Answer:
Ending retained earning will be $433750
Explanation:
We have given beginning balance = $430000
Net income = $60000
Dividend paid = $56250
We have to find the ending balance
We know that ending retained earning is given by
Ending retained earning = beginning retained earning + net income - dividend paid
So Ending retained earning = $430000+$60000-$56250 = $433750
Answer:
Who want to rent a boat? 8 person
Explanation:
Carry 1500 pounds
Carry 200 pouns
Average 150 pound /person
Additional10 pounds/person
1500-200=150x
+10x
1300=160x
x=1300÷160
x=8,12
8 person Aditional Gear
150 10
8 8
1200 80 200 1480
Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.
.
<h3>What is the student union?</h3>
The student union is known to be a body that is composed of student of any university, polytechnic or college institution.
It is known to be a body that is autonomous and one whose internal life set up its own by-laws.
Note that the student unions are often allocated funds by the university or polytechnic and as such they have to use the audit service because some of their leaders may squander the money given to them., So this will help to checkmate them.
Hence, Audit services is one that is needed in Auchi polytechnic student union government to know if the student body use the money allocated to them in the right manner or for the right project.
Learn more about student union government from
brainly.com/question/14856644
#SPJ1
Answer:
The Journal entry at the beginning of the year is as follows:
Estimated revenue A/c Dr. $1,342,500
Estimated other financing sources-Bonds proceeds A/c Dr. $595,000
To Appropriations control $960,000
To Appropriations-Other financing uses-operating transfer outs $532,500
To Budgetary fund Bal. $445,000
(To record entry at the beginning of the year)
Answer:
PEZ Candy Inc.
1. PEZ Candy Inc. would be more likely to use process costing for the manufacture of its PEZ candies.
The reason is that the manufacturing of candies involves continuous processing of materials that results into candies. The processes are not customizable for separate orders.
2. PEZ Candy Inc. would incur these types of costs in the manufacture of its PEZ candies:
a. Direct material = sugar
b. Direct labor = wages of factory workers
c. Manufacturing overhead = utilities expenses
i. indirect materials = cleaning supplies
ii. indirect labor = factory supervisor's salary
iii. other manufacturing overhead = depreciation expense of factory equipment
3. PEZ Candy Inc. would be more likely to use job costing to calculate the cost of one particular birthday party hosted at the PEZ Visitor Center. The reason is that it is a specific event. It does not involve a continuous process.
Explanation:
a) Data and Calculations:
Materials for PEZ candy include:
Direct materials:
Sugar (95%)
Fruit flavoring
Coloring
Corn syrup
Product = PEZ candies
Services: customized birthday parties
