PLEASE HELP ASAP (BRAINIEST)!!! SERIOUS ANSWERS ONLY

A class of stock for which there is no minimum legal capital is called?

Ann [662]

The answer would be D noncumulative stock.

6 0

3 years ago

Sheddon Industries produces two products. The products' identified costs are as follows: Product A Product B Direct materials $

bekas [8.4K]

Answer:

The cost per unit for product B is $ 15 per unit

Explanation:

Only Manufacturing Costs are used in Product Costing. Thus to find the Cost Per Unit of Product B, we Prepare a Manufacturing Cost Summary for Product B.

Step 1 Prepare a Manufacturing Cost Summary for Product B

Direct materials $ 15,000

Direct labor $24,000

Overhead costs($24,000/$36,000) × $54,000 $36,000

Total Cost for Product B $75,000

Step 2 Calculate the Cost Per Unit for Product B

Cost Per Unit = Total Cost / Number of Units Produced

= $75,000 / 5,000 units

= $ 15 per unit

3 0

3 years ago

Read 2 more answers

Denzel Brooks opened a Web consulting business called Venture Consultants and completes the following transactions in March Marc

san4es73 [151]

Answer:

1. Prepare general journal entries to record these transactions using the following titles:

March 1

Dr Cash (101) 175,000

Dr Office Equipment (163) 26,000

Cr Common Stock (307) 201,000

March 2

Dr Prepaid Rent (131) 6,000

Cr Cash (101) 6,000

March 3

Dr Office Equipment (163) 3,800

Dr Office Supplies (124) 2,200

Cr Accounts Payable (201) 6,000

March 6

Dr Cash (101) 4,500

Cr Services Revenue (403) 4,500

March 9

Dr Accounts Receivable (106) 10,900

Cr Services Revenue (403) 10,900

March 12

Dr Accounts Payable (201) 6,000

Cr Cash (101) 6,000

March 19

Dr Prepaid Insurance (128) 6,400

Cr Cash (101) 6,400

March 22

Dr Cash (101) 4,000

Cr Accounts Receivable (106) 4,000

March 25

Dr Accounts Receivable (106) 5,330

Cr Services Revenue (403) 5,330

March 29

Dr Dividends (319) 5,400

Cr Cash (101) 5,400

March 30

Dr Office Supplies (124) 1,700

Cr Accounts Payable (201) 1,700

March 31

Dr Utilities Expense (690) 1,400

Cr Cash (101) 1,400

2. Post the journal entries from part 1 to the ledger accounts.

Account Description Debit Credit

101 Cash 175,000

6,000

4,500

6,000

6,400

4,000

5,400

1,400

101 Cash 158,300

106 Accounts Receivable 10,900

4,000

5,330

106 Accounts Receivable 12,330

124 Office Supplies 2,200

1,700

124 Office Supplies 3,900

128 Prepaid Insurance 6,400

131 Prepaid Rent 6,000

163 Office Equipment 26,000

3,800

163 Office Equipment 29,800

201 Accounts Payable 6,000

6,000

1,700

201 Accounts Payable 1,700

307 Common Stock 201,000

319 Dividends 5,400

403 Services Revenue 4,500

10,900

5,330

403 Services Revenue 20,730

690 Utilities Expense 1,400

3. Prepare a trial balance as of April 30.

Account Description Debit Credit

101 Cash 158,300

106 Accounts Receivable 10,900

106 Accounts Receivable 12,330

124 Office Supplies 3,900

128 Prepaid Insurance 6,400

131 Prepaid Rent 6,000

163 Office Equipment 29,800

201 Accounts Payable 1,700

307 Common Stock 201,000

319 Dividends 5,400

Retained earnings 11,000

403 Services Revenue 20,730

690 Utilities Expense 1,400

TOTAL 234,430 234,430

6 0

3 years ago

vSelected financial data for The Portland Porcelain Works Coffee Mug Division is as follows: Sales $ 2 comma 000 comma 000 Oper

ioda

Answer:

Capital turnover = 2.5 times

Explanation:

given data

Sales = $2,000,000

Operating income = $400,000

Total assets = $800,000

Current liabilities = $120,000

Target rate of return = 13%

Weighted average cost of capital = 6%

to find out

Portland Porcelain Works Coffee Mug Division capital turnover

solution

we get here Portland Porcelain Works Coffee Mug Division capital turnover that is find here by dividing sales by total assets

so

Capital turnover = $\frac{sales}{total\ assets}$ ......................1

put here value

Capital turnover = $\frac{2,000,000}{800,000}$

Capital turnover = 2.5 times

5 0

3 years ago

One way to take responsibility for your health is to formulate a wellness plan. write four wellness goals for maintaining good r

dybincka [34]

1. Practice safe sex: Always make sure to talk about your sexual history with your new sexual partner prior to engaging in sex. If you are non-monogamous, use condoms every time. Encourage your sexual partner to join you in getting an STD test. This is important for short-term and long-term health because it can affect the ability to have children in the long term and also decrease risk for contracting an STD in the short-term. 2. Drink water: Being hydrated is important in the long-term for maintaining a healthy reproductive system. Vaginal dryness can be caused/or worsened by dehydration, which can make sex less comfortable and increase risk of infections. 3. Get annual checkups: this is a long-term benefit. It can help catch any potential problems while they are early to prevent them from becoming much more serious. 4. Be conscious about using toxic chemicals. Another long-term goal is to stay away from ttoxins lie dioxin, phthalates, PFCs, and pesticides. These chemicals can cause reproductive problems that could negatively influence the ability to have a healthy pregnancy.

4 0

3 years ago