answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
yanalaym [24]
2 years ago
6

Kwik Delivery Service reports the following costs and expenses in June 2013. Indirect materials $ 8,400 Driver's salaries $14,00

0 Depreciation on delivery Advertising 5,100 equipment 11,200 Delivery equipment Dispatcher's salary 5,000 repairs 300 Property taxes on office Office supplies 650 building 870 Office utilities 1,490 CEO's salary 12,000 Repairs on office Gas and oil for delivery trucks 3,200 equipment 180 Instructions Determine the total amount of (a) delivery service (product) costs and (b) period costs.
Business
1 answer:
jeyben [28]2 years ago
3 0

Answer:

service cost:   41,800

period cost:   20,590

Explanation:

<em><u>delivery service cost: </u></em>those who are related to the deliveries

Indirect materials                                 8,400

Depreciation on delivery  equipment 11,200

Dispatcher's salary                               5,000

Gas and oil for delivery trucks            3,200

Driver's salaries                               <u>   14,000   </u>

Total:                                                    41,800

<em><u /></em>

<em><u>period cost:  </u></em>those who can be linker directly or indirectly throught allocation of overhead into the delviery cost.

Repairs on office equipment         180

Office utilities                               1,490

Office supplies                               650

Property taxes on office  building 870  

Advertising                                   5,100

CEO's salary                               12,000

*Repairs delivery equipment    <u>      300     </u>

Total:                                         20,590

While the repair are made on delivery equipment they cannot be linked to an specific delivery or allocated as they do not incease the capacity, this isn't maintenance this is repairs those, expense for the period.

You might be interested in
Gwendolyn Hunt was driving while intoxicated when she hit and killed Felicia Meyers, a seven- year-old, in a school crosswalk. G
BigorU [14]
<span>A major difference between juvenile and adult courts is that juvenile courts are more likely to consider extenuating circumstances (emotional, mental, situational, etc.). Frequently, young people will only be moved to adult courts if their crime was particularly heinous, a history of rehabilitation services have not improved the situation, the young person needs a significant about of intervention, or simply that the juvenile is nearly an adult. Though there is evidence of some past intervention on Gwendolyn's behalf, we have no evidence that the crime was planned. Though she was breaking the law and one could say that the possibility of an accident was a logical conclusion, there is (based on this) no evidence that she went out with the intention of hurting or killing someone. Also, given that she is still a minor and at an age when her reasoning abilities are not fully formed, she honestly may not have been able to make that connection. So, no, she should not be tried as an adult. However, she should serve actual time in a center, receiving rehabilitative services and completing community service in order to balance out some of the horror she has brought into the world through the death of a child.</span>
4 0
2 years ago
Mike is the Director of Human Resources for a 120-employee family-owned manufacturing firm. Mike has been quite busy the last ye
inn [45]

Answer:

A. Assuming that employees would understand the content of the PowerPoint slides

Explanation:

One of the most common mistakes that can be made is assuming that the receiver on the other end of the communication chain would understand quite well, what message, you as the sender, is passing across.

In the scenario cited in the question above, the new benefit offerings that have been developed after the overhauling, of which Mike has taken his time to explain in a power point presentation just few months before employees would be required to enroll for the program, must have been misunderstand by the employees. The multiple emails reveals that the employees do not really understand the content, and this comes as a surprised to Mike. We can infer that Mike must have made the mistake of assuming that the employees would understand the content of the PowerPoint slides.

3 0
2 years ago
Kiyara (single) is a 50 percent shareholder of Jazz Corporation (an S Corporation). Kiyara does not do any work for Jazz Corp. J
Airida [17]

Answer and Explanation:

a. The computation of Kiyara’s deduction for qualified business income is shown below:-

Kiyara's Share of income is

= 50% × $332,000

= $166,000

Max qualified business deduction is

= 20% × $166,000

= $33,200

b. The computation of Kiyara’s net investment income tax liability is shown below:-

Net investment income tax liability = $166,000 × 3.8%

= $6,308

c. The computation of Kiyara’s self-employment tax liability is shown below:-

Kiyara is not earning Jazz Corp.'s self-employment taxable income because Kiyara is not doing work for Jazz Corp.

Hence, the tax liability for self-employment is 0.

d. The computation of Kiyara’s additional Medicare tax liability is shown below:-

Additional medicare tax liability

= $282,000 - $200,000

= $82,000 × 0.9%

= $738

5 0
2 years ago
.Rhonda has agreed to invest $16,000 in a partnership with her sister and brother-in-law. Rhonda does not plan to work in the pa
Elena-2011 [213]

Answer:

The correct answer is option 4.

Explanation:

Rhonda has agreed to invest $16,000 in a partnership with her sister and brother-in-law. she does not plan to work in partnership or invest any of her wealth other than $16,00. But she intends on sharing profits. This implies that Rhonda is a limited partner in the business.

A limited partner is a partial owner of a business. His/her liability to the business's debts is limited to the extent of the amount he/she has invested in the business. Such partners are often called silent partners as they don't have any involvement in the day to day operations.

3 0
2 years ago
Interest may be capitalized: a. Whether or not there is specific borrowing for the construction. b. On self-constructed assets f
storchak [24]

Answer:

The correct option is A

Explanation:

Capitalization is the term or the process in which there is an addition of the interest which is unpaid to the principal amount of the loan. And the principal  or the original amount of the loan increases or rises when the payments got postponed during the deferment periods and then the interest which is unpaid is capitalized.

So, it will be capitalized whether or not there is particular or the specific amount of borrowing for the construction.

8 0
2 years ago
Other questions:
  • Compared to tangible resources, intangible resources are ____ and ____. more visible; less difficult to copy. less visible; less
    9·1 answer
  • What is the future value of $375 at an interest rate of 3 percent one year from today? a. $371.75 b. $393.33 c. $386.25 d. none
    12·1 answer
  • Ramirez Company installs a computerized manufacturing machine in its factory at the beginning of the year at a cost of $47,500.
    10·1 answer
  • In its first year of operations, gomes company recognized $28,000 in service revenue, $6,000 of which was on account and still o
    15·1 answer
  • Every day, 500 airplanes in San Francisco incur an additional 30 minutes of airport delays when flying into or out of the airpor
    7·1 answer
  • Exercise 16 describes a regression model that uses a car’s engine displacement to estimate its fuel econ- omy. In this context,
    10·1 answer
  • Back in the 1930s, the house at 102 Barbour Street was the only one in sight. Since then, however, the town has grown considerab
    13·1 answer
  • The expected return on Natter Corporation's stock is 14%. The stock's dividend is expected to grow at a constant rate of 8%, and
    14·1 answer
  • Steinberg Corporation and Dietrich Corporation are identical firms except that Dietrich is more levered. Both companies will rem
    14·1 answer
  • Schrand Aerobics, Inc., rents studio space (including a sound system) and specializes in offering aerobics classes. On January 1
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!