All categories

3 years ago

Displays more information on the spreadsheet?

1 answer:

6 0

When you ask a question like this, you have to include a picture of what you are talking about. I'll walk you through the process. When you first start asking a question there is an option for a little paperclip on the bottom of the question box. Click on that and then select the file (the photo is considered a file by the computer) then type in what the question is and simple hit ask question. Now it will post the picture along with your question.

Hope this helps,

Miri

You might be interested in

Tom Gettback buys 100 shares of Jobnson Walker stock for $87.00. per share and a 3-mont Johnson Walker put option with an exerci

Bad White [126]

Answer:

b. $200 loss is the correct option

Explanation:

=100*(105-87)+(MAX(105-105,0)-20)*100

=-200

7 0

2 years ago

Midwest Corporation has provided the following data concerning manufacturing overhead for 2020: Estimated manufacturing overhead

Firlakuza [10]

Answer:

$18,000

Explanation:

The computation of the amount of manufacturing overhead is shown below:

But before that first determine the overhead rate which is

= $30,000 ÷ 2,000

= $15

Now the amount of manufacturing overhead applied for Job A-101 is

= $1,200 × $15

= $18,000

Hence, the amount of applied manufacturing overhead is $18,000

5 0

3 years ago

Elfalan Corporation produces a single product. The cost of producing and selling a single unit of this product at the company's

kolezko [41]

Answer:

Effect on income= $68,580 increase

Explanation:

Because it is a special order, and there is unused capacity, we will not take into account the fixed costs. Only the variable ones.

First, we need to calculate the unitary cost:

Unitary cost= 46.1 + 8.8 + 1.8 + 1.3

Unitary cost= $58

Now, the effect on the income of accepting the offer:

Effect on income= 2,700*(83.4 - 58)

Effect on income= $68,580 increase

8 0

3 years ago

Eddie Zambrano Corporation began operations on January 1, 2017. During its first 3 years of operations, Zambrano reported net in

Oksanka [162]

Answer:

Eddie Zambrano Corporation

a. Retained Earnings Statement for the year ended December 31, 2020

Retained earnings, January 1, 2020 = $225,000

2020 Income after tax = $192,000

Prior period adjustment: understatement of 2018 depreciation expense (before taxes) ($ 25,000)

Cumulative decrease in income from change in inventory methods (before taxes) ($ 35,000)

Dividends declared (of this amount, $25,000 will be paid on Jan. 15, 2021)

($100,000)

Total deductions = $160,000

Retained earnings, December 31 $257,000

b. With the restricted retained earnings in the amount of $70,000, dividends declared cannot exceed $62,000 ($100,000 - $38,000), therefore the Retained earnings in its December 31, 2020 balance sheet would be $295,000.

Explanation:

a) Data and Calculations:

Net Income Dividends Declared Cumulative Retained Earnings

2017 $ 40,000 $ –0– $40,000 ($40,000)

2018 125,000 50,000 115,000 ($40,000 + 75,000)

2019 160,000 50,000 225,000 ($115,000 + 110,000)

2020 Income before tax = $240,000

Tax for 2020 (20%) 48,000

2020 Income after tax = $192,000

Prior period adjustment: understatement of 2018 depreciation expense (before taxes) $ 25,000

Cumulative decrease in income from change in inventory methods (before taxes) $ 35,000

Dividends declared (of this amount, $25,000 will be paid on Jan. 15, 2021) $100,000

Total deductions = $160,000 ($25,000+35,000+100,000)

Retained earnings for 2020 = $32,000 ($192,000 - $160,000)

a. Retained Earnings Statement for the year ended December 31, 2020

Retained earnings, January 1, 2020 = $225,000

2020 Income after tax = $192,000

Prior period adjustment: understatement of 2018 depreciation expense (before taxes) ($ 25,000)

Cumulative decrease in income from change in inventory methods (before taxes) ($ 35,000)

Dividends declared (of this amount, $25,000 will be paid on Jan. 15, 2021)

($100,000)

Total deductions = $160,000

Retained earnings, December 31 $257,000

8 0

3 years ago

Unions and company managers typically do their best to resolve grievances before arbitration becomes necessary. Arbitration is t

elixir [45]

Answer: arbitration is a costly process

Explanation: Arbitration, a form of substitute dispute settlement, is a route out of a trial to settle disputes. Any or more people will decide the issue, which allows the arbitration grant. The arbitration award on both sides is legally enforceable and actionable in court.

Arbitration is long term process and requires heavy time and money from both sides of the party. Due to such ongoing process it affects the business and both the parties suffers heavy losses in their side.

Therefore, most of the time parties tries to avoid arbitration in a conflict as much as they can.

4 0

3 years ago