2 forests and their resources what are the costs and benefits of deforestation?

The Polaris Company uses a job-order costing system. The following transactions occurred in October: Raw materials purchased on

Naddika [18.5K]

Answer:

The question is incomplete. Missing Portion is written as bold in explanation.

Explanation:

Required:

1. Prepare journal entries to record the transactions given above.

2. Prepare T-accounts for Manufacturing Overhead and Work in Process. Post the relevant transactions from above to each account. Compute the ending balance in each account, assuming that Work in Process has a beginning balance of $37,000.

Account Dr Cr

1.Raw materials 209000

Account payable-Liability 209000

The Materials are purchased in credit.

2. Work In Process 152000

Manufacturing Overhead 38000

Raw materials 190000

Entry for Materials used in Production.

3. Work In Process 48000

Manufacturing Overhead 22000

Salaries payable 70000

4.Manufacturing Overhead 104000

Depreciation 104000

5. Manufacturing Overhead 131000

Account payable 131000

6.Work In Process 686700 ( 9 x 76300= 686700)

Manufacturing Overhead 686700

7.Finished Goods 512000

Work In Process 512000

8.Cost of goods sold 449000

Finished Goods 449000

Accounts Receivable 547780

Sales Revenue 547780

**Sales - Cost of job * 1.22 (22 % above cost)

2. T-accounts for Manufacturing Overhead and Work in Process.

Manufacturing overhead

Dr Cr

22000 686700

38000

104000

Ending balance 391700 - Favorable

Work In process

Dr Cr

beginning bal. 37000

152000

48000 512000

Ending balance 411700

6 0

4 years ago

The centralized computer technology department of Hardy Company has expenses of $320,000. The department has provided a total of

eduard

Answer:

$480,000 and $125,000

Explanation:

The computation of the divisional income from Retail division and Commercial division is shown below:

Hardy Corporation

Divisional Income from operations

Particulars Retail Division Commercial Division

Sales $2,150,000 $1,200,000

Less: Cost of goods sold $1,300,000 $800,000

Gross profit $850,000 $400,000

Less:-Selling expenses $150,000 $175,000

Other expenses $220,000 $100,000

($320,000 × 2750 hours ÷ 4,000 hours) (320000 × 1,250 hours ÷ 4000 hours)

Income from operations $480,000 $125,000

We simply deduct the all expenses from the sales so that the divisional income from operations could come

3 0

3 years ago

3. Enzo is starting his very first job soon. The HR director tells Enzo that the first week will be his

ZanzabumX [31]

The most likely event to happen during the first day of the onboarding process is that new employees will begin to align with company mission, teams, and culture from the moment they enter their new office.

Three important questions to Enzo should ask on his first week of onboarding are

Do I see yourself working here long term?
Is there any training I feel like you need?
Does my manager and coworkers communicate well with me?

<h3>What is Employee Onboarding</h3>

Employee Onboarding is used to describe the processes in which new hires are integrated into the organization.

This processes involves activities that allow new employees to complete an initial new-hire orientation process, as well as learn about the organization and its structure, culture, vision, mission and values.

Usually, this onboarding process begins from the first day a new employee resumes in an organization

Learn more about Employee onboarding at brainly.com/question/13913379

#SPJ1

7 0

2 years ago

Which of the following options is a better purchase for a bicycle?

Bess [88]

Answer:

Option 3: $12 down with equal payments of $5 for 12 months

Explanation:

In option 1 :

The cost is $ 88,

In option 2 :

Down payment = $ 5,

Weekly payment = $ 8,

Number of weeks = 10,

So, the total cost = 5 + 8 × 10 = 5 + 80 = $ 85,

In option 3 :

Down payment = $ 12,

Monthly payment = $ 5,

Number of months = 12,

So, the total cost = 12 + 5 × 12 = 12 + 60 = $ 72,

In option 4 :

Down payment = $ 20,

Monthly payment = $ 20,

Number of months = 12,

So, the total cost = 12 + 20 × 12 = 12 + 240= $ 252

∵ 72 < 85 < 88 < 252

Hence, option 3 is better.

6 0

4 years ago

Upon beginning her career at Davidson Inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organizati

Advocard [28]

clarify positions and reporting relationships within the firm will be Upon beginning her career at Davidson Inc., a small consulting firm, Stephanie Benjamin receives a copy of the firm's organization chart.

What is a consulting firm?

A consulting firm is an organisation made up of specialists in a certain area who provide firms with problems they can't handle internally with expert advice, direction, and workable solutions. Every business will inevitably run into issues, and consulting firms are hired to help.

Executives typically contact consulting companies to send consultants—industry experts who are sent to watch and assess a company's operations. Consultants provide direction and practical answers to whatever issues the organisation may be facing. Companies use consulting firms to provide their knowledge on issues that cannot be resolved internally. These firms typically have specialised areas of emphasis.

Learn more about Consultants here:

brainly.com/question/15076880

#SPJ4

8 0

2 years ago