Bookmark question for later Overhead allocation based on volume alone: results in facility support costs not being allocated among the various products. is a key aspect of the ABC model. must be used for external financial reporting. will systematically overcost high-volume products and undercost low-volume products.

Answers

Answer 1

Answer:

will systematically overcost high-volume products and undercost low-volume products.

Explanation:

Manufacturing costs can be defined as the overall costs associated with the acquisition of resources such as materials and the cost of converting these raw materials into finished goods. Manufacturing costs include direct labor costs, direct materials cost and manufacturing overhead costs.

An overhead allocation that is typically based on volume alone, will systematically overcost the high-volume products that are also complex and undercost low-volume products that are simple in nature.


Related Questions

35. The three all-encompassing internal resource categories used in the resource-based view are physical resources, human resources, and ___________________

Answers

Answer:

Organizational resources.

Explanation:

A resource-based view can be defined as a managerial framework or model that is typically used by an organization to examine and determine the fundamental resources that it can use or exploit in order to achieve competitive advantage that is sustainable over a period of time.

The three (3) all-encompassing internal resource categories used by many businesses in the resource-based view are physical resources, human resources, and organizational resources.

Competitive advantage can be defined as conditions, factors or circumstances that allow a business firm (organization) to manufacture finished goods or services better and perhaps cheaper than other (rival) firms in the same industry. Thus, it's responsible for putting a business firm in a superior or more favorable position than rival firms.

This ultimately implies that, a competitive advantage has a significant impact on a business because it increases its level of sales, revenue generation and profit margin when compared to rival firms in the same industry.

During January, Dream House Builders, Inc. incurred $550 of actual indirect materials costs, as supported by materials requisitions.

Required:
Draw the journal entry.

Answers

Answer and Explanation:

The journal entry is given below:

Factory overhead Dr $550

      To Raw material inventory $550

(being the actual indirect material cost is recorded)

Here the factory overhead is debited as it increased the expense while the raw material inventory is credited as it decreased the assets

gThe following data are available for Martin Solutions, Inc. Year 2 Year 1 Sales $1,139,600 $1,192,320 Beginning inventory 80,000 64,000 Cost of goods sold 500,800 606,000 Ending inventory 72,000 80,000 Required: Assume a 365-day year. Determine for each year:

Answers

Answer and Explanation:

The computation is shown below;

For Year 1

Average inventory = (Beginning inventory + Ending inventory)÷ 2

= ($64,000 + $80,000) ÷ 2

= $72,000

Inventory turnover = Cost of goods sold  ÷ Average inventory

= $606,000 ÷ 72,000

= 8.4 times

Days in inventory = 365 ÷ Inventory turnover ratio

= 365 ÷ 8.4

= 43.5 days

For Year 2

Average inventory = (Beginning inventory + Ending inventory) ÷ 2

= ($80,000 + $72,000) ÷ 2

= $76,000

Inventory turnover = Cost of goods sold ÷ Average inventory

= $500,800 ÷ 76,000

= 6.6 times

Days in inventory = 365 ÷ Inventory turnover ratio

= 365 ÷ 6.6

= 55.3 days

In a 150 pax of guest dining in a restaurant, how will your facility be designed to accommodate that number of guests?​

Answers

Answer:

To build the facility having compartments over one another.

Explanation:

The facility will be designed in a three compartment that are present on one another so then it will accommodate more number of guests. The building of compartment over one another can enable us to accommodate three times  more people on the same piece of land so we can conclude that making the facility in the form of building over one another can accommodate more number of people.

Statement Of Owner's Equity Jay Pembroke started a business in April. Prepare a Statement of Owner's Equity using the following balances for April transactions. Cash $12,834 Accounts Receivable 1,809 Office Supplies 4,667 Prepaid Insurance 1,327 Accounts Payable 327 Jay Pembroke, Capital 18,155 Jay Pembroke, Drawing 145 Service Fees 3,113 Rent Expense 813 You will need to calculate the net income for April.

Answers

Answer and Explanation:

the computation of the net income for the april month is as follows;

= Service fees - rent expense

= $3,113 - $813

= $2,300

Now the preparation of the owner equity is as follows;

Jay Pembroke, Capital $18,155

Net income $2,300

Less; Jay Pembroke, Drawing $145

Jay Pembroke, Capital ending capital $20,310

We assume that the capital is given for the beginning of the month

Ace Technologies, Inc., wants to issue securities for sale to the public. With respect to this issue, the essential purpose of the Securities Act of 1933 is to

Answers

Answer:

require disclosure of all essential information concerning the issuance of securities.

Explanation:

The Securities Act of 1933 was considered the first federal legislation which is used to regulating the stock market. This act took the power away from the states and it gave the powers to the federal government. The Securities Act also created an uniform set of rules which is used to protect the investors against any kind of fraud. President Franklin D gave his assent to this act.

In the context, if Ace Technologies wants to issue securities to the general public for sale, Ace Technologies should disclose all the essential information about the issuance of the securities according to the Securities Act of 1933.

Quickbrush Paint Company is developing a linear program to determine the optimal quantities of ingredient A and ingredient B to blend together to make oil-base and water-base paint. The oil-base paint contains 90 percent A and 10 percent B, whereas the water-base paint contains 30 percent A and 70 percent B. Quickbrush currently has 10,000 gallons of ingredient A and 5,000 gallons of ingredient B in inventory and cannot obtain more at this time. Assuming that x represents the number of gallons of oil-base paint, and y represents the gallons of water-base paint, which constraint is correctly represents the constraint on ingredient A?
A. .9x + .3y ≤ 10,000
B. .9A + .1B ≤ 10,000
C. .9x + .1y ≤ 10,000
D. .3x + .7y ≤ 10,000

Answers

Answer:

A. 0.9x + 0.3y ≤ 10,000

Explanation:

Given

[tex]x \to[/tex] oil based plant

[tex]y \to[/tex] water based plant

The data can be represented in tabular form as:

[tex]\begin{array}{ccc}{} & {A} & {B} & {x} & {90\%} & {10\%} & {y} & {30\%} & {70\%} & {} & {10000} & {5000}\ \end{array}[/tex]

Considering only A, we have the following constraints:

[tex]A \to 90\% * x + 30\% * y[/tex]

[tex]A \to 0.9x + 0.3y[/tex]

Since the company currently has 10000 of A.

The above constraint implies that, the mixture cannot exceed 10000.

So, we have:

[tex]A \to 0.9x + 0.3y \le 10000[/tex]

Hence, (A) is correct

The following labor standards have been established for a particular product: Standard labor hours per unit of output 4.4 hours Standard labor rate $ 17.70 per hour The following data pertain to operations concerning the product for the last month: Actual hours worked 6,200 hours Actual total labor cost $ 110,360 Actual output 1,300 units Required: a. What is the labor rate variance for the month? b. What is the labor efficiency variance for the month?

Answers

Answer:

Results are below.

Explanation:

To calculate the direct labor rate variance, we need to use the following formula:

Direct labor rate variance= (Standard Rate - Actual Rate)*Actual Quantity

Direct labor rate variance= (17.7 - 17.8)*6,200

Direct labor rate variance= $620 unfavorable

Actual rate= 110,360/6,200= $17.8

Direct labor time (efficiency) variance= (Standard Quantity - Actual Quantity)*standard rate

Direct labor time (efficiency) variance= (1,300*4.4 - 6,200)*17.7

Direct labor time (efficiency) variance= $8,496 unfavorable

A cost-cutting project will decrease costs by $66,100 a year. The annual depreciation will be $15,750 and the tax rate is 35 percent. What is the operating cash flow for this project?

Answers

Answer:

$48,478

Explanation:

Calculation to determine What is the operating cash flow for this project

Operating cash flow = [$66,100 ×(1 -.35)] + [$15,750 ×.35]

Operating cash flow = [$66,100 ×.65)+5,513.

Operating cash flow = 42,965+5,513

Operating cash flow = $48,478

Therefore the operating cash flow for this project will be $48,478

When the economy is in short-run equilibrium, Group of answer choices there are increases in inventory. people want to buy more than will be produced. there are decreases in inventory. total expenditures equal total production.

Answers

Answer:

total expenditures equal total production.

Explanation:

In the case when the economy is in the short-run equilibrium that means the total expenditures should be equivalent to the total production. In other words, we can say that the expenditure that can be incurred should be equal to the production

Hence, the last option is correct

g When a court awards custody of a child to one parent and not the other, this is an example of: Group of answer choices all of the answers are correct monetary relief monetary damages equitable relief

Answers

Answer:

equitable relief

Explanation:

A court refers to an enclosed space such as a hall or chamber where legal practitioners (judges, lawyers or attorneys and a jury) converge to hold judicial proceedings.

A lawyer refers to an individual who has obtained a law degree and is saddled with the responsibility of giving legal advice, initiate and execute lawsuits for his or her clients. These legal practitioners are saddled with the legal responsibility of listening to evidence and give a verdict about legal cases.

An equitable relief also referred to as equitable remedy can be defined as judicial remedies granted to an aggrieved person by a court of equity, requiring that the other party act or refrain from indulging in a specific act because ordinary legal remedies couldn't provide the aggrieved party sufficient (adequate) restitution for an offense commited against him or her. Thus, an equitable relief (remedy) is an injunction granted by a court of equity requiring a party to a contract to either act (mandamus or specific performance) or refrain from indulging in a particular act.

In this context, when a court of competent jurisdiction awards or grants custody of a child to one parent rather than awarding it to the other, this is an example of equitable relief.

In conclusion, an equitable relief or remedy is typically a nonmonetary judgement granted by a court of equity when ordinary legal remedies fail to provide sufficient (adequate) restitution to an aggrieved party.

An export subsidy will ________ producer surplus, ________ consumer surplus, ________ government revenue, and ________ overall domestic national welfare.

Answers

Answer:

increase; decrease; decrease; decrease.

Explanation:

Trade can be defined as a process which typically involves the buying and selling of goods and services between a producer and the customers (consumers) at a specific period of time.

Basically, trade can be categorized into two (2) main groups and these are;

I. Import: this involves bringing in goods from a foreign country to sell in a different (domestic) country.

II. Export: it involves the sales of goods produced in a domestic country to a foreign country.

An export subsidy can be defined as any government policy that encourages the export of goods to other countries while discouraging the sales of goods in the domestic market through the use of tax reliefs, low cost loans, government foreign adverts, etc.

A surplus is the amount by which the quantity supplied of a good exceeds the quantity demanded of the good.

Producer surplus is the amount a buyer is willing to pay for a good minus the cost of producing the good.

Consumer surplus is the amount a buyer is willing to pay for a good minus the amount the buyer actually pays for it.

Hence, an export subsidy will increase producer surplus, decrease consumer surplus, decrease government revenue, and decrease overall domestic national welfare.

when goods are sold to a customer by entity and customer promise to pay amount at certain future time period that is know as

Answers

Answer:

Promissory agreement.

Explanation:

A promissory agreement can be defined as an evidence of a debt and as such involves the use of a legal financial tool such as a promissory note as a written promise to declare that a party (borrower) would pay another (lender) at a specific period of time.

Thus, when goods are sold to a customer by a business entity and the customer promises to pay an amount of money at a certain future time period it is known as a promissory agreement.

A promissory note can be defined as a signed document that contains a written promise by a customer to pay a specific amount of money to an individual or business firm, on demand or at a certain future time period, for the goods or services purchased.

You are an investment manager and one of your clients is a famous soccer player. She is promised to be paid $5million three years from now. What is the present value of this cash flow today

Answers

Answer:

$4,153,268.86

Explanation:

The below is missing from the question:

Your discount rate for real cash flows is 5% APR, compounded monthly and you are expecting inflation of 1.2% per year (APR, annual compounding).

We need to convert the real interest rate to an effective annual rate as shown thus:

EAR=(1+APR/n)^n-1

APR=5%

number of times interest is compounded annually=12

EAR=(1+5%/12)^12-1

EAR=5.12%

Nominal Discount rate = [(1+ Real Discount rate)*(1+Inflation Rate)] - 1

Nominal Discount rate =(1+5.12%)*(1+1.2%)-1

Nominal discount rate=6.38%

Present value=future value/(1+nominal discount rate)^3

future value=$5,000,0000

nominal discount rate=6.38%

n=3 years

PV=$5,000,000/(1+6.38%)^3

PV= $4,153,268.86  

Scenario 34-1. Take the following information as given for a small, imaginary economy: When income is $10,000, consumption spending is $6,500. When income is $11,000, consumption spending is $7,250. Refer to Scenario 34-1. The marginal propensity to consume (MPC) for this economy is

Answers

Answer:

0.75

Explanation:

Marginal Propensity to Consume (MPC) is the change in consumption due to change in income

Change in consumption = $7,250 - $6,500 = $750

Change in income = $11,000 - $10,000 = $1,000

MPC = Change in consumption / Change in income

MPC = 750 / 100

MPC = 0.75

________ is the process of coordinating all messages, media and activities used by an organization to communicate with the market across different communication methods

Answers

Answer:

integrated Marketing communication

Explanation:

This method is used by firms and companies to brand their communications and also in their coordination. It makes sure that all the various forms of communications are well linked together. This would create a unified communication channel for the consumer during their interactions with the enterprise. the aspects it integrates includes, advertising, public relations, social media and promotion of sales.

The amount of a cash dividend liability is recorded on the date of record because it is on that date that the persons or entities who will receive the dividend are identified.
A. True
B. False

Answers

Answer:

A. True

Explanation:

A financial statement is a written report that quantitatively describes a firm's financial health. Under the financial statements is a cash-flow statement, which is used to record the cash inflow and cash equivalents leaving a business firm.

Cash flow statement, also known as the statement of cash flows, contains financial information about operating, financial and investing activities.

Basically, financial statements are formally written records of the business and financial activities of a business entity or organization.

There are four (4) main types of financial statements and these are;

1. Cash flow statement: it contains financial information about operating, financial and investing activities.

2. Statement of changes in equity: it contains financial information about profits or loss, dividends, etc.

3. Income statement: it contains financial information about the income and expenses of an organization.

An income statement comprises of the financial information about the income and expenses of an organization over a specific period of time.

4. Balance sheet: it contains financial information about assets, liability, and equity.

Furthermore, the amount of a cash dividend liability is expected to be recorded on the particular date of record because it is this date that identify the persons or entities who receives the dividend.

Olsen Company uses a standard cost system for its production process. Olsen Company applies overhead based on direct labor hours. The following information is available for July: Standard: Direct labor hours per unit 2.20 Variable overhead per hour $2.50 Fixed overhead per hour (based on 11,990 DLHs) $3.00 Actual: Units produced 4,400 Direct labor hours 8,800 Variable overhead $29,950 Fixed overhead $42,300 Refer to Olsen Company Using the three-variance approach, what is the efficiency variance

Answers

Answer:

1800

Explanation:

The nominal interest rate is 6%. Expected inflation is 2%. Actual inflation is 1%. Calculate the ex-ante and ex-post real interest rates. Who benefits from lower actual inflation

Answers

Answer:

1. Ex-ante real interest rate is:

= 4%

2. Ex-post real interest rate is:

= 5%

3. The LENDER benefits from lower actual inflation.  By this, the Ex-ante real interest rate is lower than the Ex-post real interest rate at which the borrower will repay the loan.

Explanation:

a) Data and Calculations:

Nominal interest = 6%

Expected inflation = 2%

Actual inflation = 1%

Ex-ante real interest rate = 4% (6% - 2%)

Ex-post real interest rate = 5% (6% - 1%)

b) The implication is that inflation is lower than expected, and this benefits the lender at the expense of the borrower.  The opposite is applicable when the inflation is higher than expected, and the result benefits the borrower at the expense of the lender.

Anthony Walker plans to invest $28,400 a year at the end of each year for the next seven years in an investment that will pay him a rate of return of 9.8 percent. How much money will Anthony have at the end of seven years

Answers

Answer:

267,785.95

Explanation:

28400 X (1.098)^7 = 267,785.95

Suppose that there is no third-party payer in the medical care market in Uganda in 1955. Suppose that in 1960, health insurance companies begin operations in Uganda. All else being equal, what does supply and demand analysis predict will happen in the medical care market in 1960

Answers

Answer: b. Total expenditures will increase

Explanation:

Medical insurance reduces the amount that people have to pay to get health related services. Ugandans from the year 1960 can be expected to pay less for medical services as a result.

If people are able to pay less for a good or service, the normal thing that they would do would be to demand more of that good and service because it is more affordable. Total expenditure in the medical field will increase as a result.

Wang Systems operates in a state that has a corporate tax rate of 8% and is deductible from the income taxed by the federal government. If the incremental federal tax is 34%, then the combined effective tax rate is 36.9%
a) true
b) false

Answers

The correct answer is B falls

If a contingent liability is reasonably estimable and it is reasonably possible that the contingency will occur, the contingent liability Group of answer choices should be recorded in the accounts. should be disclosed in the notes accompanying the financial statements. should not be recorded or disclosed in the notes until the contingency actually happens. must be paid for the amount estimated.

Answers

Answer:

Should be disclosed in the notes accompanying the financial statements

Explanation:

You have to report contingent liabilities that are reasonably possible to occur, but since they haven’t occurred, you don’t record or pay them until they actually occur. You report them in the notes only.

Sunland Company is about to issue $262,700 of 6-year bonds paying an 9% interest rate, with interest payable semiannually. The discount rate for such securities is 8%.

Required:
In this case, how much can Sunland expect to receive from the sale of these bonds?

Answers

Answer:

Amount from sale of bonds  $275,028

Explanation:

The computation is shown below;

Particulars      Amount        PV factor       Present value of cash flows

Interest            $11,821.50   9.38507        $1,10,946

            ($262,700 × 0.09 × 6 ÷ 12)

Principal          $262,700   0.6246         $164,082

Amount from sale of bonds                    $275,028

In (Noon) Company, direct materials are added at the beginning of the production process. Conversion costs are incurred evenly throughout the production process. Before inspection, some units are spoiled due to undetectable materials defects. Inspection occurs when units are 60% converted. Spoiled units generally constitute 6% of the good units. Data for December 2019 are as follows: WIP, beginning inventory 12/1/2019 Direct materials 22,500 units (100% complete) Conversion costs (55% complete) Started during December 76,700 units Completed and transferred out 12/31/2019 72,500 units WIP, ending inventory 12/31/2019 18,400 units Direct materials (100% complete) Conversion costs (65% complete) What is the number of normal spoilage units?​

Answers

Answer:

Following are the responses to the given question:

Explanation:

Statement In December the computation of typical spoiling units shall be shown:

Particulars                                   Units

WIP Inventory Start on 12 January 2019      22,500

Departments began in December             76,700

Total stock available for both the month     99,200

Less: transferred units on 31 December 2019       72,500

Inventory of Less: WIP on 31 December 2019        18,400

Inventory of Balance (Normal Spoilage units)        8,300

Which one of the following was not a contributing cause of the decline in investment and thus the recessionary expenditure gap occurring during the US recession of 2001?
A. Pessimism relating to the stock market crash

B. The collapse of numerous Internet-related start-up firms

C. Low-interest rates

D. Overcapacity in major industries

Answers

Answer:

Hence the correct option is Option C. Low interest rates.

Explanation:  

Low interest rates:-

Because the real GDP is lower than the potential GDP at the full employment level (Overcapacity). Internet based start ups and stock market are collapsing (The dot com bubble).

In general, accelerating cash inflows and decelerating cash outflows would maximize the time value of money.

a. True
b. False

Answers

Answer:

a. True

Explanation:

In the case of the accelarating the cash flows, it permits the business to pay off the bills, and the other liabilities on time so that the company is eligible for taking some trade discount when the payment is made within the specified period as mentioned by suppliers

On the other hand, if the cash flows are decelerating that means the payment is not made within time so ultimately it give rise to the time value of money

Therefore the given statement is true

The Sneed Corporation issues 10,000 shares of $50 par preferred stock for cash at $75 per share. The entry to record the transaction will consist of a debit to Cash for $750,000 and a credit or credits to a.Paid-In Capital from Preferred Stock for $750,000 b.Preferred Stock for $500,000 and Retained Earnings for $250,000 c.Preferred Stock for $500,000 and Paid-In Capital in Excess of Par—Preferred Stock for $250,000 d.Preferred Stock for $750,000

Answers

Answer:

b) Preferred Stock for $500,000.00 and Paid-In Capital in Excess of Par-Preferred Stock for $250,000.00

Explanation:

Based on the information given The Appropriate journal entry to record the transaction will consist of a debit to Cash for $750,000 and a credit or credits to PREFERRED STOCK FOR $500,000.00 and PAID-IN CAPITAL IN EXCESS OF PAR-PREFERRED STOCK FOR $250,000.00

Dr Cash $750,000

(10,000 shares *$75)

Cr Preferred Stock for $500,000.00

(10,000 shares *$50)

Cr Paid-In Capital in Excess of Par-Preferred Stock for $250,000.00

($750,000-$500,000]

It's clear that the lives of many creative artists are being transformed by digital technology. But competing schools of thought cite the very same technology in support of strikingly different conclusions.

One group, for example, says the ability to widely distribute the best performers' products at low cost portends a world where even small differences in talent command huge differences in reward. That view is known as the "winner take all" theory.

In contrast, the "long tail" theory holds that the information revolution is letting sellers prosper even when their offerings appeal to only a small fraction of the market. This view foresees a golden age in which small-scale creative talent flourishes as never before.

Long-tail proponents often portray best-selling entertainment as lowest-common-denominator compromises whose only real advantage is lower cost made possible by large-scale distribution and sales. If technology makes scale less important, they argue, people will turn to the more idiosyncratic offerings that they really prefer. In principle, at least, this creates exciting new possibilities for small-scale sellers.

In practice, however, winner-take-all effects still appear to dominate. Long-tail proponents predict that the least-popular offerings should be capturing market share from the most popular. But as Anita Elberse, a professor at the Harvard Business School, recounts in her 2013 book "Blockbusters", the entertainment industry's experience has been the reverse. Digital song titles selling more than one million copies, for example, accounted for 15 percent of sales in 2011, up from 7 percent in 2007. The publishing and film industries experienced similar trends.

What's happening? One possibility is that today's tighter schedules have made people more reluctant to sift through the growing avalanche of options confronting them. Still, the growing market share of top sellers doesn't invalidate the promise of small-scale creative energy. Using big data, producers can now take aim at highly idiosyncratic buyers, and online searches help many such buyers find just the quirky offerings they're seeking.
Your 3-5 sentence summary:

Answers

Answer and Explanation:

Artists' lives have been changed by digital technology. This has created different schools of thought such as the "winner take all" theory, which claims that delivering high quality products at low cost will create a world where small differences in talent demand large differences in reward, and the "long tail"  theory, who claims that digital technology is creating a small portion of sellers that the market will adapt to, promoting low-cost products. These two theories are effective in different realities. However, the existence of both proves the change that programming and technology has been showing in entertainment and in the market.

According to the passage, there are two main schools of thought.

The first is the Winner take all school of thought which is of the opinion that digital technology which provides the opportunity to widely distribute the best performers' product at low cost where little differences in talent could translate to huge rewards in the market.

The second is the long tail  school of thought which posits that sellers are large beneficiaries even when they control a little market share.

Anita Elberses' 2013 book "Blockbuster" reveals that a reverse trend was observed in the entertainment industry which could also be said about the publishing and film industries.

It is worthy to note that although there is an exponential growth in available options, buyers can use online search to streamline the product they wish to buy.

Learn more about Digital Technology at https://brainly.com/question/617704

The following data were accumulated for use in reconciling the bank account of Creative Design Co. for August 20Y6:
1. Cash balance according to the company’s records at August 31, $24,270.2. Cash balance according to the bank statement at August 31, $32,278.3. Checks outstanding, $14,668.4. Deposit in transit, not recorded by bank, $7,170.5. A check for $58 in payment of an account was erroneously recorded in the check register as $580.6. Bank debit memo for service charges, $12.A. Prepare a bank reconciliation, using the format shown in
B. If the balance sheet were prepared for Creative Design Co. on August 31 what amount should be reported for cash?
C. Must a bank reconciliation always balance (reconcile)
A) NoB) Yes.
Amount DescriptionsAdjusted balanceBank service chargeBank error in charging check as $58 instead of $580Bank error in charging check as $580 instead of $58Deposit in transit, not recorded by bankError in recording check as $58 instead of $580Error in recording check as $580 instead of $58Outstanding checksTotal adjustments

Answers

Answer:

Creative Design Co.

A. Bank Reconciliation Statement as of August 31:

Balance as per bank statement       $32,278

Deposit in transit,                                 $7,170

Checks outstanding,                        ($14,668)

Balance as per adjusted cash bal.   $24,780

B. The amount that should be reported for cash is $32,278.

C. B) Yes. A bank reconciliation must always balance (reconcile), otherwise, the purpose of the reconciliation is defeated.

Explanation:

a) Data and Calculations:

1. Cash balance according to the company’s records at August 31, $24,270.

2. Cash balance according to the bank statement at August 31, $32,278

3. Checks outstanding, $14,668

4. Deposit in transit, not recorded by bank, $7,170

5. A check for $58 in payment of an account was erroneously recorded in the check register as $580.

6. Bank debit memo for service charges, $12

Cash Book Adjustment:

August 31 balance           $24,270

add overstatement of check 522

less bank charges                    12

Adjusted balance           $24,780

Other Questions
The Gettysburg Address is one of the most famous speeches in American history. How might its fameaffect Lincoln's reputation? ab + 4 + a + 4bpls help if u can. Which statement best completes the diagram?Americans have largerfamilies.The number ofenslaved Africansincreases.The U.S. populationchanges during theearly 19th century.A. A majority of Americans adopt Catholicism.B. Fewer Americans support nativism.C. European states rapidly industrialize.D. Immigrants buy land in the new territories. Which of the following is least likely to be an advantage of scientific models?They can precisely replicate any scientific theory or law.They can be used to help scientists formulate and improve hypotheses.They can be used to visually represent objects that are very small or very large.They can be used to simplify complex concepts so that they are better understood. An action-theoretical model of media entertainment includes User Prerequisites, Motives, and Media Prerequisites.A. TrueB. False Me pueden ayudar con la respuesta? Es urgente! Brian pays 465.98 a year on his car insurance.The insurance company reduces the price by 3.6%.How much does the insurance cost now?Give your answer rounded to 2 DP. 7. A sample of methane gas (CH.) with a mass of 58 g is kept in a 1500 mL container at a temperature of 100. C. What is the pressure of the gas? you and your four friends go to the water park. it is $10 each for tickets, and y dollars for lunch. a. use the distributive property to write and simplify an expression for the total the group pays.b. how much does the group pay when the lunches cost $4? what did black codes do to former slaves? The estimated total,costs,y, of a child's toy is practally based on the number of batteries used x.The cost of one battery is 0.75. The toy itself cost 12$.Which equation represents the situation There are two methods to determine the Golden Rule capital level, looking at steady-state: Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices consumption per worker or comparing the marginal product of capital to the saving rate. consumption or comparing the marginal product of capital to the depreciation rate. output per worker or comparing the marginal product of capital to the saving rate. output per worker or comparing the marginal product of capital to the depreciation rate. The measures of two exterior angles of a decagon are 97 and 89. What is the sum of the remaining exterior angles? Which of the following was an effect of the Civil War in the Indian Territory?A.economic devastation caused by lootingB.increased tribal cooperationC.mass migration into the regionD.thousands of white settlers being forced to live in refugee camps In which choice do all three points lie on the same straight line?A (0, 1), (1, 3), (1, 3)B (4, 2), (2, 1), (4, 2)C (0, 0), (8, 0), (0, 8)D (1, 2), (2, 4), (4, 8) Solve for XPLEASEEEEE HELPPPP The dimensions of Mr. Tais living room are 10 feet by 18 feet by 8 feet and the dimensions of his family room are 14 feet x by 20 feet by 8 feet. What is the total volume, in cubic feet, of the two rooms? in the diagram BC = 9. find AB and AC. Read the poem and answer the questions. There are so many things to do to-dayIn city, field and street,And people are going everywhere,With quickly hurrying feet.Some are ploughing and sowing the seed.And some are reaping the grain:And some, who worked the whole night through,Are coming home again.Over the hills the shepherd goes,While in the busy townPeople and carts and motor carsAre running up and down.And everywhere they come and goIn sun and rain and sleet,That we may have warm clothes to wear,And food enough to eat. Mary Osborn1). Where are the people going?..2). What are the people who worked throughout the night doing? ..3). What happens in a busy town?.4). What one should have when seasons come and go? 5). Find Synonyms for the following i. harvesting - . ii. snow - . if loga (n) = 16, find loga (sqrtt n)