There are __________ categories of road signs.

Of the securities listed below, which would be exempt from the registration requirements of the Uniform Securities Act?I. Securi

Leni [432]

Answer:c

Explanation: from the listed options

Securities issued by a railroad common carrier company.

Securities issued by a federal credit union established for teachers

Securities issued by a trust company . All of these are exempt from the registration requirements of the Uniform Securities Act.

6 0

2 years ago

Marcelino Co.’s March 31 inventory of raw materials is $80,000. Raw materials purchases in April are

Setler [38]

Answer:

A journal entry was prepared to record the transactions of Marcelino Company during the month of April with the scheduled cost of goods.

Explanation:

Solution

The first step is to take is preparing a journal entries to record the transactions of Marcelino Company during the month of April.

(a) JOURNAL ENTRIES OF MARCELINO COMPANY

Job 306 Job 307 Job 308 April Total

Balances on 31st

March

Direct materials 29000 35000 64000

Direct labor 20000 18000 38000

Applied overhead 10000 9000

(b)

Costs during April

Direct materials 135000 220000 100000 455000

Direct labor 85000 150000 105000 340000

Applied overhead 42500 75000 52500 170000

Cost of Manufacturing 32150 507000 257500 1086000

Status on April 30 Finished (sold)Finished (unsold)In process

April Profit Statement

Manufacturing Cost 1086000

Less Closing WIP job 306 257500

Less Finished goods 307 507000

ADD overhead under applied 5000

Cost Of Goods sold 326500

Sales Value 635000

Gross Profit 308500

OverheadActualy incured

Indirect material 50000

Indirect labor 23000

Factory rent 32000

Factory Utility 19000

Factory equipment 51000

OverheadActualy incured 175000

Overhead applied 170000

Overhead under applied 5000

We create another Journal for Marcelino Company

Journal Credit Debit

Material Control 500000

Account Payable 500000

Overhead control 175000

Overhead payable 175000

Wage Control 363000

Wage Payable 363000

Work in progress 455000

Material Control 455000

Work in progress 340000

Direct labor 38000

Work in progress 170000

Applied overhead 170000

Overhead under applied 5000

Cost of Goods sold 5000

Finished Goods 507000

Work in progress 507000

5 0

2 years ago

In some simple models of trade, a country may choose to specialize in the production of a single good. which is not an argument

LekaFEV [45]

An argument that is not against specializing in a single good in the real world is that specialization in a single good makes dumping easier and more effective.

If a country specializes in a single good, less waste will be produced and it can be dumped easily at one place and can be used or recycled more easily than to dump several different kinds of goods as they will need different technologies and to segregate them will be a hard job to do.

Countries improve their production of the commodity in which they specialize. There are many benefits to consumers if a country does so as specialization lowers the opportunity cost of production, increasing global production and lowering prices. These reduced pricing and increased supply benefit consumers.

To learn more about specialization in single good here

brainly.com/question/19018593

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7 0

2 years ago

Inventory by Three Methods The units of an item available for sale during the year were as follows: Jan.1 Inventory 26 units at

Mila [183]

Answer:

a. $26,400

b. $20,520

c. $24,140.64

Explanation:

a. The computation of inventory cost by the first-in, first-out method is shown below:-

Inventory cost under first-in, first-out method = Number of units × Unit cost of 3rd purchase

= 48 × $550

= $26,400

b. The computation of inventory cost by the last-in, first-out method is shown below:-

Inventory cost by Last in first out method = (Jan 1 units × Jan 1 Inventory per unit) + (Number of units - Jan 1 units) × Feb. 19 Inventory per unit

= (26 × $400) + (48 - 26) × $460

= $10,400 + $10,120

= $20,520

c. The computation of inventory cost by the average cost method is shown below:-

Average cost per unit = (26 × $400) + (57 × $460) + (62 × $540) + (60 × $550)

= $10,400 + $26,220 + $33,480 + $33,000

= $103,100

Per unit cost = Inventory cost ÷ Total number of units

= $103,100 ÷ (26 + 57 + 62 + 60)

= $103,100 ÷ 205

= $502.93

Inventory cost under average cost method = Per unit cost × Number of units

= 48 × $502.93

= $24,140.64

Therefore we have applied the formulas.

4 0

3 years ago

A group of people who holds a direct stake in the firm is known asa.primary social stakeholders.b.secondary social stakeholders.

cestrela7 [59]

Answer:

A. Primary Social Stakeholders

Explanation:

Primary social stakeholders are people directly benefiting from or affected by a particular business activity, which can be distribution of a product or a change to a service agreement, this people have a direct stake in the firm i.e. customers, employees, stockholders, creditors, suppliers, or anyone else with a financial interest in the product or situation of the firm.

7 0

3 years ago

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