Randall Company manufactures products to customer specifications. A job costing system is used to accumulate production costs. Factory overhead cost was applied at 125% of direct labor cost. Selected data concerning the past year's operation of the company are presented below. January 1December 31 Direct materials$87,000$50,000 Work in process 76,000 52,000 Finished goods 125,000 110,000 Other information Direct materials purchases $334,000 Cost of goods available for sale 970,000 Actual factory overhead costs 270,000 The cost of goods sold (before adjustment for under or overapplied overhead) is:

Answer:

$860,000

Explanation:

Calculation for what the cost of goods sold (before adjustment for under or overapplied overhead) is:

Using this formula

Cost of goods sold (before adjustment for under or overapplied overhead)=Cost of goods available for sale - Ending finished goods inventory

Let plug in the formula

Cost of goods sold (before adjustment for under or overapplied overhead)= $970,000 - $110,000

Cost of goods sold (before adjustment for under or overapplied overhead)= $860,000

Therefore the cost of goods sold (before adjustment for under or overapplied overhead) is:$860,000

Riverboat Adventures pays $500,000 plus $13,000 in closing costs to buy out a competitor. The real estate consists of land appraised at $78,000, a building appraised at $218,400, and paddleboats appraised at $223,600. Compute the cost that should be allocated to the building.

The following information is available for Wonderway, Inc., for 2015:

Factory rent $28,700
Company advertising 19,900
Wages paid to laborers 83,600
Depreciation for president's vehicle 8,050
Indirect production labor 1,990
Utilities for factory 31,400
Production supervisor's salary 31,600
President's salary 61,300
Direct materials used 35,600
Sales commissions 7,640
Factory insurance 13,600
Depreciation on factory equipment 28,000

Required:
a. Calculate the direct labor cost for Wonderway.
b. Calculate the manufacturing overhead cost for Wonderway.
c. Calculate the prime cost for Wonderway.
d. Calculate the conversion cost for Wonderway.
e. Calculate the total manufacturing cost for Wonderway.
f. Calculate the period expenses for Wonderway.

A company has determined that its Recovery Time Objective (RTO) for a critical system is three minutes. In order to ensure the continuous availability of its critical systems, the company should consider:

Why is it so important that managers, and people in general, should act ethically and temper their pursuit of self-interest by considering the effects of their actions on others

A cola company with processing plants and distributors on every continent is known as which of the following?

global food retailer
worldwide food distributer
international food trader
multinational food manufacturer

Which of the following inventory costing methods results in the lowest value of ending inventory during a period of rising inventory costs?

a. First - in, first - out
b. specific identification
c. weighted - average
d. last-in, first-out

I wanna know about debit and credit full explanation ​

Assume you found the following stock quote for DRK Enterprises, Inc., at your favorite Web site. You also found that the stock paid an annual dividend of $.89, which resulted in a dividend yield of 1.6 percent. Assume the company has 92 million shares of stock outstanding and a P/E ratio of 21.

Company Symbol Vol Close Chg %Chg %Chg
DRK Enterprises DRK 18,649,130 ?? .26 .45% 8.73%
What was net income for the most recent four quarters?

what is political geography​

Derek can deposit $279.00 per month for the next 10 years into an account at Bank A. The first deposit will be made next month. Bank A pays 14.00% and compounds interest monthly. Derek can deposit $2,447.00 per year for the next 10 years into an account at Bank B. The first deposit will be made next year. Bank B compounds interest annually. What rate must Bank B pay for Derek to have the same amount in both accounts after 10 years?

A company is currently selling 10,000 units of product monthly for $40 per unit. The unit contribution margin is $27. The company believes that spending $50,000 per month on advertising will allow them to increase the selling price to $45 and that sales will increase by 750 units per month. The company should ______.

After a financial crisis hits the country of Barbaria, 8 million people become unemployed. If 35 million individuals are lucky enough to keep their jobs, what is the unemployment rate

Can someone please help me. I’ll report if your guessing

Mr. Frohardt donated $40,000 toward future scholarships. The scholarships are to be paid according to the following schedule:
• end of year 1: $1,000,
• end of year 2: $1,500,
• end of year 3: $2,000,
• and so on...
with the amount increasing $500 each year until the scholarship reaches $5,000. The annual scholarship will remain at $5,000 until the fund is depleted. If the account balance is less than $5,000 at the end of any year (i.e., after the awarding of the $5,000 for that year), that remaining amount immediately will be awarded as a smaller scholarship, and the account will be closed. The scholarship fund earns interest at an effective annual rate of 8%. Determine how many full $5,000 scholarships will be awarded.

The most recent financial statements for Bello Co. are shown here: Income Statement Balance Sheet Sales $ 18,900 Current assets $ 11,700 Debt $ 15,700 Costs 12,800 Fixed assets 26,500 Equity 22,500 Taxable income $ 6,100 Total $ 38,200 Total $ 38,200 Taxes (21%) 1,281 Net income $ 4,819 Assets and costs are proportional to sales. Debt and equity are not. The company maintains a constant 30 percent dividend payout ratio. What is the internal growth rate? (Do not round intermediate calculations and enter your answer as a percent rounded 2 decimal places, e.g., 32.16.)

A band wants to know what their most popular CD is so that they can have more copies made to sell. Which statistical measurement is the band most likely to use?
mean
mode
median
average

Taxable income of a corporation
a. differs from accounting income due to differences in intraperiod allocation between the
two methods of income determination.
b. differs from accounting income due to differences in interperiod allocation and
permanent differences between the two methods of income determination.
c. is based on generally accepted accounting principles.
d. is reported on the corporation's income statement.

nicholas omgnicholas omgnicholas omgnicholas omg

When an Egyptian firm purchases a cement mixer from Slovakia,
a)Egyptian investment does not change, Egyptian net exports decrease, Egyptian GDP decreases, Slovakian net exports increase, and Slovakian GDP increases.
b)Egyptian investment increases, Egyptian net exports decrease, Egyptian GDP is unaffected, Slovakian net exports increase, and Slovakian GDP increases.
c)Egyptian investment decreases, Egyptian net exports increase, Egyptian GDP is unaffected, Slovakian net exports decrease, and Slovakian GDP decreases.
d)Egyptian investment increases, Egyptian net exports do not change, Egyptian GDP increases, Slovakian net exports do not change, and Slovakian GDP is unaffected.

What is an alternative plan?
A) Deadline
B) Plan
C) Inventory
D) Contingency Plan

Lavender Manufacturing Company began business in the current year. The company uses the simplified method to allocate mixed services costs to production. The company's costs and expenses for the year were as follows.

Direct labor $3,000,000
Direct materials 4,000,000
Factory supervision 800,000
Property tax on factory 100,000
Personnel department 400,000
Computer operations 250,000
General administration 550,000
Marketing 800,000
State income tax 200,000
Total $10,100,000

Required:
a. Determine Lavender's total production costs for the year.
b. Assume that the hourly pay for direct labor is much lower than the hourly pay for employees in the general administration and that the employee turnover is much higher for production employees than for the general administration employees. How should these facts affect the company's decision to use the simplified mixed services method to allocate mixed services costs to production?

at the beginning of the month there were no units in beginning work in process and 115,000 units were begun during the month. At the end of the month there were 40,000 units that were 30% complete as to conversion costs in ending work in process. If all materials are included when the production begins, the equivalent units for conversion costs is:

What are the primary reasons food producers can increase profits by participating in a local direct market?

They get higher prices and keep all the retail sales.
The local government gives them tax breaks.
The local community supports their efforts with donations.
They save on transportation and travel costs.

Match Everything together pls help I will mark brainliest pls 100 points
1.___ Executive Summary a. Description of Major Marketing Activities
2.___ Executive Summary b. Schedule of marketing activities
3.___ Executive Summary c. Description of resources needed
4.___ Executive Summary d. Major Products and Services
5.___ Executive Summary e. Short and long term financial needs
6.___ Customer Analysis f. Long and Short Term Goals
7.___ Customer Analysis g. Promotional Poster
8.___ Customer Analysis h. Human Resources Plan - hiring and training
9.___ Operations Plan i. The Business Idea
10.___ Operations Plan j. Start-up Costs
11.___ Operations Plan k. Sources of Financing
12.___ Operations Plan l. Sales Forecasts
13.___ Fiscal Plans m. Budgets and Financial Statements
14.___ Fiscal Plans n. Location, Numbers, and Resources of Customers
15.___ Fiscal Plans o. Ownership Structure/Form
16.___ Fiscal Plans p. Strength and Weaknesses
17.___ Marketing Plan q. Organization of the company with a chart
18.___ Marketing Plan r. Description of major operations
19.___ Marketing Plan s. Analysis of resources needed
20.___ Marketing Plan t. Description of Customers

Question + answers in photo, please help!

During 2020, Inez (a single taxpayer) had the following transactions involving capital assets: Gain on the sale of unimproved land (held as an investment for 3 years) $6,000 Loss on the sale of a camper (purchased 2 years ago and used for family vacations) (5,000) Gain on the sale of ADM stock (purchased 9 months ago as an investment) 2,450 Gain on the sale of a fishing boat and trailer (acquired 18 months ago at an auction and used for recreational purposes) 1,000 Overall, Inez has a long-term capital gain of $ 6,000 and a short-term capital gain of $ 2,450 .

Required:
a. If Inez has taxable income (including the property transactions) of $188,450, what is the income tax regarding these transactions? Her marginal tax rate is 32%.
b. If Inez has taxable income (including the property transactions) of $32,250, what is the income tax regarding these transactions? Her marginal tax rate is 12%.

What is the ability to adapt to changes?
A Master Plan
B Inventory
C Flexibility
D Timeline

Donny, of Donny's Doughnuts, bakes and sells 100 dozen doughnuts a day using one mixer and one fryer. His rival, Sunshine, of Sunshine's Doughnuts, produces 180 dozen doughnuts a day using two mixers and two fryers. Both shops use the exact same technology to make doughnuts and have the same number of workers and the same size building. Donny and Sunshine both increase their capital equipment by one mixer and one fryer
Which shop will benefit the most from its expansion?
A. The shops will benefit equally because they are using the same quantity of equipment.
B. Donny, because his workers currently have less available capital to work with
C. The local weight-loss clinic, because the number of doughnuts consumed will increase
D. Sunshine, because her operation was producing more doughnuts to start with
How much should Donny realistically expect his production to increase with the new equipment?
A. about 80 dozen
B. about 50 dozen
C. at least 100 dozen
How much should Sunshine realistically expect her production to increase with the new equipment?
A. about 50 dozen
B. at least 80 dozen
C. at least 100 dozen

A remotely located air sampling station can be powered by solar cells or by running an above ground electric line to the site and using conventional power. Solar cells will cost $18,000 to install and will have a useful life of 5 years with no salvage value. Annual costs for inspection, cleaning, and other maintenance issues are expected to be $2,400. A new power line will cost $27,500 to install, with power costs expected to be $1,000 per year. Since the air sampling project will end in 5 years, the salvage value of the line is considered to be zero. At an interest rate of 10% per year,

a. Which alternative should be selected on the basis of an annual worth analysis
b. What must be the first cost of the above ground line to make the two alternatives equally attractive economically?

The following is a December 31, 2021, post-closing trial balance for the Jackson Corporation.

Account Title Debits Credits
Cash $40,000
Accounts receivable 34,000
Inventory 75,000
Prepaid rent (for the next 8 months) 16,000
Investment in equity securities (short term) 10,000
Machinery 145,000
Accumulated depreciation $11,000
Patent (net) 83,000
Accounts payable 8,000
Salaries payable 4,000
Income taxes payable 32,000
Bonds payable (due in 10 years) 200,000
Common stock 100,000
Retained earnings 48,000
Totals $403,000 $403,000

Required:
Prepare a classified balance sheet for Jackson Corporation at December 31, 2021, by properly classifying each of the accounts. (Amounts to be deducted should be indicated by a minus sign.)