economic or the non-economic transaction. An accounting journal, which shows a company's debit and credit balances, records transactions. The journal entry may have many records, each of which is either a debit or a credit.

The journal entry to record days cash sales would be as given below:

Cash (Dr) $6,120

To sales $6120

(Being cash sales of $6,120)

Cost of good sold (Dr) $3,540

To inventory $3,540.

(Being cost of cost of good sold)

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7 0

2 years ago

Taxes levied on the sale, manufacture or use of specific items such as liquor, cigarettes, and gasoline are known as

Tasya [4]

Taxes levied on the sale, manufacture or use of specific items such as liquor, cigarettes, and gasoline are known as selective sales taxes, as well as excise taxes.
So, there aren't taxes on a whole bunch of products, but rather on a selected few, which (in the case of alcohol and cigarettes) are considered detrimental to the society and thus people who want to use them have to pay a little bit more in order to have that commodity.

3 0

3 years ago

Pro-Weave manufactures stadium blankets by passing the products through a weaving department and a sewing department. The follow

taurus [48]

Answer:

a. raw materials purchases

raw materials 505,000 debit

account payable 505,000 credit

b. direct materials usage

Weaving WIP 304,000 debit

Sewing WIP 84,000 debit

Raw Materials 388,000 credit

c. indirect materials usage

Factory overhead 164,000 debit

Raw Materials 164,000 credit

d. direct labor usage

Weaving WIP 1,275,000 debit

Sewing WIP 485,000 debit

Wages Payables 1,760,000 credit

e . indirect labor usage

Factory overhead 1,525,000 debit

Wages Payables 1,525,000 credit

f. other overhead costs

Factory Overhead 186,000 debit

Other Account Payable 186,000 credit

g. overhead applied

Weaving WIP 1,083,750 debit

Sewing WIP 751,750 debit

factory Overhead 1,760,000 credit

h. payment of total wages costs.

Wages Payable 3,285,000 debit

Cash 3,285,000 credit

Explanation:

the direct cost is assigned to each department while the indirect cost into factory overhead

g) overhead calculations:

Weaving $1,275,000 labor x 85% = 1,083,750

Sewing $ 485,000 labor x 155% = 751,750

Total applied overehead: 1,835,500

h) total wages cost:

Wages payable T-account

DEBIT CREDIT

--------------------------------------

d) 1,760,000

e) 1,525,000

Balance 3,285,000

6 0

3 years ago