Business, 15.04.2021 18:40 needhelpwithHW10
Late submissions are not accepted. Be sure to start on your homework in a timely manner. I will not accept any excuses for late assignments. Please complete the following: Financial Statements of a Manufacturing Firm The following events took place for Digital Vibe Manufacturing Company during January, the first month of its operations as a producer of digital video monitors: Purchased $55,600 of materials Used $42,800 of direct materials in production. Incurred $63,900 of direct labor wages. Incurred $90,100 of factory overhead. Transferred $149,600 of work in process to finished goods. Sold goods for $267,400. Sold goods with a cost of $119,000. Incurred $68,400 of selling expenses. Incurred $30,000 of administrative expense. Using the information given, complete the following: a. Prepare the January income statement for Digital Vibe Manufacturing Company. b. Determine the Materials Inventory, Work in Process Inventory, and Finished Goods Inventory balances at the end of the first month of operations. Remember, your work must be complete and legible.
Answers: 1
Business, 22.06.2019 02:30
Acompany using the perpetual inventory system purchased inventory worth $540,000 on account with credit terms of 2/15, n/45. defective inventory of $40,000 was returned 2 days later, and the accounts were appropriately adjusted. if the company paid the invoice 20 days later, the journal entry to record the payment would be
Answers: 1
Business, 22.06.2019 13:30
Jose recently died with a probate estate of $900,000. he was predeceased by his wife, guadalupe, and his daughter, lucy. he has two surviving children, pete and fred. jose was also survived by eight grandchildren, peteās three children, naomi, daniel, nick; fredās three children, heather, chris and steve; and lucyās two children, david and rachel. joseās will states the following āi leave everything to my three children. if any of my children shall predecease me then i leave their share to their heirs, per stirpes.ā which of the following statements is correct? (a) under joseās will rachel will receive $150,000. (b) under joseās will chris will receive $150,000. (c) under joseās will nick will receive $100,000. (d) under joseās will pete will receive $200,000.
Answers: 1
Business, 22.06.2019 15:00
Why entrepreneurs start businesses. a) monopolistic competition b) perfect competition c) sole proprietorship d) profit motive
Answers: 1
Business, 22.06.2019 22:00
He interest rate effect is the change in real gdp caused by the federal reserve adjusting target interest rates. is the change in consumer and investment spending due to changes in interest rates resulting from changes in the aggregate price level. is the change in exports and imports, resulting from changes in the interest rate caused by changes in the aggregate price level. is the change in investment spending and government purchases caused by changes in money demand. is the change in interest rates, caused by changes to government purchases.
Answers: 2
Late submissions are not accepted. Be sure to start on your homework in a timely manner. I will not...
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