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3 years ago

What does mean about "what technical skills and knowledge areas are your strongest?

1 answer:

7 0

This question is usually asked during job interviews. The interviewer wants to know what skills and knowledge do you have that will help him/her tell if the job is really suitable for you. You will just have to enumerate the technical skills you are confident on based on your experience and previous lessons.

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Prepare journal entries to record the following production activities.

blagie [28]

Answer:

1.Dr Work in progress inventory75,000

Dr Payable Factory payroll 75,000

2. Dr Factory overhead 20,000

Cr Factory Payroll Payable 20,000

3. Dr Factory wages payable 95,000

(75,000+20,000)

Cr Cash 95,000

Explanation:

Preparation to record Journal entry

1. Since the amount of $75,000 was been Incurred of the direct labour production this means we have to record the transaction as :

Dr Work in progress inventory75,000

Dr Payable Factory payroll 75,000

2. Since the amount of $20,000 was Incurred of indirect labor in production this means we have to record the transaction as:

Dr Factory overhead 20,000

Cr Factory Payroll Payable 20,000

3. Since factory payroll was paid the transaction will be recorded as :

Dr Factory wages payable 95,000

(75,000+20,000)

Cr Cash 95,000

5 0

3 years ago

The beginning inventory is 52,800 units. All of the units that were manufactured during the period and 52,800 units of the begin

Kazeer [188]

Answer:

a. As per the situation sales exceed production absorption costing income from operations is lesser than variable costing income from operations.

b. $776,160

Explanation:

a. As per the situation sales exceed production absorption costing income from operations is lesser than variable costing income from operations

b. Given that

Beginning inventory = 52,800

Fixed manufacturing costs = $14.70 per unit

Total Beginning inventory = Beginning inventory × Fixed manufacturing costs

= 52,800 × $14.70 per unit

= $776,160

5 0

3 years ago

Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is? Why? E

ArbitrLikvidat [17]

Answer:

Net profit is more important to consider because it accounts for all the costs associated with making and selling the product and it includes the operating expenses that are excluded from gross profit. Gross profit is the profit made after deducting costs associated with making and selling its products, or the costs associated with providing its services.

6 0

3 years ago

Read 2 more answers

In order to solve abb's problem, the company needed a new technology that could ______

IrinaK [193]

In order to solve abb's problem, the company needed a new technology that could change the companies organizational culture. In many cases, changing how an organization runs and treats their employees gives them advantages to tailor ideas to what fits their employees best. When the culture of an organization aligns their values with the employees there is better work and ideas forming.

4 0

3 years ago

Tangshan Mining Company, with a cost of capital of 10 percent, is considering investing in project A, with an initial investm

alexdok [17]

Answer:

the breakeven cash inflow for the project is $131474

Explanation:

given data

cost of capital = 10 percent

initial investment = $1,000,000

useful life = 15 year

to find out

the breakeven cash inflow for the project

solution

first we consider here annual cash inflows that is = x

now break even point is the one at which the net present value of the project = 0

so we can say that here

Present value of cash inflows - Present value of cash outflows = 0 .................1

here we know Present value of cash inflows = x × PVAF ( 10%,15 years)

Present value of cash inflows = x × 7.6060

put value in equation 1 we get

x × 7.6060 - $1,000,000 = 0

solve and we get x

x = $\frac{1,000,000}{7.6060}$

x = $131474

so the breakeven cash inflow for the project is $131474

7 0

3 years ago