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3 years ago

Here's 100 pts up for grabs!!!!

Business

2 answers:

Triss [41]3 years ago

8 0

all we have to do is answer and we get that many points that's cool

dedylja [7]3 years ago

5 0

Answer:

THANK YOU

Explanation: Can you help me out and mark me brainliest? i'm struggling in the points department

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Refer to the following selected financial information from Shakley's Incorporated. Compute the company's profit margin for Year

nekit [7.7K]

Answer:

Profit margin = 9.74%

Explanation:

We know,

Profit Margin = (Net income after tax/Net sales) x 100

Profit margin is a profitability ratio that measures the company's overall performance. It also show how company performs financially.

Given,

Year 2,

Net Sales = $484,000

Net income after tax = $47,150

Therefore,

Profit Margin = $\frac{47,150}{484,000}$

Profit Margin = 9.74%

Hence, company is performing financially well.

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3 years ago

Foster Manufacturing uses a job order cost accounting system. On April 1, the company has Work in Process Inventory of $7,600 an

Andrej [43]

Answer:

Foster Manufacturing 

Journal Entries

Sr. No Particulars Debit Credit

1 Work in Process Job No. 221 1200

Work in Process Job No. 222 1700

Work in Process Job No. 223 2400

Work in Process Job No. 224 2600

Factory Overhead Indirect Materials 600

Materials Inventory 8500

Materials Requisitioned to specific jobs work in process inventory.

2. Direct Labor Work in Process Job No. 221 1600

Direct Labor Work in Process Job No. 222 2200

Direct Labor Work in Process Job No. 223 2900

Direct Labor Work in Process Job No. 224 2800

Indirect Labor 400

Payroll 9500

Factory OverheadControl 400

Direct Labor used for specific jobs.

3. Work in Process Job No. 221 1120

Work in Process Job No. 222 1540

Work in Process Job No. 223 2030

Work in Process Job No. 224 1960

Manufacturing Overheads 6930

Manufacturing Overheads applied to specific jobs at the rate of 70%.

4. Finished Goods Inventory $ 7940

Opening Work in Process Job No. 221 3600

Work in Process Job No. 221 Materials 1200

Work in Process Job No. 221 Direct Labor 1600

Work in Process Job No. 221 MOH 1540

Job 221 completed and transferred to finished goods.

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3 years ago

A d d m e o n d i s c o r d Katelyn#6394

kirza4 [7]

Answer:

ok and thanks for the points

thanks:)

3 0

3 years ago

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A word processing program would probably be used to:

vladimir1956 [14]

Ddddddddddddddddddddddddddddddddd

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3 years ago

Donatello files a suit against erasmus. before going to trial, the parties meet, with their attorneys to represent them, to try

Anuta_ua [19.1K]

The answer to the question is a form of out of court dispute resolution called negotiation.

In legal context, negotiation occurs when one party contact the other party to try and work out a resolution or settlement that both parties can agree with. This option is the correct one because it does not involve a third party, which in other types of dispute resolution such as mediation and arbitration, must be present.

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3 years ago