Business, 05.07.2020 16:01, alexisbrad3107

A summary of selected ledger accounts appears below for Alberto's Plumbing Services for the current calendar year-end. Common Stock
12/318,500 1/16,500
12/3115,000
Retained Earnings
6/303,500 12/3115,000
11/305,000
Income Summary
12/3118,500 12/3133,500
12/3115,000

Net income for the period is

a. $15,000

b. $33,500

c. $13,000

d. $18,500

Answers: 3

Show answers

Other questions on the subject: Business

Business, 21.06.2019 22:50, carolineepoolee84

The winston company estimates that the factory overhead for the following year will be $1,250,000. the company has decided that the basis for applying factory overhead should be machine hours, which is estimated to be 50,000 hours. the total machine hours for the year were 54,300. the actual factory overhead for the year were $1,375,000. determine the over- or underapplied amount for the year.

Answers: 1

continue

Business, 22.06.2019 03:40, f13vsdbd

Electronics assembly inc. is a contract manufacturer that assembles consumer electronics for a number of companies. currently, the operations manager is assessing the capacity requirements as input into a bid for a job to assemble cell phones for a major global company. the company would assemble three models of cell phones in the same assembly cell. setup time between the phones is negligible. electronics assembly inc. operates two 8-hour shifts for 275 days per year. cell phone demand forecast (phones/year) processing time (minutes/phone) mars 47,000 19.8 saturn 35,000 20.7 neptune 7,500 16.2 a. calculate total capacity required by line. b. determine the total operating time available. c. calculate the total number of assembly cells. (round up your answer to the next whole number.)

Answers: 2

continue

Business, 22.06.2019 10:10, travisvb

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

Answers: 1

continue

Business, 23.06.2019 08:20, vhuyrtyy

You are a newspaper publisher. you are in the middle of a one-year rental contract for your factory that requires you to pay $500,000 per month, and you have contractual labor obligations of $1 million per month that you can't get out of. you also have a marginal printing cost of $.25 per paper as well as a marginal delivery cost of $.10 per paper. if sales fall by 20 percent from 1 million papers per month to 800,000 papers per month, what happens to the afc per paper?

Answers: 2

continue

Do you know the correct answer?

A summary of selected ledger accounts appears below for Alberto's Plumbing Services for the current...