« previous next »

Author Question: Information about cash disbursements can be obtained from check stubs and carbon copies of checks. ... (Read 121 times)

codyclark

  • Hero Member
  • *****
  • Posts: 538
on: Jul 5, 2018
Information about cash disbursements can be obtained from check stubs and carbon copies of checks.
 a. True
   b. False
   Indicate whether the statement is true or false

Question 2

On the 2016 budgeted income statement, what amount will be reported for sales?
 
  Kason, Inc., expects to sell 20,000 pool cues for 12.00 each. Direct materials costs are 2.00, direct manufacturing labor is 4.00, and manufacturing overhead is 0.80 per pool cue. The following inventory levels apply to 2016:
   Beginning inventory Ending inventory
   Direct materials 24,000 units 24,000 units
   Work-in-process inventory 0 units 0 units
   Finished goods inventory 2,000 units 2,500 units
 
  A) 246,000
  B) 240,000
  C) 312,000
  D) 318,000


abro1885

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jul 5, 2018
Answer to Question 1

True

Answer to Question 2

Answer: B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

Oxytocin is recommended only for pregnancies that have a medical reason for inducing labor (such as eclampsia) and is not recommended for elective procedures or for making the birthing process more convenient.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

The first dark spot observed on Uranus. Image obtained by the HST ACS in 2006. The first dark spot observed on Uranus. Image obtained by the HST ACS in 2006.
Genetic Information Genetic Information
Like all animals, primates must balance their calories expended searching for food with calories, pr Like all animals, primates must balance their calories expended searching for food with calories, pr
MSDS labels provide an abridged version of substance hazards information and must be permanently ... MSDS labels provide an abridged version of substance hazards information and must be permanently ...
Functional Groups of Carbon Functional Groups of Carbon
Separation of Powers and Checks and Balances Separation of Powers and Checks and Balances
Video: Appendicitis Animation

For a complete list of videos, visit our video library