Answer:
Dr Compensation expense 29,000
Cr Paid-in capital - stock options 29,000
Explanation:
Compensation expenses can be defined as the expenses that include the costs of recruiting salaries, payroll taxes, benefits as well as bonuses because this expense is often an important aspect of a business, company's or organization operating costs which may tend to affects corporate profitability.
XYZ Co.
Dr Compensation expense 29,000
Cr Paid-in capital - stock options 29,000
(87,000 x $1)/3 = 29,000
d. by dividing the total estimated manufacturing overhead costs by the total estimated amount of the allocation base
Answer:
e
Explanation:
except e other departments are incurring costs but not generating revenue
Answer:
Production = 27600 units
Explanation:
The number of units that must be produced during the month should be enough to meet the selling requirement for the month plus the desired level of ending inventory. Any starting of beginning inventory at the start of the month will reduce the number of units to be produced. Thus, the formula to calculate production for the month is,
Sales = Opening inventory + Production - Closing Inventory
Total sales = 7000 + 8000 + 9000 = 24000
24000 = 18000 + Production - 21600
24000 + 21600 - 18000 = Production
Production = 27600 units
