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Mazyrski [523]
3 years ago
13

On December 18, Intel receives $260,000 from a customer toward a cash sale of $2.6 million for computer chips to be completed on

January 23. The computer chips had a total production cost of $1.6 million. What journal entries should Intel record on December 18 and January 23? Assume Intel uses the perpetual inventory system.

Business
1 answer:
lord [1]3 years ago
5 0

Answer:

Explanation:

the picture attached gives the full solution to the problem

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Assume that Roth’s accountants are expected to work a total of 8,000 direct labor hours in 2018. Roth’s estimated total indirect
xz_007 [3.2K]

Answer:

$12 and $180

Explanation:

The computation of the predetermined overhead rate is shown below:

As we know that

The predetermined overhead rate is

= Estimated total indirect cost  ÷ expected direct labor hours

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= $12

And, the indirect cost is

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= $12 × 15

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We simply applied the above formula

8 0
4 years ago
I need to know the answer of this question
Lunna [17]

Answer: D. Discouraged Worker

Explanation:

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5 0
3 years ago
If a firm has a $1,500,000 debt limit before AT kd will change and if taxes are 40% and total equity in the capital structure is
andrew-mc [135]

Answer:

$2,500,000

Explanation:

Break Point = Level of debt / Weight of debt

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=60%

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= 1,500,000 / 60%

= $2,500,000

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6 0
3 years ago
A supermarket sells kiwis at a price of 33 cents each. Then it starts selling the same product at the price of 3 kiwis for 99 ce
Lostsunrise [7]

Answer:

C. Anchoring

Explanation:

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The anchor for a price perception may be found in the first price mentioned. It can also arrive in the mind of the purchaser, where the anchor may have been set by previous experience.

5 0
3 years ago
QS 4-15 Computing and analyzing gross margin ratio LO A2 Carrier Lennox Trane York Sales $ 150,000 $ 550,000 $ 38,700 $ 255,700
kogti [31]

Answer:

Maybe is you payed attention you would have knew the answer

Explanation:

Good luck :))

4 0
3 years ago
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