Answer and Explanation:
The Journal entry is shown below:-
Factory labor Dr, $480,000
To Factory wages payable $400,000
To Employee payroll taxes payable $80,000
(Being factory labor cost is recorded)
Here we debited the factory labor as it increased the expenses and we credited the factory wages payable and employee payroll taxes payable as it also increased the liabilities
Answer:
<u>Scholarship Amount would be $45.68</u>
Explanation:
Deposits into an endowment account that pays 12% per year
Year 0 Deposit $100
Year 1 Deposit $90
Year 2 Deposit $80
Year 3 Deposit $70
Year 4 Deposit $60
Year 5 Deposit $50
Year 6 Deposit $40
First find the present worth of the gradient deposits.
P = 100 + 90(P/A, 12%, 6) - 10(P/G, 12%, 6) = $380.69
A = 380.69 (0.12)
A= $45.68
Answer:
c. $5.1 per hour.
Explanation:
Estimated Manufacturing overhead = $249,000
Estimated direct labour hours = 50,000
Predetermined overhead Rate = Estimated Manufacturing overhead / Estimate direct labor hours
Predetermined overhead Rate = $249,000 / 50,000
Predetermined overhead Rate = $4.98
The given is inconsistent with the options given in this question. A similar question is attached with this answer. The following answer is made according to the attached question. please find that.
Estimated Manufacturing overhead = $254,000
Estimated direct labour hours = 50,000
Predetermined overhead Rate = Estimated Manufacturing overhead / Estimate direct labor hours
Predetermined overhead Rate = $254,000 / 50,000
Predetermined overhead Rate = $5.08 = $5.1 per hour
Answer:
The correct answer is a) the inflation differential.
Explanation:
Inflation differential is the difference we can find between two countries in exchange rates. The inflation differential can produce losses for the company if, in the country you want to buy, there is a big difference in your exchange rate, since this raises the prices of the product. As a result, the company has a loss; it can also happen if It is a case of exports.
If the inflation differential is maintained for an extended period, it can cause loss of competitiveness, since the profit margin of the products would be affected.
<em>I hope this information can help you.</em>