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strojnjashka [21]
3 years ago
5

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:

A.

Work in process inventory Dr $16,450

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

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

B.

Work in process inventory Dr $11,650

Factory labor

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

C.

Work in process inventory Dr $15,000

Manufacturing overhead

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

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The earned income credit: a.Must be calculated on earned income as well as adjusted gross income in some cases. b.Cannot exceed
k0ka [10]

Answer:

The correct answer is letter "A": Must be calculated on earned income as well as adjusted gross income in some cases.

Explanation:

The Earned Income Credit is a refund the government issues to taxpayers in case their earned income or Adjusted Gross Income (AGI) is lower than the amount of taxes they need to pay. The maximum earned income to qualify for an earned income credit also depends on the number of children in the household, and if the file return is submitted jointly.

3 0
3 years ago
A manufacturing company has budgeted production at 940 units for the month. Each unit requires 3.5
USPshnik [31]

The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.

Explanation:

The given is,

          Total units produced in a month

                                 = 940 unit per month

          Time for each unit

                                 = 3.5 unit per hour

               Labor rate = $15 per hour

Step:1

           Total Labor working hours for 940 units,

                                  = Total units × Time for each unit

                                  = 940 × 3.5

                                  = 3290 hours

Step:2

           Labor cost total working hours

                                 = Total Labor working hours × Labor cost per hour

                                 = 3290 × 15

                                 = $ 49350

Result:

         The total cost of direct labor for the month will be $ 49350, if the company has budgeted production at 940 units for the month, each unit requires 3.5 hours of labor to produce and the average labor rate is $15 per hour.

5 0
3 years ago
Mary sells handmade earrings for a living. Susan is a new lawyer and a friend of Mary who gives legal advice to Mary in return f
umka21 [38]

Answer:

a.Susan is wrong, and Mary is free to disclaim warranties.

Explanation:

According to the Magnuson-Moss Act the seller of a product may or may not provide warranty on a product. But is warranty is provided the following conditions must be met.

- The seller must provide a full or limited warranty.

- The coverage of the warranty must be stated

- Warranty must be available to the customers, so that they can read it before making a purchase.

So Mary can choose to disclaim all warranties on her products, not making her liable for any defects found in them. But if she wants to provide warranty it must be written and follow the conditions stated above.

5 0
3 years ago
Paid to prem rs1400 and settled his account​
N76 [4]
I don’t understand what you are trying to say or what your question is?
6 0
3 years ago
Hutter Corporation declared a $0.50 per share cash dividend on its common shares. The company has 27,000 shares authorized, 13,2
Ilia_Sergeevich [38]

Dr Retained Earnings  $5400

Cr Common Dividends Payable $5400

is the journal entry.

<h3>What is outstanding share?</h3>

Share outstanding concerns to the company's current stock, which is occurred by the all of its shareholder. including fund managers' share blocks and restrictive investments made by the company's officials and personnel.

On a any company's balance sheet, Capital Stock is the main heading in which outstanding shares are listed.

Thus, the journal entry has passed above.

For more details about outstanding share, click here:

brainly.com/question/18568835

#SPJ1

7 0
2 years ago
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