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Setler [38]
2 years ago
15

Indicate the missing amount for each letter.

Business
1 answer:
ExtremeBDS [4]2 years ago
7 0

Answer:

Follows are the solution to this question:

Explanation:

                                                       Case 1

                                      Production cost of goods

Work is under way, start                                                            1510

Material direct                                     9780

Labor Direct                                        5950

Overhead production                        8870

Total cost of production                                           24600  

Total work costs under way                                     26110

Less: Finishing job in phase                                       8140

Generated cost of goods                                          17970

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Answer:

1) To verify transactions have the correct date assigned to them. 2) To verify that an account balance is within its credit limit. 3) To verify that all transactions have been recorded for the period.

Explanation:

6 0
2 years ago
Written notice of an Investigative Report must be given within ______ advance notice before the report beings.
Tpy6a [65]

Answer:

3 days.

Explanation:

An Investigative report can be defined as a report prepared by a forensic expert or professional in the unraveling of a crime or issue.

Written notice of an Investigative Report must be given within 3 days advance notice before the report beings.

Basically, an investigative report is required or expected to give an insured person not more than 3 days advance written notice before the report will begin.

3 0
3 years ago
The following events took place for Digital Vibe Manufacturing Company during January, the first month of its operations as a pr
dedylja [7]

Answer:

1.  Income Statement for Digital Vibe Manufacturing company

                    For the Month ended January 31

Sales                                                        875,000

Cost of goods sold                                  525,000

Gross Profit                                              350,000

Operating Expenses:

Selling expenses                 125,000

Administrative expenses     80,000

Total Operating expenses                       <u>205,000</u>

Net Income                                               <u>$145,000</u>

<u />

B.

1. Ending material inventory = Material purchased - Used material in production

= 168,500 - 149,250

= $19,250

2. Ending work in Process inventory = Material used in production + Direct labor + Factory overhead - Transferred of work in process to finished goods

= 149,250 + 360,000 + 120,000 - 600,000

=$29,250

3. Ending finished goods inventory = Transfer from work in progress - Cost of goods sold

= 600,000 - 525,000

= $75,000

6 0
2 years ago
George owns a custom pottery business where he makes all types of mugs and drinkware. Which of the following products would dram
liq [111]

Answer:

a. glass coffee mugs

Explanation:

As we know that the glass coffee mugs and the pottery mugs are the subsitutes goods. In the case when the price of glass coffee mugs would decline so it would more consume due to which the demand of the pottery mugs would reduced

Therefore as per the given situation, the product that impact the profit margin is option a

hence, the correct option is a.

7 0
3 years ago
On April 10, Caryâs Carpet Cleaning, Inc. borrows $15,000 from a bank, depositing those funds in its bank account and signing a
Gnom [1K]

Answer:

Cash A/c Dr $15,000

  To Notes payable A/c $15,000

(Being the bank borrowing through a note payable is recorded)

Explanation:

The journal entry is shown below:

Cash A/c Dr $15,000

  To Notes payable A/c $15,000

(Being the bank borrowing through a note payable is recorded)

This transaction increases the cash balance so the cash account should be debited and the note payable account should be credited as it creates a liability which is to be reflected in the balance sheet

6 0
3 years ago
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