Answer: 30 units per hour
Explanation:
Given that,
Total number of product = 6,000 units
Yield = $5.00 per unit
Resources contributed to this output = 200 hours of labor at $15.00 per hour
Materials = $750
Overhead = $250
Labor productivity =
=
= 30 units per hour
Answer:
<u>TRIAL BALANCE:</u>
Debit Credit
Cash 79600
AR 7500
Supplies 400
slaries expense 3100
op- expense 16100
supplies expense 1600
dividends 2000
Account Payable 3000
saalaries expense 3100
Unearned Revenue 5100
Common Stock 60000
Service revenue 39100
110300 110300
Explanation:
We have to record eahc time an accoutn is used and once we got all transactions we determiante the balance
Cash
Debit Credit
60000
8200
28500
15100
2000
<u>96700 17100</u>
<em>79600</em>
AR
Debit Credit
36000
<u> 28500</u>
7500
Supplies
Debit Credit
2000
<u> 1600</u>
400
salaries expense op- expense supplies expense
Debit Credit Debit Credit Debit Credit
3100 16100 1600
Account Payable
Debit Credit
2000
16100
15100
<u>15100 18100 </u>
3000
Salaries Payable
Debit Credit
3100
Unearned Revenue
Debit Credit
8200
<u>3100 </u>
5100
Common Stock
Debit Credit
60000
Service revenue
Debit Credit
36000
<u> 3100 </u>
39100
Then we construct the trial balance which all these account balance.
Answer:
The Gramm-Bliley-Leach Act gives the Rosserdam Bank the liberty to perform those activities
Explanation:
The Financial Services Modernization Act of 1999 as Gramm-Bliley-Leach Act is popularly known, came into effect to override some sections of Glass–Steagall Act of 1933 which earlier prohibited insurance companies,commercial banks and investment banks from acting as one-stop shop for investment,insurance and commercial banking activities.
With new act taking its effect,a commercial bank customer does not have to go next door to get his or her investment and insurance needs satisfied as his or her commercial banker effectively serves as investment banker and insurance broker.
Answer:
Model 280 is $21000 cheaper.
Explanation:
Giving the following information:
CraftMaster Corporation purchased a machine 7 years ago for $339,000 when it launched product X05K. Unfortunately, this machine has broken down and cannot be repaired.
The machine could be replaced by a new model 360 machine costing $353,000 or by a new model 280 machine costing $332,000.
We don't have any information regarding variable costs, fixed costs, useful life, etc.
The only differential cost provided is the purchase price.
Differential cost= model 360 - model 280= 353000-332000= $21000
Model 280 is $21000 cheaper.