Answer:
The multiple choices are:
A) $46,050 B) $68,590 C) $85,190 D) $29,450 E) $62,650
Option E is the correct option,$62,650
Explanation:
The operating cash flow=net income+incremental depreciation
the operating cash flow=$46050+$16,600=$62650
The incremental taxes have already been factored into the computation of the net income, hence it is,it is expected that the depreciation would just be added to the net income in a bid to ascertain operating cash flow of the business
Answer:
Date Account and explanation Debit Credit
Dec 31 Prepaid insurance $10,000
($12000*30/36)
Insurance expense $10,000
Dec 31 Depreciation expense $15,000
Accumulated depreciation-Equipment $15,000
Dec 31 Salaries expense $18,000
Salaries payable $18,000
Dec 31 Interest expense $4,000
($200000*12%*2/12)
Interest payable $4,000
Dec 31 Deferred rent revenue $1,000
($3000/3
Rent revenue $1,000
Dec 31 Rent revenue $2,000
Deferred rent revenue $2,000
Answer:
1. Equivalent units
Direct materials = 70,000 units
Conversion Units = 47,000 + 23,000*40% = 47,000 + 9,200 = 56,200 units
2. Unit direct material cost = $38,500 / 70,000 = $0.55
Unit conversion cost = $61,820 / 56,200 = $1.10
Total unit cost = $0.55 + $1.10 = $1.65
3. New unit cost = $1.65 + ($4,700/47,000 units) = $1.65 + $0.1 = $1.75
Yes, vgfyhh6yh6h6hyhyhtvg6ybgy6hy6 is correct!
Answer:
$17,500
Explanation:
Give that
Direct raw materials at the beginning = $1,000
End work in process =$3,000
Beginning work in process = $3,000
End finished goods = $2,400
Beginning finished goods = $6,000
Total manufacturing cost = (Direct materials + Direct labor + Overhead applied) + Beginning work in process inventory - Ending work in process inventory
= ($4,000 + $5,000 + $7,000) + $3,000 - $1,500
= $17,500
