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nikklg [1K]
3 years ago
5

At the end of April, Cavy Company had completed Jobs 766 and 765. The individual job cost sheets reveal the following informatio

n:Job Direct Materials Direct Labor Machine HoursJob 765 $6,160 $1,848 22Job 766 13,338 4,212 78Job 765 produced 132 units, and Job 766 consisted of 234 units.Assuming that the predetermined overhead rate is applied by using machine hours at a rate of $107 per hour.a. Determine the balance on the job cost sheets for each job.
Business
1 answer:
bulgar [2K]3 years ago
3 0

Answer: See explanation

Explanation:

The balance on the job cost sheets for each job will be:

Job 765:

Direct materials = $6160

Direct labor = $1848

Overhead cost = 22 × $107 = $2354

Total job cost = $6160 + $1848 + $2354 = $10362

Job 766:

Direct materials = $13338

Direct labor = $4212

Overhead cost = 78 × $107 = $8346

Total job cost = $13338 + $4212 + $8346 = $25896

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Family capital A. refers to financial assistance offered to families by the government. B. typically helps families obtain bette
Serhud [2]

Answer:

C. can be used to help one's children in school

Explanation:

A "family capital" refers to the<u> family resources such as the means to positively influence the life of children in the future. </u>This happens when family members help each other in order to attain a goal <em>(personal/societal)</em>.

From the definition of family capital, it can then be used to help one's children in school. So, the family work together in order to make their children educated and become better citizens of the nation. <em>An efficient family</em> can affect the society <em>by producing a surplus of resources</em> that the society can benefit from.

So, this explains the answer.

6 0
3 years ago
Consider the following scenario analysis:
seropon [69]

Based on the scenario analysis on stocks and bonds, we know the following:

  • Treasury bonds will provide a higher return in a recession than in a boom.
  • The expected return of Bonds is 9.8% and that of stocks is 11.6%.
  • The standard deviation of Bonds is 9.24% and that of stock is 11.76%.

<h3>What does the scenario analysis on Bonds and Stocks show?</h3>

In a recession, Bond returns will be 15%. This is much higher than Bond returns in a boom of only 5%.

The expected return on bonds will be:

= ∑(Probability of Scenario x Returns in scenario)

= (0.30 x 15%) + (0.60 x 8%) + (0.10 x 5%)

= 9.8%

The expected return on stocks will be:

= (0.30 x -6%) + (0.60 x 18%) + (0.10 x 26%)

= 11.6%

Using a spreadsheet, you can input the expected returns of the stocks and the bonds to find the standard deviation to be 9.24% and 11.76%, respectively.

Find out more on stock expected returns at brainly.com/question/18724022.

#SPJ1

3 0
2 years ago
As the accountant for Marston Retail Stores, you must calculate the current ratio for the firm's last accounting period. The fir
I am Lyosha [343]

Answer:

1.5

Explanation:

Current ratio = current asset/current liabilities

This ratio is used to determine how quickly the current assets can be used to settle the current liabilities as they fall due.

current assets = $120,000

current liabilities = $80,000

The firm's current ratio = $120,000/$80,000

                                      = 1.5

5 0
2 years ago
The Garden Shoppe has adopted a policy of increasing the annual dividend on its common stock at a constant rate of 1.65 percent
Andru [333]

Answer:

In order to find the dividend 8 years from now we will use the formula D*(1+R)^N

Right now

D= 1.84

R=1.65%

N= 8

1.84*(1.0165)^8

=2.097

The dividend 8 years from now will be $2.097.

Explanation:

3 0
3 years ago
Oakton Furniture provided the following information relevant to its sales for December Year 1 and the first quarter of Year 2: D
Sauron [17]

Answer:

$33,630

Explanation:

Given that the company's collection history shows that 43% of credit sales are collected in month of sale and the remainder (57%) is collected in the following month then, in the month of January, Cash collections in January from December credit sales would be equivalent to 57% of December Credit sales. Using the actual figures,

Cash collections in January from December credit sales would be

= 57% * 59,000

= $33,630

7 0
3 years ago
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