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2 years ago

Selected transactions for the Ecker Company are listed below.

Business

1 answer:

Ne4ueva [31]2 years ago

8 0

Answer:

Transaction # Classification

1. operating activity

2. financing activity

3. investing activity

4. non-cash activity

5. financing activity

6. operating activity

7. non-cash activity

8. investing activity

9. investing activity

10. operating activity

Explanation:

operating activity

These are daily trading activities generating cash such as sales to customers or repayments to suppliers.

investing activity

These are activities involving the purchase and sale of assets or investments

financing activity

These are activities involving raising of capital and repayments of capital there-off

non-cash activity

All transactions that do not include movement of cash fall in this category.

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Answer:

D. charging more for electricity on hot days.

Explanation:

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3 years ago

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18. You have $$42,180.53 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year un

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Answer:

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The Fixed deposits are in the form of an ordinary annuity.

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3 years ago

Tiger Furnishings produces two models of cabinets for home theater components, the Basic and the Dominator. Data on operations a

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Answer:

Basic = $140.82

Dominator = $392.216

Explanation:

For Basic:

Total cost for Basic:

= Direct materials costs + Direct labor costs + Manufacturing overhead

= $ 11,000 + $72,000 + $128,232

= $211,232

Per unit cost:

= Total cost for Basic ÷ Number of units produced

= $211,232 ÷ 1,500

= $140.82

For Dominator:

Total cost for Dominator:

= Direct materials costs + Direct labor costs + Manufacturing overhead

= $3,500 + $34,000 + $60,554

= $98,054

Per unit cost:

= Total cost for Basic ÷ Number of units produced

= $98,054 ÷ 250

= $392.216

Workings:

Manufacturing overhead (Basic):

= Manufacturing overhead costs × (Direct labor costs ÷ Total direct labor costs)

= $188,786 × ($72,000 ÷ $106,000)

= $128,232

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= Manufacturing overhead costs × (Direct labor costs ÷ Total direct labor costs)

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3 years ago

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Answer:

Deposits and other credits increasing the account during the period.

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Checks and other debits decreasing the account during the period.

Explanation:

A bank's monthly statement may be described as document showing transaction details which occurred on a bank account during a specified period of time. The monthly statement will include balance or amount in the account at the beginning of the period. The record of deposits and inflow of funds or credits in the account. The monthly statement will also include outflow, which are withdrawals and debits occurring on the account at the specified period of time. Also, the statement will include the balance at the end of the specified period of time.

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2 years ago

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Answer:

c. comparative advantage in

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3 years ago