Answer:
The economy of Cuba is a largely planned economy dominated by state-run enterprises.The country's economy had grown rapidly in the early part of the century, However, from 1996, the State started to impose income taxes on self-employed Cubans.
Explanation:
Answer:
a.) Raw material 210000
Account payable 210000
(Purchase material on account)
b.) 1.Work in process 151200
Raw material 151200
(material used)
2.Overhead 37800
Raw material 37800
(Record indirect material )
c.)1. Work in process 49000
Factory payroll 49000
(Record direct labor)
2. Overhead 20000
Factory payroll 20000
(Record indirect labor)
d.) Overhead 106000
Accumulated depreciation 106000
(record depreciation)
e.) Overhead 130000
Account Payable 130000
f.) work in process (8*76400) 611200
Overhead 611200
g.) Finished goods 511000
Work in process 511000
( record completion of goods from wip to finished goods)
h.)Account receivable 605680
Sales 6056800
(record sales on account)
Explanation:
f.Overhead applied to a particular job= Predetermined rate* job hours allocated
h. copmlete job were shipped to customer at 34% above cost =(452000*34%)=452000+153680=605680.
A group of individuals that can get elected basically
Hope it helped!!
To increase Federal Funds rate, they can B: decrease the discount rate. I'm sorry if I'm wrong. I'm also sorry it took so long I was distracted watching the Hannah Montana marathon on Disney Channel :) I'm such a child. Well, i am 12 and Hannah Montana was my entire childhood (age 1-7 and is always a part of me)
Answer:
Product category units cost NRV year-end inventory
Tools:
-
Hammers 120 <u>$5.50</u> $6.00 $660
- Saws 250 $10.50 <u>$9.50</u> $2,375
- Screwdrivers 350 <u>$2.50</u> $3.10 $875
Paint products:
-
1-gallon cans 550 $6.50 <u>$5.50</u> $3,025
- Paint brushes 120 <u>$4.50</u> $5.00 $540
1) carrying value of year-end inventory:
Tools:
-
Hammers $660
- Saws $2,375
- Screwdrivers $875
- sub-total $3,910
Paint products:
-
1-gallon cans $3,025
- Paint brushes $540
- sub-total $3,565
Total $7,475
2) adjustment to tools:
Dr Cost of goods sold 250
Cr Inventory: tools 250
adjustment to paint products:
Dr Cost of goods sold 550
Cr Inventory: paint products 550
or total adjustment to inventory account:
Dr Cost of goods sold 800
Cr Inventory 800
