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lapo4ka [179]
3 years ago
8

Bravo inc owns 20,000 of the 40,000 outstanding shares of bello, inc. common stock. During 2021, Bello earns 1,200,000 and pays

cash dividends of 960,000. IF the beginning balance in the investment account was 750,000, the balance at December 31, 2021 should be:_______
Business
1 answer:
stealth61 [152]3 years ago
4 0

Answer:

the  ending balance of the investment account is $870,000

Explanation:

The computation of the ending balance of the investment account is shown below:

= Beginning balane + [(earns - dividend) × (owns shares ÷total shares)]

= $750,000 + [($1,200,000 - $960,000) × (20,000 ÷ 40,000)]

= $750,000 + $120,000

= $870,000

Hence, the  ending balance of the investment account is $870,000

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Non-manufacturing costs include a.indirect materials. b.overhead. c.marketing and administration. d.direct materials.
Vlad [161]

Answer:

C. Marketing and administration

Explanation:

Non manufacturing cost are cost that are not related to the production process.

Non manufacturing cost are period cost which are treated as expenses and deducted from the revenue of the period  in which they are incurred. Non manufacturing cost includes selling expenses, distribution expenses, administration expenses, marketing expenses and all other expenses that is related to trading and not manufacturing.  

7 0
3 years ago
An electronic exchange is an electronic forum where manufacturers, suppliers, and competitors buy and sell goods, trade market i
Natalija [7]

Answer:

False

Explanation:

Buyers and Sellers do not physically see each other

7 0
3 years ago
Gordon Company's controller, Eric Junior, estimated the following formula, based on monthly data, for overhead cost:
Vedmedyk [2.9K]

Answer:

Gordon Company

Overhead Cost = $150,000 + ($52 x Direct Labor Hours)

Budgeted overhead cost For next month = $150,000 + ($52 x 8000)

                                                                    =$ 150,000+ 416,000

Budgeted overhead cost For next month= $ 566,000

Budgeted overhead cost For next quarter =$150,000 + ($52 x 23,000)

                                                        =$ 150,000+ 1196,000

Budgeted overhead cost For next quarter = $ 1346,000

Budgeted overhead cost For next year =$150,000 + ($52 x 99,000)

                                                             = =$ 150,000+ 5148,000

Budgeted overhead cost For next year= $ 5298,000

5 0
4 years ago
A man, who looked about 45 years old, gave a cashier at a grocery store the Special Supplemental Nutrition Program for Women, In
Paladinen [302]

Answer:

He has a teenage daughter that was pregnant or with a little child.

Explanation:

The Special Supplemental Nutrition Program for Women, Infants, and Children (WIC) vouchers are vouchers provided by the federal government to states to ensure that low income pregnant teenager or women, infants and children have access to supplemental food, healthcare, etc. This is in a bid to ensure that every pregnant woman, their children or infants are well taken care of and have access to better health system among other things.

These vouchers cater for over millions of people through their over 40,000 merchants all over the world.

Cheers.

8 0
3 years ago
Read 2 more answers
What’s the degree to which we like or appreciate others?
Valentin [98]

Answer:

is the degree to wish people or appreciate one another

Explanation:

5 0
3 years ago
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