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3 years ago

Help pleaseeeeeeeeeeeee

Business

1 answer:

valkas [14]3 years ago

6 0

Answer:

Income

Explanation:

A budget shows a plan of how one will spend their income. It is, therefore, a plan of expenditure. A budget shows total expected income on one side and projected expenditure on the other side. The budget is balanced when income and expenses are equal.

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Koczela Inc. has provided the following data for the month of May: Inventories: Beginning Ending Work in process $ 28,000 $ 23,0

astraxan [27]

Answer:

COGS= $241,000

Explanation:

First, we need to calculate the cost of goods manufactured with allocated overhead:

cost of goods manufactured= beginning WIP + direct materials + direct labor + allocated manufacturing overhead - Ending WIP

cost of goods manufactured= 28,000 + 68,000 + 98,000 + 72,000 - 23,000

cost of goods manufactured= $243,000

Now, we determine the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory

COGS= 57,000 + 243,000 - 61,000

COGS= $239,000

Finally, we close the under/over applied overhead to COGS:

Under/over applied overhead= real overhead - allocated overhead

Under/over applied overhead= 74,000 - 72,000

Underapplied overhead= $2,000

We need to debit COGS and credit overhead:

COGS 2,000

Manufacturing overhead 2,000

COGS= 239,000 + 2,000

COGS= $241,000

5 0

3 years ago

Adding a new product line to an existing portfolio means that the line has __________________. A. increased product support ser

OLEGan [10]

Answer:

B. extended product line length

Explanation:

The product line is a pricing strategy refers to as the pricing line extension and its purpose is to attract new customers, who may or may not be familiar with the current standard product line.

Thus It adds a higher quality to the current products, considered as trading and forward stretch. Various features include the price lining, bundle pricing, bait pricing, leader pricing.

Supermarkets like Walmart and amazon can often apply stretch top product lines so s to often grade there products to ensure that all markets are covered as to gain the maximum interest from customers.

7 0

3 years ago

The national institute for standards and technology is within which federal agency?

maksim [4K]

Most likely the National Institute for Standards and Technology falls under the U.S. Department of Commerce

8 0

3 years ago

On January 12, 2021, Jefferson Corporation purchased bonds of Rose Corporation for $52 million at par and classified the securit

sineoko [7]

Answer:

Transaction gain = $16 million

Explanation:

Given:

Purchase amount = $52 million

December 31, 2021, bonds value = $46 million

October 3, 2022, bonds sold = $62 billion

Computation:

Using multi-step approach

Transaction gain = October 3, 2022, bonds sold - December 31, 2021, bonds value

Transaction gain = $62 million - $46 million

Transaction gain = $16 million

5 0

3 years ago

The local fire department is using a selection test to measure the ability to continue maximum effort requiring prolonged effort

Airida [17]

The type of physical ability is the fire department measuring is called “Stamina”.

Strength is one thing, the ability to continue exerting the same amount of strength over time is called stamina. Stamina is important especially in quick-response jobs which usually cater to emergencies

6 0

3 years ago

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