The net delivered cost of purchases is $270920
<u>Explanation:</u>
The given data in the question is as follows:
purchases = $256900, freight charges paid = $36870, purchase returns and allowances = $13690, purchase discounts = $9160
The net delivered cost of purchases is calculated as follows:
Purchases plus frieght charges minus purchase returns and allowances and minus purchase discounts
Purchases = $256900
add: freight charges paid = $36870
less: purchase returns and allowances = $13690
less: purchase discounts = $9160
net delivered cost = $270920
Therefore, the correct answer is $270920
Answer:
14,275= actual hours
Explanation:
Giving the following information:
The standard for a particular crane calls for 14 direct labor-hours at $16 per direct labor-hour.
During a recent period, 1,000 cranes were made.
The labor efficiency variance was $4,400 Unfavorable.
To determine the actual hours worked, we need to use the direct labor efficiency variance formula:
Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate
-4,400= (14*1,000 - actual hours)*16
-4,400= 224,000 - 16actual hours
228,400/16= actual hours
14,275= actual hours
Answer:
$80,000
Explanation:
Calculation for the net income for Dana's Dress Shop using the traditional format
NET INCOME USING TRADITIONAL FORMAT
Using this formula
NET INCOME=Gross Margin -Total Selling & Administrative Expenses
Where,
Gross Margin =$140,000
Total Selling & Administrative Expenses=$60,000
Let plug in the formula
NET INCOME=$140,000-$60,000
NET INCOME=$80,000
Therefore the NET INCOME will be $80,000.
1,2,3,6
this is what i would choose of course
not sure how to explain it though
Your current balance<span> is the amount of money in your account at the beginning of a business day. This amount does not include any pending deposits or withdrawals. Your </span>available balance<span> is your </span>current balance<span> minus any pending debit card purchases, automatic drafts, processing checks or other debits from your account</span>