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3 years ago

6

A machine with a cost of $142,000 and accumulated depreciation of $97,000 is sold for $56,000 cash. The amount that should be re

ported as a source of cash under cash flows from investing activities is:__________.

1 answer:

Temka [501]3 years ago

6 0

A machine would cost $142,000 and the depreciation of $98,000

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14

Explanation: dont have friends

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2 years ago

Ruff Wear expects sales of $560, $650, $670, and $610 for the months of May through August, respectively. The firm collects 20 p

Orlov [11]

Answer:

$643

Explanation:

Collection in the month of August is made up of

20 percent of sales for August
70 percent of sales for the month for July
8 percent of sales for the month of June

Considering all the elements stated above,Collection in the month of August

= (20% × 610) + (70% × 670) + (8% × 650)

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3 years ago

Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor hours at $15 per hour. Estimated total overhead f

nadezda [96]

Answer:

The question is not complete, find below complete question:

Job WR53 at NW Fab, Inc. required $200 of direct materials and 10 direct labor hours at $15 per hour. Estimated total overhead for the years was $760,000 and estimated direct labor hours were 20,000. What would be recorded as the cost of job WR53?

A. $200

B. $350

C. $380

D. $730

The correct option is D, $730 as shown below

Explanation:

Overhead absorption rate is given total overhead /direct labor hours

Overhead absorption rate=$760000/20000

=$38/ labor hour

Hence job WR53 would require $380($38*10 hrs) in overhead cost

The total cost of the job is given as follows:

Direct materials $200

Direct labor cost($15*10) $150

Overhead on the job <u> $380</u>

Total cost <u>$730</u>

The job WR53 would cost $730

In essence, for the job to be profitable, it must be sold at a price beyond $730, otherwise the job might be sold at a loss

7 0

2 years ago

Read 2 more answers

During November, the production department of a process operations system completed and transferred to finished goods 35,000 uni

azamat

Answer:

The number of equivalent units using the weighted-average method is 185,000.

Explanation:

Determine the number of units completed and transferred out.

Number of units completed and transferred out = Units in beginning

+ Units started and completed during the month

=35,000+110,000

=145,000

Therefore, the number of units completed and transferred out is 145,000 units.

It is given that the beginning units completed is 35,000, and the units started and completed are 110,000. They are added to calculate the number of units completed and transferred out. Therefore, the number of units completed and transferred out is 145,000 units.

----

Determine the number of equivalent units using the weighted-average method.

Equivalent units = Number of units completed and transferred out + Additional units in process ×Percentagecompleted

=145,000+(40,000×100%)

=185,000

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3 years ago

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svetoff [14.1K]

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