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AveGali [126]
3 years ago
8

The following information is available at the end of May:Balance in work in process on May 1 $57,600Direct material costs for Ma

y $89,200Overhead applied at rate of 120% of direct labor dollars %76,500Jobs completed during May and transferred to finished goods inventory was $242,420. Compute the balance in the work in process inventory control account on May 31
Business
1 answer:
Vsevolod [243]3 years ago
5 0

Answer:

Work in process account= $76,680

Explanation:

Giving the following information:

Balance in work in process on May 1 $57,600

Direct material costs for May $89,200

Overhead applied at a rate of 120% of direct labor dollars

Direct labor= $76,500

Jobs completed during May and transferred to finished goods inventory was $242,420

Work in process account= Beginning work in process+direct materials + direct labor + manufacturing overhead - Jobs completed during May

Work in process account=57600 + 89200 + 76500 + (76500*1.20)- 242420

Work in process account= $76,680

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According to the United Nations' Human Development Index, many countries with very high development are located in _____.
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The answer is Europe and Australia.
 
According to the United Nations' Human development Index, many countries with very high development are located in Europe and Australia. As defined in Wikipedia, Human development index is a composite statistic of life expectancy, education and income per capita indicators, which are used to rank countries into four tiers of human development. 
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Why is accelerated depreciation often favored for the corporation's set of tax books? It increases net accounting profits over t
Usimov [2.4K]

Answer:

It allows the depreciation tax savings to be realized earlier

Explanation:

Because the time value of money, it is better to realize the tax saving earlier than later. The accelerated depreciation generates a higher depreication expense on the first periods. Because the first periods are the more fragile of the business, this tax shield becomes substancially more useful than the tax shield on the later periods.

It is important to notice that the total depreciation expense will be the same regardless of the depreciation method. It is only the time at which this expenses are distrubtes what changes.

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4 years ago
Total quality management firms believe that it is the responsibility of ____ employees to serve the needs of customers.
andriy [413]

Answer:

The answer is ALL

Explanation:

8 0
2 years ago
Jessica is a U.S. Army Reservist and in 2019 traveled 130 miles each way to serve duty at a local military installation. She was
faust18 [17]

Answer:

Jessica's for AGI deduction for these costs is:

b. $14.00.

Explanation:

The aggregate gross income (AGI) can be defined as the total amount of income that an individual earns and is used in calculating the amount of income tax that an individual is liable to pay. The AGI can be expressed as follows;

AGI=T×N×W

where;

AGI=aggregate gross income

T=toll amount per way

N=number of times she reported

W=number of way

In our case;

AGI=unknown, to be determined

T=$1.75

N=4

W=2

Replacing;

AGI=(1.75×4×2)=$14.00

Jessica's for AGI deduction for these costs is:

b. $14.00.

4 0
3 years ago
A telephone company offers two services: landlines and Internet. There are two types of customer demographics for these services
vodka [1.7K]

Answer:

individually $40 dollars for each services. getting profit for $2,000

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The company can't combine the services to an offer below $60 as it would produce losses.

At $60 dollars only person how value landlines that much will be willing to pay for them thus, we can directly charge $70 for both to take as much as we can bnut that will lead to $1000 of profit only (100 person * (0 revenue - 60 cost)

As the combination offer prove wrongly, we should price separately. Thus, $40 each

that leave us with 200 customer (100 internet 100 landlines) from which profit are, $10 for a total of $2,000

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3 years ago
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