All categories

3 years ago

Levine Inc., which produces a single product, has prepared the following standard cost sheet for one unit of the product.

1 answer:

4 0

Hi! I don’t know what any of this means but I hope you have an amazing day and I hope god/allah/etc. blesses you :)
sorry I couldn’t answer

You might be interested in

The difference between the economic impact upon a municipality by a convention center as opposed to a stadium or arena built for

jarptica [38.1K]

Answer:

increase presence of visitor spending

Explanation:

hope the answer satisfies

7 0

3 years ago

Q 8.2: On June 15th, Buehler Company sells merchandise on account to Chaz Co. for $1,000, terms 2/10, n/30. On June 20th, Chaz C

Pavel [41]

Answer:

C : $686

Explanation:

The computation of the cash received amount is shown below:

= (Sale value of merchandise - returned merchandise) × (100 - discount rate)

= ($1,000 - $300) × (100 - 2%)

= $700 × 98%

= $686

Since the payment is made within 30 days, so the company could avail the discount of 2% and the return goods should be deducted so that the actual amount of cash received can come.

8 0

3 years ago

Based on the following information, what is the balance on the financial account? Exports of goods and services = $5 billion Imp

Olegator [25]

Answer:

3 billion

Explanation:

the financial account will be the cash inflow less the cash outflow:

Increase in foreign holdings of assets in the United States = $4 billion Increase in U.S. holdings of assets in foreign countries = -$1 billion

4 billion of dollar enter the US from aboard while 1 billion left the country with destination aboard in total the financial account will be:

4 billion - 1 billion = 3 billion

4 0

4 years ago

Broadband, Inc., an Internet service provider, supplies information to the Federal Trade Commission concerning possible unfair o

gregori [183]

Answer:

immune to liability

Explanation:

Based on the information provided within the question it can be said that the Under federal law, Broadband is immune to liability. This means that they are not obligated to take responsibility for the consequences that may arise from the information that they have provided. Similar to the The Whistleblower Protection Act of 1989 which protects employees from liability when providing information about the illegal actions of their employer.

8 0

3 years ago

The Plant Assets account and Accumulated Depreciation -- Plant Assets account of Star Media show the following:

Katen [24]

Answer:

The statement of cash flows should Star Media report the sale of plant assets under investing activities and the sale value is $31,000.

Explanation:

The cash flow statements deal with three types of statements which include operating activities, investing activities, and financing activities.

The operating activities record those transactions which impact the working capital or we can say increase or decrease in the current assets and current liabilities.

The investing activities deal with the purchase and sale of fixed assets

The financing activities deal with the issue of shares, repayment of the debt, etc.

So,

The cash flow of Star Media should report the sale of plant assets under investing activities

And, the selling value of assets is calculated by using an equation which is shown below:

= Disposal value of plant - accumulated depreciation of disposal - loss on the sale of assets

= 52,500 - 10,500 - 11,000

= $31,000

Hence, the statement of cash flows should Star Media report the sale of plant assets under investing activities and the sale value is $31,000.

8 0

3 years ago