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arlik [135]
3 years ago
11

Which of the following entries would be made to record $20,800 of labor-80% of which is direct, and 20% of which is indirect-to

jobs?
A. Work in Process Inventory 20,800
Wages Payable 20,800
B. Manufacturing Overhead 20,800
Manufacturing Wages 20,800
C. Work in Process Inventory 16,640
Manufacturing Overhead 4,160
Wages Payable 20,800
D. Wages Payable 20,800
16,640
WIP Inventory
Manufacturing Inventory 4,160
Business
1 answer:
Andrei [34K]3 years ago
8 0

Answer:

Option C

Explanation:

Entry:                                            DEBIT         CREDIT

Work in Process Inventory        16,640

Manufacturing Overhead(w)      4,160

Wages Payable                                                 20,800

Working: Manufacturing Overhead = 20,800 x 40% = $4,160

Note: In order to find out the work in progress and manufacturing Overhead we will consider sum of all direct cost as Work in progress and allocate the sum of indirect to Manufacturing Overheads.

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Answer: D. Both thought processes are linear

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2 years ago
FARO Technologies, whose products include portable 3D measurement equipment, recently had 36 million shares outstanding trading
erma4kov [3.2K]

Answer:

A. $117 million

B.13%

C. $21.75

Explanation:

B. Calculation to determine How large a loss in dollar terms will existing FARO shareholders experience on the announcement date

Expected Loss= 390*30%

Expected Loss= $117 millions

Therefore How large a loss in dollar terms will existing FARO shareholders experience on the announcement date will be $117 millions

B. Calculation to determine What percentage of the value of FARO’s existing equity prior to the announcement is this expected gain or loss

First step is to calculate the Existing Shares Value

Existing Shares Value =36*$25

Existing Shares Value= $900 millions

Now let calculate the Expected Loss %

Expected Loss % = $ 117/$ 900

Expected Loss % = 13%

Therefore the percentage of the value of FARO’s existing equity prior to the announcement is this expected gain or loss will be 13%

C. Calculation to determine At what price should FARO expect its existing shares to sell immediately after the announcement

Price Per Share: $ 25*(1 - 0.13)

Price Per Share$25*0.87

Price Per Share: $21.75

Therefore what price should FARO expect its existing shares to sell immediately after the announcement is $21.75

6 0
3 years ago
If the annual growth rate in Real GDP is 4 percent, then it will take 25 years for the economy to double in size.
AVprozaik [17]

Answer:

False

Explanation:

The growth of 4% for 25 years would nominally signify a 100% increase and you might think that the economy has double its size. But you must take into account that’s this is a compound growth then the economy would reach the double of its size before 25 years.  

Think that he initial size of the economy is 10 and it grows 4% then an annual growth will be 10,4 now the compound grow is adding up 0,4 to the initial size of 10. Then you recalculate a growth of 4% for the second year this means 10.816 grow.  

If you notice the extra 0.016 increase for the second year is the effect of calculating the 4% increase based on the previous size 10 plus 0.4.

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3 years ago
Recent trends that might lead managers of multinational corporations (MNCs) to adopt a more decentralized strategy for their ope
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Answer:

The correct answer is <em>customer needs, interests, and tastes becoming increasingly homogenized.</em>

Explanation:

As the economic recovery is consolidated, many organizations are taking stock of the strategy followed in terms of centralization / decentralization and begin to consider that it can be a good time to bet on decentralized management in areas such as human resources and human resources management. talent.

Decentralized management can be interpreted as a loss of control by the HR management, because it implies a greater degree of autonomy of the various work centers, by now making the zone managers decisions without involving the entire chain of command, as usual.

Thanks to the creation of guided processes, the highest levels of customization and adaptability to the specific needs of each organization can be achieved, so that the degree of independence and the variation of the chain of command are perfectly defined, under control and defined according to The problem of each organization.

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3 years ago
Golden has a receivable due in 30 days for 30,000 euros. The treasurer is concerned that the value of the euro relative to the d
attashe74 [19]

Answer:

The answer is c. Enter into a forward contract to sell 30,000 euros in 30 days

Explanation:

The risk Golden is facing is the exchange rate risk. Specially, as of the firm's concern, 30,00 euros they will receive in 30 days will not be worth as much as it is now because the Euro is expected to be depreciated against the firm's domestic currency.

So, they may enter into a forward contract allowing them to sell 30,000 euros in 30 days ( take short position in Euro) at pre-determined exchange rate. By doing so, they effectively eliminate the exchange rate risk by lock-in the exchange rate at the day they receive 30,000 euro.

8 0
3 years ago
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