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Lynna [10]
3 years ago
9

A materials requisition slip showed that direct materials requested were $36000 and indirect materials requested were $6000. The

entry to record the transfer of materials from the storeroom is__________-
Business
1 answer:
Svetlanka [38]3 years ago
5 0

Answer:

The entry to record the transfer of materials from the storeroom is

Debit Work in process                                 $ 36,000

Debit Factory overhead control                  $   6,000

Credit Material Account                               $ 42,000

The material is accounted in material stock account when purchase. Latter if material is used directly it is taken in work in process account. Indirect material is accounted in FOH account.

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Use the following information to answer the next two questions: A company had the following transactions during September, the f
horsena [70]

Answer: 326,500

I’m not 100% sure why,but I had the same question on an assignment and that was the answer.

4 0
3 years ago
Residual Claims Haung. Inc; is obligated to pay its creditors $10,700 very soon.1. What is the market value of the shareholders
frosja888 [35]

Answer and Explanation:

The computation of the shareholder equity for each case is shown below:

a. For case one

As we know that

Total assets = Total liabilities + stockholder equity

$9,900 = $10,700 + stockholder equity

So, the stockholder equity is

= $10,700 - $9,900

= $800

b. For case two

Total assets = Total liabilities + stockholder equity

$9,990 = $10,700 + stockholder equity

So, the stockholder equity is

= $10,700 - $9,990

= $710

8 0
3 years ago
The owner of a successful restaurant has gotten bored with his business. He
marta [7]

Answer:

my best guess would be C.

5 0
3 years ago
Read 2 more answers
Jordan Broadcasting Company is going public at $50 net per share to the company. There also are founding stockholders that are s
mel-nik [20]

Answer:

a) Immediate dilution based on the new corporate shares that are being offered:

The prompt dilution of the EPS dependent on the issue of new offers would be the EPS registered after the issue. The post issue EPS or dilution EPS will be figured by isolating the income profit with the quantity of offers remarkable on the remainder of day of the budgetary year.

Compute the EPS and diluted EPS as below:

EPS = Earning + Number of shares outstanding

EPS = $26 million + 11 million shares

EPS = $2.36

Diluted EPS = Earnings + Number of shares outstanding

Diluted EPS = $26 million- (11 million + 3 million)

Diluted EPS = $1.86

b) Compute the stock price:

The stock cost of a Share will be figured by duplicating the EPS with the PE multiple. In the given information, the PE multiple is 30 and the new EPS is $1.86. Subsequently, the stock cost would be:

Stock price = EPS x PE

Stock price =$1.86 x 30

Stock price = $55.80

(c) The establishing investors will likely not be satisfied on the grounds that they get a cost of $50 and estimation of stock following contribution is $55.80. They wish that offering value at first would be more.

8 0
3 years ago
Mystery of the Red Truck
Misha Larkins [42]

The locals didn´t know that the red truck had an old driver, so the answer is False.

To know specific data about a story we must have good reading comprehension to understand every detail of the history of the text. Some tips to improve our reading comprehension are:

  • Read slowly.
  • Be analytical with the text.
  • Take note of the details.
  • Read daily.

These tips will help us to have better reading comprehension. Now it is time to use these tips to identify if the locals knew the truck driver, it is necessary to reread the text and pay careful attention to each of his sentences. Some phrases that can help us solve this question are:

  • We're all quite worried about a truck with no driver
  • If it had been going slower, I would've had a chance to see the driver.

According to these sentences, it can be inferred that none of the locals saw the driver, so they cannot know if the driver was old or young or what characteristics he had.

Note: This question is incomplete because the text is incomplete and the question is missing. Here is the complete information:

A witness at the crime scene told police: “There was a loud noise coming from the truck while it was going towards the building and its speed.... it was unbelievable. If it had been going slower, I would’ve had a chance to see the driver. But all I saw was the truck speeding into the bakery as fast as it could. ’’

The police have already spoken with eleven other residents but no one knows any further details about the incident. Superintendent Amanda Slippers remarked: “This is a tough case. The truck licence plate belongs to this town, but nobody has seen it here. According to the town records, the owner of the truck moved away from here years ago. No one knows where to. If we located the owner, we'd probably solve this mystery.’’

If a truck moves, then it has a driver. Well, maybe we should change this basic assumption on account of this mysterious red truck.

The locals knew that the red truck had an old driver.

True

False

Learn more about Red Truck in: brainly.com/question/1154046

3 0
2 years ago
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