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Fofino [41]
2 years ago
7

1. The following costs were incurred in September:

Business
1 answer:
Nata [24]2 years ago
3 0

Answer:

1) conversion costs = direct labor + manufacturing costs = $29,700 + $21,200 = $50,900

2) prime costs = direct labor + direct materials = $29,700 + $46,600 = $69,900

3) direct labor = 45% of conversion costs

conversion costs = direct labor + manufacturing overhead

manufacturing overhead = 55% of conversion costs

conversion costs = $80,300 / 55% = $146,000

direct labor = $146,000 - $80,300 = $65,700

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TopChop sells hairstyling franchises. TopChop receives $56,000 from a new franchisee for providing initial training, equipment a
valentina_108 [34]

Answer:

$73,500  is the revenue TopChop will recognize for the arrangement with Carlos.

Explanation:

Revenue is calculated as follows.

= amount received + Use of name

= $56,000 + $35,000 × (1÷2)

= $73,500

New franchise fee can be immediately recognised as income.

5 0
3 years ago
An accounting entry that is characterized by having multiple debits​ and/or multiple credits is called a​ ________ entry. A. com
mario62 [17]

Answer:

A. compound journal entry

Explanation:

Compound journal entry -

It refers to the type of accounting entry , which consists of more than one debit or credit , is referred to as compound journal entry .

It is the combination of various simple journal entries together to form a compound journal entry .

Hence , from the given information of the question,

The correct option is A. compound journal entry .

8 0
2 years ago
Electricity use in a small town is high as people get ready to leave for work and after they arrive home at the end of the day.
LiRa [457]

Answer:

The correct answer is letter "C": Increase the price of electricity during peak times.

Explanation:

The best form to regulate the use of electricity during peak hours would imply increasing the price of the power service. This will cause people to use the utility moderately to avoid increasing their expenses. By demand law, <em>as long as the price increases, the quantity demanded tends to fall.</em>

8 0
3 years ago
Greg purchased stock in Bear Stearns and Co. at a price of $88 per share one year ago. The
VashaNatasha [74]

Answer:

A) -87.50%

Explanation:

The computation of the return on the investment is shown below:

= (Acquired price by JB Morgon - purchase price per share) ÷ (purchase price per share)

= ($11 per share - $88 per share) ÷ (88 per share)

= - ($77 per share) ÷ (88 per share)

= -87.50%

We simply take the difference of the price and then divide it with the purchase price per share so that the correct percentage can come.

7 0
3 years ago
If your boss asked you how investing more resources in forecasting and planning could help the organization compete better, what
zavuch27 [327]

I would tell my boss that investing in more resources in forecasting and planning could help the organization because forecasting the number, types, and quality of employees needed to execute the business strategy is critical for effective staffing.

<h3>What is staffing.?</h3>

Staffing is the ongoing process of locating, selecting, evaluating, and developing a working relationship with current or prospective employees. The primary goal of staffing is to find suitable candidates for the various roles within the company.

Click here to learn more about staffing agencies. What we do at Morales Group is an example of staffing: temporary, temp-to-hire, direct hire, seasonal, bilingual, workforce development, and so on. Attracting and screening potential candidates are two examples of recruitment methods.

Staffing is the process of hiring qualified candidates for specific positions within an organization or company. Staffing is defined in management as the process of recruiting employees by evaluating their skills and knowledge and then assigning them to specific job roles.

To know more about staffing follow the link:

brainly.com/question/25811105

#SPJ4

3 0
1 year ago
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