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Elodia [21]
3 years ago
13

maintenance and operations are part of which career cluster 1Engineering 2,architecture,3architecture and construction 4,enginee

ring,technology,science and math
Business
1 answer:
SOVA2 [1]3 years ago
5 0

Maintenance and operations are part of which career cluster: 2. Engineering

Although there are maintenance and operations in most career clusters, out of the choices listed the best answer is engineering. Many operations and maintence repairs are figured out by engineers because they have gone to school and have learned how to built these types of items. Operations and maintenance is needed in building refiners, power plants and repairing equipment.

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In December, Davis Company had the following cost flows: Molding Department Grinding Department Finishing Department Direct mate
slava [35]

Answer:

Required 1 ; Journals

Work In Process : Grinding Department $ 128,000 (debit)

Work In Process : Molding Department $ 128,000  (credit)

<em>Being transfer of costs from Molding to Grinding Department</em>

<em />

Work In Process : Molding Department $ 128,000  (debit)

Work In Process : Grinding Department $ 128,000 (credit)

<em>Being transfer of costs from Grinding to Molding Department</em>

<em />

Finished Goods Account $40,000 (debit)

Work In Process : Finishing Department $40,000 (credit)

<em>Being transfer of costs from Finishing department to finished goods account</em>

Required 2 : Difference

<u>Job Order Costing </u>

Each production is unique and there may be no transfers to and from other departments. The is no inventory from previous processes as this is unique to the job order.

<u>Process Costing (Currently in use)</u>

There are transfers from and to other departments. Production is in sequence. For each departments we may also have inventories

Explanation:

<u>Finishing Department Costs Calculation</u>

Direct materials           $17,200

Direct labor                  $11,600

Applied overhead        $11,200

Total                            $40,000

Difference :

You should be able to see that the Journal entries above depicts a process costing system. Now provide reasons why this system differs from the job-order cost system. See the reasons above.

<em />

8 0
3 years ago
Chicago Company reported the following information at the end of the current year
Nookie1986 [14]

Answer:

37,000 common stock outstanding

preferred stock dividends = $82,000 x 10% = $8,200

Case A The preferred stock is noncumulative, the total amount of dividends is $32.000

  • dividends distributed to preferred stockholders = $8,200
  • dividends distributed to common stockholders = $32,000 - $8,200 = $23,800

since the preferred stocks are non-cumulative, if dividends are not paid during a certain they are "lost" and will not be recovered.

Case B The preferred stock is cumulative, the total amount of dividends is $24,600

  • dividends distributed to preferred stockholders = $8,200 x 3 = $24,600
  • dividends distributed to common stockholders = $0

Case C The pretend stock is cumulative, the total amount of all dividends is $90,200

  • dividends distributed to preferred stockholders = $8,200 x 3 = $24,600
  • dividends distributed to common stockholders = $90,200 - $24,600 = $65,600

5 0
3 years ago
A department has budgeted monthly manufacturing overhead cost of $510000 plus $3 per direct labor hour. If a flexible budget rep
strojnjashka [21]

Answer:

Direct labor hour will be 158000

Explanation:

We have given manufacturing overhead cost = $510000

An total budgeted manufacturing cost = $984000

So balance variable cost = $984000 - $51000 = $474000

It is given that $3 per direct labor hour

We have to fond the number of labor hours

So number of direct labor hours will be =\frac{474000}{3}=158000

So dire t labor hour will be 158000

3 0
3 years ago
The board of directors of Nash's Trading Post, LLC declared a cash dividend of $1.00 per share on 30000 shares of common stock o
Novay_Z [31]

Answer: debit to Dividends Payable.

Explanation:

When the dividend was declared in July 15, the dividend amount was debited to the Retained earnings to show that it was being taken from Retained earnings. It was then credited to Dividends payable to show that the company owed dividends to its shareholders.

On August 15, this liability will be paid off when the dividends are paid and so the Dividends Payable account will be debited to reflect this.

3 0
3 years ago
A house has a total cost new of $212,340. It is 12 years old and has an estimated remaining economic life of 38 years. The cost
BaLLatris [955]

Answer:

$ 46,000

Explanation:

hope it helps!

.....

7 0
3 years ago
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