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3 years ago

Assume the following adjustment data.

Business

1 answer:

Lunna [17]3 years ago

8 0

Answer:

Adjusting Entries

Date Accounts titles and Explanation Debit Credit

1. Supplies expense $500

Supplies expense $500

2. Insurance expense $300

Prepaid Insurance $300

3. Depreciation expense $ 70

Accumulated depreciation $70

- equipment

4. Unearned service revenue $500

Service revenue $500

5. Accounts receivable $200

Service revenue $200

6. Interest expense $90

Interest payable $90

7. Salaries and wages expense $1,700

Salaries and wages payable $1,700

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Swiss Furniture Company manufactures bookshelves and uses an activityminusbased costing system. The following information is pro

telo118 [61]

Answer:

$12.40

Explanation:

Activity Estimated Indirect Allocation Base Estimated Q. of

Activity Costs Allocation Base

Materials handling $7,700 Number of parts 7,350 parts

Assembling $10,500 Number of parts 7,350 parts

Packaging $2,410 Number of units 1,470 bookshelves

The direct materials cost per bookshelf is $39. What is the cost of materials handling and assembling per bookshelf?

materials handling cost per part = $7,700 / 7,350 parts = $1.05

assembling cost per part = $10,500 / 7,350 parts = $1.43

total cost per part = $2.48

cost per bookshelf = 5 x $2.48 = $12.40

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3 years ago

Weiss Lenscorp, a maker of camera lenses, provides a 3-year warranty against defects on all of its products. In fulfilling its w

GuDViN [60]

Answer:

warranty liablity account ending balance: 3,510,000

Explanation:

In total, we expect a warranty expense for 6% for each sale distributed among three years.

For the 32,000,000 million sales for 2019 we expect:

32,000,000 x 6% = 1,920,000 warranty expense.

warranty liaiblity

debit credit

beginning 3,370,000

expenditures 1,780,000

warranty expense 1,920,000

balance 3,510,000

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3 years ago

Produced by paul, the ____________ album was recorded between 2/77 and 1/78 in both the uk and off the virgin islands during six

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London town

Explanation:

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4 years ago

Marginal cost is calculated for a particular increase in output by A. multiplying the total cost by the change in output. B. div

Alina [70]

Answer:

B) dividing the change in total cost by the change in output

Explanation:

Marginal cost(MC) is the cost incurred as a result of producing additional units of goods and services. It is calculated by dividing a change in total cost by a change in output.

That is,

Marginal cost(MC)= change in total cost(TC)/ change in output

Total cost(TC): This is the addition of fixed and variable cost in production.

Total cost(TC)= fixed cost (FC)+variable cost (VC)

Fixed cost (FC) are cost that doesn't change during the production process such as buildings, machineries and furniture.

Variable cost (VC) are cost that changes or are used up during production process such as raw materials.

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4 years ago

Read 2 more answers

PLEASAE HELP ME YOU GUYS!!!!!!!!!!!!!!! 40 POINTS IF YOU ANWSER ALL!!!!

Natasha_Volkova [10]

Answer:

1. threats to the company

2. is product

3.true

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3 years ago