Answer:
Entry is given below
Explanation:
Entry for factory labor cost
DATE ACCOUNT DEBIT CREDIT
DEC 31 Work in Progress(w) $97,780
Factory overhead $6,340
Wages payable $104,120
Working
Work in progress = 3,860+4,300+24,500+18,600+7120+7400+32,000
Work in progress = 97,780
NOTE: Work in progress is sum of all direct labor cost
Factory Overhead = all indirect labor cost which is only $6,130
20%
<span>24 is what percent of 30 is equal to (24 / 30) x 100 = 80%.
</span>
Now we subtract 80% by 100.
80 - 100 = 20%
Hope this helped. Have a great night!
Answer:
Explanation:
There are many obstacles that such a company may face when pursuing such an endeavor. One of which is establishing the site, knowing how to properly manage and communicate with potential buyers. Another would be language barriers, as an e-commerce site you become available to a much wider audience and not all of which speak the language that you speak. Therefore, figuring out how to properly communicate and help these individual's is key. Another big obstacle would competition, by getting into e-commerce you are also entering a market that is full of already established competitors that will do everything to outperform you.
Answer:
Required return will be equal to 9.30%
Explanation:
We have given current dividend of the year = $2.00 per year
Current price = $21.50
We have to find the market required return
Required return is equal to ratio of current dividend and current price
Required return
= 9.30 %
So required return will be equal to 9.30 %
Answer: $74100
Explanation:
Based on the information given, the amount of cash expected to be collected in October will be calculated thus:
October, credit sales will be:
= 60% x $247000
= $148200
Since the amount that'll be collected in October will be 50% of the credit sales. This will be:
= 50% × $148200
= $74100
