All categories

3 years ago

Find using distributive property

1 answer:

6 0

Expand the equation.
Multiply (distribute) the first numbers of each set, outer numbers of each set, inner numbers of each set, and the last numbers of each set.
Combine like terms.
Solve the equation and simplify, if needed.

You might be interested in

The accounting records for Social Event Planning Services include the following select unadjusted balances on December 31, 2018

blsea [12.9K]

Answer:

$18,500

Explanation:

The computation of the balance of Service Revenue shown on the adjusted trial balance is shown below:

= Service revenue ending balance + accrued value

where,

Accrued value = $1,500 ÷ 3 = $500

And, the service revenue ending balance is $18,000

So, the Service revenue balance equal to

= $18,000 + $500

= $18,500

This is the answer but the same is not given in the options mentioned in the question.

3 0

3 years ago

The Connors Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixe

olga nikolaevna [1]

Estimated total cost at an operating level of 9,000 hours will be $38,200.

<h3><u>SOLUTION: -</u></h3>

As per high low method

Variable cost = Change in cost / Change in hours = (High cost - Low cost) / (High hours - Low hours).

Particular Cost Hours

High $42,000 10,000

Low $23,000 5,000

Change $19,000 5,000

Variable cost = $19,000 / 5,000

= $3.80 per hour

Fixed cost = Total cost - variable cost

= $23,000 - ( $3.80 × 5,000 )

= $23,000 - $19,000

= $4,000

Estimated total cost at an operating level of 9,000 hours

Fixed cost + Variable cost

= $4,000 + ( $3.80 × 9,000 hours)

= $4,000 + $34,200

= $38,200

Therefore, Estimated total cost at an operating level of 9,000 hours is = $38,200.

To know more about Estimated total cost, check the given links.

brainly.com/question/23365014

brainly.com/question/1329443

#SPJ4

Correct Question - The Connors Company has assembled the following data pertaining to certain costs that cannot be easily identified as either fixed or variable. Connors Company has heard about a method of measuring cost functions called the high−low method and has decided to use it in this situation.

Cost Hours

$24,360 5,800

$26,500 6,100

$34,800 7,850

$42,360 13,000

$38,800 9,400

What is the Estimated total cost at an operating level of 9,000 hours?

5 0

2 years ago

Calla Company produces skateboards that sell for $56 per unit. The company currently has the capacity to produce 95,000 skateboa

Tema [17]

Answer:

Calla Company

Three-column comparative Income Statement:

Normal Special order Total

Sales Revenue $4,580,800 $673,200 $5,254,000

Cost of sales:

Direct materials $ 981,600 $158,400 $1,140,000

Direct labor 613,500 99,000 712,500

Overhead 954,000 76,973 1,030,973

Selling expenses 558,000 84,151 642,151

Administrative expenses 477,000 890 477,890

Total costs and expenses $ 3,584,100 $419,414 $4,003,514

Net income $ 996,700 $ 253,786 $1,250,486

Explanation:

a) Data and Calculations:

Annual production capacity = 95,000 units

Actual annual production and sales = 81,800 units

Special order (units) = 13,200

Selling price (normal) = $56 per unit

Special order selling price = $51 per unit

Direct materials $ 981,600

Direct labor 613,500

Overhead 954,000

Selling expenses 558,000

Administrative expenses 477,000

Total costs and expenses $ 3,584,100

Three-column comparative Income Statement:

Normal Special order Total

Sales volume 81,800 13,200 95,000

Selling price $56 $51

Sales Revenue $4,580,800 $673,200 $5,254,000

Cost of sales:

Direct materials $ 981,600 $158,400 $1,140,000

Direct labor 613,500 99,000 712,500

Overhead 954,000 76,973 1,030,973

Selling expenses 558,000 84,151 642,151

Administrative expenses 477,000 890 477,890

Total costs and expenses $ 3,584,100 $419,414 $4,003,514

Net income $ 996,700 $ 253,786 $1,250,486

1. Direct materials cost per unit = $981,600/81,800 = $12

2. Direct labor cost per unit = $613,500/81,800 = $7.50

3. Variable Overhead cost = $954,000/2 = $477,000

Variable overhead cost per unit = $477,000/81,800 = $5.83129

4. Variable selling expenses = 70% of $558,000 = $390,600

Variable selling expenses per unit = $390,600/81,800 = $4.77506

Additional selling expense per unit = $6.37506 ($4.77506 + $1.60)

Selling expense for special order = 84,151($6.37506 * 13,200)

5. Administrative expenses increased by $890

8 0

3 years ago

When Auditing the i._____________ area on the financial statements sending out confirmations is required, unless the following t

stiv31 [10]

Answer:

The missing answer is Accounts Receivable.

Explanation:

If a company (say Sender Limited) provides goods and or services to a customer and that customer is yet to pay, the amount due is entered under the Accounts Receivable (AR) portion of Sender Limiteds financial records. In order words Accounts Receivable (AR) is simply money owned to Sender LImited by clients or other debtors.

In a company's balance sheet, the AR is recognized as Current Assets. That is, it is expected that such monies will come in within a year.

When Auditing the accounts receivable area on the financial statements sending out confirmations is required.

It is normal at this point for auditors to requests (electronically or via traditional mail) to

a. customers to verify accounts receivable and

b. to financial institutions to confirm outstanding promissory notes.

The following are financial areas that may be investigated:

i. cash transactions,

ii. inventory records, and consigned merchandise

iii. long-term contracts,

iv. accounts payable and contingent liabilities, and

v. any transaction that looks suspicious

Cheers

4 0

3 years ago

The value of Investment A at the end of year 5 is $20,000. Assuming that interest is compounded annually, and the interest rate

mina [271]

Answer:

PV= $13,611.66

Explanation:

Giving the following information:

Future Value (FV)= $20,000

Number of periods (n)= 5 years

Interest rate (i)= 8%

<u>To calculate the present value, we need to use the following formula:</u>

FV= PV*(1+i)^n

Isolating PV:

PV= FV/(1+i)^n

PV= 20,000 / (1.08^5)

PV= $13,611.66

3 0

3 years ago

Find using distributive property​

Find using distributive property