Answer:
$77,000
Explanation:
Calculation to determine what The amount of maintenance expenses that should be allocated to the Painting Department for the current period is:
Administration=$80,000×[100/(150 + 100)] Administration=$32,000
Maintenance=$100,000×[36,000/(44,000 + 36,000)]
Maintenance=$45,000
Total$ 77,000
($32,000+$45,000)
Therefore The amount of maintenance expenses that should be allocated to the Painting Department for the current period is:$77,000
Answer:
retained earnings 175,500
common stock 48,750
paid in excess of par 126,750
Explanation:
The diivdends are 15% so we multiply this by the shares outstanding to know the amount of shares:
65,000 x 15% = 9,750 shares
Then we multiply by the market value to know the amount needed:
9,750 x $18 market value = $175,500 stock dividends
The common stock will be 9,750 at par
and the remainder will be paid in excess.
9,750 x 5 = 48,750 CS
175,500 - 48,750 = 126,750
B false was not giving written consent on Elizabeth had not
Answer:
$1,700
Explanation:
Given that,
Purchase of raw materials inventory = $1,000
Assignment of raw materials inventory to Job 5 = $500
Payroll for 20 hours with $1,000 assigned to Job 5
Factory utility bills = $750
Overhead applied at the rate = $10 per hour
Cost assigned to Job 5 at the end of the week:
= Raw materials inventory to Job 5 + Labor cost + Manufacturing Overhead applied
= $500 + $1,000 + ($10 per hour × 20 hours)
= $500 + $1,000 + $200
= $1,700
