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ehidna [41]
3 years ago
5

Sound Company reported the following amounts for May, 2008: Direct materials purchased $254,000 Beginning raw materials inventor

y $12,000 Ending raw materials inventory $7,900 Direct labor incurred $51,000 Actual manufacturing overhead costs $36,800 Beginning work-in-process inventory $15,100 Ending work-in-process inventory $12,000 How much is the cost of direct materials used in production?
Business
1 answer:
Yakvenalex [24]3 years ago
6 0

Answer:

$254,100

Explanation:

The computation of the  cost of direct materials used in production is shown below:

=  Direct materials purchased + Beginning raw materials inventory  - Ending raw materials inventory - Indirect materials requisitioned and used

= $254,000 + $12,000 - $7,900 - $4,000

= $254,100

Hence, all the other information is not considered. Therefore, ignored it

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Gault Corporation had the following shares of stock outstanding on December 31, 2018:
Andreas93 [3]

Answer:

The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.

Explanation:

Cumulative preferred stock has the dominant right over common stocks in term of receiving cash dividend.

The dividend paid to preferred stock per year is: 100 x 20,000 x 8% = $160,000 and the company owed investor 03 years of dividend ( 2016,2017,2018) with the dividend payable amounted to 160,000 x 3 = $480,000.

The dividend paid to common stock is the left over, after paying to preferred stock holders, which is calculated as $800,000 - $480,000 = $320,000.

So, The total amounts payable to preferred stockholders and common stockholders, respectively, are: $480,000 and $320,000.

5 0
3 years ago
What are forms of office correspondences?​
BlackZzzverrR [31]

Answer:

Explanation:

Correspondence simply means letters sent or received. Another word for “Correspondence” is “Mail”. In our offices and Businesses, We receive letters, parcels, telegrams, internal memos, fax, e-mail, text messages or SMS (Short Message Service) and other documents which we all know as mail or correspondence.

CORRESPONDENCE RECORDS

Correspondence records are those documents used to keep track of correspondences in an organization. They show evidence of important transactions, letters, reasons for writing and those involved, dates, addresses, e-mails and other important messages.

TYPES OF CORRESPONDENCE

There are three main types of correspondence, they are:

In-coming mails

Out-going mails

Postage book.

1. In-Coming Mails: These are letters that comes into an organization. In-coming correspondence will reach the records offices in a number of different ways. Some will come through the regular post office or other courier services, like, DHL,UPS etc. Other in-coming mails could come via e-mail, or with the growth in technology, through text messaging:- Short Message Service (SMS) or Multimedia Messaging Services (MMS).

Examples of In-Coming Mails are: Letters

Parcels

Computer printouts e.g. e-mail or other data

Telegrams

Internal memos

Text messages

METHODS OF MAIL DELIVERY

Mails or letters can be delivered either by post or by hand to the recipients in two ways:

a. Delivery by Post: People pay for a private mail box or bag in the post office where their mails are deposited safely and locked till the owner comes (to the post office) with the keys to pick up mails. The post man also delivers received mails to the appropriate addresses with authority from the post office management.

b. Delivery by Hand: The mails that can be delivered by hand include letters, circulars, memos, handbills, notices of different sizes etc. The mails must be handled with care, so that the recipient will receive it without complaint and in time too. All mails are sorted out first in the mail room before being distributed to the appropriate persons or organization(S).

2. Out-Going Mails: These are mails that are going out of or from the organization. The secretary or clerk in the office handles such mails with care and treats them with the urgency required. In smaller organizations, the receptionist can also see to it that such mails are handled appropriately and accountability and reference.

Examples of out-going mails are letters, parcels, computer printouts like e-mail, SMS, memos, telegrams, and other related mails.

3. Postage Book: This is a book which records accurate and full details of mails and other documents that need postage. The book contains the exact amounts of postage stamps used on the mails, date and address.

USES OF CORRESPONDENCE RECORDS

They are used:

1. For evidence of receiving and attending to mails.

2. To shoe the correct date a mail was received.

3. To record information about the content(s) of mails.

4. To show how the issue in context was handled by the organization. Tells whether an answer has been given or not.

5. To show exactly what agreement was made and the date of the decision.

6. It confirms delivery of mails.

7. It shows the origin of the mail and who or unit it was addressed to.

CLASSIFICATION OF CORRESPONDENCE RECORDS

Inward Book or Inward Register

Outward Book or Outward Register

Dispatch Book

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2 years ago
Who most likely actually pays the tax on rental property?
LiRa [457]

landlord jk

Explanation:

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At any mcdonals they hire peas
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3 years ago
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Some politicians claim to support the environment in speeches they make around the country. However, to get to those speeches th
FrozenT [24]

Answer: Improvement to the environment brought about through the politicians' public support of environmental regulations more than offset the damages done to the environment by the politicians' private plane.

Explanation:

The above answer accept the fact that the politicians' affect the environment negatively by their planes but this has been erased by their more positive contribution to the economy through environmental regulations.

The fact that politicians' hide the facts that they travel by private plane in their speeches or that the people are not convinced of their speeches as regards the environment or the majority of people believe that they make society problem worse non of these debunks the claim that the politicians' do not believe what they say but are only making the environment worse by flying in private plane that pollutes the environment.

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3 years ago
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