Answer:
A) cost of goods manufactured schedule
Factory Insurance 4,700
Factory Utilities 29,100
Factory Machinery Depreciation 19,000
Direct Labor 147,750
Plant Manager`s Salary 65,600
Indirect Labor 26,560
Factory Property Taxes 9,810
Factory Repairs 1,600
Add Beginning Work in Process Inventory 26,800
Less Closing Work in Process Inventory (22,300)
Cost of Goods Manufactured $308,620
B) income statement through gross profit
Sales Revenue 564,000
Less Sales Discounts (4,700)
Net Sales 559,300
Less Cost of Goods Sold :
Finished Goods Inventory 98,200
Add Cost of Goods Manufactured 308,620
Less Closing Finished Goods Inventory (26,100) (380,720)
Gross Profit 178,580
C) current assets section of the balance sheet at June 30,2017
Current Assets
Raw Materials Inventory 46,000
Work in Process Inventory 22,300
Finished Goods Inventory 26,100
Accounts Receivable 27,100
Cash 35,600
Total Current Assets 157,100
Explanation:
Raw Materials Consumed in Production Calculation
Open a Raw Materials T - Account as follows :
Debit :
Opening Balance $51,100
Purchases $97,500
Totals $148,600
Credit :
Closing Balance $46,000
Requisitioned for Production (Balancing figure) $102,600
Totals $148,600
b. fair housing laws.
c. the Equal Opportunity Act.
d. RESPA
Answer:
fair housing laws
Explanation:
The Fair Housing Act refers to the act created to bring an end to unfair practices that involve all housing-related activities. The Law was formed with the perception that each person is entitled to rent a house, buy a home, or obtain a loan on a house without fear of discrimination because of their participation in the same class of individuals.
The Fair Housing law was developed to educate tenants, lenders, investors and tenants on the patterns of accommodation that can be considered unfair.Though, the real pioneering regulation has been the 1968 Fair Housing Act that was created one week since Martin Luther King Jr. was assassinated.
The seller could be sued for violating fair housing laws if they refuse to show a property to a minority. These laws specifically prevent discrimination in housing. The other provided options are related to housing, but in different contexts.
If a seller refuses to show a property to a minority, the seller could be sued for violating b. fair housing laws. These laws prohibit discrimination based on race, color, national origin, religion, sex, familial status, or disability in the sale, rental, or financing of housing. The other options mentioned (HUD, the Equal Opportunity Act, and RESPA) are connected to housing and discrimination but under different contexts. HUD (Department of Housing and Urban Development) implements and oversees the Fair Housing Act. The Equal Opportunity Act is broader and covers various forms of discrimination in multiple fields beyond housing. RESPA (Real Estate Settlement Procedures Act) deals with mortgage loans and closing procedures, but not necessarily discrimination.
#SPJ3
D I think I'm only in year 7 haha
Answer:
Variable overhead= $44,330
Fixed overhead= $29,600
Total overhead= $73,930
Explanation:
Giving the following information:
Total variable overhead= $45,760
Total fixed overhead= $29,600
Total overhead cost= $75,360
First, we need to calculate the variable predetermined overhead rate:
Variable predetermined overhead rate= 45,760/3,200= $14.3 per machine hour
Now, for 3,100 hours:
Variable overhead= 14.3*3,100= $44,330
Fixed overhead= $29,600
Total overhead= $73,930
b. She will be creative.
c. She will be nervous, depressed, and insecure.
d. She will be easily distracted.
e. She will perform better in jobs that require significant interpersonal interaction.
Answer: d. She will be easily distracted.
Explanation:
When one is said to be conscientious, it means that they are very dedicated to their duty. They value their duty and they want to do it well. A conscientious person is focused on their duty with the aim of fulfilling it to the best of their ability and so are reliable and trustworthy.
If a person is said to be low in conscientiousness, it means that they do not value their duty as well as they should and like Jane Simpson can get easily distracted from said duty.
Answer:
The corresponding percentage change in the price of the bond using the approximation method based on the bond duration is -3.24%
Explanation:
In this question, we are to calculate the corresponding percentage change in the price of the bonds using the approximation method based on the bond duration.
Mathematically, approximate change in bond price = -(Duration × Change in yield)
From the question, we identify that the duration is 18 years while the change in yield is 1.8% = 1.8/100 = 0.18
We plug this in the equation above;
The approximate change in bond price is thus; -(18 × 0.18) = -3.24%