Whats a marketing plan

Cayuga Hardwoods produces handcrafted jewelry boxes. A standard-size box requires 8 board feet of hardwood in the finished produ

cupoosta [38]

Answer:

$44 per case.

Explanation:

If A standard-size box requires 8 board feet of hardwood in the finished product. In addition, 2 board feet of scrap lumber are normally left from the production of one box. Hardwood costs $4.00 per board foot, plus $1.50 in transportation charges per board foot.

Then, To calculate the standard cost of direct materials for the jewelry box, we multiply the direct materials standard price of $4.00 (plus the transportation costs of 1.50 per board foot) by the direct materials standard quantity of 8 feet (8 board feet of hardwood in the finished product) per unit.

The result is a standard direct materials cost of $44 per case.

8 0

3 years ago

Lexington Company engaged in the following transactions during Year 1, its first year in operation: (Assume all transactions are

ella [17]

Answer:

($1,575)

Explanation:

The computation of net cash flow from financing activities is shown below:-

Lexington Company

Net cash flow from financing activities

Particulars Amount

Cash received from common stock $650

Less:Cash paid for repayment of loan ($1,405)

Less: Cash paid for dividend ($820)

Net cashflow from financing activities ($1,575)

So, to reach the net cashflow from financing activities we simply added the cash received from common stock and deduct the cash paid for repayment of loan and cash paid for dividend.

3 0

3 years ago

Preparing the statement of cash flows Polk Street Homes had the following cash transactions for the month ended July 31, 2018.Ca

MrRissso [65]

Answer:

Explanation:

The preparation of the Cash Flows from three Activities - Direct Method is shown below:

Cash flow from Operating activities

Cash receipts:

Collections from customers $25,000

Less: Cash payments:

Rent -$500

Utilities -$2,000

Salaries -$1,500

Net Cash flow from Operating activities $21,000

Cash flow from Investing activities

Purchase of equipment -$25,000

Net Cash flow from Investing activities -$25,000

Cash flow from Financing activities

Issued common stock $13,000

Less: Payment of cash dividends -$4,000

Net Cash flow from Financing activities $9,000

Net Cash flow from Operating activities $21,000

Net Cash flow from Investing activities -$25,000

Net Cash flow from Financing activities $9,000

Net increase (decrease) in cash for the year is $5,000

Add: Cash balance, July 1, 2018 $14,000

Cash balance, July 31, 2018 $19,000

6 0

3 years ago

10 points for my barbs

MariettaO [177]

Answer:

thank youu queennnnn <3

8 0

2 years ago

Blanton Corporation purchased 35% of the outstanding shares of common stock of Worton Corporation as a long-term investment. Sub

lilavasa [31]

Answer:

(A) debit Cash; credit Dividend Revenue

Explanation:

As Blanton Corporation has 35% investment in Worton Corporation, the dividend received from Worton Corporation will be recorded as Dividend Income / revenue. Cash received in the form of dividend will be debited to the cash account. Dividend is the income on the investment so it will not effect the original investment balance.

7 0

3 years ago