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2 years ago

Question: SANDHILL CO. Balance Sheet Assets Cash $29,100 Supplies (a) Equipment (net) 61,000 Total assets $...

Business

1 answer:

Genrish500 [490]2 years ago

7 0

Answer:

Supplies and total assets is $6,800 and $96,900

Explanation:

The computation of the total asset is

= Cash + supplies + equipment

= $29,100 + supplies + $61,000

= $29,100 + $6,800 + $61,000

= $96,900

For total assets we have to determine the total of liabilities and equity i.e.

= Note payable + common stock + retained earnings

= $23,900 + 36,600 + $36,400

= $96,900

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Garza Corporation has two production departments, Casting and Customizing. The company uses a job-order costing system and compu

SCORPION-xisa [38]

Answer:

$57,400

Explanation:

The computation of the estimated total manufacturing overhead for the Customizing Department is shown below:

= Total fixed manufacturing overhead cost + Direct labor-hours × Variable manufacturing overhead per direct labor-hour

= $35,000 + 7,000 direct labor hours × $3.20

= $35,000 + $22,400

= $57,400

All other information that is given in the question is ignored.

7 0

3 years ago

Stubs-R-Us is a local event ticket broker. Last year, the company sold 750,000 tickets with an average commission of $10. Becaus

jok3333 [9.3K]

Answer:

$6,237,600

Explanation:

The computation of Estimate commission revenues is shown below:-

In the Coming year the market volume = 100% - 20%

= 80%

In the Coming year the number of sales = 100% - 8%

= 92%

In the coming year the Average commission per trade = 100% + 13%

= 113%

Commission revenue = Sold tickets × Average commission × In the Coming year the market volume × In the Coming year the number of sales × In the coming year the Average commission per trade

= 750,000 × $10 × 0.80 × 0.92 × 1.13

= $6,237,600

We applied the same formula to find out the commission revenue earned by the company

7 0

2 years ago

Can you help with 1040 form for acct 130 class

Len [333]

Answer:

what is the question lol? I could probably help you out !

6 0

2 years ago

Garavelli Industries granted restricted stock units (RSUs) representing 60 million of its $1 par common shares to executives, su

DedPeter [7]

$480 would be your answer because the fair value per share $8 x 60 mil = $480 the $480 mil total compensation is expensed equally over the three-year vesting period reducing earnings by $160 million each year :D

4 0

2 years ago

A rightward shift in aggragate Demand (for US) can be caused by which of the following Increase in consumer waelth, increase in

Rudiy27

Answer:

Option A Increase in consumer wealth

Explanation:

The reason is that when the consumer wealth increases his purchasing power increases which enables him to opt to items which greater in value and also that the person starts satisfying his personal needs and wants which means that the person is spending more and if the person is spending more then the aggregate demand of the product and services will increase. Furthermore the increase in taxes, costs and value of US dollar decreases the demand because it increases the prices of the product and increase in price of the product or services decreases the demand of the product both in the domestic and international market. So the right option is A.

5 0

2 years ago