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3 years ago

7

The manager of an air conditioning manufacturing plant wants to train their service installers on the steps to follow to install

the new units. Which visual aid listed below is the best option?

1 answer:

Naya [18.7K]3 years ago

7 0

Answer: can you please provide me with some options

Explanation:

No options are listed

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The following account balances were extracted from the accounting records of Thomas Corporation at the end of the year: Account

Hatshy [7]

Complete Questions:

The following account balances were extracted from the accounting records of Thomas Corporation at the end of the year: Accounts Receivable $1,105,000. Allowance for uncollectible accounts (credit) $37,000. Uncollectible-Account Expense $64,000 . What is the net realizable value of the accounts receivable?

A. $1,142,000

B. $1,169,000

C. $1,105, 000

D. $1,068,000

Explain

Answer:

Thomas Corporation

D. $1,068,000

Explanation:

1. Data and Calculations:

Accounts Receivable $1,105,000

less Allowance for uncollectible accounts (credit) $37,000

Net realizable value = $1,068,000

2. Thomas Corporation's Accounts Receivable balance is a debit balance and the Allowance for uncollectible accounts is a credit balance. Since the Allowance for uncollectible accounts is a contra account to the Accounts Receivable, when the two are netted, the balance is the net realizable value of the Accounts Receivable.

3. Thomas cannot include the Uncollectible-Account Expense of $64,000

in the computation of the net realizable value since it has been charged and closed to the income summary and as a temporary account, it cannot be treated as other permanent accounts.

7 0

3 years ago

$17,200 is invested, part at 6% and the rest at 2%. If the interest earned from the amount invested at 6% exceeds the interest e

dezoksy [38]

Solution:

Let x = amount invested at 6% and

let y = amount invested at 2%.

We can set up some equations that describe x and y:

"$17,200 is invested total" means

x + y = $17,200

"The interest earned from the amount invested at 6% exceeds the interest earned from the amount invested at 2% by $441.00" means

0.06x = 0.02y + $441.00

Solve for x in the first equation to get x = 17,200 - y, then plug that into the second equation and solve for y:

0.05(17,200 - y) = 0.02y + 441.00

860 - 0.06y = 0.02y + 865.35

5.35 - 0.09y = 0.02y

154.80 = 0.11 y

1407 = y

So, $1407 was invested at 2%. Plug y = 1407 into the first equation and solve for x:

x + 1407 = 17,200

x = 15,793

So, $15,793 was invested at 6%.

4 0

3 years ago

USSOCOM is focused on organizing, training, equipping and providing highly capable __________ special operations forces to geogr

ozzi

Answer:

The correct word for the blank space is: military.

Explanation:

The U.S. Special Operations Command or USSOCOM's primary mission is to organize train and equip military special operation forces (SOF) and provide such powers to commanders of the Geographical Combatant under whose operational control they operate.

7 0

3 years ago

Total assets are $1,450, fixed assets are $790, long-term debt is $750, and short-term debt is $300. What is the amount of curre

Bad White [126]

Answer:

A. $660

Explanation:

Total assets include current assets, fixed assets, and intangible assets Current assets include cash, stock, receivable account, etc. Fixed assets include plant & machinery, land, equipment, furniture & equipment, etc.

And the intangible assets are trademarks, copyrights, goodwill, and so$66 on.

The computation is shown below:

= Total assets - fixed assets

= $1,450 - $790

= $660

5 0

3 years ago

Overhead Variances, Four-Variance Analysis Oerstman, Inc., uses a standard costing system and develops its overhead rates from t

son4ous [18]

Answer:

Explanation:

1).

Fixed overhead rate = Budgeted fixed overhead / Budgeted direct labor hours = $585,280 / 496000 = $1.18 per hour

Standard hour per unit = 496000 / 124000 = 4 hours per unit

Standard hours for actual production = 119300 * 4 = 477200 hours

Budgeted fixed overhead = $585,280

Actual fixed overhead = $555,750

Fixed overhead applied = SH * Standard rate of fixed overhead = 477200 * $1.18 = $563,096

Fixed overhead spending variance = Budgeted fixed overhead - Actual fixed overhead

= $585,280 - $555,750 = $29,530 F

Fixed overhead volume variance = Fixed overhead applied - Budgeted fixed overhead

= $563,096 - $585,280 = $22,184 U

2).

Standard rate of variable overhead = ($813,440 - $585,280) / 496000 = $0.46 per hour

Actual rate of variable overhead = $260,700 / 494000 = $0.5277327935 per hour

Variable overhead spending variance = (SR - AR) * AH = ($0.46 - $0.5277327935) * 494000 = $33,460 U

Variable overhead efficiency variance = (SH - AH) * SR = (477200 - 494000) * $0.46 = $7,728 U

4 0

3 years ago