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Mariana [72]
3 years ago
9

MCZ, Inc. is a corporation that was incorporated under the laws of the State of New Jersey. MCZ, Inc. has only one office which

is in Queens, New York. MCZ, Inc. has no other location. In New York, MCZ, Inc. is considered to be a domestic corporation.
a. True
b. False
Business
1 answer:
andreev551 [17]3 years ago
3 0
True maybee not sure
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During the year, a firm purchased $256,900 of merchandise and paid freight charges of $36,870. If the total purchases returns an
olga nikolaevna [1]

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

6 0
3 years ago
Krizun Industries makes heavy construction equipment. The standard for a particular crane calls for 14 direct labor-hours at $16
Sergio [31]

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

4 0
3 years ago
Based on the following information, calculate net income for Dana's Dress Shop using the traditional format. Sales $360,000 Gros
stich3 [128]

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.

7 0
3 years ago
Why it it not working the app?
luda_lava [24]

1,2,3,6

this is what i would choose of course

not sure how to explain it though

6 0
1 year ago
What's the difference between current balance and available balance?
pickupchik [31]
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>
5 0
3 years ago
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