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slega [8]
3 years ago
11

Add and simplify 9/19= 1/2

Business
1 answer:
iren2701 [21]3 years ago
7 0
Just want to fracture and a half
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2 years ago
Lorenzo Company applies overhead to jobs on the basis of direct materials cost. At year-end, the Work in Process Inventory accou
kotykmax [81]

Answer:

1. Overhead rate = Overhead costs / Direct material costs

Overhead rate = $684,000 / $1,900,000

Overhead rate = 0.36

Overhead rate = 36%

2. How much direct labor cost and overhead cost are assigned to this job?

Total cost of job in process                      $71,000

Less: Overhead applied                            $7,920

          ($22,000 * 36%)

Less: Material cost of job in process        <u>$22,000</u>

Direct labor cost                                        <u>$41,080</u>

Hence, direct labor cost is $41,080 and Overhead cost is $7,920

8 0
3 years ago
On July 1, the inventory of at Barnett Shoes was $60,000. Because of anticipated back-to-school sales, the owner wants to have a
AVprozaik [17]

Answer:

required purchase             83,500

Explanation:

The cost of inventory in july sales and our desired ending invenory is the amount we need. the beginning inventory is a portion of this demand already fullfil, we need to purchase for the difference.

cost of inventory sales for July:

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desired ending inventory   105,000

beginning inventory        <u>    (60,000)   </u>

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4 0
3 years ago
what is the money an investor receives above and beyond the money initially invested called?a) saving.b)liquidity.c)return.d)inv
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The <span>money an investor receives above and beyond the money initially invested is called C. return.
Saving has to do with saving your money. Liquidity is the ability to pay your bills. Investment is when you invest your money into something, and eventually get it back, if your investment pays off.
</span>
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3 years ago
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Explain the significance of capital structure.
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Capital structure increases the ability of the company to find new wealth- creating investment opportunities.
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3 years ago
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