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2 years ago

Why is it important to not let slides distract from you

2 answers:

8 0

Answer: Because what if you have to go to school and you stop bye a park and u just sliding on the slide u late to school so make sure when u see a slide walk away i mean runnnnnnnn away

Explanation:

Art [367]2 years ago

3 0

Answer:

because they are fun and if you get distracted you don't want to finish what you are doing

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Aquatic Equipment Corporation decided to switch from the LIFO method of costing inventories to the FIFO method at the beginning

spayn [35]

Answer and Explanation:

The computation is shown below

1. The adjusted balance in the retained earning is shown below:

= beginning balance of retained earning + adjusted net income

where,

beginning balance of retained earning is $860,000

And, the adjusted net income is

= $68,000 × (1 - 0.35)

= $44,200

So, the adjusted balance in the retained earning is

= $860,000 + $44,200

= $904,200

2. Now the journal entry is

Inventory $68,000

To Retained earning $44,200

To Tax payable $23,800 ($68,000 × 35%)

(Being the adjustment of ending inventory is recorded)

It increased the inventory and along with it it also increased the equity and liabilities so the respective account is debited and credited

6 0

3 years ago

How much does it cost for a restraining order?

V125BC [204]

I live in Indiana all I did was go to the court house and filled they ask you a lot of questions about times and dates and any witness. It was free.

7 0

2 years ago

Read 2 more answers

PA15.

ser-zykov [4K]

Answer:

Happy Trails

Income statement using variable costing

$ $

Sales 1,900,500

Less: Variable costs:

Direct material (27,000 units x $15) 405,000

Direct labour (27,000 units x $15) 405,000

Variable overhead (27,000 units x $3) 81,000

891,000

Less: Closing stock (8,000 units x $33) 264,000

627,000

Add: Variable selling and administrative 133,000 760,000

Contribution 1,140,500

Less: Fixed cost:

Fixed production cost (27,000 x $25) 675,000

Fixed selling and administrative expenses 300,000 975,000

Net profit 165,500

Profit reconciliation statement

Closing stock Net profit

$ $

Absorption costing 464,000 365,500

Less: Marginal costing 264,000 165,500

Difference 200,000  200,000

The difference of $200,000 in net profit is as a result of $200,000 difference in closing inventory.

Explanation:

In variable costing, variable costs are deducted from sales so as to obtain contribution margin. Net profit is the difference between contribution and fixed costs. Closing stock is the difference between production units and sales units. Closing stock is valued at marginal cost per unit in variable costing. Marginal cost per unit is the aggregate of all variable cost per unit.

3 0

2 years ago

The demand curve facing a perfectly competitive firm is

ICE Princess25 [194]

Answer:

Option (E) is correct.

Explanation:

Under the perfectly competitive market conditions, there are large number of buyers and sellers and there is no restrictions on the entry and exit of the firms. Prices of the goods are determined by the market forces and the demand curve for a firm in a perfectly competitive environment varies significantly from the market demand curve. The demand curve is horizontal because all the goods in a perfectly competitive market are considered as perfect substitutes.

7 0

3 years ago

Which of the following is similar to a spreadsheet?

NNADVOKAT [17]

Answer:

Can you add a picture?

Explanation:

7 0

2 years ago