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zvonat [6]
3 years ago
14

From the list below, select the items that are classified as a materials activity. (You may select more than one answer. Single

click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.)
Raw materials used
Raw materials beginning inventory
Raw materials purchases
Work in process beginning inventory
Goods manufactured
Direct labor used
Factor overhead used
Business
1 answer:
Sonbull [250]3 years ago
4 0

Answer and Explanation:

The classification is as follows:

Under Materials activity  

Opening balance of Raw materials inventory

Purchase of the Raw materials purchases

Under Production activity:

OPening balance of Work-in process inventory

Raw material used

Direct labor used

Factory overhead used

Under Sales activity:

Goods manufactured

In this way it should be categorized

Hence, the same should be relevant

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Suppose that a bank has accepted $20,000 in checking deposits, $40,000 in savings deposits, has $10,000 in cash reserves, and ma
Readme [11.4K]

Answer:

16.71%

Explanation:

The computation of the bank reserve ratio is shown below:

= Cash reserves ÷ total deposits × 100

where,

Cash reserve is $10,000

And, the total deposits would be

= Checking deposits + saving deposits

= $20,000 + $40,000

= $60,000

Now put these values to the above formula

So, the ratio would equal to

= $10,000 ÷ $60,000 × 100

6 0
2 years ago
If Luis works 40 hours each week and makes minimum wage of $10.10 an hour, what is his gross pay for 1 paycheck if he gets paid
Mice21 [21]

Answer:

$808

Explanation:

$10.10*80 hours (two weeks)=$808

7 0
3 years ago
Read 2 more answers
anita is assigned to appraise a house in an area with very few sales over the past year. one of the comparable properties she ch
Vaselesa [24]

The action that Anita would have to take for the result of the foreclosed sale would be to Make a positive adjustment to the sales price of the foreclosed home.

<h3>What is a house appraisal?</h3>

This is the term that is used to refer to the unbiased opinion that Anita is going to have about this house. It is based on her professional opinion. The appraisal is required when there is a need to buy a property or to sell one.

In this question the action that has to be taken would be to Make a positive adjustment to the sales price of the foreclosed home.

Read more on appraisals here:

brainly.com/question/7595736

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3 0
2 years ago
Cemptex Corporation prepares its statement of cash flows using the indirect method to report operating activities. Net income fo
Romashka-Z-Leto [24]

Answer and Explanation:

The preparation of the operating activities section is shown below:

Particulars                                               Amount

Cash flow from operating activities

Net income for the fiscal year               $719,000

Adjustment for non-cash effects:  

Depreciation and amortization             $86,000

Changes in operating assets and liabilities:

Add: Decrease in accounts receivable  $41,000

Less: Increase in inventories                   ($11,100)

Less: Increase in prepaid expenses      ($10,400)

Add: Increase in salary payable              $11,900

Less: Decrease in income tax payable   ($17,000)

Net cash flows from operating activities  $819,400

5 0
3 years ago
A theater group made appearances in two cities. The hotel charge before tax in the second city was $500 lower than in the first.
Naddika [18.5K]

Answer:

Hotel charge in city 1= $5,250

Hotel charge in city 2= $4,750

Explanation:

A theater group made an appearance in two cities.

Let x represent the amount charged in the first city

Let y represent the amount charged in the second city

The hotel charge before tax in the first city is $500 lower than the second city

y= x-500......equation 1

The tax in the first city is 8%

= 8/100

= 0.08

The tax in the second city is 8.5%

= 8.5/100

= 0.085

0.08x + 0.085y= 823.75.........equation 2

Substitute (x-500) for y in equation 2

0.08x + 0.085(x-500)= 823.75

0.08x + 0.085x - 42.5= 823.75

Collect the like terms

0.08x + 0.085x= 823.75+42.5

0.165x= 866.25

x= 866.25/0.165

x = 5,250

Substitute 5250 for x in equation 1

y= x-500

y= 5,250-500

y= 4,750

Hence the hotel charge in city 1 is $5,250 and the hotel charge in city 2 is $4,750

4 0
3 years ago
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