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3 years ago

How much wood does a wood chuck chuck

Business

2 answers:

sergij07 [2.7K]3 years ago

6 0

Answer:

it chucks wood

Explanation:

aleksandr82 [10.1K]3 years ago

3 0

Answer:

as much as it wants

Explanation:

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Diaz and Associates incurred the following costs in completing a tax return for a large company. Diaz applies overhead at 50% of

muminat

Answer:

Date Accounts Receivable Debit Credit

XX-XX-XXXX Work in Process $11,330

Wages Payable $11,330

Date Accounts Receivable Debit Credit

XX-XX-XXXX Work in Process $5,665

Manufacturing overhead $5,665

Working

Total labor cost:

= Partner cost + Senior manager cost + Staff accountants

= (5 * 450) + (13 * 160) + (100 * 70)

= $11,330

Overhead is 50% of direct labor cost:

= 11,330 * 50%

= $5,665

4 0

3 years ago

Bryan Houlberg expects his C corporation to generate a profit of $200,000. What is Bryan's after-tax cash flow from the corporat

Korolek [52]

Answer:

$\$ 117,937.50$

Explanation:

Corporate level tax on $200,000 is $61,250

Cash(After Corporate tax)= $\$ 200,000 -\$ 61,250=\$138,750$

Individual tax on $138,750(15%)= $0.15\times138750=\$ 20812.5$

Hence, net after tax cashflow :

$\$ 138,750-\$20,812.5\\=\$117,937.50$

5 0

3 years ago

Landen Corporation uses a job-order costing system. At the beginning of the year, the company made the following estimates: Dire

victus00 [196]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Direct labor-hours= 140,000

Machine-hours= 70,000

Fixed manufacturing overhead cost $ 784,000

Variable manufacturing overhead cost per direct labor-hour $ 2.00

Variable manufacturing overhead cost per machine hour $ 4.00

Job 550;

Direct materials $ 175

Direct labor cost $ 225

Direct labor-hours 15

Machine-hours 5

We need to calculate the total cost of Job 550. First, we need to calculate the predetermined overhead rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Based on direct labor hour:

Estimated manufacturing overhead rate= 784,000/140,000= $5.6 per direct labor hour

Based on machine hour:

Estimated manufacturing overhead rate= 784,000/70,000= $11.2

Now, we can calculate the total cost:

Total cost= direct material + direct labor + allocated overhead

Based on direct labor hour:

Total cost= 175 + 225 + 5.6*15= $484

Based on machine hours:

Total cost= 175 + 225 + 11.2*5= $456

6 0

3 years ago

Which one of the following is not a part of the business case for why companies should act in a socially responsible manner? A.

Amanda [17]

Answer:

Every business has a moral duty to be a good corporate citizen.

Explanation:

Businesses are formed to make profit, and this is the primary goal of businesses. So when making a business case for a company to act in a socially responsible manner, the benefit to the business as profits is the primary consideration.

If it is argued that every business has a moral duty to be a good corporate citizen, it does not translate to profits or benefit for the company.

So this is a weak argument when a business case is being created for why businesses should act in a socially responsible manner.

3 0

3 years ago

If omar company applies overhead to jobs on the basis of direct labor hours and job 3 took 120 hours, how much overhead should b

telo118 [61]

You multiply 3 by 120 to get $360 the answer is b. $360

6 0

4 years ago