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3 years ago

5

kayak company uses a job order costing system & allocation on the basis of direct labor costs. kayak company's production co

sts for the year were: direct labor, $30,000; direct materials, $50,000; & factory overhead applied $6,000. the overhead applciation rate

1 answer:

sergejj [24]3 years ago

8 0

Answer:

Explanation:thethethethect

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What is the management information system that manipulates information to create business intelligence in support of strategic d

12345 [234]

When information is manipulated to create business intelligence, this is called Online Analytical Processing (OLAP).

<h3>What is OLAP?</h3>

Allows for one to make strategic decisions based on various information concerning the business.

This allowance is made because the information involved in manipulated to give out different variables that can show a company which decisions to make.

In conclusion, this is Online Analytical Processing.

Find out more on management information system at brainly.com/question/14569080.

6 0

2 years ago

Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 20,000 shares authorized, 9,00

hichkok12 [17]

Answer:

O Debit Retained Earnings $4,000; credit Common Dividends Payable $4,000.

Explanation:

Dividend declared = $0.5 per share

Total Authorized shares = 20,000 shares

Total Issued Shares = 9,000 shares

Total Outstanding shares = 8,000 shares

As outstanding shares are only eligible shares for the dividend payment.

Total Dividend Payment = $0.5 per share x 8000 shares

Total Dividend Payment = $4000

Journal Entry for this event

Dr. Cr.

Retained Earning $4,000

Common Dividend Payable $4,000

8 0

3 years ago

Brief Exercise 13-14 Coronado Corporation sells DVD players. The corporation also offers its customers a 4-year warranty contrac

Iteru [2.4K]

Answer:

(a)Sale contracts

Dr Cash $2,100,000

Cr Unearned warranty revenue $2,100,000

b)Cost of servicing warranty

Dr Warranty expense $189,0000

Cr Inventory $189,000

(c)Recognized warranty revenue

Unearned warranty revenue $525,000

Explanation:

(a)Sale contracts

Dr Cash ($20,000 x105) $2,100,000

Cr Unearned warranty revenue $2,100,000

b)Cost of servicing warranty

Dr Warranty expense $189,0000

Cr Inventory $189,000

(c)Recognized warranty revenue

Unearned warranty revenue $525,000

($2,100,000 ×1/4)

7 0

3 years ago

Eisler Corporation issued 2,000 $1,000 bonds at 101. Each bond was issued with one detachable stock warrant. After issuance, the

ivann1987 [24]

Answer:

The journal entry is as follows:

Cash A/c Dr. $2,020,000

Discount on bonds payable A/c Dr. $59,216

To Bonds payable $2,000,000

To Paid in capital - stock warrants $79,216

(To record the issuance of the bonds and warrants)

Workings:

Cash:

= 2,000 × $1,000 × 101%

= $2,020,000

Discount on bonds payable:

= 2,000,000 - 2,020,000 × (980 ÷ 1,020)

= $59,216

3 0

3 years ago

Paragon Company

lesantik [10]

Answer:

Step 1: Identify and define the problem

Explanation

This is the first goal to achieve for the company in order to select an alternative upon a rational decision-making process.

5 0

4 years ago