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Zina [86]
3 years ago
13

Income Statement Wayne Corporation had the following revenue and expense account balances (in millions) for a recent year ending

May 31:
Depreciation Expense $925
Fuel Expense 3,228
Maintenance and Repairs Expense 1,573
Other Expense 4,995
Provision for Income Taxes 805
Purchased Transportation 1,203
Rentals and Landing Fees 1,748
Revenues 24,698
Salaries and Employee Benefits 8,815
Prepare an income statement.
Business
1 answer:
stiv31 [10]3 years ago
5 0

Answer:

                                       Income Statement

Revenue                                                                 $24,698

Expenses

Salaries and employee benefits      $8,815

Purchased Transportation                $1,203

Fuel Expense                                     $3,228

Rental and landing fees                     $1,748

Depreciation Expense                       $925

Maintenance and repairs expense   $1,573

Provision for income taxes                $805

Other expense (revenue) net            <u>$4,995</u>

Total Expenses                                                        <u>$23,292</u>

Net Income                                                               <u>$1,406</u>

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Answer:

See answers below

Explanation:

1 The predetermined overhead rate

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= 56,500 + 140,000 + 46,400 + 27,750

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Overhead rate = 270,650 / 19,200

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3 years ago
A product's package, guarantees, mass-media advertising for the product, direct marketing for the product, and the selection of
jek_recluse [69]

Answer:

The correct answer is D) marketing inputs.

Explanation:

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Input is a term applied in the field more than all economic and marketing, but basically it can be said that an input is any element that represents a fraction in the development of a product, understood as a product, everything that is produced for a given end. An input is all that material used in the manufacture of something larger, usually we associate it with the basic diet, this is because the ingredient of a food, however edible, individually, does not represent a complete food bolus, with a Standard regulation of each of its components, so it is considered as an input, as part of a whole.

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ice Manager uses a Periodic Review Inventory System: they check the inventory in the Office Supply Closet once every 10 days, pl
gladu [14]

Answer:

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Let plug in the formula

Minimum Restocking Level= (70 days × 10 days) + (70 days × 3 days)

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The case mentions that deutsche telekom has invested heavily in huawei’s services because it came at a competitive price. Based
Flura [38]

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<h3>What is an outsourcing?</h3>

This refers to the business practice of hiring a party outside a company to perform services or create goods that were traditionally performed in-house by the company's own employees and staff. Most time, it is a business practice that are usually is undertaken by companies as a cost-cutting measure, thus, it can affect a wide range of jobs from customer support to manufacturing to the back office.

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