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Marizza181 [45]
3 years ago
11

ACCT - Utilities Expense is a/an a. Asset b. Liability c. Revenue d. Expense

Business
1 answer:
Vlad1618 [11]3 years ago
8 0
Utilities Expense - D. Expense
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Love It Industries manufactures​ custom-designed playground equipment for schools and city parks. Love It expected to incur $ 78
faltersainse [42]

Answer:

Total manufacturing cost of job 302 :            $

Direct material cost                                        15,100

Direct labour cost(190hrs x $38)                  7,220

Manufacturing overhead(190hrs x $19)      3,610

Total manufacturing cost                             25,930

Overhead absorption rate = Budgeted overhead/Budgeted activity level

                                             = $784,700/41,300 hrs

                                             = $19

Explanation:

In this scenario, we need to add the direct material cost, direct labour cost and manufacturing overhead in order to obtain the total manufacturing cost. Overhead absorption rate is calculated from the company's budget provided in the question. Overhead is absorbed on direct labour hours. The direct labour hourly rate of $38 was provided in the question

8 0
3 years ago
Elena works in the audit department of a practice as an audit administrator. She assists the audit teams by recording and proces
EleoNora [17]

Explanation:

I would leave out the part about the people you currently work with and just state that you are a team player and the you love to be around people who are outgoing and you are very sociable and a quick learner

4 0
4 years ago
George deposited $2,000 in his bank account, which offers 5 percent compound interest calculated annually. what would be the pri
Ymorist [56]

Answer:

$2,205

Explanation:

The amount available after two years can be calculated using the formula

A= P x ( 1 + r) ^n

where A = amount

P= principal: $2000

r = interest rate : 5%, or 0.05

n = number of compound periods: 2

A= $2000 x ( 1 + 0.05)^2

A= $2000 x1.1025

A= $2,205

Principal amount after two years = $2,205

3 0
3 years ago
Read 2 more answers
Compute the payback statistic for Project A if the appropriate cost of capital is 9 percent and the maximum allowable payback pe
-BARSIC- [3]

Answer:

Simple Payback period is 2.52 years.

Discounted Payback period is 2.97 years

Explanation:

Payback period is the number of years that a project takes to recover the project's initial investment.

Simple Payback

Project A                                                                                          

Time:                0            1            2            3             4              5

Cash flow    –$1,500   $550    $630     $620       $400       $200

Payback period = 550/550 + 630/630 + (1500-550-630)/620 = 2.52 years

Payback period = Approximately 2.52 years

In simple term it will take 2.52 years to recover the initial investment.

Discounted payback

Project A                                                                                          

Time:                0            1            2            3             4              5

Cash flow    –$1,500   $550    $630     $620       $400       $200

PV @ 9%      –$1,500   $505    $530     $479       $283        $130

Payback period = 505/505 + 530/530 + (1500-505-530)/479 = 2.97 years

Payback period = Approximately 2.97 years

It will take about 2.97 years to recover the initial investment of $1,500 using discount rate of 9%  

5 0
4 years ago
Why is the sports and entertainment industry so popular? Cite two specific reasons.
Nataly [62]

Answer:

Well, in sports, that's more popular than of entertainment. See, in sports, people want to know about sports scores, hey, they even bet on it. So, with the entertainment, people want to know about celebrities or famous singers, or new movies and TV shows episodes.

Explanation:

About citing, I think you're on your own with that. If you got this question from a text book, then you going to have to read.

5 0
3 years ago
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