Crane Company uses a job order cost system and applies overhead to production on the basis of direct labor costs. On January 1, 2022. Job 50 was the only job in process. The costs incurred prior to January 1 on this job were as follows: direct materials $16,400, direct labor $9,840, and manufacturing overhead $13,120. As of January 1, Job 49 had been completed at a cost of $73,800 and was part of finished goods inventory. There was a $12.300 balance in the Raw Materials Inventory account on January 1 During the month of January Crane Company began production on Jobs 51 and 52, and completed Jobs 50 and 51. Jobs 49 and 50 were sold on account during the month for $100.00 and $129,560, respectively. The following additional events occurred during the month. 1. 2 Purchased additional raw materials of $73,800 on account Incurred factory labor costs of $57.400. Incurred marufacturing overhead costs as follows depreciation expense on equipment 59,840, and various other manufacturing overhead costs on account $13,120

Answers

Answer 1

The total manufacturing overhead costs incurred during the month of January were $73,960.

To calculate the total manufacturing overhead costs incurred during the month of January, we need to consider the additional events that occurred.

The given events state that the following manufacturing overhead costs were incurred:

Depreciation expense on equipment: $59,840

Various other manufacturing overhead costs on account: $13,120

Adding these costs together, we get a total of $73,960 for the manufacturing overhead costs incurred during January.

It's important to note that the costs incurred prior to January 1 on Job 50, as well as the costs related to Job 49 and its completion, are not relevant to the calculation of manufacturing overhead costs incurred during January. These costs are specific to the respective jobs and their accounting treatment may differ.

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Related Questions

In the Rescorla-Wagner model, the symbol _______ refers to the limit of the amount of associative strength or learning that may occur.

Answers

In the Rescorla-Wagner model, the symbol V refers to the limit of the amount of associative strength or learning that may occur.

The Rescorla-Wagner model is a mathematical model that explains how organisms learn through classical conditioning. It posits that the amount of learning or associative strength that occurs during conditioning is determined by the discrepancy between the actual and expected outcomes.

In the model, "V" represents the maximum associative strength or learning that can be achieved for a particular conditioned stimulus (CS). This limit is influenced by factors such as the salience or intensity of the CS and the biological constraints of the organism.

According to the Rescorla-Wagner model, the associative strength of the CS increases as long as the actual outcome is more surprising than expected. However, once the associative strength reaches the maximum limit (V), further conditioning trials would not lead to additional learning or stronger associations.

The "V" term helps explain the phenomenon of saturation, where learning plateaus and additional conditioning trials have diminishing effects on associative strength.

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Hal has just graduated from four years of college. For the last two years, he took out a Stafford loan to pay for his tuition. Each loan had a duration of ten years and interest compounded monthly, and Hal will pay each of them back by making monthly payments, starting as he graduates. Hal’s loans are detailed in the table below. Year Loan Amount ($) Interest Rate (%) Subsidized? Junior 4,048 5. 9 N Senior 5,295 7. 6 Y Once all of his loans are paid off, what will Hal’s total lifetime cost be? Round all dollar values to the nearest cent. A. $9,023. 28 b. $8,467. 20 c. $11,498. 40 d. $13,615. 20.

Answers

Answer: The answer is D, $13,615.

If the account is interest bearing, how would you account for the interest when you reconcile your account?

1. subtract the interest from your running balance

2. add the interest to your running balance

3. forget about it since it is probably a small amount

4. keep a separate entry for interest

Answers

Answer:

the answer is 1 I do in fact think

The account for the interest when you reconcile your account is subtract the interest from your running balance Option(1) is correct. Stores have filled unequivocally as of late, despite the fact that there has been no development in interest-bearing protections.

What is Interest Bearing?

An interest-bearing record is a kind of financial balance that pays the client an interest rate in return for them storing their cash at the bank.

The return and interest rate offered will change by bank and rely upon the record agreements. They can likewise change over the long run. There are various reasons you ought to open an interest-bearing record.

Not exclusively will you bring in cash from your reserve funds, yet you can keep it where you will not be enticed to spend it. It's dependably really smart to set aside cash and keeping one or even a few records that procure you interest is a shockingly better thought.

Families contribute around two-fifths of their monetary resources in interest-bearing resources. These resources are prevalently held straightforwardly in stores and furthermore through superannuation and other venture reserves.

Therefore Option(1) is correct.

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Is Massachusetts has a sales tax of 6 percent and New Hampshire?

Answers

If New Hampshire has no sales tax and Massachusetts has a 6% sales tax, purchasing a $1,000 television in New Hampshire will save you $60.

The current state sales tax rate in Massachusetts (MA) is 6.25%. Sales tax is a fee associated with the sale of specific goods and services that is paid to a governing body (local or state). Sales taxes have existed since ancient Egypt, when artwork show the taxation of goods, and were first implemented in the United States in 1921. In 1966, Massachusetts became the first state to enact a general transaction privilege tax. The rate has since increased to 6.25%. You represent the Commonwealth of Massachusetts as a business owner providing taxable goods or services by collecting transaction privilege tax from customers and remitting it to the Department of Revenue. This is a crucial aspect that needs to be emphasised.

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Philosophers who have been studying entrepreneurs found that successful entrepreneurs all over the world have some characteristics in common. True or False

Answers

Answer:

TRUE

Explanation:

Answer:

True

Explanation:

It doesn't matter where they are; they are all doing the same thing and therefore have at least some similar characteristics to one another.

It is said that there are a number of steps in designing an effective service system which include a) Establishing procedures to be followed in case of service failure b) Identifying failure-prone areas can be enabled by a service blueprint technique c) Obtaining feedback from the customers and continuous review of service delivery d) Defining and incorporating service standards and explicitly communicating them to the customers e) Empowerment enabled through training and other HR practices List them in the right order.

Answers

Answer is in a file below

cutt.us/tWGpn

suppose a one-bedroom rental listing in this large city is selected at random. what can be said about the probability that the listed rent price will be at least $930?

Answers

The z-score of 1.13 corresponds to a probability of   0.68. In other words,there is a 68%   chance that the sample mean rent price will be greater than $900.

How is this so?

(a) The probability that the listed rent price will be at least $930 is 0.16. This can be calculated using the z-score formula  -

z = (x - μ) / σ

z is the z-score

x is the rent price

μ is the population mean ($880)

σ is the population standard deviation ($50)

z = (930 - 880) / 50 = 0.9

b) z = (900 - 880) / 14.14

= 1.13

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Full Question:

Although part of your question is missing, you might be referring to this full question:

Suppose monthly rental prices for a one-bedroom apartment in a large city has a distribution that is skewed to the right with a population mean of $880 and a standard deviation of $50.

(a) Suppose a one-bedroom rental listing in this large city is selected at random. What can be said about the probability that the listed rent price will be at least $930?

(b) Suppose a random sample 30 one-bedroom rental listing in this large city will be selected, the rent price will be recorded for each listing, and the sample mean rent price will be computed. What can be said about the probability that the sample mean rent price will be greater than $900?

QUESTION 6 of 10: Your staff consists of 7 cashiers, 3 stockers, and 5 salespeople. The cashiers are paid $12 per hour;
paid $10 per hour; the salespeople are paid $15 per hour. What is the average hourly wage across all your workers?

Answers

Answer:

$12.6 per hour

Explanation:

There are total of 15 workers, ( 7 + 3 + 5).

The total earning per hour is as below

Cashiers : 7 x $12 = $84

Stockers : 3 x $10 = $30

Salespeople : 5 x $15 = $75

Total earning per hour

= $84 +$30 +$75

=$189

Average earning = $189/15

=$12.6 per hour

One option to generate a favorable ______ variance for net operating income is to increase the number of clients.

Answers

Answer:

activity

Explanation:

When you are communicating with someone from another culture you should _______.

Answers

Answer:

maintain etiquette or speak slowly

Which of these can you invest in without assuming any risk?

(1 point)

bonds

property

stocks

none

Answers

Answer:

none

Explanation:

correct

How old will someone who graduated high school at 18 be until they get a Masters Degree in civil engineerings ?

Answers

Answer:22 years

Explanation:

Of those listed below, the best example of a pure public good is a. a public school b. a radio broadcast c. a hardcover copy of a book d. a rock concert held in a small auditorium

Answers

Answer:

b. a radio broadcast

Explanation:

The pure public good is a good which is non-rivalrous and non-excludable. Non-rivalrous represents that the goods does not diminshed in the case when more people consumed it while on the other hand, the non-excludable represents that the goods are available to all

Therefore as per the given options, the option b is correct

hence, the other options are incorrect

Another reason fueling the boom in fast-growing technology services is _____, which, when done right, can virally spread awareness of a firm with nary a dime of conventional ad spending.

Answers

Available options are:

A. Esako and M-Pesa

B. Big data and Business analytics

C. Social media

D. Sproxil

Answer:

Social media

Explanation:

Social media is an internet-based or online platform that allows different registered users to share various forms of information and content, among other users, from anywhere across the globe.

Hence, given the available options, Another reason that is fueling the boom in fast-growing technology services is SOCIAL MEDIA, which, when done right, can virally spread awareness of a firm with nary a dime of conventional ad spending.

What is unemployment

Answers

Answer:

Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15)[2] not being in paid employment or self-employment but currently available for work during the reference period.

Explanation:

At The Extra;-

Unemployment is measured by the unemployment rate, which is the number of people who are unemployed as a percentage of the labour force (the total number of people employed added to those unemployed).

Pls Rate And Brainliest

Answer:

a situation when a person actively searches for employment but is unable to find work.

which is an example of a graduated repayment plan for student loans?

Answers

A graduated repayment plan for student loans is a repayment plan in which the amount of the monthly payment increases over time, typically every two years.

An example of a graduated repayment plan for student loans would be a plan where the borrower starts with lower monthly payments and then has the payments increase gradually over a period of 10 to 25 years. The increased payments are meant to reflect the borrower's increased ability to repay the loan as their income increases over time.

Graduated repayment plans can be an option for borrowers who expect their income to increase significantly over time, but who need lower payments during the early years of their careers.

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Macrosoft develops, produces, and markets a wide range of computer software, including the Windows operating system. On its recent financial statements, Macrosoft reported the following information about net sales revenue and accounts receivable (amounts in millions).

Current Year Prior

Year

Accounts receivable, net of allowances of $407 and $378 $ 29,224 $ 26,681

Net sales revenue 65,869 64,297

According to its Form 10-K, Macrosoft recorded bad debt expense of $120 and there were no bad debt recoveries during the current year.

Required:

Using the following T-account for Allowance for Doubtful Accounts, what amount of bad debts was written off during the current year?

Using the following T-account for Accounts Receivable (Gross), solve for cash collected from customers for the current year, assuming that all of Macrosoft’s sales during the period were on open account

Answers

The Bad Debt is a debt that cannot be recovered and cannot be collected from a debtor. This is known as writing off bad debt. Bad debts redeemed = $ 90 ; Total end balance = $14,029

The consequences of a write-off

When a creditor forgives a debt, it means that no further payments are required. Furthermore, the balance on credit reference agency reports should be set to zero; the debt will be registered as a default on credit reference agency reports; Bad debts redeemed = $ 90

Total balance = $14,029

1. Bad Debts written off = Prior year Allowance account + Bad Debt Expense – Current year Allowance account

= $ 130 + 100 – 140

= $ 90

2. Accounts receivables (Gross)

Beg Bal [12338 + 130]                         $12,468

Net Sales revenue                               $62,220              $90 Written off

                            $60,569 Cash Collected [12468 + 62220 - 90 - 14029]

End balance [13889 + 140]                 $14,029

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Which of the following refers to the way that interest added to an account earns
interest itself?
APY
compound interest
APR
annuity

Answers

Answer:

APY is when interest is added to an account that is earning the money so I belive that is the answer

Please assist with the statement of cash flows. Thanks!
The following information (presented in thousands) is available for the Cumberland County Utility Enterprise Fund during the current year:
The beginning balance for cash and cash equivalents was $86,210 and for restricted cash was $12,366.
The utility collected $2,500 in customer deposits throughout the year. Deposits of $1,100 were returned, and accounts of $200 were written off.
Cash paid to vendors totaled $19,981, while cash paid to employees was $35,250.
The utility repaid revenue bonds restricted for capital acquisitions in the amount of $17,500 and issued new debt of $15,000 to acquire new equipment. Equipment costing $8,000 was purchased for cash during the year.
Cash receipts came from customers, $112,793; interest on investments, $900; a transfer from the General Fund, $5,000; and interest on customer deposits, $625. (Assume that interest on customer deposits is not restricted.)
Required
Prepare a statement of cash flows for the Cumberland County Utility Enterprise Fund. (Ignore the reconciliation of operating income to net cash provided by operating activities because insufficient information is provided to complete the reconciliation.) (Cash outflows should be indicated by a minus sign.)

Answers

Net increase in cash and cash equivalents 53,587

Cash and cash equivalents, the beginning of year 86,210

Cash and cash equivalents, end of year $139,797

What exactly are cash equivalents?

Cash equivalents refer to highly liquid and low-risk financial instruments that can be easily converted into cash. These are short-term investments that typically mature within three months or less from the date of purchase.

Cumberland County Utility Enterprise Fund

Statement of Cash Flows

For the Current Year Ended

Cash Flows from Operating Activities:

Cash receipts from customers of $112,793

Interest on investments 900

Transfer from the General Fund 5,000

Interest on customer deposits 625

Cash paid to vendors (19,981)

Cash paid to employees (35,250)

Net cash provided by operating activities $64,087

Cash Flows from Investing Activities:

Purchase of equipment (8,000)

Net cash used in investing activities (8,000)

Cash Flows from Financing Activities:

Repayment of revenue bonds (17,500)

Issuance of new debt of 15,000

Net cash used in financing activities (2,500)

Net increase in cash and cash equivalents 53,587

Cash and cash equivalents, the beginning of year 86,210

Cash and cash equivalents, end of year $139,797

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Bruce is trying to decide which Human Services career he wants to pursue. He is just finishing high school and does not want to do much postsecondary education. Which career pathways should Bruce look into? Personal Care Services and Early Childhood Development Early Childhood Development and Family and Community Services Family and Community Services and Personal Care Services Consumer Services and Counseling and Mental Health Services

Answers

Answer:

Your answer shall be A.

sorry if im wrong

Explanation:

Answer:

A

Explanation:

In which situation would a savings account be the be investment to earn interest

Answers

when interest rates go up

Question 1: [15 Marks Apply Normalization Rules to convert the following report to Third Normal Form (3NF) Important Assumptions: The attribute Sales Order Number uniquely identifies the Sales Order

Answers

Without the provided report or information, it is not possible to apply normalization rules and convert it to the Third Normal Form (3NF).

The normalization process involves applying a set of rules to eliminate data redundancy and ensure data integrity in a relational database. To convert a report to the Third Normal Form (3NF), we need the original report or information containing the attributes, relationships, and dependencies within the data. Without this information, it is not possible to analyze and apply the normalization rules effectively. Each attribute must be identified, and the relationships and dependencies between them must be understood to determine the appropriate normalization steps. Therefore, without the report or relevant data, we cannot proceed with the normalization process or provide a specific conversion to 3NF.

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The HR manager is considering giving more full-time contracts. Would you recommend Top Hotels offer more employees full-time contracts? Justify
your answer.

Answers

Answer:

Yes

Explanation:

Yes, I would recommend offering more employees full-time contracts. This is because having employees that know the ins-and-outs of a company is extremely valuable. These employees are able to function with less supervision and think ahead in order to prevent problems before they occur, as well as solve current situations quickly and efficiently. By working full-time they ultimately grow with the company and are able to progress faster. This is incredibly valuable for a company and can greatly increase profits in both the short-term and long-term

Side effects such as drowsiness, mental clouding, and nausea
can be a result of taking:

Answers

We might anticipate experiencing symptoms like tiredness, mental clouding and nausea when using opioids.

What causes hazy urine, and why?

The presence with alkaline is the most frequent cause of murky urine. Water, salts, and waste products from the kidneys make up urine, and the ratio of these elements determines whether it is alkaline or acidic (pH). The pH range for normal urine acidity to alkalinity is 4.5 to 8.

Why does my stomach hurt and my urine seem cloudy?

UTIs frequently result in symptoms that are unique to the bladder, such as murky urine and pain when urinating. The infection-causing bacteria, however, can also impact your abdomen, particularly your lower belly. Bloating can happen, along with a lot of pressure, pain, and discomfort.

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A corporation issued 5,200 shares of $10 par value common stock in exchange for some land with a market value of $74,000. the entry to record this exchange is:____.

Answers

To record the exchange of 5,200 shares of $10 par value common stock for land with a market value of $74,000, the following journal entry can be made:

Land .............................................. $74,000

Common Stock (5,200 shares x $10) .... $52,000

Paid-in Capital in Excess of Par ......... $22,000

In this entry, the land is debited for its market value of $74,000. The common stock account is credited for the par value of the shares, which is calculated as 5,200 shares multiplied by $10, totaling $52,000.

The difference between the market value of the land and the par value of the common stock is recorded as "Paid-in Capital in Excess of Par" and credited for $22,000. This entry reflects the exchange of stock for land, while also maintaining the balance between assets and shareholders' equity.

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Determine which of the statements below describes a petty cash receipt. (Check all that apply.)A. A petty cash receipt is rarely prenumbered.B. All petty cash receipts are turned in to the company cashier at the end of each day.C. The petty cashier must present all paid receipts to the company cashier in order to replenish the fund.D. Any person wishing to withdraw funds from a petty cash fund must complete a petty cash receipt.E. A petty cash receipt is sometimes called a petty cash ticket.F. A petty cash receipt will have a signature line for the person receiving a disbursement from the fund.

Answers

Answer:

C. The petty cashier must present all paid receipts to the company cashier in order to replenish the fund.

D. Any person wishing to withdraw funds from a petty cash fund must complete a petty cash receipt.

E. A petty cash receipt is sometimes called a petty cash ticket.

F. A petty cash receipt will have a signature line for the person receiving a disbursement from the fund.

Explanation:

A petty cash receipt is a form that is used in the documentation of cash payments from the petty cash box. The petty cash receipt is also referred to as the petty cash ticket.

The petty cashier must present all paid receipts to the company cashier in order to replenish the fund and any individual who wants to withdraw funds from a petty cash fund must complete a petty cash receipt.

What tone would be most appropriate for a psa about the benefits of college? positive playful relaxed romantic

Answers

Answer:

Most likely positive.

Explanation:

Its talking about the benefits of college so it should be happy and positive to try to persuade listeners to go to college.

Answer:

a postive

Explanation:

edge 2022

beau, a fashion design company, organizes an online contest. participants are asked to design women's apparel to be posted on a social media website where its members can vote and provide feedback. based on those votes, beau will announce the winner and offer that individual a job at its firm. in this scenario, beau is involved in . group of answer choices brandjacking recruitment blogging crowdsourcing

Answers

In this scenario, Beau is involved in crowdsourcing. Thus, option D is correct.

Crowdsourcing is the process of gathering work, knowledge, or views from a sizable number of individuals who contribute their information online, on social media, or through mobile apps.

Some participants in crowdsourcing carry out modest chores freely, while others occasionally work as paid freelancers. For instance, traffic applications like Waze encourage users to self-report accidents and other occurrences on the road so that users may get real-time, updated information.

Crowdsourcing enables businesses to access a wide range of talents and knowledge without paying the typical overhead expenditures of in-house staff by allowing corporations to farm out work to people anywhere in the nation or the world.

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If a person wants to work from home in the Business, Management and Administrative careers, what is required?
O a cubicle to keep the person on task
0 a private office to protect confidential information
proper technology to keep the person connected
proper travel arrangements to meet with customers

Answers

Answer:

proper technology to keep the person connected

Explanation:

Working from home entails accessing the office remotely. The employee gets connected to the company's private network while at home.  A good internet connection is required for the employee to be connected to the office systems while at home.

Apart from connectivity, they may need a virtual private network application to access the company's private network. The employee's home computer will need configuration to access office applications. Proper technology is, therefore, required to keep an employee connected.

Answer:

C) proper technology to keep the person connected

Explanation:

A marketer is keeping track of the revenue generated by his campaign. He wants to
see a specified return-on-investment for his monthly ad spend.
Which type of automated bidding strategy will meet his needs?
An awareness-based bidding strategy
A conversion-focused bidding strategy
A revenue-focused bidding strategy
A consideration-focused bidding strategy

Answers

Answer:

C). A revenue-focused bidding strategy.

Explanation:

As per the details given in the question, 'a revenue-focused bidding strategy' will most likely assist the marketer in upkeeping his needs as his key focus is to discern a particular return on his investment that he made for the monthly ad spend made by him. This automated strategy of bidding will allow him to keep track of the revenue and escalate the return. Thus, option C is the correct answer.

Other Questions
If you are making a left turn from a two way street into a one way street you must start the turn from the _____ abc hit may turn into any lane that is safely open Dudley said that whenever anything would go wrong at his last job, his boss would always say he was responsible. I guess Dudley must be a very responsible person. I'd better hire him. (adapted from Tom Morris, True Success) - The previous argument uses which of the following fallacies? The Pendleton Act of 1883, the first piece of federal legislation to begin breaking down the spoils system, created a bipartisan ________ commission to supervise the federal job application process. darwinian fitness is measured only in terms of the number of healthy offspring produced.T/F Which is the best example of a topic that is too broad? A. the importance of teaching history in schools B. the positive effects of teaching history to students at a young age C. learning history encourages a more multicultural viewpoint on the world D. the history of the of the English monarchy This morning you purchased a stock that just paid an annual dividend of $3.40 per share. You require a return of 9.8 percent and the dividend will increase at an annual growth rate of 4.3 percent. If you sell this stock in three years, what will your capital gain be? Multiple Choice $4.30 $11.34 Evaluate and explain the importance of the concept of controlwith respect to a finance lease contract. calculate the cross product. (75)(4 )= (give your answer using standard basis vectors. express numbers in exact form. use symbolic notation and fractions where needed.) The ________ theory holds that people will compare their circumstances with those of similar others and that this behavior motivates them to seek fairness in the way they are rewarded for performance. if you were given a chance to speak to the millions ofFilipinos what platform would you like to voice out? Which institutional design would you say is more suitable foreconomic growth: a majoritarian or a consociational democracy?Why? What is the role of assessors in AC? How can you ensureeffectiveness of assessors? There are 5 urns. There are 7 white and 9 black balls in the first, second, and third urns. and - 4 white and 6 black balls in fourth and fifth urns. A ball is randomly extracted from a randomly chosen urn. Find the probability that the extracted ball is white? 2. Rocks on either side of a ________fault slip past each other with little up anddown motion. Which of the following was a French possession during the late 19th and early 20th centuries? a. Vietnam b. Laos c. Cambodia d. all of the above e. none of those In what order do waste products pass through the urinary system to be excreted?Place the following: structures in the correct orderKidneys Renal artery Ureters Urethra Urinary bladderWhich of the following regarding the position and structure of the kidneys is true or false? The adrenal glands lie directly above the kidneys. True FalseThe kidneys lie within the abdominal cavity. True FalseThe kidneys are protected by a layer of fat.. True False Company P Ltd acquired 100% of S Ltd on 1 Jan 2018. The income statements at the end of 31 Dec 2018 are as follows:P SRevenue 1000 600Cost of Sales 500 300Gross profit 500 300Administrative expense 100 50Other expenses 60 10Finance cost 100 50Profit before tax 240 190Income tax 80 50Profit after tax 160 140Opening Retained earnings 300 160Closing Retained earnings 460 300Additional informationi) P sold to S goods worth 120 inclusive of a Markup of 20%. 50% of these goods had been sold by S at year endii) S sold to P goods worth 60 inclusive of a Markup of 30%. None of these goods had been sold by P at year endiii) The fair value of net asset of S Ltd at acquisition was in excess of book value by Sh. 100. This is attributable to PPE with a remaining useful life of 10 yearsiv) Goodwill impairment of Sh. 40 assessed at yearend if the quantity of bagels demanded decreases by 8% when the price of croissants decreases by 16%, the cross-price elasticity of demand between bagels and croissants is a)2 b)0.5 c)-2 d)-5 ____ involves the creation of mathematical equations to calculate various network values. Which circuits are parallel circuits?