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3 years ago

At December 31, Idaho Company had the following ending account balances:

Business

1 answer:

telo118 [61]3 years ago

5 0

Answer:

Balance of Stockholder's Equity at December 31 is $1,910,000.

Explanation:

This will appear as follows

Idaho Company

Details $

Stockholder's Equity:

Common Stock 525,000

Preferred Stock 500,000

Additional Paid-In Cap. - Common Stock 625,000

Additional Paid-In Cap. - Preferred Stock 50,000

Treasury Stock (40,000 )

Retained Earnings 250,000

Balance at December 31  1,910,000 

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Astrid, a customer service representative with NorthTel Wireless Services, was asked by one of her customers if NorthTel would b

zheka24 [161]

Answer:

NorthTel Wireless Services is an example of an organization with option B) Unity of Command

Explanation:

Unity of Command is a management theory that is used by small, medium, large scale businesses and government. It has a lot of advantages in comparison with others like Centralized, decentralized, line managers and work specialization.

Unity of command provides that an employee is responsible to only one supervisor, who in turn is responsible to another supervisor, and so on up the organizational hierarchy.

To to demonstrate how unity of command works from the bottom up. Consider NorthTel Wireless Services where Astrid, a customer service represnetative answers to her manager, DeShawn who in turn answers to another supervisor and so on.

When you are at the bottom rung and you supervise no one. However, you do answer to your unit supervisor, who answers to her department manager. The department manager answers to the vice president of operations, who answers to the CEO. The CEO answers to the chairman of the board of directors.

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3 years ago

Read 2 more answers

Dave Fletcher was able to determine the activity times for constructing his laser scanning machine. Fletcher would like to deter

skelet666 [1.2K]

Answer:

Project completion time: 21 weeks
Critical Path: B - E - G
ES, EF, LS, LF are shown below

Explanation:

The earliest start is the latest of the earliest finish times of the predecessors. The earliest finish is the sum of earliest start and duration.

The latest finish is the earliest of the latest start times of the successors. The latest start is the difference of latest finish and duration.

The slack is the difference between earliest start (or finish) and latest start (or finish).

Project duration is the earliest start of the "Project Done" task. For purposes of computing slack, this (project duration) is taken to be the latest finish of the immediate predecessors.

The critical path is the sequence of tasks with 0 slack.

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2 years ago

Ikerd Company applies manufacturing overhead to jobs on the basis of machine hours used. Overhead costs are estimated to total $

Viefleur [7K]

Answer:

A. $2.40 per Machine hour

B. Underapplied = $10,000

C. cost of goods sold (debit) $10,000 , overheads (credit) $10,000

Explanation:

A) Compute the manufacturing overhead rate for the year

Overhead Rate = Total Fixed Overheads / Budgeted Activity

= $300,000 / 125,000 Machine hours

= $2.40 per Machine hour.

B) What is the amount of under- or over applied overhead at December 31st?

Under Applied Overheads = Actual Overheads > Applied Overheads

Over Applied Overheads = Actual Overheads < Applied Overheads

Actual Overheads = $322,000

Applied Overheads = $2.40 × 130,000 hours = $ 312,000

Underapplied = $10,000

C) Prepare the adjusting entry to assign the under- or overapplied overhead for the year to cost of goods sold.

cost of goods sold (debit) $10,000

overheads (credit) $10,000

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3 years ago

Read 2 more answers

If abc company earned $280,000 in net income and paid cash dividends of $40,000, what are abc's earnings per share if it has 80,

Nadya [2.5K]

To find earnings per share, simply divide the company's net income by the number of shares that are outstanding. In this case, the values are $280,000/80,000. This gives a value of $3.50 for the earnings per share outstanding. Dividends, in this case, are not necessary for the calculation.

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3 years ago

Which of the following is a type of intellectual property?

GuDViN [60]

C: software

in most countries, there are four primary types of intellectual property (IP) that can be legally protected: patents, trademarks, copyrights, and trade secrets.

Copyrights do not protect ideas, but rather the manner in which ideas are expressed (“original works of authorship”) - written works, art, music, architectural drawings, or even programming code for software

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3 years ago