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Studentka2010 [4]
3 years ago
8

Hector Company gathered the following reconciling information in preparing its March bank reconciliation: Cash balance per books

, 3/31 $12,000 Notes receivable collected by bank 6,000 Outstanding checks 9,000 Deposits in transit 4,500 Bank service charge 75 NSF check 1,200 Using the above information, determine the adjusted cash balance for March.
Business
1 answer:
malfutka [58]3 years ago
8 0

Answer:

adjusted cash balance  = $16725

Explanation:

given data

Cash balance per books = $12000

Notes receivable = 6,000

Outstanding checks = 9,000

Deposits in transit =  4,500

Bank service charge =  75

NSF check =  1,200

to find out

determine the adjusted cash balance

solution

we get here adjusted cash balance will be as

adjusted cash balance = Cash balance per books + Notes receivable - Bank service charge - NSF check   ...............1

put here value

adjusted cash balance = $12000 + $6000 - $75 - $1200

adjusted cash balance  = $16725

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The total product cost per unit under absorption costing is: $75.

In absorption costing, the cost of every unit produced is worked out by adding up the direct cost of materials, direct labor, variable overhead, and the fixed overhead. Unlike in the case of marginal costing where the fixed cost is treated as period cost, in absorption costing, fixed cost is treated as a product cost.

The cost per unit

                                         $

Direct material                  28

Direct labor                       24

Variable overhead            10

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Cost of Inventory

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Value = 1000 * $75 = $75,000

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1 year ago
Gertie sees an ad for Ultra Tide and thinks, "Ultra Tide looks like a really good product—I think I’ll try it." This is an examp
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Answer:

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Support argument is a process in which a person backs up his research or findings to prove it correct. The purpose of support argument is to sustain a product by an argument or a statement . Gertie has made a statement that she will try Ultra Tide. She has made this statement to support the ad of Ultra Tide. This is an example of support argument.

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3 years ago
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The costs of bringing a corporation into existence, including legal fees and promoter fees, are called:
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Answer:

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A corporation can be defined as a corporate organization that has facilities and owns or controls assets used for the production of goods and services in at least one country other than its headquarter (home office) located in its home country.

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Some examples of multinational firms are Ap-ple, Volkswagen, G-oogle, Shoprite, Nestlé, Accenture, Shell BP, Chevron etc.

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3 years ago
Cáchs tính giá nhập kho trong nguyên lí kê stoans
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Answer:  truy cập vào link sau

-https://youtu.be/rvei2IHOju0

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Explanation:

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3 years ago
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Answer:

b. False

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