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Dimas [21]
3 years ago
5

The following accounts are from last year's books at Sharp Manufacturing: Raw Materials Bal 0 (b) 87,000 (a) 93,000 5,000 Work I

n Process Bal 0 (f) 251,000 (b) 69,000 (c) 82,000 (e) 100,000 0 Finished Goods Bal 0 (g) 226,000 (f) 251,000 25,000 Manufacturing Overhead (b) 18,000 (e) 100,000 (c) 12,000 (d) 67,000 (h) 3,000 3,000 Cost of Goods Sold (g) 226,000 (h) 3,000 223,000 Sharp uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. What is the amount of cost of goods manufactured for the year?
Business
1 answer:
pogonyaev3 years ago
6 0

Answer:

$251,000

Explanation:

Calculation to determine the amount of cost of goods manufactured for the year

Using this formula

Cost of goods manufactured=Debit to Finished Goods+Credit to Work in Process

Let plug in the formula

Cost of goods manufactured =$226,000+$25,000

Cost of goods manufactured =$251,000 (entry f)

Therefore the amount of cost of goods manufactured for the year is $251,000 (entry f)

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Answer: Independent insurance agent

Explanation:

An independent agent is sometimes called an insurance sales agent. An independent insurance agent is an insurance agent who sells insurance policies that are provided by different insurance companies.

An independent insurance agent gets commissions for the insurance policies that are sold. The higher the number of clients they serve, the higher the money they make. Independent insurance agents are not considered to be an employee of a particular insurance company

7 0
3 years ago
Two guys walk into a bar; the third one ducks. If these three men acted independently, and the probability is 0.7 that a person
allsm [11]

Answer:

0.063

Explanation:

Given

Probability of a person to not enter into a bar or ducking   is 0.7

Probability of a person to  enter into a bar  

1 - (Probability of a person to not enter into a bar or ducking)

Substituting the given value, we get

Probability of a person to enter into a bar  

= 1 - 0.7 \\= 0.3

Total three men attempts to enter into the bar and their course of action is independent of each others

Thus, probability of observing the first two walking into the bar and the third ducking will be equal to the product of individual probabilities

= 0.7 * 0.3 * 0.3\\= 0.063

7 0
4 years ago
7. Preparing Additional Employment Documents Although the résumé and cover message are the major tasks during your employment se
Bogdan [553]

Answer:

A list of graduation dates

A list of beginning and ending dates of employment

A card with any vital statistics that are not on your résumé

Explanation:

When providing additional information in the recruitment process, accurate and relevant information shows you are professional and have good communication skills. Making your chances of landing the job better.

Relevant information includes accurate dates of graduation and previous employment. Ensure these records are consistent accross all documents presented. Disparity will be perceived as lack of transparency.

Also a card with vital statistics not on your resume should be prepared. These can include achievements in past job roles. For example: I introduced a software that automated inquiry process and reduced cost by 30%.

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3 years ago
Technical standards in high-technology industries are:
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You’re answer would be c love!
6 0
3 years ago
Fed up with her working conditions at the call center, Lisa decides to invest in a state-of-the-art sewing machine and produce l
kumpel [21]

Complete Question:

Fed up with her working conditions at the call center, Lisa decides to invest in a state-of-the-art sewing machine and produce limited quantities of her own clothing designs. After a few months of operation, she decides to apply some of the forecasting techniques she mastered in school. Which of these statements about her forecasts is correct?  

  1. Her forecasts will probably be 100% accurate.
  2. Her demand forecasts for a year from now will probably be more accurate than her demand forecasts for three months from now.
  3. Her demand forecasts for each style of skirt will be less accurate than her demand forecasts for all skirts.
  4. The best way for her to determine the amount of fabric she needs is to forecast it based on her customer orders for each type of skirt.

Answer:

Option 4 is the correct answer

Explanation:

Because the only best way to forecast the amount of fabric required for the is dependent upon the number of customer orders for each type of skirt she receives.

Remember that the forecasting cannot be 100% correct because we human and we cannot tell the future with 100% surety. All we can do is guessing what would happen.

With the help of past data we can better estimate the demand. As their is no past data available we can make a reliable forecast of the skirt sales.

Option 3 is also incorrect because forecasting is dependant upon the reliable source of information which helps in estimating what would happen. Estimating single or combined sales is not a reliable source of information.

6 0
3 years ago
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