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3 years ago

Dont mind the stupi.d grade i got on it. hehe

Business

2 answers:

kolbaska11 [484]3 years ago

6 0

Answer: well they got a 0%

its okay we all get mistakes but you'll do better later, did u need help on something

Explanation:

bulgar [2K]3 years ago

3 0

Answer:

What grade did you get? I'm confused

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Suppose 40 percent of all potential workers are highly skilled and contribute $50,000 to the firm each year. The remaining 60 pe

lukranit [14]

Answer:

The firm willing to pay a worker chosen at random an amount of $38,000.

Explanation:

This can be calculated as follows:

Amount the firm is willing to pay = (40% × $50,000) + (60% × $30,000) = $20,000 + $18,000 = $38,000.

Therefore, the firm is willing to pay a worker chosen at random an amount of $38,000.

3 0

3 years ago

Problem 1-4A (Video) The following data were taken from the records of Clarkson Company for the fiscal year ended June 30, 2020.

Nonamiya [84]

Answer:

The question is missing cash value to the tune of $39200.00

The statement of goods manufactured schedule has $400,620.00 as the costs of goods manufactured

Secondly, the income statement has $ 77,380.00 as gross profit.

Lastly, the balance sheet has total current assets as $165,100.00.

Find details in the attached excel file.

Explanation:

Please note that items relating net income were omitted as there was no requirement to calculate net income for the year,only gross profit is required.

Download xlsx

3 0

3 years ago

"estimated data for lorien company for year 1 are as follows: total manufacturing overhead: $650,000 direct labor hours: 130,000

sattari [20]

Answer: Lorein company's actual manufacturing overhead is greater than applied manufacturing overhead, so overhead has been under-applied to the extent of $100,000.

We have:

Estimated Manufacturing overhead = $650,000

Estimated Direct Labor hours = 130,000 hours

Actual Manufacturing Overhead = $650,000

Actual Direct Labor hours = 110,000 hours.

Calculation of Estimated (Predetermined) Overhead rate:

$Estimated overhead rate =\frac{Estimated overhead}{Estimated labor hours}$

$Estimated overhead rate = $5 (650,000/130,000)$

Calculation of Applied manufacturing overhead:

$Applied overhead = Estimated overhead rate * Actual production hours [/tex][tex] Applied overhead = $550,000 (5 * 110,000)$

Calculation of underapplied or overapplied manufacturing overhead:

Under or over applied overhead = Actual Overhead - Applied Overhead

If actual overheads are less than applied overheads, then overheads have been over-applied.

If actual overheads are more than applied overheads, then overheads have been under-applied.

In this case,

$Actual overhead - Applied overhead = 650000 - 550000 = $100000$

5 0

3 years ago

Orlando Inc. offers a bond with a coupon of 6.5% with semiannual payments and a yield to maturity of 6.99%. The bonds mature in

Fudgin [204]

Answer:

d. $970.36

Explanation:

The market price of the bond (Pv) can be calculated as follows :

Pmt = ($1,000 × 6.5%) ÷ 2 = $32.50

P/yr = 2

i = 6.99%

n = 8 × 2 = 16

Fv = $1,000

Pv = ?

Using a Financial calculator to enter the values as above, the market price of the bond (Pv) is $970.3583 or $970.36.

7 0

4 years ago

Direct Materials Used in Production Slapshot Company makes ice hockey sticks. On June 1, Slapshot had $42,000 of materials in in

sp2606 [1]

Answer:

$118,000

Explanation:

The formula and the estimation of the direct material used is shown below:

Direct material used = Starting raw material balance + purchase made during the year- ending raw material balance

= $42,000 + $127,000 - $51,000

= $118,000

Adding the purchased amount and deducting the ending raw material balance to the beginning raw material balance for computing the direct material used

4 0

3 years ago