Answer:
job 429 -WIP 3040 debit
job 430 -WIP 4020 debit
job 431 -WIP 4740 debit
factory overhead 900 debit
raw materials 12,700 credit
--to record materials requisions--
job 429 -WIP 2,300 debit
job 430 -WIP 3,400 debit
job 431 -WIP 7,900 debit
factory overhead 1,310 debit
wages payables 14,910 credit
--to record wages tickets--
job 429 -WIP 1,426 debit
job 430 -WIP 2,046 debit
job 431 -WIP 4,898 debit
factory overhead 8,370 credit
--to record applied overhead--
Explanation:
job 429 -WIP: 2300 x 62% = 1,426
job 430 -WIP: 3400 x 62% = 2,046
job 431 -WIP: 7900 x 62% = 4,898
total overhead: 8,370
Answer:
b. 3.70 percent
Explanation:
Expected rate of return of a stock, given probabilities, is calculated by summing up the product of probability of each state occurring by the expected return of the stock should that happen.
Expected rate of return = SUM (probability *return)
Boom;(probability* return) = (0.15* 0.10) = 0.015 or 1.5%
Normal ;(probability* return) = (0.70* 0.04) = 0.028 or 2.8%
Recession ; (probability* return) = (0.15* -0.04) = -0.006 or -0.6%
Next, sum up the expected return for each state of the economy to find the expected rate of return on this stock;
= 1.5% + 2.8% -0.6%
= 3.7%
Therefore, the correct answer is choice B.
the answer to this question is 4.70%
Sally works for Timber Products, Inc. The basis for her contribution under the Federal Insurance Contribution Act to help pay for benefits that will partially make up for her loss of income on retirement is her annual wage base.
Answer: Option B
<u>Explanation:</u>
The contribution that Sally, who is working for Timber Products incorporation, has to make for federal insurance contribution act is based on the amount of wage that Sally gets on an annual basis or the wage that she gets in a year.
A part of that wage which is a particular percentage is paid to the federal insurance contribution act who is going to benefit her in case she incurs any kind of loss of income.