Olivia enjoys watching little birds at the many feeders in her yard. She counts how many of them she can see in her yard every morning before she leaves for school. Her data for two weeks can be seen below. Day Sun Mon Tue Wed Thu Fri Sat Week 1 31 36 24 34 45 27 41 Week 2 16 34 20 18 25 38 31 What is the mean of the number of little birds that Olivia sees in her yard each morning? Round to the nearest bird, if necessary.
a. 34
b. 31
c. 30
d. 26

Answers

Answer 1

Answer:

C.30

Explanation:

Add all of the numbers together, then divide by 14 (how many pieces of data there are).

Answer 2

The median is the middle value in a set of data.

What is the meaning of Median?

The midway number in a set of data is known as the median. The data should first be arranged and ranked from smallest to greatest. Divide the total number of observations by two to get the midway value. The value in that location is the median if there are an odd number of observations; otherwise, round the number up.

The median is the value that divides a data sample, a population, or a probability distribution's upper and lower halves in statistics and probability theory. It could be referred to as "the middle" value for a data set.

A data set's median value is the point where 50% of the data points have a value that is smaller than or equal to the median.

Learn more about the Median here:

https://brainly.com/question/28060453

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Related Questions

2. income. Income from property received by households is an example of O labor O rental O interest & O none of the above​

Answers

labor form income property received by households

Answer:

The answer is Rental

Explanation:

A clearing corporation agent or depository for securities transactions A) can never be a corporation. B) must be a broker-dealer. C) can be a commercial bank. D) can be a bank or corporation only if they are also a broker-dealer.

Answers

Answer: can be a commercial bank

Explanation:

It should be noted that clearing agent are usually broker-dealer but apart from the fact that clearing agents are broker dealers, it should be noted that they can also be commercial banks.

Commercial banks perform roles of clearing agents as they can help in clearing transactions that have to do with securities and also help in keeping such securities.

Lyle Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August.
Aug. 1 Established the petty cash fund by writing a check on Westown Bank for $226. 15 Replenished the petty cash fund by writing a check for $188. On this date, the fund consisted of $38 in cash and these petty cash receipts: freight-out $61.40, entertainment expense $23.00, postage expense $20.70 and miscellaneous expense $80.11. 16 Increased the amount of the petty cash fund to $426 by writing a check for $200. 31 Replenished the petty cash fund by writing a check for $296. On this date, the fund consisted of $130 in cash and these petty cash receipts: postage expense $132.00, entertainment expense $129.40, and freight-out $33.40.
1.) Journalize the petty cash transactions.
2.) Post to the Petty Cash account

Answers

Answer:

Aug. 1 Established the petty cash fund by writing a check on Westown Bank for $226.

Dr Petty cash fund 226

    Cr Cash 226

15 Replenished the petty cash fund by writing a check for $188. On this date, the fund consisted of $38 in cash and these petty cash receipts: freight-out $61.40, entertainment expense $23.00, postage expense $20.70 and miscellaneous expense $80.11.

Dr Freight out expense 61.40

Dr Entertainment expense 23

Dr Postage expenses 20.70

Dr Miscellaneous expenses 80.11

Dr Cash short and over 2.79

    Cr Petty cash fund 188

Dr Petty cash fund 188

    Cr Cash 188

16 Increased the amount of the petty cash fund to $426 by writing a check for $200.

Dr Petty cash fund 200

    Cr Cash 200

31 Replenished the petty cash fund by writing a check for $296. On this date, the fund consisted of $130 in cash and these petty cash receipts: postage expense $132.00, entertainment expense $129.40, and freight-out $33.40.

Dr Freight out expense 33.40

Dr Entertainment expense 129.40

Dr Postage expenses 132

Dr Cash short and over 1.20

    Cr Petty cash fund 296

Dr Petty cash fund 296

    Cr Cash 296

Prepare the Statement of Cash Flows for Smart Touch Learning for the month ended December 31, 2016 from the provided information. Within each section of the statement, use the drop-down menus to enter the accounts. Then enter the account balances and calculate ending balances. Enter decreases in cash with a minus sign or parentheses. Cash balance, December 1, 2016 is $18,600 Transactions Dec. 1 Common stock was issued to stockholders for $7,800 cash. 7 Purchased equipment for $2,000 on account. 14 Paid $19,900 cash for land. 17 Paid cash expenses: office rent, $1,400; employees' salaries, $1,200; utilities, $300. 23 Paid cash dividends of $2,300. 26 Earned service revenue for the month, $5,000, receiving cash. Cash flows from operating activitiesReceipts: Collection from customers Payments: For rentFor salariesFor utilitiesNet cash provided (used) by operating activitiesCash flows from investing activitiesAcquisition of LandNet cash provided (used) by investing activitiesCash flows from financing activitiesIssuance of cash dividendsPayment of cash dividendsNet cash provided (used) by financing activitiesNet increase (decrease) in cash Cash balance, December 1, 2016 Cash balance, December 31, 2016

Answers

Answer:

Ending cash balance $6,300

Explanation:

The preparation of the Cash Flows Statement is presented below:

Cash flow from Operating Activities

Add: Service revenue earned        $5,000

Less: Office Rent                           -$1,400

Less: Employees salaries             -$1,200

Less: Utilities                                 -$300

Net cash flow provided by Operating Activities $2,100

Cash flow from Investing Activities

Less: Purchase of land $19,900

Net cash used by Investing Activities -$19,900

Cash flow from Financing Activities

Add: Issuance of common stock $7,800

Less: Dividend paid                      -$2,300

Net cash flow provided by Financing Activities $5,500

Net rise or decrease in cash is

Net cash flow provided by Operating Activities $2,100 (A)

Net cash used by Investing Activities -$19,900 (B)

Net cash flow provided by Financing Activities $5,500 (C)

Decrease in cash -$12,300   (A + B + C)

Add: Beginning cash balance   $18,600

Ending cash balance $6,300

Multiple Choice Question 48 As a result of a thorough physical inventory, Marigold Company determined that it had inventory worth $320600 at December 31, 2020. This count did not take into consideration the following facts: Walker Consignment currently has goods worth $47700 on its sales floor that belong to Marigold but are being sold on consignment by Walker. The selling price of these goods is $74100. Marigold purchased $21200 of goods that were shipped on December 27, FOB destination, that will be received by Marigold on January 3. Determine the correct amount of inventory that Marigold should report.

Answers

Answer:

Explanation:

Worth of inventory on Dec 31 020 is $320600

Goods sold on consignment will also be included at historical cost and not on the basis of current price because ownership still lies with the company

Total inventory will be thus

320600 + 47700

= $368300 .

Goods to be received later than 31 Dec will not be included in the inventory.

Hence goods purchased worth 21200 will not be included .

Total worth of goods = $368300 .

People who have a negative digestive response to milk or milk products are experiencing
lactose intolerance
adipose enteropathy
fructose malabsorption
gluten sensitivity

Answers

lactose intolerance

The focus on traditional financial statements is accounting data rather than cash flow. However, cash flow is important to investors, managers, and stock analysts. Therefore, corporate decision makers and security analysts need to modify accounting data provided to them. An important modification is the concept of free cash flow (FCF). Many analysts regard FCF as being the single and most important number that can be developed from the accounting statements, even more important than net income. The equation for free cash flow is:

Answers

Answer and Explanation:

According to the given scenario the equation for free cash flow is shown below:-

Free cash flow = (Earnings before interest and tax × (1 - Tax) + Depreciation and amortization) - (Capital expenditure + Net operating working capital)

In this we considered the five items like earnings before interest & tax , tax rate, depreciation & amortization, capital expenditure and net operating working capital

The above equation represents the free cash flow equation

what do pet owners do when their store is closed on hoildays?

Answers

Answer:

their jobs as short-term (perhaps just for a school holiday), consider what the ... Do it even better: Ask your store owner/manager to create a contact list of ... continuously in areas housing animals, 24 hours a day, 365 days a year. o Ensure the ...

Explanation:

8. A pension fund manager is considering three mutual funds, a stock fund with expected return of 15% and standard deviation of 32%, a bond fund with expected return of 9% and standard deviation of 23%, and a money market fund with a sure rate of 5.5%. The correlation between the stock and bond funds is 0.15. Tabulate and draw the investment opportunity set of the two risky funds, using investment proportions for the stock fund from 0% to 100% in increments of 20%. What is the lowest-risk combination of the stock and bond funds

Answers

Answer:

The lowest risk combination is at : expected return = 12%

                                                         standard deviation = 17.44%

Explanation:

Three mutual funds

stock fund : 15% expected return,  23% standard deviation

Bond fund : 9% expected return , 23% standard deviation

money market : sure rate of 5.5%

correlation between stock and bond fund = 0.15

variance for stock fund = 0.5 ( solved using excel )

variance for bond fund = 1 - variance for stock = 1 - 0.5 = 0.500

attached below is the table and

Using the following information, compute the cost of direct materials used. Raw materials inventory, January 1 $ 50,000 Raw materials inventory, December 31 75,000 Work in process, January 1 30,000 Work in process, December 31 20,000 Finished goods, January 1 60,000 Finished goods, December 31 48,000 Raw materials purchases 900,000 Direct labor 690,000 Factory utilities 230,000 Indirect labor 80,000 Factory depreciation 500,000 Operating expenses 630,000 A.$875,000. B.$1,025,000. C.$925,000. D.$1,270,000.

Answers

Answer:

Direct material used= $875,000

Explanation:

Giving the following information:

Raw materials inventory, January 1: $ 50,000

Raw materials inventory, December 31: $75,000

Raw materials purchase= $900,000

To calculate the cost of direct materials, we need to use the following formula:

Direct material used= beginning inventory + purchases - ending inventory

Direct material used= 50,000 + 900,000 - 75,000

Direct material used= $875,000

Suppose Intel stock has a beta of ​, whereas Boeing stock has a beta of . If the​ risk-free interest rate is and the expected return of the market portfolio is ​, according to the​ CAPM, a. What is the expected return of Intel​ stock? b. What is the expected return of Boeing​ stock? c. What is the beta of a portfolio that consists of Intel stock and Boeing​ stock? d. What is the expected return of a portfolio that consists of Intel stock and Boeing​ stock? (There are two ways to solve​ this.

Answers

Answer:

a. Expected return of Intel stock

= Risk free rate + Beta * ( Market return - risk free rate)

= 5.6% + 1.69(12.2% - 5.6%)

= 16.75%

b. Expected return of Boeing stock

= Risk free rate + Beta * ( Market return - risk free rate)

= 5.6% + 0.88(12.2% - 5.6%)

= 11.40%

c. Beta of a Portfolio with 60% Intel stock and 40% Boeing stock.

= Weighted average of betas

= (0.6 * 1.69) + ( 0.4 * 0.88)

= 1.37

d. First method - Weighted average of both returns

= (0.6 * 16.75%) + (0.4 * 11.40%)

= 14.6%

Second method - Use the Portfolio beta and CAPM

= Risk free rate + Beta * ( Market return - risk free rate)

= 5.6% + 1.37(12.2% - 5.6%)

= 14.6%

choosing a computer that costs_______ instead of one that costs ________ means that you'll have less money available for other purchases. $1800;$1900. $1700; $1900. $1800; $1700. $1700; $1800

Answers

Answer:

$1800; $1700.

Explanation:

The scenario presented is that a customer had a  choice between two computers. The client spent much money by opting for the high priced computer, leaving little for other requirements. The options will a high figure comes first in the equation. If the customer could have picked a low-priced computer, somebody would have selected the options that start with a relatively low figure followed by a high

Answer: 1800 1700

Explanation:

Which of the following statements represents a possible measure of success in the first step of the five-step marketing research approach, defining the problem? A. If 3-year-olds like this product, then it stands to reason that 4-year-olds will like it even more. B. If the test subject eats most or all of the sample during the taste test, it will be assumed that he or she likes it. C. Use mail questionnaires, not focus groups. D. You have three weeks and $10,000 to determine if it is going to be profitable to serve breakfast on weekdays or not. E. Let's identify the most cost-effective method of advertising.

Answers

Answer:

B.

Explanation:

Marketing Strategy is a vital part of any business plan. The Five-Step Marketing Research method is one of the method that helps any business to strategize it's marketing plans.

The First step of the Five-Step Marketing Research approach is 'Defining The Problem'. This step is very crucial of the research method as the rest of the steps will follow this step. In this step, the business need to define the problem that it is trying to figure out. Asking questions in this step will help to determine problem or opportunity.

From the given statements, the correct one is option B. The statement in option B characterise a possible measure of success in defining the problem. This statement determines the opportunity of success of the five step of the Five-Step Marketing research approach.

Therefore, option B is correct.

Weir Company (a fictional company) uses straight-line depreciation for its property, plant, and equipment, which, stated at cost, consisted of the following: December 31, 20X1 20X0 Land $ 25,000 $ 25,000 Buildings 195,000 195,000 Machinery and equipment 695,000 650,000 915,000 870,000 Less accumulated depreciation (400,000 ) (370,000 ) $ 515,000 $ 500,000 Weir’s depreciation expenses for 20X1 and 20X0 were $55,000 and $50,000, respectively. Required: What amount was debited to accumulated depreciation during 20X1 because of property, plant, and equipment retirements?

Answers

Answer: $25,000

Explanation:

Depreciation is when the value of an asset reduces because the asset has been in use or due to obsolescence.

In this scenario, the amount that will be debited to accumulated depreciation during 20X1 because of property, plant, and equipment retirements will be calculated thus:

Ending accumulated depreciation - Beginning accumulated depreciation - Depreciation during 20X1

= $400000 - $370000 - $55000

= $25000

Question 5
The Elements of Supply Chain are:

Answers

Answer:

The elements of a supply chain include all the functions that start with receiving an order to meeting the customer's request. These functions include product development, marketing, operations, distribution networks, finance, and customer service. (I hope this helped!!! Have a great day!!)

Presented below is information related to Wise Company at December 31, 2017, the end of its first year of operations.

Sales revenue $775,000
Cost of goods sold 350,000
Selling and administrative expenses 125,000
Gain on sale of plant assets 75,000
Unrealized gain on available-for-sale investments
25,000
Interest expense 15,000
Loss on discontinued operations 30,000
Allocation to noncontrolling interest 100,000
Dividends declared and paid 12,000

Compute the following. Ignore income tax effects.
(a) Income from operations $300,000

(b) Net income $330,000

(c) Net income attributable to Wise Company's controlling stockholders $230,000

(d) Comprehensive income $355,000

(e) Retained earnings balance at December 31, 2017 $318,000

Solution:
Sales revenue $775,000
Cost of goods sold 350,000
Gross profit 425,000
Selling administrative expenses 125,000
Income from operations 300,000 (a)
Other revenues and gains
Gain on sale of plant assets 75,000
Other expenses and losses
Income before other expenses and losses 375,000
Interest expense 15,000
Income from continuing operations 360,000
Loss on discontinued operations (30,000)
Net Income 330,000 (b)
Allocation to noncontrolling interest (100,000)
Net income attributable to controlling shareholders $230,000 (c)

Net income $330,000
Unrealized gain on available-for-sale investments 25,000
Comprehensive income $355,000 (d)

Net income $330,000
Dividends (12,000)
12/31/17 Retained earnings $318,000 (e)

Answers

Answer and Explanation:

The computation is shown below:

Sales revenue $775,000

Less: Cost of goods sold 350,000

Gross profit 425,000

Less: Selling administrative expenses 125,000

Income from operations 300,000 (a)

b.

Income from operations

Other revenues and gains

Add: Gain on sale of plant assets 75,000

Other expenses and losses

Income before other expenses and losses 375,000

Less: Interest expense 15,000

Income from continuing operations 360,000

Less: Loss on discontinued operations (30,000)

Net Income 330,000 (b)

c.

Net income

Less: Allocation to noncontrolling interest (100,000)

Net income attributable to controlling shareholders $230,000 (c)

d.

Net income $330,000

Add: Unrealized gain on available-for-sale investments 25,000

Comprehensive income $355,000 (d)

e. Retaining earnings opening balance $0

Add: Net income $330,000

Less: Dividends (12,000)

Closing Retained earnings $318,000 (e)

what do pet owners have to do when they want to go on vacation?

Answers

Answer:

Explanation:

Whether you're gone a week or six months there are three main options for your pet when you're on vacation. ...

Hire a Professional Pet Sitter.

Check sitters available on Trusted Housesitters here.

Ask a Neighbor, Friend or Family Member.

Check prices and info on Amazon for the PETKIT pet water fountain.

Find a House Sitter.

Answer:

Either they could bring the pet along with them or find someone to watch the pet. Whether it be a family member, a neighbor, or someone you hire.

Explanation:

Doing research on the Internet is a _________ skill. (soft skill or hard skill)​

Answers

Answer:

Doing research on the Internet is a Hard Skill.

Explanation:

It is a Hard skill because it requires knowledge on how to do it. It requires technical knowledge and logic. This differs from Soft Skills because soft skills are skills used in personality. Soft skills include leadership, communication, time Management. Think of it this way, Hard Skills are IQ. And Soft Skills are more EQ.

Hope this helps you! :)

Raw materials were purchased on account, $510,000. Raw materials used in production, $480,000. All of of the raw materials were used as direct materials. The following costs were accrued for employee services: direct labor, $600,000; indirect labor, $150,000; selling and administrative salaries, $240,000. Incurred various selling and administrative expenses (e.g., advertising, sales travel costs, and finished goods warehousing), $367,000. Incurred various manufacturing overhead costs (e.g., depreciation, insurance, and utilities), $500,000. Manufacturing overhead cost was applied to production. The company actually worked 41,000 direct labor-hours on all jobs during the year. Jobs costing $1,680,000 to manufacture according to their job cost sheets were completed during the year. Jobs were sold on account to customers during the year for a total of $2,800,000. The jobs cost $1,690,000 to manufacture according to their job cost sheets. 4. What is the total amount of manufacturing overhead applied to production during the year

Answers

Answer:

$70,000

Explanation:

The computation of the total amount of manufacturing overhead applied to production during the year is shown below:-

Total amount of manufacturing overhead = Beginning balance + Purchase raw material - Raw materials used in production

= $40,000 + $510,000 - $480,000

= $70,000

Therefore for computing the total amount of Raw materials used in production we simply applied the above formula.

Kelp Company produces three joint products from seaweed. At the split-off point, three basic products emerge: Sea Tea, Sea Paste, and Sea Powder. Each of these products can either be sold at the split-off point or be processed further. If they are processed further, the resulting products can be sold as delicacies to health food stores. Cost and revenue information is as follows. Sales Value and Additional Costs If Processed Further Product Pounds Produced Sales Value at Split-Off Final Sales Value Additional Cost Sea Tea 9,000 $ 60,000 $ 90,000 $ 35,000 Sea Paste 4,000 80,000 160,000 50,000 Sea Powder 2,000 70,000 85,000 14,000 Required: a-1. Compute the incremental benefit (cost) of further processing to these products. a-2. Which products should Kelp process beyond the split-off point

Answers

Answer:

a-1. Compute the incremental benefit (cost) of further processing to these products.

sea tea = ($5,000) losssea paste = $30,000sea powder = $1,000

a-2. Which products should Kelp process beyond the split-off point

sea paste and sea powder

Explanation:

Sales Value and Additional Costs If Processed Further

Product            Pounds        Sales value           Final sales     Additional

                        produced     at split-off             value              cost

Sea Tea              9,000          $60,000              $90,000        $35,000

Sea Paste           4,000          $80,000             $160,000       $50,000

Sea Powder       2,000           $70,000              $85,000        $14,000

incremental benefit of further processing:

sea tea = ($90,000 - $60,000) - $35,000 = -$5,000

sea paste = ($160,000 - $80,000) - $50,000 = $30,000

sea powder = ($85,000 - $70,000) - $14,000 = $1,000

Value of a mixed stream Harte​ Systems, Inc., a maker of electronic survillance​ equipment, is considering selling to a​ well-known hardware chain the rights to market its home security system. The proposed deal calls for the hardware chain to pay Harte ​$30,000 and ​$25,000 at the end of years 1 and 2 and to make annual​ year-end payments of ​$15,000 in years 3 through 9. A final payment to Harte of ​$10,000 would be due at the end of year 10. a. Select the time line that represents the cash flows involved in the offer. b. If Harte applies a required rate of return of 12​% to​ them, what is the present value of this series of​ payments? c. A second company has offered Harte an immediate​ one-time payment of ​$100,000 for the rights to market the home security system. Which offer should Harte​ accept?

Answers

Answer:

101,288

Explanation:

We can calculate the present value of each cash flow by dividing it by the rate of return along with the power of each period in which each cash flow occurs.

Requirement a:  Timeline that represents the cash flows involved in the offer

year 1 - 30,000  

year 2- 25000  

year 3 - 15000  

year 4 -15000  

year5 -15000

year6 -15000

year 7-15000

year8 -15000

year9 -15000

Requirement b: If Harte applies a required rate of return of 12​% to​ them

                                                  Present Value

year 1 - 30,000 /1.12                     26,786

year 2- 25000  /(1.12)^2               19,930

year 3 - 15000  /(1.12)^3               10,677

year 4 -15000  /(1.12)^4                9,533

year5 -15000 /(1.12)^5                  8,511

year6 -15000 /(1.12)^6                  7,599

year 7-15000/(1.12)^7                    6,785

year8 -15000 /(1.12)^8                  6,058

year9 -15000/(1.12)^9                   5,409

                                                   101,288

Requirement C:

It should accept the second offer of paying $100,000 as the first offer payment (i.e $101288.5) is greater than $100000

Judgment based on evidence refers to a. letting employees know what criteria are used in appraisal. b. ensuring that there is two-way communication during the appraisal process and the employee’s perspective is heard. c. documenting performance problems and using factual evidence in rating performance. d. the process where feedback is confidentially gathered from peers, customers and subordinates.

Answers

Answer:

c. documenting performance problems and using factual evidence in rating performance

Explanation:

Performance test (judgement) can be based on objective or subjective parameters.

Evidence refers to proof verifying facts.

So, judgement based on evidence refers to - having evidences of performance' factual aspects in form of documents, depicting well defined quantitative rating to the performance.

American Food Services, Inc., leased a packaging machine from Barton and Barton Corporation. Barton and Barton completed construction of the machine on January 1, 2018. The lease agreement for the $4.7 million (fair value and present value of the lease payments) machine specified four equal payments at the end of each year. The useful life of the machine was expected to be five years with no residual value. Barton and Barton’s implicit interest rate was 8%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.)

Required:
1. Prepare the journal entry for American Food Services at the beginning of the lease on January 1, 2018.
2. Prepare an amortization schedule for the four-year term of the lease.
3. & 4. Prepare the appropriate entries related to the lease on December 31, 2018 and 2020.

a.Record the lease payment and interest expense for American Food Services (2018)

b. Record the amortization of right-of-use asset for American Food Services (2018)

c. Record the lease payment and interest expense for American Food Services. (2020)

d. Record the amortization of right-of-use asset for American Food Services (2020)

Answers

Answer and Explanation:

Please find answer and explanation attached

Exercise 6-8 Petty cash fund with a shortage LO P2 Waupaca Company establishes a $330 petty cash fund on September 9. On September 30, the fund shows $46 in cash along with receipts for the following expenditures: transportation-in, $52; postage expenses, $71; and miscellaneous expenses, $147. The petty cashier could not account for a $14 shortage in the fund. The company uses the perpetual system in accounting for merchandise inventory. Prepare (1) the September 9 entry to establish the fund, (2) the September 30 entry to reimburse the fund, and (3) an October 1 entry to increase the fund to $385.

Answers

Answer:

September 29, 202x, petty cash fund established

Dr Petty cash fund 330

    Cr Cash 330

September 30, 202x, petty cash fund's expenses

Dr Transportation expenses 52

Dr Postage expenses 71

Dr Miscellaneous expenses 147

Dr Cash short and over 14

    Cr Petty cash fund 284

September 30, 202x, petty cash fund replenished

Dr Petty cash fund 284

    Cr Cash 284

October 1, 202x, petty cash fund is increased

Dr Petty cash fund 55

    Cr Cash 55

Southern Rim Parts estimates its manufacturing overhead to be $416,000 and its direct labor costs to be $1,040,000 for year 1. The first three jobs that Southern Rim worked on had actual direct labor costs of $63,000 for Job 301, $88,000 for Job 302, and $165,000 for Job 303. For the year, actual manufacturing overhead was $409,000 and total direct labor cost was $836,000. Manufacturing overhead is applied to jobs on the basis of direct labor costs using predetermined rates. Overhead applied in each of the inventory accounts is as follows:Work-in-process inventory $ 33,440Finished goods inventory 83,600Cost of goods sold 217,360Required:Prepare an entry to prorate the under- or overapplied overhead. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

Answers

Answer:

Work-in-process  $700 (debit)

Finished goods $1,750 (debit)

Cost of goods sold  $4,550 (debit)

Overheads $7,000 (credit)

Explanation:

Southern Rim Parts estimated/ applied overheads are $416,000 and the actual overheads are $409,000.

Conditions :

If Applied Overheads > Actual Overheads, we have an over-applied situation

and

If Applied Overheads < Actual Overheads, we have an under-applied situation

Therefore,

Using the information of Southern Rim Parts, we have an over- applied situation of $7,000 ($416,000 - $409,000).

Allocation of the over- applied overheads of $7,000

Inventory/Category                 Total            Percentage           Allocation

Work-in-process inventory   $ 33,440               10%                         $700

Finished goods inventory     $83,600               25%                      $1,750

Cost of goods sold               $217,360               65%                     $4,550

Total                                      $334,400                                           $7,000

Journal entry to record the the over-applied overheads

Work-in-process  $700 (debit)

Finished goods $1,750 (debit)

Cost of goods sold  $4,550 (debit)

Overheads $7,000 (credit)

Assume that on September 1, Office Depot had an inventory that included a variety of calculators. The company uses a perpetual inventory system. During September, these transactions occurred. Sept. 6 Purchased calculators from Dragoo Co. at a total cost of $1,800, terms n/30. 9 Paid freight of $50 on calculators purchased from Dragoo Co. 10 Returned calculators to Dragoo Co. for $51 credit because they did not meet specifications. 12 Sold calculators costing $460 for $670 to Fryer Book Store, terms n/30. 14 Granted credit of $40 to Fryer Book Store for the return of one calculator that was not ordered. The calculator cost $28. 20 Sold calculators costing $560 for $780 to Heasley Card Shop, terms n/30.
Journalize the September transactions. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem.)

Answers

Answer and Explanation:

The journal entries are shown below:

1. Inventory $1,800

        Accounts Payable $1,800

(Being purchased on account)

2. Inventory $50

     To Cash $50

(being freight paid)

3. Accounts Payable $51

     To Inventory $51

(being the returned calculator is recorded)

4. Accounts Receivable $670

       To Sales Revenues $670

(Being sales is recorded)

5. Cost of Goods Sold $460

      To Inventory $460

(Being cost of goods sold is recorded)

6.  Sales returns $40

         To Accounts Receivable $40

(being sales return is recorded)

7. Inventory $28.20

      To Cost of Goods Sold $28.20

(Being cost return is recorded)

8. Accounts Receivable $780

      To Sales Revenues $780

(Being the sales is recorded)

9. Cost of Goods Sold $560

      To Inventory $560

(Being the cost of goods sold is recorded)

Read the paragraph describing how to write a résumé and correctly fill in the missing information.

When writing your résumé, you need to start by analyzing the job description to determine what relevant experience and qualifications you have for the position. Then, you should list your job history, using ____ to make them easy to read. Review the layout to make sure that it is easy to read and ______.

Answers

Answer:

1. Bullet Points

2. Scan

Explanation:

I took the test and got it right. Hope this helps! :)

Answer:

Bullet pointsScan

Explanation:

Both of these are important. Bullet points are for short sentences, they make it easier for the reader to read. Scan is right because it is referring to bullet points, which make it easier for a reader to scan the page, and not have to search specifically for any one thing.

The difference between Ley farming and Mixed farming​

Answers

Answer:

Ley farming is an agricultural system where the field is alternately seeded for grain and left fallow. Another name for the method is "alternate husbandry".

and Mixed farming involves running a system of livestock and arable crops from the same farm and traditionally involves a broad range of crops and livestock being grown and raised, with the advantage of spreading the risk of any one crop failing in a given year.

Explanation:

The stock of Pills Berry Company is currently selling at $90 per share. The firm pays a dividend of $2.75 per share. a. What is the annual dividend yield? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) b. If the firm has a payout rate of 40 percent, what is the firm’s P/E ratio? (Do not round intermediate calculations and round your answer to 2 decimal places.)

Answers

Answer:

a. 3.06%

b. 13.04

Explanation:

The computation is shown below:-

a. Annual dividend yield = Annual dividend ÷ Current stock price

= $2.75 ÷ $90

= 3.06%

b. P/E ratio = Market price ÷ Earning per share

= $90 ÷ $6.9

= 13.04

where, EPS = $2.75 ÷ 40%

= $6.9

We simply applied the above formula and the same is to be considered

so that the correct answer could come

Assume you deposit $5,400 at the end of each year into an account paying 10.5 percent interest. Requirement 1: How much money will you have in the account in 17 years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).) Annuity future value $ 42008.68 Requirement 2: How much will you have if you make deposits for 34 years? (Enter rounded answer as directed, but do not use rounded numbers in intermediate calculations. Round your answer to 2 decimal places (e.g., 32.16).)

Answers

Answer:

Results are below.

Explanation:

Giving the following information:

Annual deposit= $5,400

Interest rate= 10.5%

1) Number of periods= 17 years

To calculate the future value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {5,400*[(1.105^17) - 1]} / 0.105

FV= $229,349.5

2) Number of periods= 34 years

FV= {5,400*[(1.105^34) - 1]} / 0.105

FV= $1,481,499.98

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