Answer:
D. Digby will actually issue stock totaling $2,694,750.
Explanation:
Answer:
E. the monetary amount that her time would have been worth in its next best use.
Explanation: Opportunity cost is an economic term which signifies the monetary value of a missed opportunity due to an alternative decision taken. Opportunity costs is usually not accounted in the accounting records but it is very important for business owners to always out it in consideration when determining which choices to make between alternatives.
OPPORTUNITY COST IS VERY VITAL AS IT HELPS BUSINESS OWNERS TO MAKE LESS EXPENSIVE AND MORE BENEFICIAL DECISIONS IN THE DAILY OPERATIONS OF THEIR BUSINESS.
Answer:
$262,900
Explanation:
Net purchases = Purchases - Purchase return and allowances
Net purchases = 269500 - 14500
Net purchases = $255000
Cost of goods available for sale = Beginning Inventory + Net Purchases
Cost of goods available for sale = 45300 + 255000
Cost of goods available for sale = $300300
Cost of Goods sold = Cost of goods available for sale - Ending inventory
Cost of Goods sold = 300300 - 37400
Cost of Goods sold = $262,900
So, Coronado's cost of goods sold under a periodic inventory system is $262,900.
Answer:
See explanations below.
Explanation:
1. Yes. Overhead should be applied to job W at year-end. Overhead is applied to every jobs whether or not they are completed at year end.
b. To calculate the amount of overhead to be applied to job W, we need to calculate first the overhead application rate based on direct labor cost through job V.
Direct labor cost. $8,000
Overhead applied $6,000
Overhead rate = [ Overhead applied / Direct labor cost ] × 100
= [6,000/8,000] × 100
= 75%
Overhead to be applied to job W
Direct labor cost $4,000
Overhead rate 75%
Overhead to be applied = $3,000
It therefore means that $3,000 should be applied to job W.
2. Because job W was not completed at the year end, it would then be included in the work in process inventory in the financial statements of Sigma Corporation at year end.
Answer:
para po, pag gipit Tayo meron tayong makukuha na saving
Explanation:
sana po makatulong po Ito at pa ki brain less din po