Answer:
If Silver uses the accrual method, $195,000 in 2018 and $0 in 2019.
Explanation:
Given that,
Salaries paid during the year 2018 = $175,000
Salaries earned by the employees at the end of the year = $20,000
If the Silver, Inc. uses the accrual method,
Deduction for salary expense in 2018:
= Salaries paid during the year 2018 + Salaries earned by the employees at the end of the year
= $175,000 + $20,000
= $195,000
Deduction for salary expense in 2019 = $0
Answer:
Corporate citizenship should:
- Obey relevant rules and regulations.
- Concerned with how well a firm contributes to the betterment of the community (Eg philantrophy)
- Contribute to or, at least not detract from, the life of local communities through its operations
.
- Held to certain economic virtues, that are necessary for the free market to run efficiently (Eg honest advertising)
- Concerned with how well a firm involves itself in the political process.
Answer:
Risk: Too many workers wanting more money
Outcome: Less workers, anger, satisfaction in business growth
C: Yes, Damage on revenue side, too much work for happy workers, need to pay more money to workers
D: Give offer and more benefit to workers, pay them occasional breaks
Explanation:
Answer:
Job W= $2,706
Explanation:
<u>First, we need to calculate the predetermined overhead rate based on allocated overhead to Job V:</u>
Job V:
Direct labor= $9,500
Allocated overhead= $6,270
Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base
6,270= Estimated manufacturing overhead rate*9,500
6,270/9,500= Estimated manufacturing overhead rate
Estimated manufacturing overhead rate= $0.66 per direct labor dollar.
<u>Now, for Job W:</u>
<u />
Job W= 0.66*4,100
Job W= $2,706