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3 years ago

At what month should an infant be able to sit steadily for five minutes?

1 answer:

5 0

At seven to eight month old, will the infant start and to be able to sit steadily as he or she is able to support his or herself in sitting up straight but he or she couldn’t walk as his or her bones in his or her lower body is not as strong enough for he or she to stand up.

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.Grannis Corporation purchased land in order to construct a new factory . Expenditures incurred by the company were as follows:

katovenus [111]

Answer:

The amount recorded in the Land account is $61,200

Explanation:

The cost of acquisition/purchase of a landed asset includes all the normal, reasonable and necessary costs incurred in obtaining the land and getting it ready for use. These cost includes the price of the land, the legal fees, title fees, taxes, excavation costs etc. On the other hand, cost of improvements on the land are recorded on improvement on asset accounts, where depreciation is put in consideration when computing cost. This is separate from acquisition cost because, there is no depreciation on a land. The cost is calculated as follows:

purchase price = $ 45,000

broker's fees = $ 8,000

accrued taxes = $ 2,000

demolition = $ 2,700

grading = $ 1,500

excavation = $ 2,000

Total = $ 61,200

6 0

3 years ago

Chino Company reported net income of $23,000 for the current year. During the year, Inventory decreased by $7,500, Accounts Paya

ikadub [295]

Answer: A). $25,750.

Explanation:

Cash from operating activities refers to cash from the business operations of the company.

Formula is:

= Net Income + Depreciation + Decrease in inventory - Accounts payable decrease - Accounts receivable increase

= 23,000 + 10,500 + 7,500 - 8,250 - 7,000

= $25,750

7 0

3 years ago

Read 2 more answers

Adam Holmes is the Processing Manager of Empire Mortgage Company, a firm that processes loan applications for a number of region

Elina [12.6K]

Answer:

a. Labor variances for 14 PT staff:

Labor rate variance = (Standard Rate – Actual Rate) x (Actual time per app) * (number of apps. completed)

= ($50 - $52) x 1.40 x 2,604

= $7291.20 (Unfavorable)

Labor Efficiency variance = [(Standard hours per app. X number of app.) - (Actual time per App. * number of apps.)] * Std. rate

= [(1.20 * 2,604) - (1.40 * 2,604)] * $50

= [3,124.80 - 3,645.60] * $50

= $26,040 (Unfavorable)

Labor Cost variance = Labor rate variance + Labor efficiency variance

= $7,291.20 (Unfavorable) + $ 26,040 (Unfavorable)

= $33,331.20 (Unfavorable)

Labor variances for 10 SD staff:

Labor rate variance = (Standard Rate – Actual Rate) x (Actual time per app) * (number of apps. completed)

= ($45 - $47) * 1.20 * 1,600

= $3840 (Unfavorable)

Labor Efficiency variance = [(Standard hours per app. X number of app.) - (Actual time per App. * number of apps.)] * Std. rate

= (1.40*1,600) – (1.20*1,600)]*$45

= [2,240 – 1,920] * $45

= $14,400 (Favorable)

Labor Cost variance = Labor rate variance + Labor efficiency variance

= $3,840 (Unfavorable) + $ 14,400 (Favorable)

= $10,560 (Favorable)

5 0

3 years ago

The time value of money refers to the fact that a dollar received today is worth less than a dollar promised at some time in the

NikAS [45]

Answer:

false money and time are worth different amounts. our time on earth is more valuable then money itself.

8 0

3 years ago

Which of the following accounts would not appear on a schedule of cost of goods manufactured?

kotykmax [81]

The following accounts would appear on a schedule of cost of goods manufactured- Depreciation of factory equipment

Explanation:

The cost of goods manufactured (COGM) schedule is used to calculate the cost of all the items produced during a given reporting period.

The cost of good manufactured schedule gives companies an idea about their production cost(i.e whether it is too high or low) in relation to the sales they are making

The formula to calculate the COGM is:

Add: Direct Materials Used

Add: Direct Labor Used

Add: Manufacturing Overhead

Add: Beginning Work in Process (WIP) Inventory

Deduct: Ending Work in Process (WIP) Inventory

= COGM

7 0

3 years ago