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3 years ago

A summary of the time tickets for the current month follows:

Business

1 answer:

tester [92]3 years ago

8 0

Answer and Explanation:

The journal entry to record the factory labor cost is shown below:

Work in progress ($2,060 + $1,710 + $3,130 + $3,520 + $2,150 + $1,410 + $9,540) $23,520

Factory Overhead $10,980

To wages payable $34,500

(to record the factory labor cost)

Here work in process and factory overhead is debited as it increased the assets and expenses and credited the wages payable as it also increased the liabilities

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For 2012 Fielder Corporation reported net income of $30,000; net sales $400,000; and average share outstanding 12,000. There wer

jonny [76]

Answer:

$2.50

Explanation:

The Earnings Per Share of a company is determined by using the formula:

EPS= (Net Income of the Company - Dividend to Preferred Shareholders) ÷ Average Outstanding Shares of the Company

Since there is no dividend to preferred shareholders

EPS= Net Income of the Company - ÷ Average Outstanding Shares of the Company

=30000 ÷ 12000

=$2.50

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3 years ago

Joyce's investments earn 5% nominal annual return right now while the inflation rate is at 1%. If inflation increases to 5%, it

Dafna1 [17]

So if each nominal is 5 and the inflation 1 so if you have 5 inflation you will have 25 nominal

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3 years ago

Read 2 more answers

Assume that you purchased a $1,000 perpetual bond (coupon payment is $50) and the interest rate on that bond declined from 5 per

Svetlanka [38]

Answer:

D) all of the above

Explanation:

First find the present value for each alternative using PV of perpetual cashflow formula;

PV = CF / rate

CF = 50

If rate= 5%;

PV = 50/0.05 = $1,000

If rate = 2%;

PV = 50/0.02 = $2,500

With these two calculations, we see that;

-the bond price increased by $1,500

-you could sell this bond at a capital gain, meaning you can sell it a higher price that what you bought it for.

-at an interest rate of 2%, the speculative demand for money would increase

Hence , all these choices are correct!

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3 years ago

Question 2 of 20

aleksklad [387]

I guess the answer is C. to convince your manager to use a new meeting organization tool

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2 years ago

Maritime Sail Makers manufactures sails for sailboats. The company has the capacity to produce 37 comma 000 sails per year and i

kirza4 [7]

Answer:

Increase in income= $550,000

Explanation:

Giving the following information:

Variable costs per unit:

Manufacturing $60

If a special pricing order is accepted for 5,500 sails at a sales price of $ 160 per unit

Because there is no change in the fixed costs and there are no variable selling and administrative costs, the effect on income will be equal to the change in total contribution margin.

Total contribution margin= number of units* (selling price - unitary variable cost

Total contribution margin change= 5,500* (160 - 60)= $550,000

Increase in income= $550,000

8 0

4 years ago