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3 years ago

Sheffield Company is working on two job orders. The job cost sheets show the following.

Business

1 answer:

IRISSAK [1]3 years ago

4 0

Answer:

See below

Explanation:

Work in process inventory Dr $16,450

------------- Raw material inventory

$7,150 + $9,300 Cr $16,450

Work in process inventory Dr $11,650

Factory labor

-----------------$3,850 + $7,800 Cr $11,650

Work in process inventory Dr $15,000

Manufacturing overhead

$5,200 + $9,800 Cr $15,000

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Best Deals, Inc. has 10 units in ending merchandise inventory on December 31. The units were purchased in November for $160 each

MrMuchimi

Answer:

$1,600

Explanation:

Best deals incorporation has a total of 10 units in the ending merchandise inventory on December 31

The units were bought in the month of November at a price of $160 for each unit

The replacement cost of the item is $162

Inventory is always recorded when the cost is low

Therefore, the amount that is to be reported as the merchandise inventory can be calculated as follows

=10 units × $160

= $1,600

Hence the amount reported as the merchandise inventory on the balance sheet is $1,600

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3 years ago

Please it is pyscology questions please help me with this

Anestetic [448]

Answer:

not even a little

Explanation:

Ido you know what is physics

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2 years ago

Imagine that you are the supervisor of a pharmacy. You have received a few complaints about mistakes in customer's prescriptions

Elis [28]

Answer:

b tell me whether I've got it or not

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3 years ago

Westfall Industries began 2018 with accounts receivable, inventory, and prepaid expenses totaling $ 50 comma 000 and its total

Dafna11 [192]

Answer:

The cash flows from operating activities for 2018 is $99,000.

Explanation:

Westfall Industries

Statement of cash flows (extract)

Net income $81,000

Add Loss on the sale of land 4,000

Depreciation expense 8,000

Decrease in current asset 2,000

Increase in current liabilities 4,000

Cash flows from operating activities $99,000

Decrease in current assets was arrived at by comparing the closing balance of $48,000 to the opening balance of $50,000.

Increase in current liabilities was arrived at by comparing the closing balance of $40,000 to the opening balance of $36,000.

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3 years ago

Concord Corporation has gathered the following information concerning one model of shoe: Variable manufacturing costs $30000 Var

avanturin [10]

Answer:

Option (c) is correct.

Explanation:

Variable manufacturing costs = $30000

Variable selling and administrative costs = $14000

Fixed manufacturing costs = $160000

Fixed selling and administrative costs = $120000

Investment = $1700000

ROI = 50%

Planned production and sales = 5000 pairs

ROI = Investment Value × ROI Rate

= $1,700,000 × 50%

= $850,000

Desired ROI per Pair of Shoes :-

= ROI ÷ Planned production and sales

= $850,000 ÷ 5000 pairs

= $170

3 0

3 years ago