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stiks02 [169]
4 years ago
6

Concord Corporation applies overhead to production at a predetermined rate of 80% based on direct labor cost. Job No. 130, the o

nly job still in process at the end of August, has been charged with manufacturing overhead of $7000. What was the amount of direct materials charged to Job 130 assuming the balance in Work in Process inventory is 25000?
Business
1 answer:
sashaice [31]4 years ago
4 0

Answer:

the amount of direct materials charged to Job 130 is $9,250.

Explanation:

Calculation of direct materials charged to Job 130

Work In Process Inventory             $25,000

<em>Less</em> Manufacturing Overhead       ($7,000)

<em>Less</em> Labor ($7,000 × 100 /80)        ($8,750)

Direct materials charged                  $9,250

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Answer:

Shawna needs to consult with a financial advisor to make sure she has not missed any details.

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3 years ago
Monique really wants a new car, especially now that she admires a coworker's new vehicle every day. What need seems to be motiva
zhenek [66]

Answer: Personal need for status and respect

Explanation:

It is known that people care about the way that other members of their work groups, society etc view them. In this they care about their social worth or social reputation. Monique had a need for a new car, but seeing her coworker with one already made her review her self-worth and spurred the desire to want to attain the status of owning a car even more. Although the degree of concern about one’s social status varies across people, contexts, and time, these concerns are rarely dormant and easily stirred as it has in Monique. Social worth is among peoples’ most critical and pervasive considerations at work, as well as in most social settings. While respect reflects the worth and value accorded to people, status is conceptualized as the respect and admiration that an individual possesses in the eyes of others,. It is also a yardstick of the social worth that others confer on an individual.

4 0
3 years ago
Read 2 more answers
The employee retirement income security act (erisa) is intended to protect only disabled workers who are still too young to reti
Anit [1.1K]

The statement is "false".

The Employee Retirement Income Security Act secures the retirement resources of Americans by executing rules that qualified plans must take after to guarantee design trustees don't abuse plan resources. Under ERISA, plans must provide members with data about arrangement highlights and financing, and outfit data routinely and for nothing out of pocket.

 ERISA additionally sets least benchmarks for interest, vesting, advantage collection and subsidizing. The law characterizes to what extent a man might be required to work before getting to be plainly qualified to take an interest in an arrangement, to collect advantages and to have a non-forfeitable appropriate to those advantages. It additionally sets up point by point subsidizing decides that require design patrons to give sufficient financing to the arrangement.

4 0
3 years ago
Divine Apparel has 3,900 shares of common stock outstanding. On October 1, the company declares a $0.50 per share dividend to st
Afina-wow [57]

Answer:

1. October 1

Dividends (Cr)      1950

Dividend Payable (Dt)        1950

2. October 15

No journal entry required

3. Record the payment of cash dividends

Dividend Payable (Cr)  1950

Cash  (Dt)   1950

Explanation:

(<em>3,900 shares of common stock outstanding</em>) *(<em>declared  $0.50 per share dividend</em>) = 1950

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3 years ago
In the fourth stage of rational decision making, managers will _____. evaluate the alternatives and select a solution implement
Ludmilka [50]

Answer:

The correct answer is: implement and evaluate the chosen solution.

Explanation:

Companies generally use different strategies to make decisions to obtain the best benefits. For example, companies often use the rational decision-making process to focus on analysis and logic, leaving subjectivity aside.

Through this method, different steps of the decision-making method are followed to achieve the objectives proposed objectively.

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<em>I hope this information can help you.</em>

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