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ohaa [14]
3 years ago
15

Brahma Supply Company uses a periodic inventory system. During September, the following transactions and events occurred.

Business
1 answer:
Temka [501]3 years ago
4 0

Answer:

Date         Account titles & Explanation          Debit     Credit

Sep 04     Purchases (70 backpacks*$50)    $3,500

                        Accounts payable                                    $3,500

Sep 06     Accounts payable                           $300

                         Purchase return and allowances            $300

Sept 09   Accounts receivable                        $1,260

               (15 backpacks*$84)

                          Sales                                                         $1,260

Sept 13    Accounts payable                              $3,200

               (64 backpacks*$50)

                       Purchase discount (3,200*2%)                  $64

                        Cash (3,200*98%)                                      $3,136

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Weighted Average Method, Unit Cost, Valuing Inventories Applegate Enterprises produces premier raspberry jam. Output is measured
iris [78.8K]

Answer:

1. 780,000 pints

2. $1

3. $780,000

Explanation:

1. The computation of the equivalent units of production is shown below:

= Units completed and transferred out + completed units in ending inventory  × completion percentage

= 700,000 pints + 200,000 pints × 40%

= 780,000 pints

2. The computation of the unit cost for January month is shown below:

= (Beginning Work in process + Costs added during January) ÷  equivalent units

= ($156,000 + $624,000) ÷ (780,000 pints)

= $1

3. The computation of the assigned units is shown below:

= Units completed and transferred out × unit cost + completed units in ending inventory  × completion percentage × unit cost

= 700,000 pints  × $1 + 200,000 pints × 40% ×$1

= $780,000

3 0
3 years ago
Mr. Brown is in the 10 percent federal income tax bracket and wants to invest $10,000 in interest-earning assets. Mr. Black is i
snow_lady [41]

Based on the information given, the corporate bond will be recommended for Mr. Brown while the municipal bond will be recommended for Mr Black.

<u>Mr Brown:</u>

The after-yield tax on corporate bonds will be:

= Before tax yield × (1 - tax rate)

= 4% × (1 - 0.10)

= 3.60%

After tax yield on municipal bond will be:

= 3.5% × 1 = 3.5%

The corporate bond is recommended.

For <u>Mr. Black</u>

The after-yield tax on corporate bonds will be:

= 4% × (1 - 0.35)

= 2.60%

The after-yield tax on municipal bonds will be:

= 3.5% × 1

= 3.5%

Therefore, the municipal bond is recommended.

Red related link on:

brainly.com/question/25379770

5 0
3 years ago
Meredith, Linda, and Peter are working together in a project team at a home appliances company. They had to select two out of fi
I am Lyosha [343]

Answer:

a) avoiding

b) accommodation

Explanation:

a) Meredith feels uncomfortable with confrontations, she chooses to remain neutral while staying away from the discussion, so it is correct to say that she used the style of avoiding conflict resolution, which occurs when individuals prefer to avoid a situation that can generate conflicts as in the case described in the matter, and so they prefer to act diplomatically avoiding confrontations and not giving opinions contrary to a given situation.

b) Linda used the accommodation style as she gave in to Peter's demands for the choice of products. In this style, the individual values ​​the relationship with the other individual above his personal opinion, and therefore gives up on maintaining the conflict because of a situation that is less important to him than the maintenance of the relationship.

4 0
3 years ago
"stooge enterprises manufactures ceiling fans that normally sell for? $90 each. there are 300 defective fans in? inventory, whic
Oliga [24]

<span>We know that Profit = Earnings  - Cost</span>

Case 1: Sold as is

Profit = (300 fans* $20/fan) - (300 fans* $55/fan)

Profit = - $10, 500 (deficit)

 

Case 2: Processed further then sell

Profit = (300 fans* $90/fan) – [(300 fans* $55/fan) + (300 fans* $40/fan)]

Profit = - $1, 500 (deficit)

 

<span>Since Case 2 has lower deficit, then it is better to process the fans further then sell to normal selling price.</span>

4 0
4 years ago
What would be the most challenging part of working in Information technology
stellarik [79]

Answer:

The most challenging part of working in information technology are as given below:

1. Workload

2. Cybersecurity

3. Skills gaps

4. Digital transformation

5. Cloud computing

6.Budget

7.Leadership support in prioritizing new skills development

8.Analytics and data management

9.Automation

Explanation:

Many have been facing a new hurdle—not confined to IT. As millions of people adjust to the new norm of remote working, employees, as well as supervisors had to learn quickly how to improve virtual communication and collaboration. For those who don't have the habit of working from home, it may be a fight to avoid distractions that aren't a factor if you work at an office. (e.g. family members, house chores, Netflix).

In the event of a difficult transition to remote work, we offer various training courses designed specifically to help teams maximize virtual technologies and enhance soft skills, which are more critical when staff is in separate places.

4 0
3 years ago
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