Business
Business, 24.06.2019 10:40, texdee43

Finch company started year 1 with $150,000 in its cash and common stock accounts. during year 1, finch paid $112,500 cash for employee compensation and $34,500 cash for materials. required determine the total amount of assets and the amount of expense shown on the year 1 financial statements assuming finch used the labor and materials to make 1,500 chairs. further, assume that finch sold 1,200 of the chairs it made. state the name(s) of the expense account(s) shown on the income statement. determine the total amount of assets and the amount of expense shown on the year 1 financial statements assuming finch used the labor and materials to provide dental cleaning services to 500 patients. state the name(s) of the expense account(s) shown on the income statement.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 22.06.2019 11:40, sriggins1375
Manipulation manufacturing's (amm) standards anticipate that there will be 5 pounds of raw material used for every unit of finished goods produced. amm began the month of maymay with 8,000 pounds of raw material, purchased 25,500 pounds for $ 15,300 and ended the month with 7,400 pounds on hand. the company produced 4,9004,900 units of finished goods. the company estimates standard costs at $ 1.10 per pound. the materials price and efficiency variances for the month of maymay were:
Answers: 1
image
Business, 22.06.2019 17:40, lukecoupland4401
Solomon chemical company makes three products, b7, k6, and x9, which are joint products from the same materials. in a standard batch of 320,000 pounds of raw materials, the company generates 70,000 pounds of b7, 150,000 pounds of k6, and 100,000 pounds of x9. a standard batch costs $3,840,000 to produce. the sales prices per pound are $10, $14, and $20 for b7, k6, and x9, respectively. (a) allocate the joint product cost among the three final products using weight as the allocation base. (b) allocate the joint product cost among the three final products using market value as the allocation base. (c) allocate the joint product cost among the three final products using weight as the allocation base.
Answers: 3
image
Business, 22.06.2019 23:50, clickbaitdxl
Melissa buys an iphone for $240 and gets consumer surplus of $160. a. what is her willingness to pay? b. if she had bought the iphone on sale for $180, what would her consumer surplus have been?
Answers: 3
image
Business, 23.06.2019 00:30, ncosmebaez15
You have been solicited to conduct a performance evaluation for a public organization that has been corrupted over issues of personnel embezzling funds. before actually conducting the evaluation, you—the evaluator—need to know certain specifics to conduct a thorough evaluation. compose a proposal that describes what type of evaluation will be conducted. in the proposal, explain the type of public organization. describe some of the main services, products, and activities the organization provides to the public. describe the size of the problem, who is affected by the problem, how long the problem has been in existence, and how long the evaluation will take. also, describe what the evaluation will assess with respect to organizational leadership. finally, what outcomes do you propose the evaluation will to achieve for the organization?
Answers: 2
Do you know the correct answer?
Finch company started year 1 with $150,000 in its cash and common stock accounts. during year 1, fin...

Questions in other subjects:

Konu
Mathematics, 01.07.2020 22:01