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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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Brian Cartwright is a single taxpayer who itemizes deductions and has no dependents. Since Year 1, Brian has owned a 50% interes

ankoles [38]

Answer:

Following are the solution to the given points:

Explanation:

For point 1:

$=\$22500\times 50\%\\\\=\$22500\times \frac{50}{100}\\\\=\$112500$

For point 2:

$=\$48000\times 50\%\\\\=\$48000\times \frac{50}{100}\\\\=\$24000$

For point 3:

$=\$5000\times 50\%\\\\=\$5000\times \frac{50}{100}\\\\=\$2500$

For point 4:

$=\$20000\times 50\%\\\\=\$20000\times \frac{50}{100}\\\\=\$10000$

For point 5:

$=\$40000\times 50\%\\\\=\$40000\times \frac{50}{100}\\\\=\$20000$

For point 6:

$=\$3000 \times 50\%\\\\=\$3000 \times \frac{50}{100}\\\\=\$1500$

For point 7:

$=\$6000\times 50\%\\\\=\$6000\times \frac{50}{100}\\\\=\$3000$

For point 8:

$=\$1000 \times 50\%\\\\=\$1000 \times \frac{50}{100}\\\\=\$500$

8 0

3 years ago

Matthew Liotine's Dream Store sells water beds and assorted supplies. His best-selling bed has an annual demand of 395 units.

Sergeu [11.5K]

Answer:

77.48 units

Explanation:

Data provided in the questions

Annual demand = 395 units

Ordering cost = $38

Holding cost per unit per year = $5

The computation of the economic order quantity is shown below:

$= \sqrt{\frac{2\times \text{Annual demand}\times \text{Ordering cost}}{\text{Carrying cost}}}$

$= \sqrt{\frac{2\times \text{395}\times \text{\$38}}{\text{\$5}}}$

= 77.48 units

hence, the economic order quantity is 77.48 units

We simply applied the above formula so that approximate units could come. And it always expressed in units

8 0

3 years ago

Consider a game with two players who cannot communicate, and in which each player is asked a question. The players can either a

AveGali [126]

Answer:

Each player can adopt a T for T strategy or a trigg er strategy. It is important to state that these strategies were not possible in a one-time game.

The equilibrium is that both players answer honest and each makes normal profit.

Both games, the P risoners' dilemma and this game, have a cooperative equilibrium in the long term. If a player employs a trig ger strategy or a T for T strategy, they can reach the cooperative honesty/honesty outcome.

In a short term, game equilibrium is not likely due to lying is more profitable than answer honestly deploying stated strategies.

Reference: NomCab HSEONE. “PS8- solution.” Academia , 2019.

6 0

3 years ago

7. Winston Company estimates that the factory overhead for the following year will be $1,250,000. The company has decided that t

ser-zykov [4K]

Answer:

$17,500

Explanation:

Given that,

Actual factory overhead for the year = $1,375,000

Estimated overhead = $1,250,000

Estimated machine hour = 50,000

Total machine hours for the year = 54,300

Predetermined rate per hour:

= Estimated overhead ÷ Estimated machine hour

= $1,250,000 ÷ 50,000

= $25 per hour

Applied overhead:

= Predetermined rate per hour × Total machine hours

= $25 × 54,300

= $1,357,500

Therefore, the under-applied amount for the year:

= Actual factory overhead - Applied overhead

= $1,375,000 - $1,357,500

= $17,500

4 0

3 years ago

Suppose that short-term municipal bonds currently offer yields of 4%, while comparable taxable bonds pay 5%. Which gives you the

daser333 [38]

Answer:

1.Taxable bonds

2Taxable bonds

3.They have the same after-tax yield

municipal bond

Explanation:

The missing tax brackets are zero,10%,20% and 30%

Zero % tax rate:

municipal bond pays 4%

taxable bonds after tax yield=5%*(1-0)=5%

10% tax rate

municipal bond pays 4%

taxable bond after tax yield=5%*(1-10%)=4.5%

20% tax rate

municipal bond pays 4.0%

taxable bond after tax yield=5%*(1-20%)=4.0%

30% tax rate

municipal bond pays 4.0%

taxable bond after tax yield=5%*(1-30%)=3.50%

8 0

3 years ago