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3 years ago

1.

1 answer:

4 0

1. If Emir says he wants an office with windows and a nice view he is expressing his need for a comfortable job environment. The answer is "b. his job environment". 2. If Lei bikes to and from work every day in order to train for the Olympics her values and work ethic are what are important to her. The answer is "d. her values".

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Wade Company estimates that it will produce 6,000 units of product IOA during the current month. Budgeted variable manufacturing

Elodia [21]

Explanation:

STATIC BUDGET ACTUAL VARIANCE

Units 6000 6500

variable costs

Direct material 30000 27500 2500 favorable

Direct labor 66000 65000 1000 favorable

Manufacturing overhead 102000 110000 8000 Unfavorable

Fixed costs

Depreciation 7500 7500 None

supervision 3500 3700 200 Unfavorable

Total expenses 209000 213700 4700 unfavorable

8 0

2 years ago

Incomplete manufacturing costs, expenses, and selling data for two different cases are as follows.

qwelly [4]

Answer:

Cost of goods manufactured schedule for Case1

Opening Work In Process $1,000

Add Total Manufacturing Costs $16,000

Less Ending Work In Process ($3,000)

Cost of goods manufactured $14,000

Income statement for Case 1

Sales $24,500

Less Sales discounts ($2,500)

Net Sales Revenue $22,000

Less Cost of Goods Sold

Beginning Finished Goods Inventory $3,300

Add Cost of goods manufactured $14,000

Less Ending Finished Goods Inventory ($3,400) ($13,900)

Gross Profit $8,100

Less Operating expenses ($2,500)

Net Income $2,500

Current assets section :

Inventory :

Raw Materials $600

Work In Process $3,000

Finished Goods $3,400

Receivables (net) $15,000

Prepaid Expenses $400

Cash $4,000

Total Current Assets $26,400

Explanation:

Part b

Cost of Goods Manufactured = Opening Work In Process + Total Manufacturing Costs - Ending Work In Process

Part c

Income statement shows the Profit earned during the reporting period

Profit = Gross Profit - Operating expenses

Part d

The current assets section will include assets of a short term nature (not exceeding a period of 12 months). For a manufacturing company, it is important to show each inventory balance in the inventory categories of Raw Materials, Work In Process and Finished Goods among other items.

Note : Current Assets are shown in their order of liquidity in the Balance Sheet as above.

3 0

3 years ago

______ power results from one's specialized information.

Arisa [49]

The answer is C- Expert.

7 0

3 years ago

What is the present value of 10 equal payments of $16,500 to be made at the end of each year for the next 10 years?

fiasKO [112]

Answer:

$101,385

Explanation:

The question is incomplete. The complete question can be found here- https://www.chegg.com/homework-help/questions-and-answers/present-value-10-equal-payments-16-500-made-end-year-next-10-years-annual-interest-rate-10-q41891258

Here is the complete question - What is the present value of 10 equal payments of $16,500 to be made at the end of each year for the next 10 years? The annual interest rate is 10%. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided. Round your answer to the nearest whole dollar.

The present value of cash flow can be found by discounting the present value of the cash flow by 10%

This can be found using a financial calculator:

Cash flow for year 1 - 10 = $16,500

I =10%

Present value = $101,385

I hope my answer helps you

6 0

2 years ago

Match each scenario with the correct term. IPO, stock, mutual fund and NASDAQ. These are the scenarios:

earnstyle [38]

a small piece of ownership in a company - stock

a company’s initial offering of stock - IPO

a portfolio of stocks and bonds - mutual funds

a public stock exchange - NASDAQ

5 0

2 years ago

Read 2 more answers