The following events took place for Digital Vibe Manufacturing Company during March, the first month of its operations as a producer of digital video monitors: Purchased $42,200 of materials. Used $32,500 of direct materials in production. Incurred $48,500 of direct labor wages. Incurred $68,400 of factory overhead. Transferred $113,500 of work in process to finished goods. Sold goods for $203,000. Sold goods with a cost of $90,300. Incurred $51,900 of selling expense. Incurred $22,800 of administrative expense.

Answers

Answer 1

Answer:

Missing word "Using the information given, complete the following: a. Prepare the March income statement for Digital Vibe Manufacturing Company. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries."

                          Income statement

Particulars                                                 Amount

Sales                                                         $203,000

Less: Cost of goods sold                         $90,300

Gross profit                                               $112,700

Operating expense

Selling expense                      $51,900

Administrative expense         $22,800

Total operating expense                          $74,700

Operating income                                    $38,000


Related Questions

Evaluating company performance and making corrective adjustments Multiple select question. helps management determine whether to maintain or alter the company's vision, objectives, and strategy. is an ongoing process. is important in understanding how well strategy is being executed. is necessary only when the company's strategic vision changes significantly.

Answers

Answer:

helps management determine whether to maintain or alter the company's vision, objectives, and strategy.

Explanation:

A strategy can be defined as a set of guiding principles, actions and decisions that an organization combines so as to achieve its business goals, attract customers and possess a competitive advantage over its rivals in the industry.

In Business management, it is very important for businesses to conduct an assessment of its internal strengths and weaknesses. This would give it certain advantages, edge and disadvantages in meeting the needs of various customers by analyzing their strengths, weaknesses, opportunities and threats (SWOT).

Hence, evaluating the performance of a company and making corrective adjustments where necessary helps management in determining whether to maintain or alter the company's vision, objectives, and strategy over a specific period of time.

what is sadness ??
[tex] \leqslant \: \: \: \: \: \: \: \: \: \: \: \: \: [/tex]

Answers

Answer:

sadness is when we are alone and who was break up with and who didn't care and when we are weak

Feeling down or unhappy in response to grief, discouragement or disappointment; if ongoing, may indicate depression.

#Sampad's Fan

PLEASE HELP!!!!!!!!!
40 POINTS!!!!!!!!!
Develop a sample budget for someone aged 55-65, considering the adjusted income and expenses in this life phase.

Don't put the wrong answer to get the points, please!!!

Answers

Answer:

housing- $554

food- $245

healthcare- $500

pensions- $350

entertainment- $118

transportation- $247

cash- $155

other- $94

What helps in determining the reliability of a person with regard to repaying debts?

Answers

Answer: Credit score

Explanation:

A credit score is a used to show the creditworthiness of a consumer. It should be noted that the credit score is used by lenders to know if they should lend someone money or not.

The higher the credit score, the better the borrower will look to the potential lenders. It should be noted that the credit score is based on the credit history, total debts, repayment history etc.

Mayree is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selecting hard-to-find books and magazines that her clientele enjoy. Recently, Mayree is experiencing a cash flow shortage, and she is concerned that she may be purchasing too many copies of each title. Having recently completed a business class, you suggest to Mayree that she calculate the ______________ ratio for her store, and then compare it to other stores in her industry.Multiple Choice

Answers

Answer:

Inventory turnover

Explanation:

From the question we are informed Mayree who is the owner of Spines Books, a small eclectic-style bookstore in a bustling college town. Mayree prides herself in selecting hard-to-find books and magazines that her clientele enjoy. Recently, Mayree is experiencing a cash flow shortage, and she is concerned that she may be purchasing too many copies of each title. Having recently completed a business class, I can suggest to Mayree that she calculate the Inventory turnover ratio for her store, and then compare it to other stores in her industry. Inventory turnover can be regarded as rate at which particular company make sales of it's stock of goods and make replacement of its stock of goods during a particular period.

The inventory turnover ratio can be regarded as formula which is cost of goods that is been sold divided by average inventory within the same period.

Mathematically,

inventory turnover=[Net sales/ Average inventory at particular selling price]

One major negative effect of globalization has been:
A. environmental damage due to increased production.
B. fewer jobs in the shipping and packaging industries.
C. more military conflicts between powerful nations.
D. less investment in communication technologies.

Answers

Answer:

A. environmental damage due to increased production.

Explanation:

Globalization can be defined as the strategic process which involves the integration of various markets across the world to form a large global marketplace.

Basically, globalization makes it possible for various organizations to produce goods and services that is used by consumers across the world.

Hence, one of the major advantages of globalization is that, it has ensured or made it possible such that economic and environmental conditions in different countries of the world are related and linked with the intention of generating revenue and profits while providing goods and services to meet the demands or requirements of various consumers across the world.

However, one major negative effect of globalization has been environmental damage or pollution due to increased production by various companies across the world.

Pollution can be defined as the physical degradation or contamination of the environment through an emission of harmful, poisonous and toxic chemical substances.

Answer: A: environmental damage due to increased production

Paradise Corporation budgets on an annual basis for its fiscal year. The following beginning and ending inventory levels (in units) are planned for next year.Beginning InventoryEnding InventoryRaw material*30,00040,000Finished goods70,00060,000-* Three pounds of raw material are needed to produce each unit of finished product.If Paradise Corporation plans to sell 510,000 units during next year, the number of units it would have to manufacture during the year would be:A) 500,000 unitsB) 520,000 unitsC) 510,000 unitsD) 570,000 units

Answers

Answer:

A) 500,000 units

Explanation:

Calculation to determine what the number of units it would have to manufacture during the year would be:

Using this formula

Units produced= Finished goods Ending inventory+Units sold-Finished goods Beginning inventory

Let plug in the formula

Units produced = 60,000 + 510,000 − 70,000

Units produced = 500,000 units

Therefore the number of units it would have to manufacture during the year would be:500,000 units

Master Mopeds Inc. has slightly different versions of the same moped for the American, European, and Asian markets. Its employees are grouped into divisions based on the market in which they have been assigned. This is an example of ________ departmentalization.

Answers

Answer:

"Geographical" is the correct answer.

Explanation:

The categorization procedure on something like a land-based foundation. If the consumers of a business are spread geographically, they can combine geographically-based employment, which is considered as Geographical departmentalization.Offerings could be developed to improve user impact on the world by offering customized services throughout a particular nation or location.

PLEASE HELP
2 6.1.2 Exam: Exam
A.
Question 1 of 40
Which of the following is an example of internal compliance?
O A. A publishing company prevents its employees from using office
computers for personal use.
O B. An accounting firm adheres to the Sarbanes-Oxley Act to prevent
fraud.
O c. A hospital's staff members participate in state-mandated training
sessions every year.
D. A fast food restaurant follows Department of Agriculture
regulations for food preparation.
SUBMIT

Answers

The correct answer is A. A publisher prevents its employees from using office computers for personal use.

Explanation

Internal compliance is a set of strategic internal rules and measures focused on employee behavior and ethics. This internal Compliance was obtained with the aim of improving business practices aimed at raising the quality level of results, goals, and objectives. According to the above, the correct answer is "A. publisher prevents its employees from using office computers for personal use." because this is an example of a business rule that pre-empted the misuse of company equipment preventing its employees from using it for purposes other than corporate ones.

I allow you to write letters of the alphabets what I am​

Answers

Answer:

1COMPUTER (Practice worksheet) Name: Class:2 Date ...../ / I am your friend Pingo. Will you do this worksheet with me? This is my keyboard. Function Keys Numeric My computer's keyboard can talk. Special Keys Normal Keys Direction Keys Keys Numeric Keypad It wants to ask a few questions. Will you answer them for me? 1. Which key am I? a) I allow you to write letters of the alphabets. b) I allow you to move the cursor to the top of the page. c) I allow you to delete the letter to the left of the cursor d) I allow you to delete the letter to the right of the cursor. e) If you press me you can type capital letters. f) You use me to type numbers. g) I allow you to create blank spaces between two words or two numbers. h) I allow you to move the cursor up, down, left or right.

Identity theft and financial fraud
have declined in recent years.
TRUE,
FALSE

Answers

Answer:

false

Explanation:

I hate the us school system and how the pull out bs subjective questions like this, what year is it, what country, time period, stuff like that helps and big schools dont give us it

Answer:

false

Explanation:

hope it helps thank you

quantity demanded varies inversely with price, other things constant*

A quantity demanded

B demand

c law of demand

D change in demand​

Answers

Answer:

c. law of demand

Explanation:

In Economics, there are primarily two (2) factors which affect the availability and the price at which goods and services are sold or provided, these are demand and supply.

Demand can be defined as the total amount of goods or services that consumers are willing and able to purchase at a given price.

Law of demand states that quantity of goods or services demanded varies inversely with their price, other things constant or being equal. Thus, the smaller the quantity of goods or services demanded, the higher the price and vice-versa.

According to the law of demand, there exist a negative (inverse) relationship between the quantity of goods demanded and the price of a good i.e when the prices of goods and services in the market increases or rises: there would be a significant decline or fall in the demand for this goods and services.

This ultimately implies that, an increase in the price level of a product usually results in a decrease in the quality of real output demanded along the aggregate demand curve.

Additionally, the law of demand states that, the higher the demand for goods and services, the higher the price it would be sold all things being equal.

In 20 words or fewer, name some other types of opportunity costs
besides money, time, and energy.

Answers

Answer:

Opportunity cost is a fictitious cost used in the assessment of alternative resource uses. The cost is the lost income from the alternative that you have not chosen to use. A standard example is when a person has a large amount of money and two options: Save them at a fixed monthly interest rate or pay off their loans. If you choose to save at a fixed monthly interest rate, the monthly cost of the loan will be the alternative cost. If, on the other hand, you choose to pay off your loans, the lost interest income will be the alternative cost.

What is a stock exchange?
A. A place where investors can buy and sell different
investments.
B. A type of bank that buys and sells different types of
investments.
C. An organization that owns shares of stock.
D. None of the above

Answers

Answer:

A. A place where investors can buy and sell different  investments.

Explanation:

A stock exchange is a place for the exchange of stocks in the market. In other words, it is a place where investors could 'meet' to buy or sell stocks, be it investments, company shares, or company securities.

A stock market, in simple words, is the marketplace for the buying and selling of investments, a trading place for buyers and sellers. So, a stock exchange is a transaction dealing with stocks, equities, or shares of the commercial world. And the transaction or exchange can only be done if the stock is listed on an exchange.

Thus, the correct answer is option A.

Answer:

A. A place where investors can buy and sell different investments.

Explanation:

The concept behind how the stock market works is pretty simple. Operating much like an auction house, the stock market enables buyers and sellers to negotiate prices and make trades. ... Investors can then buy and sell these stocks among themselves, and the exchange tracks the supply and demand of each listed stock.

In at least 150 words, analyze the relationships of users and participants in marketing research projects. Examine each group that makes up the structure of the marketin

Answers

Answer:

Financial markets offer some solace

Explanation:

Financial markets offer some solace: After tumbling the most in more than two months on Wednesday in the wake of the April consumer price data, the S&P 500 Index jumped on Thursday and Friday. Bond yields also retreated after a surge, suggesting no big fear of breakout inflation.#accelerationism

Melanie graduated from the College of Business at the University of Arizona. What type of higher education Institution did she attend?
OA.
A college
OB.
A university
Ос.
A technical school
OD. A professional school

Answers

She attended a university

Attaining financial objectives is important because Multiple choice question. they are related to market standing and competitive vitality. it ensures the company's viability over the long term. they are more important than strategic objectives. they indicate company's future business prospects.

Answers

Answer:

The answer is "The third choice".

Explanation:

Financial objectives are the goals of an institution that are monetarily expressible. This term means goals that immediately influence the financial reports of the company, like the revenue statement or even the balance sheet.

This gives us a better intention to leave toward main contributions. Standard accounting aims are increased revenues, higher profit margins, a decrease in difficult times as well as a return on capital.

You are given the following information for Ted’s Dread Co.: sales = $68,500; costs = $51,700; addition to retained earnings = $4,500; dividends paid = $2,420; interest expense = $2,130; tax rate = 21 percent. Calculate the depreciation expense. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Answers

Answer:

$5,910.50

Explanation:

Net income = Dividends + Addition to retained earnings

Net income = $2,420 + $4,500

Net income = $6,920

Taxable income = Net income / (1 - Tax rate)

Taxable income = $6,920 / (1 - 0.21)

Taxable income = $6,920 / 0.79

Taxable income = 8759.4937

Taxable income = $8,759.50

EBIT = Taxable income + Interest

EBIT = $8,759.50 + $2,130

EBIT = $10,889.50

Depreciation = Sales - Costs - EBIT

Depreciation = $68,500 - $51,700 - $10,889.50

Depreciation = $5,910.50

So, the depreciation expense for Ted’s Dread Co is $5,910.50.

For Bonita Industries, the predetermined overhead rate is 70% of direct labor cost. During the month, $800000 of factory labor costs are incurred of which $210000 is indirect labor. Actual overhead incurred was $340000. The amount of overhead debited to Work in Process Inventory should be:

Answers

Answer:

$147,000

Explanation:

Calculation to determine what The amount of overhead debited to Work in Process Inventory should be:

Using this formula

Overhead debited to Work in Process Inventory=Factory labor costs*Predetermined overhead rate

Let plug in the formula

Overhead debited to Work in Process Inventory=$210,000*70%

Overhead debited to Work in Process Inventory=$147,000

Therefore The amount of overhead debited to Work in Process Inventory should be:$147,000

On October 4, 2018, Sheffield Corporation had credit sales transactions of $5400 from merchandise having cost $2800. The entries to record the day's credit transactions include a debit of $5400 to Inventory. credit of $2800 to Cost of Goods Sold. credit of $5400 to Sales Revenue. debit of $2800 to Inventory.

Answers

Answer:

Cost of goods sold = $5,400

Sales on credit = $2,800

Date          General Journal           Debit   Credit

Oct. 4        Accounts receivable $5,400

                        Sales revenue                    $5,400

                 (To record sales on credit)

Date General Journal            Debit      Credit

Oct 4       Cost of goods sold     $2,800

                      Inventory                              $2,800

                (To record cost of goods sold)

Which of the following describes intellectual property



concepts that are too abstract to be copyrighted or trademarked in any way

things that are created in the mind and not necessarily able to be seen or touched

inventions or discoveries that have significant educational or scientific value

any kind of work or creation that was developed at a college or university

Answers

Invention or discovery that have significant educational or scientific value such as literary and artistic work

All of the following statements are true about non-contributory defined benefit retirement plans EXCEPT: A contribution amounts vary based upon the age of the person covered under the plan B larger contributions are made for older plan participants nearing retirement than for younger ones C once benefit payments start, the amount of the benefit is fixed D contribution amounts remain fixed based regardless of age Review

Answers

Answer: D. contribution amounts remain fixed based regardless of age

Explanation:

The statements that are true about non-contributory defined benefit retirement plans include:

• contribution amounts vary based upon the age of the person covered under the plan.

• larger contributions are made for older plan participants nearing retirement than for younger ones.

• once benefit payments start, the amount of the benefit is fixed.

It should be noted that in a defined benefit retirement plan, there is variation in the contribution amounts which depends on the individual's age that's covered under the plan. Therefore, the statement that "contribution amounts remain fixed based regardless of age" is incorrect.

Long-term objectives are useful because they Multiple choice question. can be accurately measured, whereas short-term objectives are vague and difficult to quantify. prevent a company from becoming overly focused on the near term and losing sight of larger trends and opportunities. emphasize performance improvements in the current period. set specific expectations for employees on a day-to-day basis.

Answers

Answer:

Option B

Explanation:

Option B:

Prevent a company from becoming overly focused on the near term and losing sight of larger trends and opportunities.

3. If a focus group is convened in the second phase of a new product development project, what is information the group is MOST expected to discuss? what type of ads should be used for the product a N the pricing scheme for the product how the product should be made how much it costs to make the product.​

Answers

Answer: how much it costs to make the product.​

Explanation:

The first phase of new idea development would involve finding out how to produce the product because that is where the product is first come up with.

The second phase would see them screen the product and this would involve finding out how much it would cost so that they will know if it is best to move on with the product or drop it.

give short introduction about tourism industry​

Answers

Answer:

Tourism industry is the industry that manages all the resources related to the tourism like hotel management, guides and many more. Tourism industry is very beneficial for the developing countries like Nepal, India and many more. Through it there will be economic development in the country. And from the economical development the citizens of the country can get facilities.

Answer:

Explanation: Tourism is the activities of people traveling to and staying in places outside their usual environment for leisure, business or other purposes for not more than one consecutive year.1.Domestic Tourism -Domestic tourism is the act of travelling for business or leisure within one’s home country2.International tourism-International tourisminvolves tourist who are traveling to different countries.

Adding a chart to the header of a form will result in a(n)

unchanging chart.
changing chart.
chart with a legend.
chart without a legend.

Answers

Answer:

Chart without a legend.

Hope this helped.

anybody can help with this too ??

Answers

Answer:

1. The three types of business mentioned are – Manufacturing, Retail store and School

2. She means that whenever there  is loss both Ashley’s father and aunt get tensed.  

3. They sell their product on sale to increase the revenue

4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment

Explanation:

1. The three types of business mentioned are – Manufacturing, Retail store and School

2. She means that whenever there  is loss both Ashley’s father and aunt get tensed.  

3. They sell their product on sale to increase the revenue

4. Sale is better than having no sale at all as it caters the immediate financial requirement without ant further invetsment

A 65-year old individual has just retired after working for the same employer for 20 years. He will collect an annual pension benefit of $50,000, but is not yet ready to stop working. He has lined up a part-time job that will pay $3,000 this coming year. How much can he contribute to a Traditional Individual Retirement Account for his first year in retirement

Answers

Answer:

$3,000

Explanation:

Based on the information given we were told that he has a PART-TIME JOB THAT WILL PAY him the amount of $3,000 this coming year which means that the amount he can contribute to a TRADITIONAL INDIVIDUAL RETIREMENT ACCOUNT for his first year in retirement will be the EARNED INCOME of the amount of $3,000 which will therefore be his maximum INDIVIDUAL RETIREMENT ACCOUNT (IRA) contribution for this year.

Business strategy, as a level of the company's strategy-making process, is Multiple choice question. the strategic initiatives and approaches for managing key operating units and specific operating activities. focused on improving the competitive strength of a single business unit or nondiversified business. concerned with the actions related to particular functions or processes within a business. the overall companywide game plan for managing a set of businesses.

Answers

Answer:

concerned with the actions related to particular functions or processes within a business. the overall companywide game plan for managing a set of businesses.

Explanation:

Business strategy, as a level of the company's strategy-making process, is Multiple choice question. the strategic initiatives and approaches for managing key operating units and specific operating activities. focused on improving the competitive strength of a single business unit or non diversified business. co

Sheridan Company maintains a petty cash fund for small expenditures. These transactions occurred during the month of August. Aug. 1Established the petty cash fund by writing a check payable to the petty cash custodian for $225. 15Replenished the petty cash fund by writing a check for $220.30. On this date, the fund consisted of $4.70 in cash and these petty cash receipts: freight-out $96.00, entertainment expense $48.70, postage expense $41.70, and miscellaneous expense $32.50. 16Increased the amount of the petty cash fund to $325 by writing a check for $100.00. 31Replenished the petty cash fund by writing a check for $309.30. On this date, the fund consisted of $15.70 in cash and these petty cash receipts: postage expense $139.80, entertainment expense $96.40, and freight-out $71.80. (a) Journalize the petty cash transactions. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, e.g. 52.75.)

Answers

Answer:

01-Aug

Dr Petty Cash $225

Cr Cash $225

15-Aug

Dr Freight Out $96

Dr Postage Expense $41.70

Dr Entertainment Expense $48.70

Dr Miscellaneous Expenses $32.50

Dr Cash Over and Short $1.1

Cr Cash $220

16-Aug

Dr Petty Cash $225

Cr Cash $225

31-Aug

Dr Postage Expense $139.80

Dr Entertainment Expense $96.40

Dr Freight Out $71.80

Dr Cash Over and Short $1.3

Cr Cash $309.30

Explanation:

Preparation of the petty cash transactions.

01-Aug

Dr Petty Cash $225

Cr Cash $225

(To Record Establishment of fund )

15-Aug

Dr Freight Out $96

Dr Postage Expense $41.70

Dr Entertainment Expense $48.70

Dr Miscellaneous Expenses $32.50

Dr Cash Over and Short $1.1

($220-$96-$41.70-$48.70-$32.50)

Cr Cash $220

(To Record Expenses)

16-Aug

Dr Petty Cash $225

Cr Cash $225

(To increase cash in fund )

31-Aug

Dr Postage Expense $139.80

Dr Entertainment Expense $96.40

Dr Freight Out $71.80

Dr Cash Over and Short $1.3

Cr Cash $309.30

($309.30-$139.80-$96.40-$71.80)

(To Record Expenses)

Other Questions
Given g(x) =2x+4, solve for x when g (x) = -8 __________ is an example of rule of man.A.A king who follows the laws outlined in a constitutionB.A king making laws for his citizens to followC.All people following a set of written lawsD.A king and his citizens working together to make rules that all people in the country will follow Computing Present Values of Single Amounts and Annuities Refer to Tables 1 and 2 in Appendix A near the end of the book to compute the present value for each of the following amounts. Round answers to the nearest dollar. a. $130,000 received 10 years hence if the annual interest rate is: 1. 10% compounded annually. Answer 2. 10% compounded semiannually. Answer b. $3,000 received at the end of each year for the next eight years discounted at 8% compounded annually. $Answer c. $900 received at the end of each six months for the next 15 years if the interest rate is 10% per year compounded semiannually. $Answer d. $260,000 received 10 years hence discounted at 10% per year compounded annually. $Answer What is the chemical equation for F2 + At- --> Length of Day (how does it affect plants) Itll help if i can get the answer to this! thanks (SLOPES) I really need help!!! (multiple choice) Blank is the time rate of change in velocity The graph shows the number of servings in different amounts of frozen yogurt listed on a carton. Enter an equation that gives the number of servings y in x pints. Use only decimal form, if necessary. Frozen Yogurt 9 COR Servings 3 2 1 Pints 3 31 5 6 18 9 The equation is y = norby, an 18-year-old first-year university student, has missed almost all his classes during the past month. he spends most of his time in his bedroom and does not show or experience any interest or pleasure in any activity. he thinks his whole life has been a failure and blames himself for being a social misfit. norby is most likely suffering from: a city council consists of 7 democrats and 7 republicans. if a committee of 4 people is selected, find the probability of selecting 2 democrats and 2 republicans Giorgio had cost of goods sold of $9,505 million, ending inventory of $2,173 million, and average inventory of $2,049 million. Its inventory turnover equals: Evaluate the expression. What was the earliest energy source for humans?A. coalB. oilC. natural gasD. wood A compound sentence contains Find the circumference of a circle in terms of pi with a radius of 4ft. Boxers in the nineteenth century used their bare fists. In modern boxing, fighters wear padded gloves. How do gloves protect the brain of the boxer from injury? Which measure of central tendency would be most effected if 50 was added to the following data set? 10, 14, 15, 15, 18, 20select one A. Interquartile Range B. Mean C. Median What is the value of x?3o i va units3o 13 unitsO 2/3 unitsO 3/2 units Say what people are doing when the weather changed 1. on/couter de la musique dans le parc/quand il acommenc pleuvoir2. les enfants/porter une veste d'automne/quand il acommenc neiger3. Sandrine et moi/nager dans l'ocan/quand il acommenc pleuvoir14. je/faire une promenade/quand il a commenc fairemauvais5. Andr et toicrire des cartes postales la terrasse ducaf/quand il a commenc faire du vent6. M. et Mme Cader/tre la piscine/quand il acommenc pleuvoir7. tu/jouer aux jeux vido/quand il a commenc fairebeau8. toi et moi/faire du cheval la campagne/quand il acommenc pleuvoir