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Sloan [31]
2 years ago
12

Ruiz Engineering Contractors incurred service salaries and wages of $37,700 ($27,300 direct and $10,400 indirect) on an engineer

ing project. The company applies overhead at a rate of 27% of direct labor. Record the entries to assign service salaries and wages and to apply overhead. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.)
Business
1 answer:
olganol [36]2 years ago
5 0

Explanation:

hope I'll help you mark me as brainliest

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If a gain of $7,600 results from selling (for cash) office equipment having a book value of $55,100, the amount reported in the
Alisiya [41]

The amount reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is $7,600.

<h3>Cash flow from operating activities sections:</h3>

Based on the information given the amount that will be reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is the gain amount of $7,600.

This  gain is the gain from selling office equipment and this amount must be deducted from net income in the operating activities section of the statement of cash flows.

The reason why we have to deduct the $7,600 is because under accrual basis of accounting  the amount represent a noncash addition to net income.

Inconclusion the amount reported in the Cash Flows from (used for) Operating Activities section of the statement of cash flows using the indirect method is $7,600.

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2 years ago
Economists generally agree that increases in the minimum wage increase employment.a. TRUEb. FALSE
andreyandreev [35.5K]

Answer:

b. FALSE

Explanation:

Economists do not have a unanimous consensus that an increase in the minimum wage will cause greater employment opportunities. In fact, the opposite is the case because research shows that when the minimum wage is increased, there is less demand for low-skill workers. Given that these firms would be paying more, they would want to only employ those that have a high-skill set and thus save their organization of some funds. Since businesses are not charity organizations, they must make decisions that will benefit them.

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3 years ago
Counterfeit questions are associated with which gibb component? select one:
ruslelena [56]
The answer is d. strategy
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3 years ago
Which strategy encompasses a high level of interdependence of subunits for some operation decisions combined with high degrees o
DanielleElmas [232]

Operational strategy is the strategy encompasses a high level of interdependence of subunits for some operation decisions combined with high degrees of centralization for others.

<h3>What is operation strategy?</h3>

Operations strategy is the total path of company's or organization decisions making strategy which help to reshape the long-term capabilities of several operations and their contribution to the overall strategy to the growth of the firm.

Therefore, Operational strategy is the strategy encompasses a high level of interdependence of subunits for some operation decisions combined with high degrees of centralization for others.

Learn more about operational stategy below.

brainly.com/question/13850520

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2 years ago
Explain the importance of the marketing function of promotion.
CaHeK987 [17]

Answer:it helps people business I guess

Explanation:

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