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4 years ago

14

A record that contains detailed information on specific accounts with a common characteristic and is support for a controlling a

ccount is a(n):

1 answer:

adell [148]4 years ago

5 0

It doesn't explain well. Probably the IRS or the Supreme Court.

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The following information is taken from the production budget for the first quarter: Beginning inventory in units 1,200; Sales b

alekssr [168]

Answer:

458,000

Explanation:

Beginning inventory = 1,200 units

Budgeted sales = 456,000 units

Desired ending inventory = 3,200 units

Now,

Production Required is given as:

= ( Budgeted Sales + Ending Inventory Required ) - Beginning Inventory

on substituting the respective values, we get

Production Required = 456,000 + 3,200 - 1,200

or

Production Required = 458000

8 0

4 years ago

"three workers complete a full 8-hour day finishing concrete for a terrace. all three workers are paid $12 an hour and the job b

kati45 [8]

Direct labor cost is wages that are incurred in order to produce specific goods or provide specific services to customers. The total amount of direct labor cost is much more than wages paid.
Given that 3 workers, working 8 hours in a day are paid $12. The total amount paid to workers are:
12x8x3=$288
The cost of direct labor will therefore be:
450-288
=$192

8 0

4 years ago

Penn Company uses a periodic inventory system. At the end of the annual accounting period, December 31 of the current year, the

PSYCHO15rus [73]

Answer:

Total unit sold = Opening balance + Purhase in march + Purchase in August - Closing balance

Total unit sold = 2000 + 5000 +3000 - 4000

Total unit sold = 6000 units

1. FIFO method:

So total cost of goods sold is (2000*$5) + (4000*$6)= $34,000

Ending inventory value is (1000*$6) + (3000*$8) = $30,000

2. LIFO method:

So total value of goods sold is (3000*$8) + (3000*$6) = $42,000

Ending inventory value is (2000*6) + (2000*$5) = $22,000

3. Average cost of inventory:

Opening inventory (2000* $5) + Purchase on Mar.21 (5000*$6) + Purchase on August 1 (3000*$8) = $64,000

Total units = 2000 + 5000 + 3000

Total units = 10,000

Average cost is $64,000/10,000 (units) = $6.40 per unit

So, Cost of goods sold is 6000*$6.40 = $38,400

Ending Inventory value is 4000*$6.40 = $25,600

8 0

3 years ago

Which of the following is a feature of a credit card ?

Sergio [31]

The answer should be D if not it's A

5 0

4 years ago

Select the sentence that is completely correct. Group of answer choices Todd is unsure of whether he should except the position

goldenfox [79]

Answer:

The completely correct sentence is:

Todd is unsure of whether he should accept the position or go in to business himself.

Explanation:

The adjective unsure goes with the preposition, 'of' to indicate what the subject is not certain of. Option 1 with 'except' is completely wrong. It is not the correct verb form of the word. Some people, however, omit the preposition, 'of,' but this is not completely correct.

6 0

3 years ago