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Gala2k [10]
3 years ago
12

Blackberry syrup can be sold for $2.90 per​ unit, or it can be processed further into a specialty blackberry juice and then sold

for $5.40 per unit. If blackberry syrup is processed further into the specialty blackberry​ juice, what would be the overall effect on operating​ income?
Business
1 answer:
Maksim231197 [3]3 years ago
4 0

Answer:

The operating income would increase by $2.54 for each unit sold

Explanation:

If the blackberry syrup is further processed into the specialty blackberry juice, an extra income of $2.54 ($5.40 - $2.90 = $2.54) would be made on each unit sold

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The purpose of a W–4 form is to _____.
nata0808 [166]

The purpose of a W-4 form is to submit information to your employer to let them know how much to take out of your paycheck for taxes.



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3 years ago
Arundel Company uses aging to estimate uncollectibles. At the end of the fiscal year, December 31, 2018, Accounts Receivable has
Ipatiy [6.2K]

Answer:

After the adjusting entry is made, Allowance for Doubtful Accounts balance is a credit balance of $22,290

Explanation:

Arundel Company uses aging to estimate uncollectibles.

Estimated uncollectibles = $250,000 x ( 1 - 99.5%) + $70,000 x (1 - 91%) + $30,000 x (1 - 73%) + $8,000 x (1 - 17%) = $1250 + $6,300 + $8,100 + $6,640 = $22,290

The current unadjusted Allowance for Uncollectible Accounts balance is a debit balance of $2,000.

Bad debt Expense = $22,290 + $2,000 = $24,290

The adjusting entry:

Debit Bad debt Expense $24,290

Credit Allowance for Doubtful Accounts $24,290

After the adjusting entry is made, Allowance for Doubtful Accounts balance is a credit balance of $22,290

4 0
3 years ago
Lightning Electronics is a midsize manufacturer of lithium batteries. The company’s payroll records for the November 1–14 pay pe
Alexeev081 [22]

Answer:

Journal entries for the following will be shown below:

Explanation:

1.

Journal entries for the wages expense is as follows:

Wages expense A/c.........................Dr     $50,000

        Income Tax Payable A/c................Cr   $7,000

        FICA taxes payable A/c...................Cr   $2,625

        Cash A/c...............................................Cr   $40,375

Working Note:

Cash = Wage expense - Income tax payable - FICA taxes payable

= $50,000 - $7,000 - $2,625

= $40,375

2.

Journal entry for the payroll expenses is as follows:

Payroll tax expense A/c............................Dr    $2,875

       FICA taxes payable A/c............................Cr   $2,625

       Unemployment taxes payable A/c.........Cr   $250

4 0
3 years ago
Fill in the blank: Using a(n) _____ keeps a record of any inconsistencies from the initial requirements of a project.
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An issue log is simply known as a type of documentation element of software project management Using an issue log keeps a record of any inconsistencies from the initial requirements of a project.

  • The issue log is known to have a list of ongoing and closed issues concerning project.

This type of logs can be seen as a way to track errors in any project.

It consist of name of the person who solve the problem, the date or time of the issue, the issue's priority and status and the date or time that the problem was resolved.

An issue log is also regarded as a simple list or spreadsheet that managers use to monitor the issues that arise in a project.

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5 0
3 years ago
As you grow older, which of these might make you change your personal finance decisions more?
algol [13]

Answer:

1

Explanation:

As you grow older, and with the possibility of having children and a significant other, you're going to have to dedicate more of your financial budget into your families needs.

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3 years ago
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