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2 years ago

Hi everyone

1 answer:

8 0

If we let x as the number of work hours, we have the equation for her earnings:
13.44x + (3/2) (13.44x) = 29000

Solving for x,
x = 863.10

Therefore, the overtime pay she earned must be:
(3/2) (13.44) (863.10) = 17400.10

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Lancelot Manufacturing is a small textile manufacturer using machinehours as the single indirectcost rate to allocate manufactur

zhenek [66]

Answer:

$3,927

Explanation:

For the computation of bid price first we need to follow some steps which is shown below:-

Manufacturing overhead rate = Overhead cost ÷ Machine hours

= 45,000 ÷ 100,000

= $0.45

Total manufacturing cost charged to the school

= 2,000 + 400 + (900 × 0.45)

= $2,805

Markup cost = $2,805 × 0.4

= $1,122

Bid price of job = Total manufacturing cost charged to school + Markup cost

= $2,805 + $1,122

= $3,927

7 0

2 years ago

Training activities are said to be outsourced when they are provided by ________. in-house consultants company managers individu

Mrrafil [7]

Answer: Consulting firms and government organizations

Explanation:

When external bodies; Consulting firms and any organization carry out a task in a firm, it is said that the particular job was outsourced for services to be provided by an external body.

6 0

2 years ago

A Super Happy Fun Ball is dropped from a height of 10 feet and rebounds 13/14 of the distance from which it fell. How many times

Phantasy [73]

Answer:

Explanation:

First bounce = 13 / 14 × 10 = 130 /14

using geometric progression where the common ratio = 13/14, the first bound = 130/14

ar^n-1 < 1

substitute the values into the equation

130 /14 × 13/14^(n-1) < 1

(13/14)^n-1 < 1÷ (130/14)

(13/14)^n-1 < 14 / 130

take log of both side

log (13 /14)^n-1 < log ( 14/130)

n-1 log (13 /14) < log ( 14/130)

since log (13/14) negative

n-1 > (log( 14/130)) ÷ ( log (13/14)

n - 1 > 30.07

n > 30.07 + 1 > 31.07

The 32 bounce will the first less than 1 foot

3 0

2 years ago

Cliff Company traded in an old truck for a new one. The old truck had a cost of $130,000 and accumulated depreciation of $65,000

RSB [31]

Answer:

the recorded value of the new truck is $135,000

Explanation:

The computation of the recorded value of the new truck is given below;

In the case when the transaction has the commercial substance so the recorded value of the new truck would be equivalent to the invoice price or the fair value i.e. $135,000

Hence, the recorded value of the new truck is $135,000

The same would be considered and relevant

And all other values are to be ignored

4 0

1 year ago

Match each of the following scenarios with the accounting principle or accounting assumption that it best illustrates.a. Several

Orlov [11]

Answer:

Key S - Scenario

A - Accounting Principle or Assumption

Several years after Thomas Company purchased new office equipment, the company’s accounting records still show the original purchase price.

Historical cost principle

The home of Rob Elliot, the owner of GGE Enterprises Inc., is not listed among the company’s assets.

Business entity assumption

Despite several years of falling sales, Thomas Company continues to forecast sales and make strategic plans to raise revenues and cut expenses.

Going concern assumption

Thomas records expenses incurred to produce the sales for the month.

Expense recognition principle

GGE Enterprises records a deposit received from a customer for work to be performed later in the month. The customer is billed for the remaining amount after the work is complete, and the customer’s payment is recorded.

Revenue recognition principle

Thomas Company provides earnings information to investors at the end of every quarter.

Time period assumption

The accounting records of Thomas Company are in dollars, not euros, although the Ohio-based company is owned by a German firm.

Monetary unit assumption

Explanation:

5 0

2 years ago