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nata0808 [166]
2 years ago
10

Jansen Company reports the following for its ski department for the year 2019. All of its costs are direct, except as noted. Sal

es $ 605,000 Cost of goods sold 425,000 Salaries 115,000 ($25,200 is indirect) Utilities 14,500 ($5,800 is indirect) Depreciation 48,600 ($17,500 is indirect) Office expenses 28,200 (all indirect) 1. Prepare a departmental income statement for 2019. 2.
Business
1 answer:
ElenaW [278]2 years ago
3 0

Answer:

Please find the attached file for the complete solution:

Explanation:

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g This year, Nilo Inc. granted nonqualified stock options to 230 employees. For financial statement purposes, Nilo recorded a $1
serg [7]

Answer:

temporary unfavorable book/tax difference

Explanation:

Given that

There is an unqualified stock options for 230 employees

And, the expenses are recorded at $179,200

So based on the above information the nike have temporary also adverse book or tax difference

as this given transaction does not represent the permanent one so it should be considered as temporary

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3 years ago
Have you ever bought an item you didn't plan to? If yes, why do you think that happened?​
navik [9.2K]

Answer:

Yes, I have absolutely no control when it comes to shopping.

Explanation:

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2 years ago
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a manager has been asked to approve a marketing campaign that promotes food products to children and is concerned that the food
bulgar [2K]

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8 0
1 year ago
The ABC Corporation makes collections on sales according to the following schedule: 25% in month of sale 71% in month following
Sedbober [7]

Answer:

Budgeted cash collection in June=$110,300

Explanation:

Budgeted cash collection in June will be determined as follows:

<em>Month of sale collection</em>

= 25%×June sales = 25%× 100,000= 25,000

<em>Month following sales collection</em>

71%× May sales= 71% × 110,000 = 78,100

<em>Second month following sales collection</em>

4%× April Sales = 4%× 180,000= 7200

Budgeted cash collection in June=  25,000 + 78,100  + 7200 =110,300

Budgeted cash collection in June=$110,300

6 0
2 years ago
After the accounts have been adjusted at April 30, the end of the fiscal year, the following balances were taken from the ledger
Amanda [17]

Answer:

Explanation:

Apr-30

Dr Felix Godwin, Capital 20,055

Dr Fees earned 381,030

    Cr Wages expense 294,900

    Cr Rent expense 70,800

    Cr Supplies expense 26,540

    Cr Miscellaneous expense 8,845

Apr-30

Dr Felix Godwin, Capital 38,000

   Cr Felix Godwin, Drawing 38,000

3 0
2 years ago
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