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4 years ago

What component is shown in the above photograph?

Business

2 answers:

quester [9]4 years ago

7 0

Answer:

Push on oil filter

Explanation:

Due to its size

Mashutka [201]4 years ago

4 0

Answer:

Your answer is B. Push-on oil filter

Explanation:

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Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Material

Alisiya [41]

Answer:

<u>Cost of goods manufactured statement for March</u>

Direct labor $3,500,000

Materials $2,683,100

Indirect labor $320,000

Machinery depreciation $210,000

Heat, light, and power $175,000

Supplies $34,900

Property taxes $30,000

Miscellaneous costs $45,700

Add Opening Work in process Inventory $435,900

Less Closing Work in process Inventory ($510,400)

Cost of goods manufactured $6,924,200

Explanation:

Prepare a Raw Materials T - Account to determine the cost transferred to Manufacturing Account for Raw Materials.

Raw Materials T - Account

Debits :

Opening Balance $210,000

Purchases $2,666,200

Totals $2,876,200

Credits :

Closing Balance $193,100

Materials transferred to Production $2,683,100

Totals $2,876,200

6 0

3 years ago

North Company has completed all of its operating budgets. The sales budget for the year shows 50,220 units and total sales of $2

Oduvanchick [21]

Answer:

A budgered income statement was prepared for North company for the year ending December 31st 2020.

Explanation:

Solution

The NORTH COMPANY

Budgeted Income Statement

For the year December 31st, 2020 Ended

Particulars Amount

Sales $2,414,100

Less: Cost of goods sold

[50,220 Units x $23.00 per unit] -11,55,060

The Gross Profit 12,59,040

Less: Selling and administrative expenses -3,09,700

Earnings before interest and taxes 9,49,340

Less: Interest Expenses -10,260

The earnings before taxes 9,39,080

Less: Income Taxes -2,26,200

The Net Income 7,12,880

The net income for the NORTH COMPANY for the year ended December 31st 2020 is $7,12,880

6 0

3 years ago

During the 1990s, one of the dominant firms in the U.S. cigarette industry would raise prices once or twice a year by about 50 c

ahrayia [7]

Answer: price leadership

Explanation: Price leadership is a circumstance where one business, typically the dominant one in its market, sets prices that its rivals follow closely.

This business is typically the one with the minimum cost of production, thus being able to outperform the prices charged by any rival who tries to set their prices below the price range of the market leader.

Rivals could increase prices than the cost leader, but this would likely lead to lower share of the market unless rivals were able to distinguish their goods adequately.

Hence from the above we can conclude that the given case depicts price leadership strategy.

3 0

3 years ago

Anka Company uses the LIFO inventory costing method for both its tax reporting purposes and its financial reporting purposes. An

katovenus [111]

Answer:

C. LIFO liquidation

Explanation:

Benson Company uses the LIFO inventory costing method for both its tax reporting purposes and its financial reporting purposes. In its footnotes, Benson Company is required to report the amount at which inventories would have been reported under FIFO method.

The difference between these two numbers is commonly referred to as LIFO Reserve.

LIFO reserve represents the difference in ending inventory using LIFO and ending inventory if FIFO were employed instead.

Third option is the correct option.

LIFO reserve = FIFO inventory cost - LIFO inventory cost

FIFO inventory cost = LIFO inventory cost + LIFO reserve

4 0

3 years ago

Medium that carries message signals from senders to receivers of communication is:

dybincka [34]

I believe it is channel

7 0

4 years ago