Answer:
<u>Bethesda Mining</u>
<u>Common-size Balance Sheets for as at </u>
2018 2019
% %
Assets
Current Assets
Cash 5.91 7.23
Accounts Receivable 7.00 8.96
Inventory 13.67 20.27
Total 26.58 36.46
Fixed Assets
Net Plant and Equipment 73.41 63.54
Total Assets 100.00 100.00
Liabilities and Owners` Equity
Current Liabilities
Accounts Payable 21.13 21.23
Notes Payable 9.43 14.66
Total 30.55 35.90
Long term debt 26.32 18.61
Owners` Equity
Common Stock and Paid in surplus 24.43 23.60
Accumulated Retained Earnings 18.70 21.89
Total 43.12 45.48
Total Liabilities and Owners` Equity 100.00 100.00
Explanation:
<em>Hi, I have attached the full question as an image below.</em>
In a Common Size Statement of Financial Position, each item is expressed as a percentage of Total Assets.
So, the first step is to determine the Total Assets for the Period you want work with. Next, express each item as a percentage of the Total Sales
The finance cluster and the management cluster would be best for Scott because in finance he can work with money and others but in the management cluster he can be a leader working with others.
Neither tom nor manny has emailed the document to jerusha.
<h3>What is email?</h3>
Email contains information or message that is sent electronically.
Neither agrees with nor in a sentence as they both act as conjugate and this means neither of the two emailed Jerusha.
Therefore, Neither tom nor manny has emailed the document to jerusha.
Learn more on email below
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Answer:
$2069
Explanation:
Given
Applied overhead costs of Goods sold = $59,300
Applied overhead cost of finished goods = $38,000
Overhead Balance = $97,300
Overhead Cost = $92,000
Overapplied Overhead = Overhead Balance - Overhead Cost
Overapplied Overhead = $97,300 - $92,000
Overapplied Overhead = $5,300
Allocated Amount = (Applied Overhead * Finished Goods /(Overapplied Overhead)
Allocated Amount = ($5,300 * $38,000) ($59,300 + $38,000)
Allocated Amount = ($5,300 * 38,000) (97,300)
Allocated Amount = $2069
All of them are the non-manufacturing business where process costing would most likely be used.
Explanation:
- All are non-manufacturing business which are as follows,
- An auto body shop.
- A furniture repair shop.
- A laboratory that tests water samples for lead A tailoring shop.
- A beauty shop.
- Non-manufacturing business costs refers to those business where it is incurred outside the factory or production unit
- Non-manufacturing costs includes,
- selling expenses
- general expenses
- Selling Expenses
- It is also called as selling and distribution expenses.
- Non-manufacturing expenses have no impact on the production cost of the company due to their period costs.
