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marishachu [46]
3 years ago
5

The Work in Process inventory account of a manufacturing firm shows a balance of $1,678 at the end of an accounting period. The

job cost sheets of two uncompleted jobs show charges of $300 and $100 for direct materials, and charges of $200 and $400 for direct labor. From this information, it appears that the company is using a pre-determined overhead rate, as a percentage of direct labor costs of:____.
A. 80%.
B. 125%.
C. 300%.
D. 240%.
Business
2 answers:
olya-2409 [2.1K]3 years ago
6 0

Answer:

c.

Explanation:

Natasha_Volkova [10]3 years ago
5 0

Answer:

i believe that the answer is D

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Juan is a single taxpayer. He earned $45,000 in ordinary taxable income this year and has $10,000 in capital gains on an investm
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B. 10%

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3 years ago
Cinnamon Buns Co. (CBC) started 2021 with $61,500 of merchandise on hand. During 2021, $299,000 in merchandise was purchased on
Elenna [48]

Answer:

$30,220

Explanation:

Inventory purchased               $299,000

Discount (299,000*2%)                  ($5,980)

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Inventory returned                        ($7,800)

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Ending inventory=61,500+303,720-335,000

Ending inventory=$30,220

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3 years ago
What's one reason that buyers might need additional cash at closing for a short sale?
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Short sales don't clear liens from the title, so buyers may have to pay debts at closing.

A short sale affects whilst a vendor would not obtain sufficient coins from a buyer to pay off their mortgages. The seller may want to have paid or borrowed an excessive amount for the assets. The housing marketplace may have dropped, so its honest marketplace price is much less than the modern-day loan stability.

A short sale is when a mortgage lender has the same opinion to accept a loan payoff quantity less than what's owed with the purpose to facilitate a sale of the property by a financially distressed owner. The lender forgives the remaining stability of the mortgage.

A short sale comes with quite some catches. There are extra parties involved than a standard sale making the system complex and often lengthy. In a conventional home sale, price negotiations show up among the consumer and vendor (or their representatives), now not the seller's bank.

Learn more about the short sales here: brainly.com/question/25743891

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