Answer: $18,280
Explanation:
Ending inventory for fabricating department = Beginning Work in Process + Direct materials + Direct labor + Factory overhead - Inventory transferred out of department
= 11,600 + 77,600 + 25,600 + (80% * 25,600) - 117,000
= 11,600 + 77,600 + 25,600 + 20,480 - 117,000
= $18,280
Answer:
A. Represents stock ownership in another company and sometimes pays dividends.
Answer:
Explanation:
Under the 2002 law, states are required to test students in reading and math in grades 3–8 and once in high school. ... The major focus of No Child Left Behind is to close student achievement gaps by providing all children with a fair, equal, and significant opportunity to obtain a high-quality education.
o Child Left Behind gives states and school districts the flexibility to use funds where they are needed most. ... NCLB also mandates that all teachers should be licensed to teach, hold at least a bachelors degree, and be highly qualified in the subject they are teaching.
Answer:
Explanation:
Cash flow statement should include items that are either received or paid for in cash. In the given case, the following items have been incorrectly reported
Issuance of Note for Truck is a non-cash transaction as well as Purchase of Truck with a Note. There is no cash involved with either transaction. Depreciation is listed in the sources of cash however depreciation is a non-cash operating expense and should not be included. The organization of the statement of cash flows presented in the question is not correct as well. Once organized in the correct manner and adjusted for the depreciation correctly the result is net increase in cash at 119,000 not 109,000. This shows that the Cash flow from operating activities provides a net income of -33,000 which is a loss
Answer:
the answer is a
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