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- Mutiple Choice O $72.00 O $500 O $400Which of the following formulas in cell C8, when copied to cells C9 through C12, would yield the correct amount of double-declining- balance depreciation? A 1 2 Cost 3 Salvage 4 Life (in years) 5 6 7 8 9 10 11 12 Year 1 2 3 4 5 B $440,000 $40,000 5 C January 1 book Depreciation value Expense $440,000 $264,000 $158,400 $95,040 $57,024 $176,000 $105,600 $63,360 $38,016 $17,024 D Accumulated Depreciation $176,000 $281,600 $344,960 $382,976 $400,000 E December 31 book value $264,000 $158,400 $95,040 $57,024 $40,00020 TB MC Qu. 10-71 Thomas Enterprises... Thomas Enterprises purchased 58,300 pounds (cost = $378,950) of direct material to be used in the manufacture of the company's sole product. According to the production specifications, each completed unit requires five pounds of direct material at a standard cost of $6.80 per pound. Direct materials consumed by the end of the period totaled 55,800 pounds in the manufacture of 11,400 finished units. 5 Dints еВook An examination of Thomas' payroll records revealed that the company worked 23,100 labor hours (cost = $272,580) during the period, and specifications called for each completed unit requiring two hours of labor at a standard cost of $12.40 per hour. Use the information to compute the following variances. Print References Thomas' direct-labor rate variance was: Multiple Choice $13,860 F.
- Fabrick Company's quality cost report is to be based on the following data: Lost sales due to poor quality Quality data gathering, analysis, and reporting Net cost of spoilage Re-entering data because of keying errors Test and inspection of in-process goods Final product testing and inspection Statistical process control activities Returns arising from quality problems Downtime caused by quality problems What would be the total appraisal cost appearing on the quality cost report? $ 15,200 $ 64,700 $ 68,300 $ 20,700 $ 19,500 $ 43,800 $36,300 $ 33,100 $ 65,000Chapter 5 Saved Help Multiple Choice $56,625. $64,110 $56,110. $28.800lenovo Assignment 3A S1 202 X ownloads/ACCT1002%20Assignment%203A%20S1%202021-%202022%20(1).pdf lagiarism Checker... S https://www.citethi... e (1).pdf 1 Q 回|+%00L ACCT1002 Introduction to Financial Accounting E. Earned Net income $ (Please refer to table below and use only the info in line with your first name initial in the blank/underlined space) firstname Initial Net Income A, P, I, E, V C, O, R, Y K, Q, M, F S, W, G, Z 24 24 %$4 2,000,000.00 %$4 $4 1,400,000.00 1,450,000.00 1,500,000.00 N, B, J, X, H 24 F. Declared interim dividends for preferred shareholders as well as $.80 per share to common stockholders. Using the info above and as a guide: A. Prepare the journal entries with narrations to record the following: The issuances of stock. Close out net income to retained earnings. Dividend declared. Close out dividend to retained earnings. 10:25 AM 11/10/2021 10.162.156.242 FOWER 29232 USB TCPAP NO TX AX LNK TX AX LNK ACT LNK F5 F7 Print F4 F10 F11
- [sixteenth item] true or falseThe standard factor equation that would answer the questionJonathan Corporation purchased debt securities during 2021 and classified them as securities available-for-sale: Fair Value, 12/31/2021 $49,200 Security Cost A $41,000 B С 73,000 31,000 68,000 40,000 All declines are considered to be temporary. How much gain will be reported by Jonathan Corporation in the December 31, 2021, Income statement relative to the portfolio?
- V:00 O %OTO O a 4 ull Asiacell 2_53303922564... -> Use the following data to prepare card store by using Fifo method, Lifo method and av. cost : 1-1/6 The balance ( 30 ) unit in price ( 1000 )D. To unit . 2-2/7 Purchase ( 50 )unit in price (1100 )D. To unit . 3-7/8 Expend ( 40 Junit to the production . ( 35 Jun price ( 1130 )D. To 5-14/9 Expend ( 35 )unit to the production. 6-17/10 Purchase ( 25 ) unit in price (1135 )D. to unit. 4-11/9Cashbalance,beginning.....................P9 P ? P ? P? P?Add collectionsfromcustomers..... ? ? 125 ? 391Totalcash available................... 85 ? ? ? ?Less disbursements:Purchaseofinventory..................... 40 58 ? 32 ?Operatingexpenses............... ? 42 54 ? 180Equipmentpurchases................... 10 8 8 ? 36Dividends.......................... 2 2 2 2 ?Totaldisbursement.................... ? 110 ? ? ?Excess (deficiency) of cash availableOrdisbursements... ...................... (3) ? 30 ? ? Financing:Borrowings......................... ? 20 - - ?Repayments (including interest)*.. - - (?) (7) (?)Total financing......................... ? ? (?) (?) ?Cash balance, ending................... P ? P ? P ? P ? P ? *Interest will total P4, 000 for the year.Please answer all boxes in yellow, and show formulas (work). Thank you!