Reynolds Manufacturers Inc. has estimated total factory overhead costs of $136,400 and expected direct labor hours of 12,400 for the current fiscal year. If Job 117 incurs 1,110 direct labor hours, Work in Process will be debited and Factory Overhead will be credited for a.$12,210 b.$136,400 c.$68,200 d.$1,110

Answers

Answer 1
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Related Questions


The Bruin's Den Outdoor Gear is considering a new 7-year project to produce a new tent line. The equipment necessary would cost $179 million and be depreciated using straight-line depreciation to a book value of
zero. At the end of the project, the equipment can be sold for 15 percent of its initial cost. The company believes that it can sell 28,500 tents per year at a price of $74 and variable costs of 33 per tent. The fixed costs
will be 5495,000 per year. The project will require an initial investment in net working capital of $233,000 that will be recovered at the end of the project. The required rate of return is 117 percent and the tax rate is 40
percent. What is the NPV?

Answers

add 5495,000 and 233,ooo I hope this helped

According to this question, the NPV is $519,084.61 of this project calculating through Net Present Value formula.  

What is Net Present Value?

Net Present value is a tool of capital budgeting which is used for financial analysis and the profitability of a project or investment.

Net Present Value is calculated by taking the difference between the present value of cash inflows and present value of cash outflows over a period of time.

For every organisation, it is an important factor to calculate this it may help to take decisions regarding the expansion of business and investment very wisely.

Therefore,

Net Present Value = Rt / (1+i) t

where,

Rt = net cash flow

i = discount rate

t = time of cash flow

So, NPV is $ 519,084.61

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Help me please

With one worker, total production is 100. When a second worker is added, total product

increases to 300. The marginal product of the second worker is ….???
100.

200.

400.

300.

Answers

Total production is 100

let the product of second worker be x

then 100+x = 300

x = 200

The marginal product of the second worker is 200

Which is not an advantage of a savings account?
A. You can deposit money in a savings account anytime.

B. The FDIC insures your savings against loss.

C. Savings accounts have low interest rates.

D. Savings accounts earn interest.

Answers

Answer:

C. Savings accounts have low interest rates.

'Savings accounts have low interest rates,' is not an advantage of a savings account.

What is a savings account?

A savings account is a deposit account that lets you deposit money safely with a bank. It also ensures safety and access to your money whenever you need. You can withdraw your money, either digitally or in person, at any point in time, from your savings account.

In savings accounts, interest can be compounded, either by daily, monthly, or quarterly means and you can earn interest based on that. In exchange for the ease and liquidity that savings accounts offer, one earns a lower rate than that paid by more restrictive savings instruments and investments.

Why does a savings account offer low interest rates?

When rates on loans are low, banks like to keep savings account rates even lower so that they can continue making money on them. Another reason of low interest rates is that, the RBI has slashed the repo rate from 6.25% to 6% on cues of low inflation.

Thus, this has enabled banks to get funds from RBI at lower interest rates. So this leads to the reduction of the interest rates on savings accounts and fixed deposits for its customers.

Hence, option C is correct.  

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Which of the following financial statements is also called a profit and loss statement?

Answers

Answer:

Also known as the profit and loss statement or the statement of revenue and expense, the income statement primarily focuses on the company's revenues and expenses during a particular period.

What would be the benefit of selling on Friday?

Answers

Answer:

In the U.S, Fridays that are on the eve of three-day weekends tend to be especially good. Due to generally positive feelings prior to a long holiday weekend, the stock markets tend to rise ahead of these observed holidays.

Explanation:

“Friday is the best day to sell” is already marginalised in the Investopedia article dedicated to it[1] .

The assumption “if everyone is selling” cannot be true, when there are only people willing to sell there is no trade, and with that no price.

It same assumption also includes a notion that there are fewer parties that are willing to hold over the weekend than there are willing to sell. In other words: it implies there are more short term traders than long term traders and (buy and hold) investors.

Help Plsss Ill give brainlest

Danielle is a cosmetologist who specializes in hair color. What skill might benefit Danielle in her career?

Question 10 options:

Danielle enjoys working alone.


Danielle likes math and solving puzzles.


Danielle is friendly and outgoing.


Danielle is competitive and likes sports.

Answers

Answer: Danielle is friendly and outgoing

Explanation: she works with other people and specializes on people’s hair color

1. What is the relationship between employment and education? Explain.​

Answers

Explanation:

I don't know sore

sorry broo plz.

What is General training?​

Answers

Answer:

The training focusing on the theoretical knowledge is called general training.

Answer:

What is General training?

General Training measures English language proficiency in a practical, everyday context.

How much would you need to deposit in an account now in order to have $6000 in the account in 15 years

Answers

Answer:

$400

Explanation:

So we know that is 15 years you will have $6000

so $6000 divided by 15 years.This will bring you how much money you have to deposit each year..

6000/15

400

so..

you will have to deposit $400 every year in 15 years.

Find the tax on a home if the assessed value is $24,375 and the tax rate is $43.97 per $1,000

Answers

Answer:

1071.76875

Explanation:

24,375/1000=24.375

24.375x43.97=1071.76875

I dont know a thing about buisness but I like math so I hope this is correct

A 7-year, $1,000 par bond has an 8% annual coupon and is currently yielding 7.5%. The bond can be called in 3 years at a call price of $1,010. What is the bond yielding, assuming it will be called (known as the yield to call)?

Answers

The Yield to call is 7.30%

Par value of Bond (FV) = $1,000

Annual Coupon (A) = 8%*1,000 = $80

Years until maturity = 8

Current YTM = 7.5%

We need to calculate the Current Price of Bond (PV)

PV = 80 * (P/A, 0.075, 7) + 1000 * (P/F, 0.075, 7)

PV = $1,026.48

Call Price = $1,010

Call Period = 3 years

Yield to call = ytc

1026.48 = 80* (P/A, ytc, 3) + 1010 * (P/F, ytc, 3)

Using the trail and error method,

Yield to call = 7.30%

In conclusion, the Yield to call is 7.30%

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What is Ministry of Freedom ?

The Ministry of Freedom Program was founded by Jono Armstrong who is a successful affiliate, generating 8-figure income. He's developed this full training + mentoring + coaching program to help others to achieve similar success.

Answers

Answer:

The Ministry of Freedom Program was founded by Jono Armstrong who is a successful affiliate, generating 8-figure income. He's developed this full training + mentoring + coaching program to help others to achieve similar success.

Uhhhh..... can someone help me plz

Katrina graduated from college with a degree in veterinary science. She also has an interest in law enforcement. What company might be interested in hiring Katrina?
Question 5 options:


a government building looking for a security officer


a city government in need of an animal control officer


a county commissioner looking for an executive assistant


a large bank in need of a network manager

Answers

Definitely the second option I would say.
Second option most definitely

Based on the following information answer question Furniture manufacture has 3 units of standard direct material allowed for one unit of output. One unit of direct material is expected to be purchased on average at $10. During the period the manufacture has produced 7000 units of output 4 units of direct materials have been used. The direct materials have been purchased at $9 per unit. The total quantities of materials purchased were 30,000 units. 1.What is a standard cost for material? 2.What will be the total inputs allowed as per the budget for actual outputs achieved? 3.What is total actual direct material used to produce actual output? 4.What is the material price variance? 5.What is the material efficiency variance? 6.What will be flexible budget variance? 7.Which one of the following items would never appear on a cash budget?

Answers

1. The standard cost for material per output unit is $30 ($10 x 3).

2. The total inputs allowed for actual outputs achieved is 21,000 units (7,000 x 3).

3. The total actual direct material used for actual output is 28,000 units (7,000 x 4).

4. The material price variance is $28,000 Favorable {($10 - $9) x 28,000}.

5. The material efficiency variance is $70,000 Unfavorable (21,000 - 28,000) x $10.

6. The flexible budget variance is $28,000 Favorable ($280,000 - $252,000).

7. The item that would never appear on a cash budget is the Depreciation Expense.

Data and Calculations:

Standard units of input materials = 3 units

Average cost of a unit of materials = $10

Total cost of 3 units = $30 ($10 x 3 per unit output

Actual production = 7,000 units

Flexible units of materials = 21,000 units (7,000 x 3)

Actual units of materials used = 28,000 units (7,000 x 4)

Actual cost of materials purchased = $9 per unit

Thus, depreciation expense does not involve a cash flow.

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2. Why do many people have a fraught relationship with money

Answers

People have a fraught relationship with money due to the anxiety that comes with it and the fear that it might run out.

People have a lot of judgment, it does not matter if they have a lot of cash or if they do not. A lot of people do not have a good relationship with money because of the fact that money makes them anxious.

A lot of insecurities are associated with money as well. Without money, people live in a lot of tension, they fear poverty. When people have money they also fear that the money would run out.

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Your uncle is offering to sell you his T-shirt printing business for $1M. You think a multiple of 10X earnings (profit) is fair. His earnings are $69,000 per year. Should you buy it?

Answers

No because it is to expensive and the modern outfits are changing relatively quickly

Stargel Inc. common stock was $119.70 on December 31, 2014.
Stargel Inc.
Comparative Retained Earnings Statement
For the Years Ended December 31, 2014 and 2013
2014 2013
Retained earnings, January 1 . . . . . . . . . . . . . .$5,375,000 $4,545,000
Add net income for year . . . . . . . . . . . . . . . . . . . 900,000 925,000
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .$6,275,000 $5,470,000
Deduct dividends:
On preferred stock . . . . . . . . . . . . . . . . . . . . . . $ 45,000 $ 45,000
On common stock. . . . . . . . . . . . . . . . . . . . . . . . .50,000 50,000
Total . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 95,000 $ 95,000
Retained earnings, December 31 . . . . . . . . . . .$6,180,000 $5,375,000
Stargel Inc.
Comparative Income Statement
For the Years Ended December 31, 2014 and 2013
2014 2013
Sales (all on account) . . . . . . . . . . . . . . . . . . . $10,050,000 $9,450,000
Sales returns and allowances . . . . . . . . . . . . . . .50,000 50,000
Net sales. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $10,000,000 $9,400,000
Cost of goods sold. . . . . . . . . . . . . . . . . . . . . . 5,350,000 4,950,000
Gross profit . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 4,650,000 $4,450,000
Selling expenses . . . . . . . . . . . . . . . . . . . . . . .$ 2,000,000 $1,880,000
Administrative expenses . . . . . . . . . . . . . . . . . 1,500,000 1,410,000
Total operating expenses . . . . . . . . . . . . . . . . $ 3,500,000 $3,290,000
Income from operations . . . . . . . . . . . . . . . . . $ 1,150,000 $1,160,000
Other income . . . . . . . . . . . . . . . . . . . . . . . . . . .150,000 140,000
$ 1,300,000 $1,300,000
Other expense (interest) . . . . . . . . . . . . . . . . . . 170,000 150,000
Income before income tax . . . . . . . . . . . . . . . $ 1,130,000 $1,150,000
Income tax expense . . . . . . . . . . . . . . . . . . . . . .230,000 225,000
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 900,000 $ 925,000
Stargel Inc.
Comparative Balance Sheet
December 31, 20Y2 and 20Y1.
20Y2 20Y1
Assets
Current assets:
Cash $500,000 $400,000
Marketable securities 1,010,000 1,000,000
Accounts receivable (net) 740,000 510,000
Inventories 1,190,000 950,000
Prepaid expenses 250,000 229,000
Total current assets $3,690,000 $3,089,000
Long-term investments 2,350,000 2,300,000
Property, plant, and equipment (net) 3,740,000 3,366,000
Total assets $9,780,000 $8,755,000
Liabilities
Current liabilities $900,000 $880,000
Long-term liabilities:
Mortgage note payable, 10% $200,000 $0
Bonds payable, 10% 1,500,000 1,500,000
Total long-term liabilities $1,700,000 $1,500,000
Total liabilities $2,600,000 $2,380,000
Required:
Determine the following measures for 20Y2, rounding to one decimal place, except dollar amounts which should be rounded to the nearest cent. Assume 365 days a year.
Return on total assets %
Return on stockholders’ equity %
Return on common stockholders’ equity %

Answers

Answer 1.

Working Capital = Current Assets - Current Liabilities
Working Capital = $36,90,000 - $900000
Working Capital = $27,90,000

Answer 2.

Current Ratio = Current Assets / Current Liabilities
Current Ratio = $36,90,000 / $900000
Current Ratio = 4.1

7) Number days' sales in inventory = (Inventory/Cost of goods sold) * 365 days

=(11,90,000 / 53,50,000) * 365 days = 81.18 days approx

8) Ratio of fixed assets to long-term liabilities = Fixed Assets/Long Term Liabilities

=(2350000+3740000) / 1700000= 3.58 times

9) Ratio of liabilities to stockholders' equity = Total Liabilities/stockholders' equity

=26,00,000 / 71,80,000

=0.36211 times

10) Number of times interest charges are earned = Earnings Before Interest & Tax / Interest Expense

= 1300000 / 170000 = 7.64 times

11) Number of times preferred dividends are earned = Dividend on preferred stock/preferred stock

= 45000 / 500000

=0.09 times

12) Ratio of sales to assets = Net Sales (Total Sales-Sales Return)/Total Assets

= 10,000,000 / 9780000

= 1.022 times

13 ) Rate earned on total assets = Net Income/Average Total Assets(Opening+closing Total Assets)/2

=900000 /(8755000+ 97,80,000)/2

=900000/ 9267500

=0.09711 times or 9.711 %

14) Rate earned on stockholders' equity = Net Income/Average Stockholders' Equity(opening+closing stockholders' Equity)/2

=900,000/(6375000+7180000)/2

=900000/6777500

=0.132 or 13.27 %

15) Rate earned on common stockholders' equity=

(Net Income - Dividend on Preferred stock)/Average Common Stock(opening + closing common stockholders' equity)

=(900000-45000)/(500000+500000)/2

=855000/500000

=1.71 times

16. Earnings per share on common stock = (Net Income - Dividend on Preferred stock)/Common Stock(in numbers)

=(900000-45000)/100000

=8.55 times

17) Price-earnings ratio = Market Price per share/ Earnings per share

=119.70(given)/8.55

=14 times

18) Dividends per share of common stock = Dividend to common stock/common stock (in number)

=50000 / 100000

=0.5 times

19) Dividend yield = Dividends per share of common stock/Market Price per share

=(0.5 /119.70) * 100

= 0.835%

if you have any doubt comment in the comment box

If you liquidate $3,000 of your money market mutual fund and transfer the funds to your checking account, then initially, M1 will ________ and M2 will ________. Group of answer choices

Answers

if one liquidate $3,000 of one's mutual fund and transfer them to checking account, then, the M1 will increase and M2 will not increase

Liquidation in this case refers to transfer of mutual fund to one's accessible account for personal use.

Let understand that M1 in money supply includes physical currency, demand deposits, checkable deposits.

M2 in money supply includes cash, checking deposits, easily convertible near money.

In conclusion, if one liquidate $3,000 of one's mutual fund and transfer them to checking account, then, the M1 will increase and M2 will not increase

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To help reduce firefighting in network management, a network manager should spend time on ____________ to prevent problems

Answers

Answer:

Planning and Organizing the Network and Networking Staff

Explanation:

If this helped, please give brainliest answer! Thanks!

Would you want to work for a company that has chosen to be a conscious marketer? Why or why not? Support your decision by discussing at least one positive and one negative about working for this kind of company.

Answers

Answer:

You would want to work for one because it had a lower chance of getting closed or loosing money. A positive is wiser spending. A con is not taking all the risks.

Explanation:

Hope this helps!

When store owners quote prices in terms of dollars, money is acting as a __________. a.) store of value b.) medium of exchange c.) unit of account d.) commodity

Answers

When store owners quote prices in terms of dollars, money is acting as a unit of account.

Money is anything that is generally chosen and accepted by a community as a medium of exchange and standard of value.

Money act as a unit of account because everything in the economy is quoted in terms of it. The price of any products or goods are quoted in terms of money.

Since there are many buyers and sellers in a country, unit of account stands as standard measurement for everyone in an economy; hence the foundation of every transaction in an economy.

Therefore, money is acting as a unit of account when store owners quote prices in terms of dollars.

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HELP

When a consumer is making more money, the demand curve shifts to the right. Why is this?

Answers

The demand curve shifts to the right because the consumer is able to afford larger quantities of the product. I believe the answer is C.






who here has a business plan




Answers

I am still working on my business plan.

The ________ method of setting an advertising budget typically overlooks how promotion affects sales.

Answers

Based on business management, the affordable method of setting an advertising budget typically overlooks how promotion affects sales.

What is the Affordable method in the Advertising budget?

The affordable method in the advertising budget is the cheap means of making an advertisement.

However, when making cheap or affordable advertisements, most people tend to overlook the effects of promotion efforts on sales.

Hence, in this case, it is concluded that the correct answer is "Affordable method."

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What is one major measure of economic growth?

Answers

Answer:

yo mama

Explanation:

yo mama's so ugly, she made a blind kid cry.

Suppose the economy is in long-run equilibrium. If there is a sharp increase in the minimum wage as well as an increase in taxes, then in the short run, real GDP will:____.
a. rise and the price level might rise, fall, or stay the same. In the long run, the price level might rise, fall, or stay the same but real GDP will be unaffected.
b. fall and the price level might rise, fall, or stay the same. In the long run, the price level might rise, fall, or stay the same but real GDP will be unaffected.
c. rise and the price level might rise, fall, or stay the same. In the long run, the price level might rise, fall, or stay the same but real GDP will be lower.
d. fall and the price level might rise, fall, or stay the same. In the long run, the price level might rise, fall, or stay the same but real GDP will be unaffected.

Answers

Suppose the economy is in the long run equilibrium. If there is a sharp increase in the minimum wage as well as an increase in taxes then in the short run, real GDP will

fall and the price level might rise, fall, or stay the same. In the long run, the price level might rise, fall, or stay the same but real GDP will be lower.

Given that this economy is in the long run equilibrium. Given a sharp increase in minimum wage and taxes, then real GDP will decrease in the short run as well as the price level.

In the long run it may stay the same. But the Real GDP will definitely be lower.

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To be useful, accounting information must have the fundamental qualitative characteristics of?

Answers

relevance and faithful representation

Grand Thornton's print ad states, "If you have a passion for accounting and want to work with others who share that passion, you might be interested in the Grant Thornton accounting firm." This ad is an example of

Answers

The printed ads of Grand Thornton is an example of corporate image advertising.

Basically, a corporate image advertising is a form of advertisement done when the firm promotes itself in order to

portray positive perceptionincrease its brand awarenessappear relevant.

In conclusion, the printed ads of Grand Thornton is an example of corporate image advertising.

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Human Resources and many other departments at Walmart will use the following as a form of business communication

Answers

Human Resources as well as many other departments at Walmart usually use Accounting as a form of business communication.

Human resources  can be regarded as division of a business which carry out some functions such as;

 finding and screening of employees. recruitment of employees.training job applicants.administering employee-benefit programs.

This department overseas the employees affairs as well as their behavior.

Therefore, they use accounting as means of communication.

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As a high school student, which of the three error types would you be most concerned about? Why?

Answers

The three error types i would be most concerned about is wrong address, misspelled name and wrong name because they could lead to lower credit scores

The error in this context related to credit report errors which can happen while been a high school student.

Credit report refers to the organized record database of borrower's credit history from different sources.

Based on statistics, the student responded that the error they are most concerned about includes:

Wrong AddressMisspelled NameWrong Name.

Hence, the three error types i would be most concerned about is wrong address, misspelled name and wrong name because they could lead to lower credit scores.

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find the shaded area .. Que. 1. Gallium has 2 naturally occuring Isotopes with mass numbers 69 & 71 respectively. What is the percentage abundance of both Isotopes if their relative atomic mass is equal to 70.59 Amu (Atomic mass Unit) What inference can be made about the Cyclopes? Whats the rate of change please help Find the value of x in the triangle shown below. What is a person put in charge of taking care of something, like property?? which is the total length of both sides of the roof 4x what is the total cost find the least number in which when divided by 8 20 and 24 leave remainder 2 in each case. What are the advantages and disadvantages of having so many levels of subnational governments in the United States? Explain. Do term limits seem to have more advantages or disadvantages? Defend your answer. Respond to at least 2 other students' posts. Evaluate the expression when x=-6.x^2-9x+4 What do all trades have in common On the first day of its fiscal year, Ebert Company issued $50,000,000 of 10-year, 7% bonds to finance its operations. Interest is payable semiannually. The bonds were issued at a market (effective) interest rate of 9%, resulting in Ebert receiving cash of $43,495,895. The company uses the interest method.a. Journalize the entries to record the following: 1. sale of the bonds. 2. First semiannual interest payment, including amortization of discount.3. Second semiannual interest payment, including a of discount. b. Compute the amount of the bond interest expense for the first year. c. Explain why the company was able to issue the bonds for only $43,495, 895 rather than for the face amount of $50,000,000. If a physicist performs an experiment, who would likely try to replicate it? The physicist himself Other physicists The family of the physicist No one, because an experiment can never be replicated Based on a random sample of 50, a 95% confidence interval for the population proportion was computed. Holding everything else constant, which of the following will reduce the length of the confidence interval by half? (CHECK ALL THAT APPLY): A. Quadruple the sample size. B. Change the confidence level to 68%. C. Double the sample size. D. Change the confidence level to 99.7%. E. Decrease the sample proportion by half. Hi friends,Please assist with my question below.In a right angle triangle, an angle of 30 degrees has an adjacent side which measures 17 cm. what is the length of its hypotenuse? how do you expand brackets help!! How does Hemingway's use of style and characterization affects fictional text A few more problems and then Im done The nature of the Federal Reserve can best be described as follows: a A blended public-private institution. b The Fed branches and the Board of Governors are private enterprises, but a federal oversight committee in Congress advises the Fed. c A private corporation with no government presence. d The Fed branches are owned by the government, but the Board of Governors are private citizens. e A government agency with no private presence.