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Juliette [100K]
3 years ago
10

Selected information from the most recent financial statements for hat trick manufacturing:

Business
1 answer:
asambeis [7]3 years ago
6 0
The hat trick manufacurting is based on the knowledge from the brain hope that helps
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Job 434 was recently completed. The following data have been recorded on its job cost sheet:______.
mart [117]

Answer: $26.48

Explanation:

The total cost of producing 2,000 units of Job 434 is;

= Direct materials + Direct labor cost + Manufacturing overhead cost

= 41,000 + (620 hours * 13 ) + ( 10 * 390 hours)

= $‭52,960‬

Unit product cost:

= total cost/ no. of units

= 52,960/ 2,000

= $26.48

5 0
4 years ago
Suppose the government believes that there are too many cigarettes in the market. Which of the following policies could the gove
VMariaS [17]

Answer:

d) tax the manufacturing of cigarettes

Explanation:

Taxation imposed by government on the manufacturing of a commodity increases the cost of production and shifts the supply curve of such commodity inward, that is to the left. When the government imposes tax on the manufacturing of cigarettes, the cost of producing cigarettes will increase and that will reduce the supply of cigarettes all things being equal.

8 0
3 years ago
A company reported net income of $836,000 for the current year. The year-end market price per common share was $12 and there wer
Nimfa-mama [501]

Answer:

Explanation:

I think you should google it on the internet

7 0
4 years ago
Read 2 more answers
Dr. Jones, a dentist, is choosing between driving and flying from Pittsburgh to New York City. If Jones drove, she would have to
Marianna [84]

Answer:

d. $200

Explanation:

Calculation to determine the price differential

Using this formula

Price differential=Hours closed earlier if she drove*Expected income (after taxes)

Let plug in the formula

Price differential=4 hours *$50 per hour

Price differential=*200

Therefore if she was a rational decision maker, she would drive if the price differential was greater than:$200

3 0
3 years ago
Each year, Grey Mountain Enterprises (GME) prepares a reconciliation schedule that compares its income statement with its statem
REY [17]

Answer:

The GME should reveal or provide a $19,000 an adjustment positive to net income under the indirect method for the increase in accounts payable.

Explanation:

Solution

Given that:

The Cost of goods sold = $440,000

Less: Inventory balance decrease = $41000  

Thus,

The cost of goods - Inventory balance decrease is given as :

$440000-$41000 = $399000

So,

The Inventory purchases during the period =$399000  and the Less: Payment to inventory suppliers= $380000

The increase in accounts payable is calculated as follows:

The inventory purchases during the period - payment to inventory suppliers

=$399000 - $380000 = $19,000

Hence,

The Increase in accounts payable(Current Liabilities) is reported as a positive adjustment to net income under the indirect method

This provide a $19,000 adjustment positive to net income under the indirect method for the increase in accounts payable.

4 0
3 years ago
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