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3 years ago

If offered employment by Amazon, would you be legally eligible to begin employment immediately?

Business

1 answer:

mr Goodwill [35]3 years ago

5 0

Answer:

Explanation:

offered employment by Amazon, would you be legally eligible to begin employment immediately?

Legally eligible for employment could be explained as having the right to take up a job in a particular country, which means one should posses a work permit or visa which will allow one to work for an employer in US since AMAZON is in US.

.it should be noted that The applicant is considered eligible, if the applicant is available bin US when submitting it as a citizen or with work permit

Therefore, I'm eligible to begin work immediately, if I'm offered employment by Amazon, if I meet the above criteria, and we know Amazon is in US.

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Mary's Mugs produces and sells various types of ceramic mugs. The business began operations on January 1, year 1, and its costs

vova2212 [387]

Answer:

Explanation:

Direct Material cost per unit = Cost of Direct materials/ units produced = $3400/17000 mugs = $0.20 per mug

Direct material used per mug = 0.40 pounds

Direct material cost per pound = $0.20 / 0.40 = $0.50 per round

Direct material inventory = 3400 * $0.50 = $1700

b. Compute the finished goods ending inventory in units on December 31, year 1.

Finished Goods inventory (in units) = Finished goods inventory / manufacturing cost per unit

Manufacturing cost per unit = (Direct material + Direct Labour + Indirect manufacturing cost)/Units Produced

= ($3400+$25280+$1140+$4180)/17000 = $2 per unit

Finished Goods inventory (in unit) :

Year 1 = $6,000/$2 = 3000 units

c. Compute the selling price per unit.

Selling price per unit = Revenues / units sold

Units sold = Units produced - units in the ending finished goods inventory = 17000-3000 = 14000

Selling price per unit = $52,500/14000 = $3.75

d.Compute the operating profit (loss) for year 1

Operating income for the year :

Revenues $52,500

Cost of goods sold (14000*$2) (28000 )

-----------------------------------------------------------------

Gross Margin $24,500

Less marketing and administrative cost:

Variable cost ($2,350)

Fixed cost ($11,800)

-----------------------------------------

($14,150)

Operating Profit $10,350

7 0

3 years ago

At year end, Tangshan China Company balance sheet showed total assets of $60 million, total liabilities (including preferred

Studentka2010 [4]

Answer:

Earnings per share

= Net income - Preferred dividend

No of common stocks outstanding

= $1,500,000 - 0

1,000,000 shares

= $1.50 per share

P/E ratio = Market price per share

Earnings per share

15 = Market price per share

$1.50

Market price per share = 15 x $1.50

= $22.50

Explanation:

In this question, there is need to calculate earnings per share by dividing net income by number of common stocks outstanding. Thereafter, we will apply P/E ratio formula, where P/E ratio and earnings per share are known. We will make market price per share the subject of the formula.

7 0

3 years ago

A factory currently manufactures and sells 800 boats per year. Each boat costs $5,000 to produce. $4,000 of the per-boat costs a

spayn [35]

Answer:

Explanation:

Variable costs are incurred only when a boat is manufactured such as material and direct labor. Thus variable costs will remain unchanged since it will costs the exact same amount to manufacture another identical boat. If it costs $4,000 in material and direct labor to manufacture boat A it will cost $4,000 to manufacture boat B. Fixed costs are sunk costs that will be incurred whether they manufacture 800 or 1,000 boats per year. The rent and admin costs will remain unchanged no matter how many boats are manufactured. But the fixed cost per boat will change. The total fixed costs are $80,000 (800 boats x $1,000 per boat fixed cost). If the manufacturing rate is increased to 1,000 boats per year, the per boat fixed cost will decrease to $800. Fixed costs remain at $80,000/1,000 boats = $800.

4 0

3 years ago

Please help me thankssss !!!!

fredd [130]

Answer:

Money owing to bank, Motor Van, Stock of goods

Explanation:

7 0

2 years ago

On February 1, 2021, Strauss-Lombardi issued 8% bonds, dated February 1, with a face amount of $810,000. The bonds sold for $735

Mnenie [13.5K]

Answer and Explanation:

According to the scenario, computation of the given data are as follow:-

Interest paid semiannually on July 31, and Jan 31,

so the rate of interest is :- 9% × 6÷12 = 4.5% and 8% × 6÷12 = 4%

Date Interest Paid interest 4% Amortized Carrying value

expenses 4.50% discount amount

February,1 $735,474

July,31 $33,096 - $32,400 $696 $736,170

Jan.31 $33,128 - $32,400 $728 $736,898

Working note =

Paid interest = $810,000 × 4÷100 = 32,400

Interest expenses in July,31 = $735,474 × 4.5 ÷ 100

= 33,096.33 or $33,096

Interest expenses in January,31 = $736,170 × 4.5÷100

= 33,127.65 or $33,128

Carrying Value = Previous Carrying Value + Amortized Discount Amount

July,31

= $735,474 + $696

= $736,170

Jan,31 = $736,170 + $728 = $736,898

Journal Entry

Feb,1 Cash A/c Dr. $735,474

Discount on bonds payable A/c Dr. $74,526

To bonds payable A/c $810,000

(To Record the issuance of bond)

July,31 Interest expense A/c Dr. $33,096

To Discount on bonds payable A/c $696

To Cash A/c $32,400

(To Record the interest expense)

Dec,31 Interest expense A/c Dr. $27,606

(9% × 5÷12) × $736,170

To Discount on bonds payable A/c $606

To Cash A/c $27,000 (8% × 5÷12) × $810,000

(To Record the accrued interest)

Jan,31 Interest expense A/c Dr. $5,522

Interest payable A/c Dr. $27,000

To Cash A/c $32,400

To Discount on bonds payable A/c $122

($728 - $606) = $122

(To Record the interest on January)

8 0

3 years ago