Answer:
Correct amount of the inventory = $174,118
Inventory incorrectly recorded = $205,171
The inventory was overstated by = 205,171 - 174,118
=$31,053
As a result of the overstated ending inventory, the net income would be overstated by $31,053 as well.
As a result of the overstated net income, the retained earnings would be overstated by $31,053 as well.
Ending inventory is a part of Assets, thus due to overstated ending inventory, assets would also be overstated by $31,053.
Answer:
C)) factory overhead
Explanation:
Manufacturing cost can be regarded as the sum of all the costs resources that is been consumed during the process of making a product. manufacturing cost can be classified as;
✓direct materials cost
✓ manufacturing overhead.
✓direct labor cost
It can be regarded as factor in total delivery cost. Direct Material Cost can be regarded as total cost that is incurred in purchasing of raw material and cost of other components such as packaging, as well as freight and storage costs by the company
It should be noted that The three categories of manufacturing costs comprising the cost of work in process are direct labor, direct materials, and factory overhead.
Answer:
You have to deposit 13584.54 dollars in 8 years in order to have 57411 dollars on your account in 19 years.
Explanation:
In order to asses the present value of furture cash flow, we need to look at the formula for present value:
PV is Present Value, FV is future value, r is the interest rate, n is the number of years.
When we apply the numbers of the question, FV is 57411, r is 0.14 and n is 11 because we will put our deposit in 8 years and 19 - 8 is 11.
When we insert the numbers into the equation we get 13584.54
I hope this makes the answer clearer! :D
Answer:
Inventar (no copiar de internet) un microcuento fantástico con alguno de los siguientes hechos sobrenaturales o inverosímiles: fantasmas, transformaciones, poderes increíbles, etc.
Explanation:
Answer:
b. The supply of print paper from the wholesaler is a business product because Darren uses it to provide a service that he sells.
e. The colored construction paper from the wholesaler is a consumer product because Darren's family will use it for personal projects.
Explanation:
In the given question:
Darren King makes two kinds of purchases:
1. Normal paper supply, that is the reams of print paper for the printing company. This is typically for the business purpose and regular in nature.
2. Remnants of colored construction paper, this is purchased by Darren King for his children who are studying in school for their projects.
The first is for the sole business purpose, whereas the second construction paper is for school project of children.