Answer: b. Open Item
Explanation:
The statement that Heather wants to help a client send out is to include unpaid invoices, unapplied payments, and Credit Memos which are essentially signs that the creditor has not been paid.
An open item statement would therefore work best because it is to include open accounts that are yet to be paid so will include all those entries described above.
Answer:
A.20per ton
B.141,600
C.389,400
Explanation:
A.
($856,800+$97,200-$108,000+$216,000)/53,100 tons
=$1,062,000/53,100
= 20per ton
(b)
Resources removed totaled 26,550 tons
Less company sold 19,470 tons.
Balance 7,080 tons
Hence
Inventory 20*7,080
=141,600
(c)
20* 19,470 tons
=389,400
Answer:
$83,000
Explanation:
The computation of the actual manufacturing overhead cost is shown below:
= Indirect labor + depreciation on plant + machinery repair + plant supplies + plant utilities
= $11,000 + $48,000 + $11,000 + $6,000 + $7,000
= $83,000
Only these five items would be considered as a actual manufacturing cost. The rest of the items would be ignored
Answer:
d.) I and II
Explanation:
The first proposition can be regarded as proposition that gives a clam that capital structure of a company has no impact on the value. The value of a company is been known as present value of future cash flows when it's calculated, then it cannot be affected by capital structure. It should be noted that MM Proposition I with corporate taxes states that capital structure can affect firm value by an amount that is equal to the present value of the interest tax shield.
Answer:
The quadrilateral is drawn above
