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crimeas [40]
3 years ago
15

EB8.

Business
1 answer:
Mashutka [201]3 years ago
6 0

Answer:

                                        Total cost of each job                            

                                  Job 131       Job 132     Job 133

                                       $                   $               $

Direct material             3,485          39,853      2,301

Direct labour                2,353          34,245      2,037

Overhead applied        <u>4,706</u>          <u>74,098 </u>     <u>4,338</u>

Total cost of each job  <u>10,544</u>        <u> 148,196</u>     <u>8,676  </u>                                                                                                                                                            

Explanation:

The total cost of each job is the aggregate of direct material, direct labour and overhead applied. Since the company assigns overhead at twice the direct labour cost, it implies that the direct labour will be multiplied by 2 so as to obtain the overhead applied.

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44) Christopher, a department manager, is attending the monthly budget planning meeting where all the department managers report
andreev551 [17]

When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening.

<h3>What is active listening?</h3>

Active listening is a type of listening where the listener give rapt attention to the person <em>speaking</em> including the guestures.

The individual also ask questions to confirm all that his learning.

Therefore, When Christopher ask questions and nods his head after their responses. He is exhibiting the active style of listening

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5 0
2 years ago
On January 1, 2018, Red Flash Photography had the following balances: Cash, $21,000; Supplies, $8,900; Land, $69,000; Deferred R
Nutka1998 [239]

Answer:

See explanation

Explanation:

Red Flash Photography

Journal Entries

1. Debit     Cash                 $29,000

Credit       Common Stock               $29,000

(issuing common stock for cash that will increase the cash)

2. Debit    Cash                               $44,000

   Debit    Accounts Receivable    $39,000

 Credit           Service Revenue                   $83,000

(Provided services on account and cash)

3. Debit    Salaries expense            $32,000

Credit               Cash                                     $32,000

(Paid salaries to workers)

4. Debit    Prepaid Rent                   $21,000

Credit               Cash                                     $21,000

(Paid rent in advance for cash)

5. Debit    Supplies                          $31,000

Credit                  Accounts payable            $31,000

(Purchase supplies on account means liability will increase)

6. Debit    Dividends                        $2,900

Credit                   Cash                                 $2,900

(Paid cash dividends to the shareholders)

7 0
3 years ago
Which of the following statements abouot the declaration and payment of cash dividends is correct?
padilas [110]

Answer: C. Declaration and payment of cash dividends will reduce the amount of cash available to invest in assets.

Explanation:

When a company pays out Dividends it gives out money to it's shareholders and this has the effect of decreasing the cash balance that the company has.

This is cash that could have gone into investing and expanding the business but instead has gone to shareholders. Dividends therefore reduce the money available for investments.

It is for this reason that Growth Companies do not pay much dividends as they keep reinvesting profits to increase capacity and this usually adds value to the company and increases their stock price within a shorter period of time.

6 0
3 years ago
As production increases:
Margaret [11]

Answer:

Correct option is (D)

Explanation:

Total cost is a sum of Total fixed cost and total variable cost. Fixed cost does not change with the change in number of units produced. Variable cost on the other hand increases with the increase in production.

So, initially fixed cost is higher than variable cost at a certain production level. As production increases, fixed cost is spread across units and per unit fixed cost falls but variable cost keeps increasing, so total cost keep increasing with increase in production because of variable cost component.

7 0
3 years ago
The process of making decisions about goals and activities that an organization will pursue in the future is referred to as.
Anarel [89]

The process whereby a organization makes decisions about what they will do in the future is known as planning.

<h3>What is planning?</h3>

Planning simply means the process of thinking in order to achieve a desirable goal.

Planning is the process of making decisions about goals and activities that an organization will pursue in the future.

Organizations make plans in order to increase sales, revenue, etc.

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6 0
2 years ago
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