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3 years ago

1. Why might a company claim that the total cost of employing a person is $15.30 per hour

1 answer:

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Companies often do work on a cost-reimbursement basis. That is, Company B reimburses Company A for the cost of doing work for Company B. Suppose your company has a contract that calls for reimbursement of direct materials and direct labor, but not overhead. Following are costs that various organizations incur; they fall into three categories: direct materials (DM), direct labor (DL), or overhead (OH). Classify each of these items as direct materials, direct labor, or overhead.

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The difference between overhead applied to work in process and actual overhead is ______. Multiple choice question. ending work

FromTheMoon [43]

debits Depreciation expense, while the other debits Manufacturing overhead

Yw and pls mark me as brainiest

5 0

2 years ago

If Pratt Company issues 5,000 shares of $5 par value common stock for $210,000, the accounta. Common Stock will be credited for

antiseptic1488 [7]

Answer:

d. Cash will be debited for $210,000.

Explanation:

The journal entry for the issue of shares is shown below:

Cash A/c Dr $210,000

To common stock (5,000 shares × $5) = $25,000

To Paid-in Capital in Excess of Par Value $185,000

(Being issue of shares recorded)

So, the cash account is debited whereas the common stock and paid-in capital should be credited

And, the remaining balance should be transferred to the Paid-in Capital in Excess of Par Value

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3 years ago

The management of Helberg Corporation is considering a project that would require an investment of $203,000 and would last for 6

levacccp [35]

Answer:

Helberg Corporation

The payback period of the period is closest to:

1 year and 6 months (1 1/2 years).

Explanation:

a) Data and Calculations:

Required project investment = $203,000

Scrap value of project's assets = $23,000

Depreciable amount of project's assets = $180,000

Period of project = 6 years

Annual depreciation = $30,000 ($180,000/6)

Annual net operating income = $103,000

Annual cash inflow = $133,000 ($103,000 + $30,000)

b) The payback period of the project = $203,000/$133,000 = 1.53 or 1 year and 6 months. This shows that the project will break-even in a year and six months, when the project's cash outflow equals the cash inflow.

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2 years ago

PLZ help

Aleksandr [31]

Answer:

Resources are limited.

Production requires resources.

Everyone wants or needs goods.

Explanation:

Different regions provide different resources that people can use for their business. People in that region need to understand the type of resources that are available for them and produce the goods that can be sustained by the available resource.

This scarcity means that acquiring resources require a certain amount of capital. Since people do not unlimited capital, they have to be picky with their consumption/production to ensure the ones with highest priority are fulfilled first.

On top of that, everyone wants or needs goods. Meaning that in order to obtain a certain resources, people will have to face competition. As the competition become more fierce, the sacrifice that is needed to obtain a certain product is increased. This is also why they have to watch out which product they should choose to consume.

7 0

3 years ago

If you believe that your identity has been stolen, you should close the accounts that have been compromised.

evablogger [386]

That would be true in a true or false scenario. It's better to be safe than sorry - they can mess up your credit, and burn bridges for opportunity for you.
That's another reason why you should guard a social security number with your life and only give it when something's 100% authentic - they can steal your identity from those numbers!
Good luck, rockstar!
I hope you pass, and that this helps!

6 0

3 years ago