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Crank
2 years ago
15

A company had a beginning balance in retained earnings of $430,000. It had net income of $60,000 and declared and paid cash divi

dends of $56,250 in the current period. The ending balance in retained earnings equals:_____.
a. $426,250.
b. $433,750.
c. $490,000.
d. $546,250.
e. $116,250.
Business
1 answer:
ella [17]2 years ago
4 0

Answer:

b. $433,750

Explanation:

The ending balance in retained earnings can be calculated as;

= Beginning balance + Net income - Cash dividends

Given that;

Beginning balance = $430,000

Net income = $60,000

Cash dividends = $56,250

= $430,000 + $60,000 - $56,250

= $433,750

Therefore, the ending balance in retained earnings is $433,750

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A specific group of related businesses in known as a/an _________.
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A specific group of related businesses is known as a *chain.
6 0
3 years ago
What type of supply chain configuration is most appropriate if your organization needs to minimize inbound transportation costs,
pochemuha

Answer:

centralized suplly chain

Explanation:

Decentralize supply chain processes can be defined as processes that must be performed in the plant because they involve physical interaction with the material. There processes are the ones where the decision-making is ‘localized’.  It involves supply chain managers, planners, manufacturing teams, health and safety team and possibility trade management folks.

3 0
3 years ago
the manufacturing overhead account shows debits of $240,000, $192,000, and $224,000 and one credit for $688,000. based on this i
frutty [35]

The manufacturing overhead was overapplied by $32,000. Hence the correct choice of answer for this question would be option (b).

<h3>Give a brief account on manufacturing overhead.</h3>

Manufacturing overhead includes all incidental costs encountered during the production process. This overhead applies to units produced within a reporting period.

Some examples of costs that fall within the manufacturing overhead category are as follows:

  • Depreciation may be applied to production-related equipment.
  • property assessments for the manufacturing facility
  • Rent on the manufacturing facility
  • wages for maintenance workers
  • Manufacturing managers' salaries
  • salaries of the personnel in charge of materials
  • salaries of the quality assurance personnel
  • supplies not specifically related to the products
  • Building janitorial staff's salaries

As direct materials and direct labor are generally considered to be the only costs that are directly applied to a unit of production, manufacturing overhead is becomes all of the indirect costs that a factory incurs.

To know more about, manufacturing overhead, visit :

brainly.com/question/17052484

#SPJ4

The complete question is mentioned below :

The Manufacturing Overhead account shows debits of $240,000, $192,000, and $224,000 and one credit for $688,000. Based on this information, was manufacturing overhead over- or underapplied and by how much?

a. $32,000 overapplied

b. $32,000 underapplied

c. Overhead has not yet been applied

d. Overhead is neither over- or underapplied

6 0
1 year ago
Sales management at universal containers wants product managers to become more involved with sales deals that are being delayed
pickupchik [31]
If these were the given choices and I had to choose 2 answers.
<span>A. Use an assignment rule to notify product managers when opportunities are updated.
B. Create a Chatter group to share product information with the sales team, product managers, and customers. 
C. @mention product managers in Chatter posts on relevant sales deals. 
D. Add the opportunity team, product managers, and customers to libraries containing files relevant to sales deals.

My answers are:
</span>B. Create a Chatter group to share product information with the sales team, product managers, and customers. 
C. @mention product managers in Chatter posts on relevant sales deals.<span> 
</span>
Chatter group is real time. It is faster and more convenient to discuss product details that are needed to boost sales. Rather than looking for a product manager, one can simply post questions and clarifications on the chatter group and everybody can see the answers. It reduces redundancies. 
6 0
3 years ago
Bramble Corp. incurs the following costs to produce 9900 units of a subcomponent: Direct materials$8316 Direct labor11187 Variab
matrenka [14]

Answer:

$3,762

Explanation:

The computation is as seen below

Total cost when the production is 9,900 units

Direct materials $8,316

Direct labor $11,187

Variable overhead $12,474

Total $31,977

But,

Their new cost on supplier offer is

= $2.85 × 9,900 units

= $28,215

In the case when the order is accepted, the net income would increase by

= $31,977 - $28,215

= $3,762

5 0
3 years ago
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