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STALIN [3.7K]
3 years ago
8

Inventories do not include $15,000 of merchandise that was in transit on December 31, which was sold to a customer with terms f.

o.b. destination. The inventory reached the customer on January 5, 2020 Inventories also do not include $20,000 inventory that was received by Royale Ltd. for consignment. Explain whether the 2 inventory items mentioned should be included or excluded from Cameron Corp.’s inventory and why?
Business
2 answers:
7nadin3 [17]3 years ago
6 0

Answer:

They both have to be included in the inventory

nataly862011 [7]3 years ago
4 0
They both have included in the story
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Parker Corporation has a job-order costing system and uses a predetermined overhead rate based on direct labor-hours to apply ma
AnnyKZ [126]

Answer:

Unitary cost= $62.5

Explanation:

Giving the following information:

Predetermined overhead rate based on direct labor-hours to apply manufacturing overhead to jobs. At the beginning of the year, manufacturing overhead and direct labor-hours for the year were estimated at $50,000 and 20,000 hours.

Materials costs on the job totaled $4,000 and labor costs totaled $1,500 at $5 per hour.

First, we need to determine the allocated MOH:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 50000/20000= $2.5 per direct labor hour

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base= 2.5* (1500/5)= $750

Total cost= 4000 + 1500 + 750= $6,250

Unitary cost= 6250/100= $62.5

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3 years ago
This problem has been solved!See the answerMidland Oil has $1,000 par value bonds outstanding at 13 percent interest. The bonds
aev [14]

Answer:

si

Explanation:

5 0
3 years ago
Vaughn Manufacturing's allowance for uncollectible accounts was $190000 at the end of 2020 and $178000 at the end of 2019. For t
Colt1911 [192]

Answer: $19000

Explanation:

From the question, we are informed that Vaughn Manufacturing's allowance for uncollectible accounts was $190000 at the end of 2020 and $178000 at the end of 2019 and that for the year ended December 31, 2020, Vaughn reported bad debt expense of $31000 in its income statement.

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= $31000 - ($190000 - $178000)

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8 0
4 years ago
1. "The biggest thing when we talk about personal branding is that it’s a _________" a. Hard thing b. Waiting game c. Process d.
notsponge [240]

Answer:

1- c. Process.

2- d. Consistency.

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This is a process that demands consistency of actions and posture, since the process of consolidating a personal brand is a continuous process that requires a lot of research, knowledge and analysis of trends and market, advertising, presence in the media most used by the public, demonstration of seriousness, quality, benefits, quick response to problems, and several other factors that gradually contribute so that through a consistent process the brand has value and is consolidated in the market.

8 0
3 years ago
When putting together your personal budget, you find that your budget has a deficit. Which is the BEST way to balance your budge
ki77a [65]

Answer:

The correct answer is letter "C": Cut your expenses by an amount greater than your deficit.

Explanation:

In case there is a deficit in your budget, it means your expenses are higher than your net income. An adjustment must be made in such circumstances. To bring back the balance in your budget, <em>you should cut your expenses by an amount higher than the amount of the deficit</em>. Otherwise, you could increase your income but keeping your expenses at the same level.

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