Qué funcio tiene la feromonas<br>

Described below are certain transactions of Pina Corporation. The company uses the periodic inventory system. 1. On February 2,

nadya68 [22]

Answer:

Question: From the details given, make all the journal entries necessary to record the transactions above using appropriate dates.

Pina Corporation

Journal Entries

Date Details Debit Credit

$ $

February 2 Purchases 62,034

Accounts Payable 62,034

Being credit purchase of goods at discount of 2%

February 26 Accounts Payable 62,034

Purchase - Discount 1,266

Cash 63,300

Being payment made for goods purchased

April 1 Vehicle 52,000

Cash 3,000

10% 1-year Note payable 49,000

Being purchase of vehicle by part cash, part note-payable

May 1 Cash 82,900

Note Payable - Discount 9,600

1-year Note payable 92,500

Being borrowing from bank

August 1 Dividend 280,000

Dividend Payable 280,000

Being dividend declared, not yet paid

September 10 Dividend Payable 280,000

Cash 280,000

Being cash payment of dividend

Explanation:

a) 2/10, n/30 means that the buyer is to pay within 30 days but is entitled to 2% discount if the purchase is paid for in 10 days. Since Pina records at net amounts after cash discount

To record this purchase = 63,300 * 0.02 = 1,266

= 63,300 - 1266 = $62,034

b) Since payment was made on 26th, it means the 10 day discount was not utilized hence Pina pays full price for the goods

3 0

3 years ago

Companies HD and LD have the same tax rate, sales, total assets, and basic earnings power. Both companies have positive net inco

sukhopar [10]

Answer:

Company HD pays less in taxes

Explanation:

In the case when the company HD and LD have the similar rate of tax, sales revenue, etc even both have favorable net incomes also the company Hd contains greater debt ratio due to which it has more interest expense so that means company hd would pay less taxes

Therefore the above represent the answer

and, this is the answer but the same is not provided in the given options

5 0

2 years ago

Read 2 more answers

Longview Hospital performs blood tests in its laboratory. The following standards have been set for each blood test performed:

Julli [10]

Answer:

Instructions are below.

Explanation:

Giving the following information:

Standard:

Direct materials 2.0 plates $2.75 per plate

Direct labor 0.2 hours $15.00 per hour

Variable manufacturing overhead 0.2 hours $7.00 per hour

Actual:

1,500 blood tests.

3,600 plates were purchased for $9,540

3,200 plates were used for blood tests

340 actual direct labor-hours were worked for $5,550

1)The materials price variance:

Direct material price variance= (standard price - actual price)*actual quantity

Direct material price variance= (2.75 - 2.65)*3,600= $360 favorable

2) The materials quantity variance:

Direct material quantity variance= (standard quantity - actual quantity)*standard price

Direct material quantity variance= (2*1,500 - 3,200)*2.75

Direct material quantity variance= $550 unfavorable

3) The labor rate variance:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (15 - 16.32)*340= $448.8 unfavorable

4) The labor efficiency variance:

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (1,500*0.2 - 340)*15

Direct labor time (efficiency) variance= $600 unfavorable

5) The variable overhead efficiency variance:

Variable overhead efficiency variance= (Standard Quantity - Actual Quantity)*Standard rate

Variable overhead efficiency variance= (1,500*0.2 - 340)*7

Variable overhead efficiency variance= $280 unfavorable

8 0

2 years ago

Barton Industries has operating income for the year of $3,700,000 and a 25% tax rate. Its total invested capital is $18,000,000

rusak2 [61]

Answer:

1,875,000 Economic Value Added

Explanation:

Net Operating Profit After Taxes - Invested Capital x Weighted Average Cost of Capital = Economic Value added

This represent the return on the shareholders after their investment return is paid. It is the value generated from the investent resources.

3,700,000 x ( 1- 0.25 ) = 2,775,000 Operating Income after taxes

18,000,000 x 5% = (900,000) Required Return

1,875,000 Economic Value Added

4 0

3 years ago

Which education level has the highest return on investment (ROI)? ABachelor's Degree (4 years of college) BROI is equal for all

Bad White [126]

<span>A. A Bachelor's Degree This has the highest rate of investment because with the other options like a high school diploma, the person who gets such certificate can only earn minimum wage. However, with a 4 years Bachelor's degree the person can earn more and will live according to certain societal standards.</span>

8 0

3 years ago

Qué funcio tiene la feromonas​

Qué funcio tiene la feromonas