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3 years ago

12

Record the consumption of supplies durning the month is supplies worth $4000 were purchased on January 5 and at the end of the m

onth supplies worth $3000 were in hand

1 answer:

Marat540 [252]3 years ago

4 0

Answer: that means you got 3/4 worth of supplies that were purchased.

Explanation:

So the way you did this problem is so weird and is not understandable

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Cochrane Associate's net sales last year were $525 million. If sales grow at 7.5% per year, how large (in millions) will they be

Serhud [2]

Answer:

The correct answer is C.

Explanation:

Giving the following information:

Cochrane Associate's net sales last year were $525 million. If sales grow at 7.5% per year, how large (in millions) will they be 8 years later?

We need to use the following formula:

FV= PV*(1+i)^n

FV= 525*(1+0.075)^8

FV= $936.33

3 0

3 years ago

What is the income threshold for self-employed workers to file a tax return.

Stolb23 [73]

Answer:

$400 or more

Explanation:

6 0

2 years ago

Amazon Company uses predetermined departmental overhead rates based on direct labor cost to apply manufacturing overhead to jobs

Rom4ik [11]

Answer:

a. $270,000

Explanation:

Department A:

Manufacturing overhead=200% of direct labor

80000 = 200% of direct labor

So, direct labor = 80000/200%=$40,000

Department B:

Manufacturing overhead=50% of direct labor

So, Manufacturing overhead = 50%*60000=$30,000

Total manufacturing cost = Material cost + Labor cost + Manufacturing overhead

- Material cost = 50000+10000=$60,000

- Direct labor cost = 40000+60000=$100,000

- Manufacturing overhead = 80000+30000=$110,000

Total manufacturing cost = $60,000 + $100,000 + $110,000

Total manufacturing cost = $270,000

4 0

3 years ago

Phoenix Company’s 2017 master budget included the following fixed budget report. It is based on an expected production and sales

djverab [1.8K]

Answer:

According to the flexible budget, income from operations will increase from $557,000 to $915,000 if the units sold increase from 15,000 to 18,000 during 2017.

Explanation:

sales revenue should increase to $4,050,000

cost of goods sold should increase to: ($2,237,000)

direct materials $1,260,000
direct labor $180,000
machinery repairs $54,000
depreciation (fixed) $315,000
utilities $228,000
management salaries $200,000

gross profit $1,813,000

S&A expenses increase to: ($898,000)

packaging $72,000
shipping $108,000
sales salaries (fixed) $260,000
advertising expense (fixed) $127,000
adm. salaries (fixed) $241,000
entertainment (fixed) $90,000

income from operations $915,000

4 0

3 years ago

The marketplace sets the price for wheat, so farmers who are trying to sell their wheat crops do not need a pricing strategy and

jek_recluse [69]

Answer:

The correct answer is option c.

Explanation:

The only kind of market structure where the price is set by market forces and not the firms is pure competition. The firms in other market structures such as oligopoly, monopoly and monopolistic competition are price setters.

The market for wheat is a pure competition as there is a large number of sellers who are producing identical products. The firms are price takers and the price is determined by market forces.

5 0

3 years ago