Answer:
$800
Explanation:
Since $50,800 are available for distribution, the payments will start with the trustee, the lawyers and the suppliers:
- trustee will receive $15,000
- lawyers will receive $10,000
- Dart will receive $20,000
- <u>Noll will receive $5,000 </u>
After the suppliers, lawyers and trustee are paid, only $800 are left and they will be given to Boyd. The creditors with unsecured claims will get $0.
Answer:
(A) 18,600 units
(B) 13,821 units
Explanation:
(A) The computation of the equivalent unit for material cost is shown below:
= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)
= (10,500 units × 100%) + (8,100 units × 100%)
= 10,500 units + 8,100 units
= 18,600 units
(B) The computation of the equivalent unit for conversion cost is shown below:
= (Completed and transferred units × completed percentage) + (ending work in progress units × completed percentage)
= (10,500 units × 100%) + (8,100 units × 41%)
= 10,500 units + 3,321 units
= 13,821 units
Answer:
Net dollar sales projection for this year = 516,971.00
Explanation:
<em>Projected sales volume </em>
130%× 4,600= 5,980units
<em>Project selling price</em>
=140% × $65
= $91
<em>Total sales value </em>
= $91 × 5980units
= $ 544,180.00
<em>Net dollar sales projection</em>
= Total sales value - Returned merchandise
= 544,180.00 - (5% × 544,180.00 )
= $ 516,971.00
Net dollar sales projection for this year = 516,971.00
The correct answer is True. When ownership of the items passes to the customer, revenue is realised. In addition to the requirements for determining when control transfers, a reporting entity must also satisfy certain additional requirements for a customer to have achieved control in a bill-and-hold arrangement.
A bill and hold sales arrangement allows for payment in advance of the item's delivery. This is a sales agreement when a product seller invoices a consumer up front but doesn't actually ship the thing until later.
In a bill and hold transaction, the vendor does not deliver the purchased goods to the customer, but the associated income is still recorded. Under this structure, revenue cannot be recognised until a number of severe requirements have been satisfied. The possibility of falsely recognising revenue too early exists otherwise.
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A minimum wage can purpose advantage and disadvantage price-push inflation.elevating wages reduces expensive employee turnover and will increase productivity.
Elevating the federal minimal wage to an hour is a coverage purpose for many lawmakers. growing the minimal salary is expected to lift people out of poverty and enhance work ethic, however, it also comes with many feasible negative implications, which include inflation and a loss of jobs.Elevating the federal minimal wage may even stimulate customer spending, help corporations' bottom lines, and grow the financial system it might additionally raise the overall financial system by using producing extended patron demand.
Elevating wages reduces expensive employee turnover and will increase productivity. while the minimal salary is going up, employers can obtain such benefits without being positioned at a competitive disadvantage, because all groups of their field are required to do the identical.
A minimum wage can purpose price-push inflation. this is because corporations face an growth in charges that are in all likelihood to be passed on to clients. that is even more likely if wage differentials are maintained.
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