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maxonik [38]
3 years ago
9

Delgato Corporation, a manufacturing company, has provided data concerning its operations for September. The beginning balance i

n the raw materials account was $55,000 and the ending balance was $47,000. Raw materials purchases during the month totaled $93,000. Manufacturing overhead cost incurred during the month was $120,000, of which $3,000 consisted of raw materials classified as indirect materials. The direct materials cost for November was:
Business
1 answer:
Strike441 [17]3 years ago
3 0

Answer:

$101,000

Provided

Opening Material = $55,000

Add: Raw Material Purchases = $93,000

Less: Closing Material = ($47,000)

Net Direct Material Cost = $101,000

Note: This further cost provided of Manufacturing overheads is not to be considered as this is not material cost, and cost of overheads.

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Wiskurv Inc. is a large electronics supplier that does not rely exclusively on traditional financial measures for organizational
natta225 [31]

Answer: Balanced structure

Explanation:

A balanced structure is basically refers to the balanced sentence where the sentences are made up of equally in the term of length and also properly structure grammatically then the sentence is known as balanced structure.  

According to the given scenario, the Wiskurv Inc. is one of the large electronic organization and this company most likely using the valanced structure for the financial and the operational measuring factors.

Therefore, Balanced structure is the correct answer.

4 0
3 years ago
Assume that we have the following data:
tankabanditka [31]

Answer:

Answer explained below

Explanation:

(1)

IS Model:

Y = C + I + G + X - M

Y = 100 + 0.5Y + 100 - 20r [G = X = M = 0]

(1 - 0.5)Y = 200 - 20r

0.5Y = 200 - 20r

Y = 400 - 40r ......(1) [IS Equation]

LM Model:

Money demand (Speculative + Transactions demand) = Money supply

100 - 10r + 0.1Y = 80

0.1Y = 10r - 20

Y = 100r - 200 .....(2) [LM Equation]

(2) When IS & LM intersect, from part (1):

400 - 40r = 100r - 200

140r = 600

r = 4.29

Y = 100r - 200 = (100 x 4.29) - 200 = 429 - 200 = 229

(3)

There will be four regions as explained below:

In region I, there is excess supply in both goods and money market, which puts downward pressure on both interest rate and output.

In region II, there is excess demand in goods market, but excess supply in money market, which puts upward pressure on output & downward pressure on interest rate.

In region III, there is excess demand in both goods and money market, which puts upward pressure on both interest rate and output.

In region IV, there is excess supply in goods market, but excess demand in money market, which puts downward pressure on output & upward pressure on interest rate.

7 0
3 years ago
During January, Luxury Cruise Lines incurs employee salaries of $2.4 million. Withholdings in January are $183,600 for the emplo
garri49 [273]

Answer and Explanation:

The journal entry to record the  employee salary expense, withholdings, and salaries payable is shown below:

Salaries expense Dr $2,400,000

     To Income tax payable  ($360,000 + $150,000) $510,000

     To FICA tax payable $183,600

     To Account payable $24,000

     To Salaries payable $1,682,400

(being employee salary expense, withholdings, and salaries payable is recorded)

Here the expenses are debited and payable are credited as it increased the expenses and liabilities

6 0
3 years ago
Margaret, a consumer in a DTPA lawsuit, was able to prove that the licensee in her suit knowingly failed to disclose information
Naddik [55]

Answer and explanation:

The Deceptive Trade Practices Act (DTPA) of 1973 protects consumers from misleading information provided during the sale of a good or service. If a defendant is found liable in a DTPA lawsuit, the plaintiff is entitled to <em>monetary damages for the recovery of economic damages, anguish damages, discretionary damages, </em>and <em>attorney's fees</em>.

7 0
3 years ago
Iliana’s gross pay is $2,130 per month. Her deductions total $270. She budgets for $1,000 in fixed expenses and $400 in variable
nexus9112 [7]
Lliana saved $460, her gross of which is $2,130 minus her total deductions which is $270. Her fixed expenses which $1,000 we know that it is liability like payment to the bills, the $400 variables expenses can be her food and transportation or other expense that she might need to spend. In calculation, the equation is $2,130 - $270 - $1,000 - $400 = $460
7 0
3 years ago
Read 2 more answers
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