joe, a hair dresser, offers students a discount price on haircuts. this form of pricing is an example of

Concord Corporation has 8,800 shares of common stock outstanding. It declares a $3 per share cash dividend on November 1 to stoc

sasho [114]

Answer:

Declaration date:

Dr retained earnings $26400

Cr dividends payable $26400

Payment date:

Dr dividends payable $26400

Cr Cash $26400

Explanation:

Total dividend declared is the number of shares multiplied by cash dividend per share

total dividend=$3*8,800=$26400

On the record date no entries are required since record date, is just about verifying the bonafide shareholders.

On declaration date,dividends payable would be credited with $26,400 while retained earnings is debited.

On payment date,dividends payable is debited and cash credited

6 0

2 years ago

The determination of whether one is an independent contractor may include the following considerations except: a. How the person

Tamiku [17]

Answer:

d. The determination of the principal.

Explanation:

An independent contractor is one who is not bound by any affiliations to either a company, a country or an ideology.

He is hired to do a specific work and based on his contract, paid after, before or during the work.

The determination of the principal in no way affects his work as he isn't bound to the company as an employee and is a free agent. He is a professional who is not slack in his work and works efficiently to earn his pay

4 0

3 years ago

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Merv is a bulldozer operator. He was hired by Carla to fill in a swampland on her property and they signed a contract for him to

alina1380 [7]

If Merv calls Carla telling her the deal is off and Carla threatens to sue for breach of contract, the result is:

The contrails void, Carla loses

<h3>What is a Contract? </h3>

This refers to the legally binding agreement between two or more people about a particular request or work.

With this in mind, we can see that because Merv is hired by Carla to fill a swampland and he is later informed that the land is in protected wetlands, this makes the contract void and Carla loses because it is not of the doing of Merv.

Read more about contractual agreements here:

brainly.com/question/5746834

6 0

2 years ago

A consulting firm has two departments, Corporate and Government. Computer support is common to both departments. The cost of com

mestny [16]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

The cost of computer support is $13.27 million.

Gigabytes of Storage - Number of Consultants:

Corporate 98,200 145

Government 60,000 175

Fixed computer costs of $7.43 million are allocated based on the number of consultants.

Variable costs are allocated based on the number of gigabytes of storage used by the department.

First, we need to determine the estimated overhead allocation rate for each type of cost (fixed and variable).

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

<u>Fixed costs:</u>

Estimated manufacturing overhead rate= 7,430,000/(145 + 175)= $23,218.75 per consultant.

<u>Variable cost:</u>

Estimated manufacturing overhead rate= (13,270,000 - 7,430,000)/ (98,200 + 60,000)= $36.91 per gygabyte

Now, we can allocate overhead:

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

<u>Corporate:</u>

Allocated MOH= 23,128.75* 145 + 36.91*98,200= $6,978,230.75

<u>Government:</u>

Allocated MOH= 23,128.75*175 + 36.91*60,000= $6,262,131.25

6 0

3 years ago

Can someone help me with number 9 please

-BARSIC- [3]

Answer:

carbon paper

Explanation:

there is a yellow paper underneath that the ink is transferred to

3 0

2 years ago

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