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grandymaker [24]
2 years ago
12

Information for Pidris Metalworks as of December 31 follows. Prepare (a) the company's schedule of cost of goods manufactured fo

r the year ended December 31; (12 Points).(b) prepare the company's income statement that reports separate categories for selling and general and administrative expenses. (12 Points).
Business
1 answer:
Julli [10]2 years ago
7 0

Answer: hello your question is incomplete attached below is the missing data. ( first image )

answer:

Attached below

Explanation:

A) company's schedule of cost of goods manufactured for year ended

attached below is the required schedule ( second Image )

B) Company's income statement

attached below is the company's income statement ( Image 3 and 4 )

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galben [10]

Answer:

C : Tables

Explanation:

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8 0
2 years ago
A sales tax is sent to the government by
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Answer:A sales tax is a consumption tax imposed by the government on the sale of goods and services. A conventional sales tax is levied at the point of sale, collected by the retailer, and passed on to the government. A business is liable for sales taxes in a given jurisdiction if it has a nexus there, which can be a brick-and-mortar location, an employee, an affiliate, or some other presence, depending on the laws in that

Explanation:

6 0
3 years ago
Beridze manufacturing expects to produce​ 2,400 units in january and​ 3,700 units in february. beridze budgets​ $45 per unit for
sladkih [1.3K]
We have that the january units cost 2400*45=108000$. Also, February's cost is going to be 3700*45=166500$. We have that for January, the ending balance needs to be 70% of the stock for February. Hence, it needs to be 70%*166500=116500$. Hence, we will need to pay for the units 108000$ and also 116500$; Thus, the total money that needs to be invested in January is 224500$. However, we already have 37250$, so the total inflow of money is 187250$. Hence, the correct choice is that on January we need 187300$.

(For February, we need to put in 166500$ and also 51800 need to be available at the end of the month. Thus, the total cost needs to be 218300$. However, 116500$ are already available from January. Hence, the total inflow for February is 101800$.
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6 0
2 years ago
Read 2 more answers
Explain why the marginal revenue curve facing a competitive firm differs from the marginal revenue curve facing a monopolist. un
ycow [4]

The correct answer to this question is that:

In a monopoly, “the monopolist must lower the price on all units to sell one more unit of output”.

This means that in a monopoly market, if we increase the amount of output without lowering the price, the marginal revenue decreases. Therefore marginal revenue is indirectly proportional to number of outputs.

In a perfect competition however, the marginal revenue is constant to any amount of output.

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8 0
3 years ago
Stein agrees to pay Choi and Amal $10,000 each for a one-third (33 1/3%) interest in the Choi and Amal partnership. Immediately
sladkih [1.3K]

Answer:

Journal entry to record Stein's purchase of the partners' interest.

                                                 Dr.                                    Cr

Cash                                      $10,000

Stein Capital                                                                 $10,000

Explanation:

Admission of new partner in the partnership will not effect the balance of other partners. It will effect the percentage share between the partners only

6 0
3 years ago
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