Answers are in BOLD
Sales | $600,000 | |
Factors | ||
Labor cost | $150,000 | |
Material cost | $100,000 | |
Energy cost | $30,000 | |
Equipment | $60,000 | |
Total cost= sum of all cost | $340,000 | |
Answer 32 | Partial labor productivity= sales/labor cost | $4.00 |
Answer 33 | Partial material and equipment productivity= sales/sum of labor and capital cost | $3.75 |
Answer 34 | Total factor productivity= sales/sum of labor and capital cost | $1.76 |
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PROBLEME Use the following to answer questions 32 - 34: Last month, Wisconsin Windows and Doors...
Problem D. Given the following problem, answer questions 32 to 34. J. Doe is turning 40 years old today and plans to retire on his 65h birthday. He starts 15% compounded quarterly. He plans to withdraw $10,000 quarterly from the account making annual deposits (starting on the day of his 40th birthday) into an account that pays starting on his 65th birthday until his 75h birthday (inclusive). Note that the last deposit is made at the same time that the...
I need help with 34-39
Use the following to answer questions 34 - 36 The year-end adjusted trial balance of the Corporation included the following account balances: Retained earnings Service revenue Salaries expense Rent expense Interest expense Dividends $300,000 450,000 250,000 20,000 5,000 75,000 Prepare the closing entries. 34. $_ In preparing the closing entries for the temporary accounts, how much should Retained earnings be credited? 35. $ In preparing the closing entries for the temporary accounts, how much should...
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need help on this
Use the following information to answer Questions (10)-(12) Troy Engines manufactures a varicty of engines for use in heavy equipment. The company has always produced all of the necessary parts for its engines, including all of the carburetors carburetor to Troy Engines for a cost of $32 per unit. To evaluate this offer, Troy Engines has gathered the following information relating to its own cost of producing the carburctor internally: An outside supplier has offered...
Use the Journal Entries (Links to an external site.) for Tiger
Inc to answer the following:
What is the ending balance of Accounts Receivable?
Group of answer choices
a. 80,000
b. 120,000
c. 50,000
d. 40,000
B D E 1 Tiger Inc. Journal Entries N 3 02/01/2020 DR: Cash A 550,000 4. CR: Stock S 550,000 5 6 02/02/2020 DR: Inventory $ 30,000 7 CR: Cash $ 30,000 8 9 $ 80,000 02/03/2020 DR: Accounts Receivable CR: Revenyue 10 $...
Use the Trial Balance (Links to an external site.) for Spartan
Inc. to answer the following:
What are Spartan Inc's total liabilities?
Group of answer choices
a. 91,500
b. 50,500
c. 641,500
d. 90,000
1 2 CR 3 $ $ 4 DR 144,000.00 120,000.00 56,000.00 72,000.00 5 S 6 S Spartan Inc. Trial Balance Account # Account Name 101 Cash 111 Accounts Receivable 121 Inventory 131 Equipment 141 Less Accumulated Depreciation 201 Accounts Payable 301 Stock 315 Dividends 401 Revenue...
Use the Trial Balance (Links to an external site.) for Hercules
Inc. to answer the following:
What are Total Assets on Hercules' Balance Sheet?
Group of answer choices
a. 0
b. 2,259,000
c. 2,589,000
d. 1,929,000
1 2 Hercules, Inc. Account # 101 3 4 5 111 121 131 6 7 Account Name Cash Accounts Receivable Inventory Equipment Less Accumulated Depreciation Accounts Payable Stock Dividends Revenue Expenses 141 201 301 315 Debit Credit $ 500,000 $ 627,000 $ 82,000 $...
Use the Trial Balance for Spartan Inc to answer the
following:
Assuming beginning retained earnings of $0, what is Spartan
Inc.'s ending retained earnings?
Group of answer choices
a. 50,500
b. 300,000
c. 70,000
d. 230,000
1 2 CR 3 $ $ 4 DR 144,000.00 120,000.00 56,000.00 72,000.00 5 S 6 S Spartan Inc. Trial Balance Account # Account Name 101 Cash 111 Accounts Receivable 121 Inventory 131 Equipment 141 Less Accumulated Depreciation 201 Accounts Payable 301 Stock 315 Dividends...
QUESTION 38 5 3 years Use the following tables to answer the question below: Lonestar Corporation purchased a new truck for $45,000. Once the vehicle is taken out of service, they expect for it to be able to be sold for $15,000. What is the depreciable value? Property class (recovery period) Definition Research equipment and certain special tools 5 years Computers, printers, copiers, duplicating equipment, cars, light-duty trucks, qualified technological equipment, and similar assets Office furniture, fixtures, most manufacturing equipment,...
Crispin Company’s sales from
last year were $8 million. The company maintains no beginning or
ending inventories. It has assembled all of its costs from last
year and would like your assistance in sorting these costs into
various categories, depicting them graphically, and preparing
traditional and contribution format income statements. (Using
Excel)
1. Go to the “Cost Summary” tab. Using
PivotTable and Charts:
a. Calculate the company’s total product costs
and total period costs.
b. Calculate the portions of the...
2. Change the total fixed manufacturing overhead cost for the Milling Department in Data area back to $390,000, keeping all of the other data the same as in the original example. Consider a new job, Job 408, with the following characteristics: А B с 1 Chapter 2: Applying Excel Cost summary for Job 408 2 3 4 5 Machine-hours Direct labor hours Direct materials cost Direct labor cost Department Milling Assembly 70 2 5 40 880$ 440 95 $ 640...