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4 years ago

LO 4.7In a job order cost system, utility expense incurred is debited to which account?

Business

1 answer:

marusya05 [52]4 years ago

8 0

Answer:

manufacturing overhead

Explanation:

To record the utility expense in a job order cost system, the manufacturing overhead account is debited as it has come under the manufacturing overhead cost like indirect material, indirect labor, rent on the factory, insurance of factory, etc

So, only the manufacturing overhead account is debited as the utility expense is incurred

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An import quota seeks to guarantee domestic industries ______.

lyudmila [28]

Answer:

a. will have access to experts who can decide international trade disputes.

Explanation:

7 0

2 years ago

On October 1, 20X4, Shaw Corp. purchased a machine for $126,000 that was placed in service on November 30, 20X4. Shaw incurred a

balu736 [363]

Answer:

$138,000

Explanation:

The computation of the machine cost that would be reported is shown below:

= Purchase value of machine + shipping cost + installation cost + testing cost

= $126,000 + $3,000 + $4,000 + $5,000

= $138,000

At the time of reporting the machine cost, we have to consider all the cost that is related to the machine. Therefore, all the given cost is considered.

4 0

3 years ago

Jake nickells crowdsourcing approach to his business initially kept the business finances under control in all of the following

svetlana [45]

Answer:

It eliminated the need for fixed costs.

Explanation:

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3 years ago

A company has determined that its optimal capital structure consists of 43 percent debt and the rest is equity. Given the follow

ale4655 [162]

Answer:

31.5%

Explanation:

Given from the question kd = 7.0 %

Tax rate = 35 %

P0 = $ 28.86

Growth g = 4.9 %

D1 = $ 0.94

First find the cost of common stock by

rS = D1/P0 + g

=0.94/$28.86 + 0.49

=0.523

= 52.3%

Finally, calculate the weighted average cost of capital WACC,

using rs= 0.523,

Tax rate =43% =0.43

Equity E 100% - 43% = 57% =0.57 and

kd=7.0 % = 0.07

so WACC = (D/A)(1 - Tax rate)kd+(E/A)rs

= 0.43(1 - 0.43)(0.07) + 0.57(0.523)

0.0172 + 0.298

= 0.315

= 31.5%

6 0

3 years ago

$82 Using the incremental method, what amount of revenue will be allocated to Math Fun in the package that contains all three pr

Leno4ka [110]

Answer:

$28.62

Explanation:

Calculation to determine what amount of revenue will be allocated to Math Fun in the package that contains all three products

First step is to calculate the Total revenue of three product if sold individually

Total revenue= $21 + $37 + $48

Total revenue= $106

Now let calculate the allocation of revenue to Math fun based on revenue proportion

Using this formula

Revenue allocation= Packaged revenue / Total individually revenue * Revenue of Math fun

Let plug in the formula

Revenue allocation= $82/106*37

Revenue allocation= $28.62

Therefore the amount of revenue that will be allocated to Math Fun in the package that contains all three products is $28.62

6 0

3 years ago