Help me please.. there is no option on here for human resources principals, so i jus clicked business as the subject..

The following information is available for Dakota Company: Product 1 Product 2 Sales $1,400,000 $1,800,000 Direct materials (200

xeze [42]

Answer:

$380,000

Explanation:

Particulars Product 1 (Amount)

Sales $1,400,000

(-) Direct materials ($200,000)

(-) Direct labor ($600,000)

(-) Manufacturing overhead

Batch level ($400,000*20/80) ($100,000)

Product line level ($600,000*10/50) ($120,000)

Gross margin $380,000

So, Dakota Company's gross margin for Product 1 using activity based costing is $380,000

6 0

3 years ago

traci budgeted $770 for fixed expenses and $530 for living expenses per month. She has no annual expenses. Her annual net income

Nuetrik [128]

ANSWER: Surplus by $1,152

EXPLANATION: Traci had a budget of $770 for fixed expense and $530 for living expenses per month which adds up to $1,300 expenses per month. Since she has no annual expense, her yearly total expense would be $15,600.

Traci earns $16,752 so by subtracting her expense from income, we get $16,752 - $15,600 = $1,152

7 0

4 years ago

Read 2 more answers

Prepare journal entries to record each of the following four separate issuances of stock. A corporation issued 5,000 shares of $

asambeis [7]

Answer and Explanation:

1. Cash Dr, $120,000

To Common Stock $100,000 (5,000 × $20)

To Additional Paid - in - Capital in Excess of Par $20,000

(Being issue of common stock is recorded)

2. Cash Dr, $28,000

To Common Stock Dr, $2,500 (2,500 × $1)

To Additional Paid - in - Capital in Excess of Stated $31,500

(To record issue of common stock to promoters)

3. Organization Expenses Dr, $28,000

To Common Stock Dr, $28,000

(Being issue of common stock in exchange of organization expenses is recorded)

4. Cash Dr, $121,750

To Preferred Stock $93,750 (1,250 × $75)

To Additional Paid - in - Capital in Excess of Par (Preferred) $28,000

(Being issue of Preferred stock is recorded)

8 0

3 years ago

Crane Company purchased $1080000 of 8%, 5-year bonds from Swifty, Inc. on January 1, 2021, with interest payable on July 1 and J

nasty-shy [4]

Answer: $27,864

Explanation:

The amount that should be recorded as other comprehensive income is the fair value less the sales price and the amortized premiums to reflect the true value of the investment,

= 1,164,000 - 1,129,896 - 3,048 - 3,192

= $27,864

$27,864 is the amount Crane Company should report as other comprehensive income and as a separate component of stockholders’ equity.

6 0

3 years ago

Given the following list of accounts with normal balances, what are the trial balance totals of the debits and credits?

Alexeev081 [22]

Please see attached image to see the given data.

The trial balance totals of the debits and credits are $2,250 debit, $2,250 credit.

$1000 (cash) + $500 (Equipment) + $750 (Salaries Expense) = $2,250 Debit

$350 (Accounts Payable) + $900 (Capital) + $1000 (Service Fees) = $2,250 Credit

7 0

3 years ago