Entries by Hannah Wangui

Question Differential analysis is a common method used when making which decisions? long-term capital project decisions short-term business decisions sunk cost decisions long-term business decisio

August 13, 2019 in /by

Question Differential analysis is a common method used when making which decisions?long-term capital project decisions short-term business decisions sunk cost decisions long-term business decisio   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

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.Using the information below for our company; determine the cost of goods manufactured during the current year: Direct materials used$5,000 Direct Labor 7,000 Total Factory overhead 5,100 Beginning work in process 3,000 Ending work in process 4,000 A. $12,000. B. $16,100. C. $17,100. D. $18,100. E. $13,600. 2.Using the information below, calculate net income for the period: Beginning Raw Materials Inventory $25,000 Ending Raw Materials Inventory 30,000 Beginning Work in Process Inventory 55,000 Ending Work in Process Inventory 64,000 Beginning Finished Goods Inventory 80,000 Ending Finished Goods Inventory 67,000 Cost of Goods Sold for the period 540,000 Sales revenues for the for the period 1,254,000 Operating expenses for the period 232,000 a. $714,000. b. $482,000. c. $1,022,000. d. $187,000. e. $727,000. 3.Based on a predicted level of production and sales of 22,000 units, a company anticipates total variable costs of $99,000, fixed costs of $30,000, and operating income of $36,000. Based on this information, the budgeted amount of variable costs for 20,000 units would be: a. $99,000. b. $90,000. c. $66,000. d. $30,000. e. $150,000. 4.A corporation declared a $0.50 per share cash dividend on its common shares. The company has 20,000 shares authorized, 9,000 shares issued, and 8,000 shares of common stock outstanding. The journal entry to record the dividend payment is: a.Debit Retained Earnings $4,000; credit Common Dividends Payable $4,000. b.Debit Common Dividends Payable $4,000; credit Cash $4,000. c.Debit Retained Earnings $4,500; credit Common Dividends Payable $4,500. d.Debit Common Dividends Payable $4,500; credit Cash $4,500. e.Debit Retained Earnings $10,000; credit Common Dividends Payabl

August 13, 2019 in /by

.Using the information below for our company; determine the cost of goods manufactured during the current year: Direct materials used$5,000 Direct Labor 7,000 Total Factory overhead 5,100 Beginning work in process 3,000 Ending work in process 4,000 A. $12,000. B. $16,100. C. $17,100. D. $18,100. E. $13,600. 2.Using the information below, calculate net income for […]

 

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August 13, 2019 in /by

for this problem i am on. they are 8% in the depreciation of the building. Where does the 8% come from. I dont understand on the formula page they take the 160,000 * 8% * 1/12. the 1/12 makes seance because it is only for the month of may, but i am confused on where […]

 

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Struggling to understand Job Costing vs Product costing as it relates to certain companies. I feel good about continuous (process) costing, but what would it be in this example:

August 13, 2019 in /by

Struggling to understand Job Costing vs Product costing as it relates to certain companies. I feel good about continuous (process) costing, but what would it be in this example:   Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code “Newclient”

 

Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"