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3 years ago

On April 1, Sharon Lee established Lee's Travel Agency. The following transactions were completed during the month.

Business

1 answer:

Bas_tet [7]3 years ago

7 0

Answer:

Explanation:

Had to use excel for this solution in order to make everything so clear and explanatory. check the picture attached below.

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Cushing Manufacturing assigns overhead based on machine hours. The MillingDepartment logs 1,800 machine hours and Cutting Depart

morpeh [17]

Answer:

Explanation:

The journal entry is shown below:

Milling work in progress A/c Dr $9,000

Cutting work in progress A/c Dr $15,000

To Manufacturing overhead A/c $24,000

(Being overhead allocation is recorded)

The milling work in progress is computed by

= Milling department machine-hours × $ overhead rate

= 1,800 machine hours × $5

= $9,000

And, The cutting work in progress is computed by

= Cutting department machine-hours × $ overhead rate

= 3,000 machine hours × $5

= $15,000

5 0

2 years ago

Why does the government plan its financial expenditure framework for a period of five years?

drek231 [11]

This is to ensure that they complete the project within the appointed period of time as well as within the budget given to them. It also shows how effective the government is in implementing their projects. If they don’t do so within the period and the budget then people will question their efficiency in completing their assignments and project within the period prescribed.

7 0

3 years ago

Sid has decided to leave his $70,000-a-year landscape design job and open a new kayak business. His insurance cost is expected t

madreJ [45]

Answer:

The correct answer is $15,500.

Explanation:

According to the scenario, the computation of the given data are as follows:

Revenue = $100,000

Insurance cost = $2,000

Design job leave = $70,000

Rent = $10,000

Annual depreciation = 10% × $25,000 = $2,500

So, we can calculate the economic profit by using following formula:

Economic Profit = Total Revenue - (Explicit cost + Implicit costs)

By putting the value, we get

= $100,000-($70,000 + $2,000 + $10,000 + $2,500)

= $15,500

7 0

3 years ago

The degree to which team members interact with and rely on other team members for the information, materials, and resources need

Mariulka [41]

Answer:

task interdependence is the correct answer.

Explanation:

The degree to which team members interact with and rely on other team members for the information, materials, and resources needed to accomplish work for the team is known as task interdependence.

The goal of task interdependence is to alleviate the problems that arise when various assignments overlap and become the potential for disagreement.

Task interdependence within the team is an extent where the team members should communicate with each other to achieve their responsibilities and tasks.

Knowledge of task interdependence benefits company owners grasps how various branches and team members depend on the performance of each other.

5 0

3 years ago

Discuss ONE of the components of job analysis.

levacccp [35]

Answer:

having fun

Explanation:

thank you have fun I'm stuck on the same one

3 0

2 years ago