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serg [7]
4 years ago
8

The following information is available from the records of Diamond Cut, Inc.: Direct Materials-Assembly Department $10,000 Direc

t Materials-Finishing Department 15,000 Direct Labor-Assembly Department 11,000 Direct Labor-Finishing Department 20,000 Applied Overhead-Assembly Department 11,000 Applied Overhead-Finishing Department 20,000 Actual Overhead-Assembly Department 12,500 Actual Overhead-Finishing Department 17,500 What are the "total costs to account for" in the Assembly Department?
Business
1 answer:
luda_lava [24]4 years ago
8 0

Answer:

$32,000

Explanation:

Direct materials, $10,000

Direct labor, $11,000

applied overhead, $11,000

Total of: $32,000

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Presented below is the partial bond discount amortization schedule for Cullumber Corp. Cullumber uses the effective-interest met
Kazeer [188]

Answer:

Journal entry is given below

Explanation:

To record the payment of interest and the discount amortization at the end of period 1 we should debit the Interest expense and credit cash and discount

DATA

Interest expense in year 1 = $38,936

Interest to be paid = $36,450

Discount amortization = $2,486

Entry                                         DEBIT              CREDIT

Bond interest expense       $38,936

Cash                                                                  $36,450    

Discount on bonds                                           $2,486

4 0
3 years ago
c. Unions in developed nations often oppose imports from low-wage countries and advocate trade barriers to protect jobs from wha
liubo4ka [24]

Answer:

The correct answer is II. This argument is in the best interests of the people they represent.

Explanation:

Trade unions in developed countries tend to support trade restrictions, because products made in countries with lower wages are generally cheaper than those made in those developed countries. For example, a pan loaf that costs about 3 dollars in the United States, can cost about 0.75 dollars in Mexico. Therefore, import value, including tariffs, is less than that of national production. This means that, if barriers to trade are not established, many workers lose their jobs due to the fact that national production is terminated due to the possibility of importing said products.

8 0
3 years ago
A project has earnings before interest and taxes of $14,600, fixed costs of $52,000, a selling price of $29 a unit, and a sales
dusya [7]

Answer:

$24.09

Explanation:

[Sales units quantity × (Selling price per unit - Variable cost per unit)] - Fixed costs - Depreciation = Earning before interest and taxes

Sales units quantity 16,000

Selling price per unit $29

Fixed costs $52,000

Depreciation $12,000

Earning before interest and taxes $14,600

Variable cost per unit ?

[16,000 × ($29 - Variable cost per unit )] - $52,000 - $12,000 = $14,600

$29 - Variable cost per unit = ($14,600 + $52,000 + $12,000)/16000

Variable cost per unit = $29 - $4.91

Variable cost per unit = $24.09

6 0
3 years ago
This individual worked to determine a "fair day’s work," or what an average worker could produce at a reasonable pace. This indi
cluponka [151]

Answer:

The correct answer is (a)

Explanation:

To better measure fair days’ work of an average worker a clock was designed which had a capacity to measure 1/2000th of a second. The clock was specifically designed to help and measure every second. The lock was invented by Frederick W. Taylor in 1911. Likewise, it helped to measure and analyse synthetic workflows and improve productivity.

6 0
3 years ago
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Most partnerships take in receipts amounting to _____.
Yuliya22 [10]
The answer is under $25,000
8 0
4 years ago
Read 2 more answers
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