Is the following scenario a partnership? Ghost-writing a text book for an author and splitting profits equally.

Dake Corporation's relevant range of activity is 2,000 units to 6,000 units. When it produces and sells 4,000 units, its average

Digiron [165]

Answer:

Instructions are below.

Explanation:

Giving the following information:

When it produces and sells 4,000 units, its average costs per unit are as follows:

Variable manufacturing overhead $1.40

Fixed manufacturing overhead $ 2.60

Units produced= 3,000

To calculate the unitary indirect manufacturing cost, you can use two different methods. The variable method only uses the variable manufacturing overhead. The absorption method uses the total unitary overhead.

Total fixed overhead= 2.6*4,000= 10,400

Variable costing method:

Unitary indirect manufacturing cost= $1.4

Absorption costing method:

Unitary fixed overhead= 10,400/3,000= $3.47

Unitary indirect manufacturing cost= 1.4 + 3.47= $4.87

5 0

3 years ago

Rachel's Recordings reported net income of $270,000. Beginning balances in Accounts Receivable and Accounts Payable were $17,000

Cloud [144]

Answer:

Cash flow from operating activities 284,500

Explanation:

net income 270,000

change in AR

17,000- 9,500 = 7,500(A)

change in AP

28,000 - 21,000 = 7.,000(B)

total change in working capital 14,500

Cash flow from operating activities 284,500

(A)

The account receivable decrease over time this means the account were collected, whch increase cash

(B)

The account payable increase, which means the company receive cash or delay the payment of cash for this period of time. Therefore, the cash increase.

3 0

3 years ago

Given the pay rate, hours worked, tax deductions, and social security deduction, determine the gross earnings, workmen's compens

olya-2409 [2.1K]

Answer: assuming Given the pay rate $7.0 and hours worked is 30 hours

Gross earnings = 7 x 30 = $210

Compensation insurance = 2% x $210 = $4.2

state unemployment insurance = 4% x $210 = $8.4

total deductions = 4.2 + 8.4 = $12.6

net pay = 210 - 12.6 = $197.4

Explanation:

Gross earnings = the pay rate x hours worked

Compensation insurance = 2% of gross earnings

unemployment insurance = 4% of gross earnings

total deductions = Compensation insurance+unemployment insurance

net pay = Gross earnings - otal deductions

3 0

3 years ago

Mallory Furniture buys two products for resale: big shelves (B) and medium shelves (M). Each big shelf costs $500 and requires 1

Ghella [55]

Answer:

The answer is D

Explanation:

Solution:

Recall that:

Malloy Furniture purchases two products: Big shelves B and Medium shelves M

The cost of big shelf is =$500

The space required = 100 cubic feet

The cost of each medium shelf is =$300

Storage space = 90 cubic feet,

Now,

Since the values 100 and 90 is greater than 18000 cubic feet available for storage, what is required would be 100 big shelves and 100 medium shelves

5 0

3 years ago

Blossom Corporation sells rock-climbing products and also operates an indoor climbing facility for climbing enthusiasts. During

shutvik [7]

Answer:

Prepare journal entries for the transactions noted above.

4 0

3 years ago