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3 years ago

Furniture sold to nikesh and receive cheque journal entries

Business

1 answer:

Savatey [412]3 years ago

4 0

Answer:

Nikesh's account debit

To sales account

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Suppose you win the Publishers Clearinghouse $10 million sweepstakes. The money is paid in equal annual end-of-year installments

Ludmilka [50]

Answer:

the actual worth today is $5,124,150.29

Explanation:

The computation of the actual worth today is as follows:

= (Year end annual payments) ÷ (rate of interest) × (1 - (1 + rate of interest)^-time period

= ($333,333.33) ÷0.05 × (1 - (1 + 0.05)^-30

= $5,124,150.29

hence, the actual worth today is $5,124,150.29

The above formula should be applied

7 0

3 years ago

Florida Berry Basket harvests early-season strawberries for shipment throughout the eastern United States in March. The strawber

hjlf

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The selling price is $110 per crate, variable costs are $90 per crate, and fixed costs are $272,000 per year. In the year 2008, Florida Berry Basket sold 49,000 crate.

Sales= 110*49,000= 5,390,000

Variable costs= 4,410,000 (-)

Contribution margin= 980,000

Fixed costs= 272,000 (-)

Net operating income= 708,000

6 0

3 years ago

Longview Manufacturing Company manufactures two products (I and II). The overhead costs ($60,500) have been divided into three c

Mila [183]

Answer:

a. $8,000.

Explanation:

The computation of the amount of overhead cost assigned to the product I is shown below:

= $40,000 ÷ 2,500 × $500

= $8,000

Hence, the amount of overhead cost assigned to the product I is $8,000

Therefore the correct option is a.

7 0

3 years ago

Baker Corporation applies manufacturing overhead on the basis of direct labor-hours. At the beginning of the most recent year, t

Lana71 [14]

Answer:

Overhead rate is $30.4

So option (c) is correct option

Explanation:

We have given total estimated overhead = $85120

Estimated direct labor hours = 2800

Actual manufacturing overhead for the year = $86870

Actual labor hour = 2700

We have to find overhead rate for the year

Overhead rate is equal to the ratio of estimated overhead to estimated labor hour

Therefore overhead rate $=\frac{85120}{2800}=30.4$ $

So option (c) is correct

3 0

3 years ago

slavikrds [6]

Answer: the variety of outputs

Explanation:

Process focus is a startegy on low volume, high variety. Mass customization is the ability of a company to mass produce products efficiently in order to meet the wants and needs of the customers.

One of the similarities between product focus and mass-customization is the variety of product.

4 0

3 years ago

Furniture sold to nikesh and receive cheque journal entries​

Furniture sold to nikesh and receive cheque journal entries