All categories

3 years ago

The tal balance extracted from the books of Jewel Traders showed a total debit or Sh.5,630,400 while the credit side

Business

1 answer:

matrenka [14]3 years ago

5 0

Excuse me, can you write the Question so i could answer it?

You might be interested in

Geneva needs additional capital to launch her business but does not want to share management responsibility with partners. Neith

Talja [164]

Answer:

The answer is: C) S corporation

Explanation:

Geneva should choose an S Corporation. In my opinion she should do it because corporate income, losses, deductions, and credits are passed through to its shareholders, while it can be managed like a normal corporation.

If she chooses a Limited Liability Partnership she would still have to share management responsibility with her partners and C Corporations are heavily taxed. If she had enough money she could start a sole proprietorship business, but she doesn't have enough money.

5 0

3 years ago

Prepare the journal entries to record the assignment of direct materials and direct labor and the allocation of manufacturing ov

rosijanka [135]

Answer:

Note: The full question is attached below

Date Accounts Title and Explanation Debit Credit

Mar-31 WIP-Fermenting Department $15,971

Raw Material Inventory $9,288

Wages payable $3,305

Manufacturing Overhead $3,378

(Being cost assigned to WIP-Fermenting department)

3 0

2 years ago

Under absorption costing, fixed manufacturing overhead is expensed at the time the units are produced. Under variable costing, f

ladessa [460]

Answer:

A. True

Explanation:

In the case of absorption costing, the fixed manufacturing overhead should be incurred at the time when the units are generated or produced. While on the other hand, in the case of variable costing the fixed manufacturing overhead should be incurred at the time when the units are sold

Therefore the given statement is true

Hence, the correct option is a.

4 0

3 years ago

Productivity is output multiplied by worker hours. a. True b. False

ser-zykov [4K]

Answer:

Explanation:true cause more workers more production

3 0

3 years ago

A manager must decide on the mix of products to produce for the coming week. Product A requires three minutes per unit for moldi

atroni [7]

Answer:

Check the explanation

Explanation:

Going by the question above we will have to first work on the

Formulation of LP:

Maximize profit

Z = 1.5A+1.5B where A - number of units of product A and B - number of units of product B

subject to constraints -

600 minutes available for molding

3A+2B <=600 ---> Molding constraint---> 1

600 minutes available for painting

2A+4B<=600 ---> Painting constraint---> 2

420 minutes available for packing

A+3B<=420 ---> Packing constraint---> 3

A, B, C >=0 ---> Non-negative constraint ---> 4

b) Solution with the help of Excel solver:

Target cell will be the RHS or profit value of the objective function as we are maximizing the profit.

Changing cells will be A and B ---> number of units of products

Constraints will be entered as below. The same are also listed in part A (1,2,3,4).

The attached images below are the formulation.

6 0

3 years ago