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lora16 [44]
3 years ago
10

[The following information applies to the questions displayed below.] The following information is available for Lock-Tite Compa

ny, which produces special-order security products and uses a job order costing system. April 30 May 31 Inventories Raw materials $ 43,000 $ 52,000 Work in process 10,200 21,300 Finished goods 63,000 35,600 Activities and information for May Raw materials purchases (paid with cash) 210,000 Factory payroll (paid with cash) 345,000 Factory overhead Indirect materials 15,000 Indirect labor 80,000 Other overhead costs 120,000 Sales (received in cash) 1,400,000 Predetermined overhead rate based on direct labor cost 70 % Raw materials purchases for cash. Direct materials usage. Indirect materials usage. Prepare journal entries for the above transactions for the month of May.
Business
1 answer:
skelet666 [1.2K]3 years ago
8 0

Answer:

Journals have been prepared below !

Explanation:

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What is the difference between legitimate and illegitimate compulsion for enrique dussel? Does he consider both to be violence?
KATRIN_1 [288]

Dussel does not consider legitimate compulsion to be malicious, on the other hand he considers illegitimate compulsion.

4 0
4 years ago
State and city governments have promoted facilities where new businesses can open up shop and share common services such as secr
denis-greek [22]

Answer:

Incubators

Explanation:

In north american context the incubators refers to small places for business provided on low rent.

Basically in the given context, the space for new shops for businesses is given by state and city government, this clearly states that because of involvement of government the prices of such place would be really low as compare to private rental spaces.

This provides that because of this facility incubators will grow.

6 0
3 years ago
Costly Corporation is considering a new preferred stock issue. The preferred would have a par value of $1000 with an annual divi
shutvik [7]

Answer:

28.63%

Explanation:

The computation of the cost of preferred stock is shown below:

Cost of the preferred stock = Dividend ÷ Price of the stock

where,

Dividend is

= $1,000 × $15%

= $150

And, the price of the stock is

= Market value of the stock - flotation cost

= $576 - $52

= $524

So, the cost of preferred stock is

= $150 ÷ $524

= 28.63%

We ignored the marginal tax rate i.e 40%

3 0
3 years ago
Which of the following is an example of the proper noun a region B Western States see National map
Luden [163]
The answer is 

B) Western States

a proper noun is a person place or thing that has capital letters (Susan, Oklahoma, etc.)
4 0
4 years ago
Read 2 more answers
Art is a self-employed installer of home entertainment systems, and he drives his car frequently to installation locations. Art
kap26 [50]

Answer:

Explanation:

The expenses that Ryan can deduct for the business trips he had is calculated by summing up the expenses he had with regards to gasoline and the depreciation.

Cost of gasoline = (3,760 miles)($1,590/18,800 miles) = $318

Cost of depreciation = $4,800

Adding the costs will give us an answer of $5118.

Answer: $5,118

3 0
3 years ago
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