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3 years ago

What is the primary purpose of the Statement of Cash Flows?

1 answer:

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The primary purpose of the Statement of Cash Flows is d) to provide information about a firm's cash inflows (receipts) and outflows (payments).

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Steven's Battery Company has two service departments, Maintenance and Personnel. Maintenance Department costs of $320,000 are al

inna [77]

Answer:

From maintenance to department B will be allocated 85,333 dollars

Explanation:

We distribute maintenance over personnel and operating and then,

we distributed the accumulated in personnel over the operating department:

$\left[\begin{array}{cccccc}&Maintenance&Personnel&Dep A&Deb B\\$maintenance-hours&&800&960&640\\$employes&&&160&480\\$Direct \: Cost&320,000&80,000&160,000&240,000\\$Allocate A&-320,000&106,667&128,000&85,333\\$Subtotal&&186,667&288,000&325,333\\$Allocate J&&-186,667&46,667&140,000\\$Total&&&334,667&465,333\\\end{array}\right]$

For the given question it would be:

total maintenance-hours: 800 + 960 + 640 = 2,400

allocation of maintenance:

320,000 x 640/2400 = 85,333

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3 years ago

Which of the following is not a basic consumer right?

Kitty [74]

Answer:

the right to be refunded

Explanation:

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4 years ago

Read 2 more answers

North Company has completed all of its operating budgets.The sales budget for the year shows 50,600 units and total sales of $2,

atroni [7]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The sales budget for the year shows 50,600 units and total sales of $2,317,800.

The total unit cost of making one unit of sales is $22.

Selling and administrative expenses are expected to be $304,000.

Income taxes are estimated to be $270,180.

Income statement:

Sales= 2,317,800

COGS= (22*50,600)= (1,113,200)

Gross profit= 1,204,600

Selling and administrative= (304,000)

Tax= (270,180)

Net operating profit= $630,420

5 0

3 years ago

According to the article, why might employers want to ensure that they have cause when terminating an employee?

lara [203]

Reasons to terminate an employee is because of sexual harrasment, Drug or alchohol use, damaging company property, or unethical behaviour and service.

6 0

3 years ago

How do you make a profit in a bond?

Kisachek [45]

Answer:

Hold those bonds until their maturity date and collect interest payments on them. The second way to profit from bonds is to sell them at a price that's higher than what you pay initially.

Explanation:

As there is to everything, not only are there advantages, but there are disadvantages as well in bonds. Just sayin'

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3 years ago