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34kurt
3 years ago
6

Crackling Fried Chicken bought equipment on January 2, 2016, for $21,000. The equipment was expected to remain in service for fo

ur years and to perform 3,600 fry jobs. At the end of the equipment's useful life, Crackling estimates that its residual value will be $3,000. The equipment performed 360 jobs the first year, 1,080 the second year, 1,440 the third year and 720 the fourth year.1. Prepare a schedule of depreciation expense, accumulated depreciation and book value per year for the equipment under the three depreciation methods. Show your computations. Note: Three depreciation scehduled must be prepared.

Business
1 answer:
rjkz [21]3 years ago
5 0

Answer:

Please see attachment

Explanation:

Please see attachment

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Marv Company's direct labor costs for manufacturing its only product were as follows for October: Standard direct labor hours pe
Sonbull [250]

Answer:

$30,000 unfavorable.

Explanation:

Calculation for what The direct labor efficiency variance for October was

Using this formula

Direct labor efficiency variance = (Standard hours for actual production - Actual hours) × Standard rate per hour

Let plug in the formula

Direct labor efficiency variance=(5,000 × 2 - $207,000 ÷ $18.00) × $20

Direct labor efficiency variance= (10000 - $11,500) × $20

Direct labor efficiency variance= $1,500 × $20

Direct labor efficiency variance= $30,000 unfavorable

Therefore The direct labor efficiency variance for October was $30,000 unfavorable

3 0
3 years ago
Products are invented and revised by which department? marketing production research and development finance 2. what is the indu
Vanyuwa [196]

1. The answer is <u>"research and development".</u>


Research and development alludes to innovative exercises embraced by organizations or governments in growing new administrations or items, or enhancing existing administrations or products. Research and improvement constitutes the primary phase of advancement of a potential new administration or the creation procedure.  

Research and development are exceptionally hard to oversee, since the characterizing highlight of research is that the analysts don't know ahead of time precisely how to achieve the coveted outcome.  


2. The answer is <u>"capstone courier".</u>


Client buys and sensor organization money related outcomes are accounted for in an industry pamphlet called the Capstone Courier.  

Successful organizations will think about the Courier to comprehend the commercial center and discover openings. As the reenactment advances and systems are executed, organization results will start to shift.  


3. The answer is <u>"wage increases".</u>


Production department refers to a department that is straightforwardly associated with assembling items. Illustrations are the machining, completing, and collecting offices.  

Production is the useful territory in charge of transforming contributions to completed yields through a progression of generation forms. The Production Manager is in charge of ensuring that crude materials are given and made into completed merchandise successfully. He or she should ensure that work is completed easily, and must manage methods for making work more productive and more charming.  


4. The answer is <u>"Borrowing Long-term debt , Borrowing Short-term debt and Issuing Stock".</u>


Short-term debt alludes to any money related commitment that is either due inside a year time frame or due inside the current monetary year. The estimation of the transient obligation account is imperative while deciding an organization's execution.  

Notwithstanding any short-term debts due inside a year, there might be a segment of long-term debt that is likewise incorporated into this record. This part relates to installments that must be made on any long-term debt throughout the year.


5. The answer is <u>"marketing department".</u>


The Marketing Department assumes a fundamental part in advancing the business and mission of an organization.A advertising division advances your business and drives offers of its items or administrations. It gives the important research to recognize your objective clients and different groups of onlookers. Contingent upon the organization's various leveled association, a promoting executive, director or VP of advertising may be in charge.  

6. The answer is<u> "true".</u>


A proforma is being characterized as a standard record or proclamation in respects with back that could be alluded to as a technique utilized in methods for ascertaining the money related outcomes that are given.  

Proforma financial statements are utilized for a full scope of budgetary examination and ought to be made toward the start of each money related arranging cycle or at whatever point an association is thinking about a stage that could have a huge monetary effect.

8 0
3 years ago
Wendell Company provided the following pertaining to its recent year of operation:
myrzilka [38]

Answer:

Option (B) is correct.

Explanation:

Wendell's total stockholders' equity increase during the recent year of operation:

= Issued common stock - Cash dividend declared + Net Income - Stock dividend distributed + Sale of treasury stock below cost

= $50,000 - $20,000 + $70,000 - $23,000 + $7,000

= $84,000

Therefore, Wendell's total stockholders' equity increase by $84,000.

3 0
3 years ago
When used in return on investment (ROI) calculations, turnover equals sales divided by average operating assets.
zhenek [66]
True

Return to investment: margin+turnover
Margin-net operating income/ sales
Turnover-sales/average operating assets.
8 0
3 years ago
True or False: In business messages, the quantity of words enhances the quality of the message. True False
galina1969 [7]

Answer:

The statement is: False.

Explanation:

Many people have the wrong idea that writing long paragraphs is better to provide a more professional look to a study or report. However, in business especially, the optimal rule to follow is to be short and concise. Managers need information that will help them make decisions. Thus, the data provided must give clear conclusions from where the decisions can be taken. Wordy reports seem unuseful for that purpose.

5 0
3 years ago
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