Answer:
Check the explanation
Explanation:
The amount of interest<u><em> (Which is calculated as a fraction or percentage of a loan (or savings) balance that is being paid to the borrower on a periodic basis for the privilege of making use of their money. The sum is typically quoted as an annual rate, but the interest can be calculated for some periods that are longer or shorter than one year.)</em></u> that will be attributed to Jerry for the year 2011 which is supposed to point toward his profit distribution for the year can be seen I the attached image below.
Answer:
Overhead= $3,212
Explanation:
Giving the following information:
Sigma Corporation applies overhead costs to jobs based on direct labor cost.
Job W, which is still in process at year-end, shows charges of $2,700 for direct materials and $4,400 for direct labor.
Job V:
$6,300 for direct materials.
$8,500 for direct labor.
$6,205 for overhead on its job cost sheet.
First, we need to calculate the overhead rate.
Overhead rate= 6205/8500= $0.73 per direct labor dollar
Job W:
Direct labor= 4,400
Overhead= 4,400*0.73= $3,212
Answer:
The total amount of cash expected to be received from customers in September is: B. $ 108,000
Explanation:
The total amount of cash expected to be received from customers in September include the following :
- <em>Cash Sales in the month of September - 25 %</em>
- <em>Cash Receipts from Accounts for August Sales - 75 %</em>
<u>The Calculation of cash expected to be received from customers in September is as follows :</u>
Cash Sales - September = 120,000 × 25% = 30,000
Credit Sales - August = 104,000 × 75% = 78,000
Total = 108,000
Answer:
The equivalent units for conversion cost are 28080.
Explanation:
Firstly, we need to find our how much units are being sold
Units Sold= physical units - ending units
Units sold= 31500 - 11400 = 20100
Then we need to add units sold with percentage completion of ending units in order to find out equivalent units for conversion cost
Formula:
Equivalent units for conv. cost= units sold + (%completion of ending units)
Equivalent units for conv. cost= 20100 + ( 70% ×11400)
Equivalent units for conv. cost= 20100 + 7980
Equivalent units for conv. cost= 28080
Answer: Straight Rebuy
Explanation: There are 3 major types of buying situations
1. New Task
2. Modify Rebuy
3. Straight Rebuy
Straight rebuy is a buying situation in which the buyer routinely reorders something without any modifications.
