<u>The activity rate for the Order Processing activity cost pool is closest to </u>
<u>542</u>
Explanation:
Given that ,
Wages and salaries $540,000
Depreciation $220,000
Rent $240,000
Cost pool for order processing activity
Activity Cost Pools= 30% 25% 45%
= (540,000*30%) +(220,000*25%)+(240,000*45%)
= (162000)+(55000)+(108000)
=325000
Hence ,the Cost pool for order processing activity =325000
We know that the formula for
Activity rate = Cost pool/Total activity
<u></u>
<u>Activity Cost Pool Total Activity Assembly 40,000 labor-hours Order processing 600 orders </u>
<u>
</u>
= 325,000/600
= 542
<u>The activity rate for the Order Processing activity cost pool is closest to </u>
<u>542</u>
The occupation that is most likely to have highest rate of decrease over the next few years is the office clerks.
<h3>What is the Information Unit?</h3>
In this context, the unit of information assesses the jobs that are not likely to be in need for more workers and will have highest rate of decrease in next few years,.
Hence, the occupation that is most likely to have highest rate of decrease over the next few years is the office clerks.
Therefore, the Option C is correct
Read more about occupation
<em>brainly.com/question/1206328</em>
Answer and Explanation:
The preparation of the sales section of the income statement is presented below:
<u>Income Statement
</u>
<u>For the year ended </u>
Sales
Sales revenue $903,400
Less:
Sales Discount $15,400
Sales return & allowances $22,000
Net Sales $866,000
hence the net sales is $866,000
The freight out would not be considered. Hence, ignored it
Answer:
Explanation:
Date Particulars Amount (Dr) Amount (Cr)
6/30/17 Stock dividends
(60,000 × 20% × 15) 180000
Common stock dividend
distributable 120000
Paid-in Capital in Excess of Par
common stock 60000
7/15/17 No entry
7/31/17 Common stock dividend distributable 120000
Common stock 120000
12/1/17 No entry
12/15/17 No entry
Particulars
1. Common stock = (72000 × 2 × 5) $720,000
2. Number of shares outstanding (60000+12000)×2 144000
3. Par value per share (10/2) $5
4. Paid-in capital in excess of par (150000+60000) $210000
5. Retained earnings (150000+190000-180000) $160000
6. Total stockholders' equity $1090000
Plz post a photo or answer choices of the problem
