Techuxia Corporation worked on four jobs during October- Job A256- Job (1).docx

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Techuxia Corporation worked on four jobs during October: Job A256, Job A257, Job A258, and Job A260. At the end of October, the job cost sheets for these jobs contained the following data: Jobs A256 and A258 were completed during October. The other two jobs had not yet been completed at the end of October. There was no finished goods inventory on October 1. In October, overhead was underapplied by $1,350. The company adjusts its cost of goods sold every month for the amount of the underapplied or overapplied overhead. Required: Using the indirect method, what is the cost of goods sold for October? Solution cost of goods sold for october JOB A256 Cost of goods sold= beginning balance +direct material+ direct labour+ manufacturiing overhead = 970 + (2750+1110+ 4415+ 337.5)*144/215= $ 6738.37 JOB A258 cost of goods sold= beginning balance+ direct material + direct labour+ manufacturing overhead = 0 + (1490 + 530 + 1643)*55/111 = $ 1815 .

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ACC 201 Accounting Data Appendix The following events occurred in March: · March 1: Owner borrowed $125,000 to fund/start the business. The loan term is 5 years. · March 1: Owner paid $250 to the county for a business license. · March 2: Owner signed lease on office space; paying first (March 20XX) and last month’s rent of $950 per month. · March 5: Owner contributed office furniture valued at $2,750 and cash in the amount of $15,000 to the business. · March 6: Owner performed service for client in the amount of $650. Customer paid in cash. · March 8: Owner purchased advertising services on account in the amount of $500. · March 10: Owner provided services to client on account, in the amount of $1,725. · March 15: Owner paid business insurance in the amount of $750. · March 20: The owner received first utility bill in the amount of $135, due in April. · March 20: Office copier required maintenance; owner paid $95.00 for copier servicing. · March 22: Owner withdrew $500 cash for personal use. · March 25: Owner paid $215 for office supplies. · March 25: Owner provided service to client in the amount of $350. Client paid at time of service. · March 30: Owner paid balance due for advertising expense purchase on March 8. · March 30: Received payment from customer for March 10 invoice in the amount of $1,725. · March 31: Last day of pay period; owner owes part-time worker $275 for the March 16 through March 31 pay period. This will be paid on April 5. · March 31: Provided service for client on account in the amount of $3,500. · March 31: Record depreciation of the office furniture at $45.83. image1.png Chart of AccountsThis chart of accounts should help you identify the appropriate accounts to record to as you are analyzing and journaling transactions for this workbook. There is nothing to complete on this page; this is simply a resource for you.Asset AccountsLiability AccountsEquity AccountsAcct #Acct #Acct #Cash101Notes Payable201Owner's Capital301Accounts Receivable102Accounts Payable202Owner Draws302Prepaid Rent103Wages Payable203Office Furniture104Office Supplies105Accumulated Depreciation (contra asset)106Revenue AccountsAcct #Service Revenue401Expense AccountsAcct #Rent expense501Business License Expense502Insurance Expense503Repairs and Maintenance504Advertising Expense506Wages Expense507Utilities Expense508Depreciation Expense509CashBaking SuppliesPrepaid RentPrepaid InsuranceBaking EquipmentOffice SuppliesAccounts ReceivableAccumulated DepreciationMerchandise InventoryNotes PayableAccounts PayableWages PayableInterest Payable Common StockDividendsBakery SalesMerchandise SalesBaking Supplies ExpenseRent ExpenseInsurance Exp.

ACC 201 Accounting Data Appendix The following events.docx

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MenuACCT 212: Course Project 1RequirementRequirement DescriptionWorksheetPart A1Prepare the Journal Entries in the General JournalJournal Entries2Post Journal Entries to the General LedgerGeneral Ledger3Prepare a Trial BalanceTrial BalancePart B4Prepare the Adjusting EntriesAdjusting Entries5Post Adjusting Entries to the General LedgerGeneral Ledger6Prepare an Adjusted Trial BalanceAdjusted TB7Prepare the Financial StatementsFinancial Statements8Prepare the Closing EntriesClosing Entries9Post Closing Entries to the General LedgerGeneral Ledger10Prepare the Post Closing Trial BalancePost Closing TB Click on the worksheet link to complete the corresponding Requirement or the Project Instructions button below for an overview. Project Instructions/xl/drawings/drawing1.xml#'Project%20Instructions'!A1 Project InstructionsCourse Project #1 OverviewCourse Project #1 consists of two parts, A and B, respectively. There are 10 Requirements for you to complete in this exercise, Part A has 1-3 and Part B has 4-10. Part A is due at the end of Week 3. Part B is due at the end of Week 5. See Syllabus/”Due Dates for Assignments & Exams” for due date information. All of the information you need to complete Course Project #1 is located in this Workbook. • There are 8 worksheets in the workbook you will need to complete for Parts A & B. • A list of October transactions • A Chart of Accounts reference sheet • A Grading Rubric to help explain what is expected. • Each worksheet has the Check Figures embedded as a comment. ScenarioYou’ve just secured a new client in your accounting practice, the Rawls Repair Corporation, (RRC) a brand new small business specializing in bicycle repair. The owner, Rob Rawls, is a terrific cyclist and bike repair specialist, but definitely not an accountant. Your job is to help Rob put his affairs in order. Luckily Rob has only been in operation for a month and things have not gotten too out of hand yet! Rob has to submit his financial statements to his investors and doesn’t know where to begin. It’s your job to go through the complete Accounting cycle to prepare the financial statements for the RRC.RequirementsGuidelines For Part A:• Complete Requirements 1-3 on the Journal Entries, General Ledger, and Trial Balance worksheets.• Type your work directly into the worksheets.• Save your workbook as “CourseProject1A_ ACCT212_YourLastName”.• Submit the workbook to the DropBox under “Course Project 1-Part A” by the end of Week 3.For Part B:• Using feedback from your instructor and Part A, complete Requirements 4-10.• Type your work directly into the worksheets.• Save your workbook as “CourseProject1B_ACCT212_YourLastName”.• Submit the workbook to the DropBox under “Course Project 1-Part B” by the end of Week 5. Before You Begin:  Review the Week 2 Lecture prior to starting work on this project.  Print the Chart of Accounts and October Transactions worksheets for you ...

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Argosy b6021-module-1-assignment-3-calculating-inventory-new

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Winfrey Co.'s March 31 inventory of raw materials is $140,000. Raw materials purchases in April are $470,000, and factory payroll cost in April is $253,000. Overhead costs incurred in April are: indirect materials, $24,000; indirect labor, $15,000; factory rent, $19,000; factory utilities, $11,000; and factory equipment depreciation, $68,100. The predetermined overhead rate is 55% of direct labor cost. Job 306 is sold for $360,000 cash in April. Costs of the three jobs worked on in April follow. Job 306 Job 307 Job 308 Balances on March 31 Direct materials $ 14,000 $ 21,000 Direct labor 14,000 6,000 Applied overhead 7,700 3,300 Costs during April Direct materials 95,000 170,000 $ 65,000 Direct labor 28,000 70,000 140,000 Applied overhead ? ? ? Status on April 30 Finished (sold) Finished (unsold) In process references 1. value: 10.00 points Required: 1. Determine the total of each production cost incurred for April (direct labor, direct materials, and applied overhead), and the total cost assigned to each job (including the balances from March 31). (Leave no cells blank - be certain to enter "0" wherever required. Omit the "$" sign in your response. ) 306 307 308 April Total Beginning goods in process (From March) $ a. Materials purchases (on credit), factory payroll (paid in cash), and actual overhead costs including indirect materials and indirect labor. (Factory rent and utilities are paid in cash.) b. Assignment of direct materials, direct labor, and applied overhead costs to the Goods in Process Inventory. c. Transfer of Jobs 306 and 307 to the Finished Goods Inventory. d. Cost of goods sold for Job 306. e. Revenue from the sale of Job 306. f. Assignment of any underapplied or overapplied overhead to the Cost of Goods Sold account. (The amount is not material.) 2. Prepare journal entries for the month of April to record the above transactions. (Omit the "$" sign in your response.) General Journal Debit Credit a. To record materials purchases. 3. Prepare a manufacturing statement for April (use a single line presentation for direct materials and show the details of overhead cost.) (Amounts to be deducted should be indicated with a minus sign. Omit the "$" sign in your response.) WINFREY COMPANY Manufacturing Statement For Month Ended April 30 $ $ 4.1 Compute gross profit for April. (Omit the "$" sign in your response.) Gross profit $ a. Direct materials costs to Goods in Process Inventory. b. Direct labor costs to Goods in Process Inventory. c. Overhead costs to Goods in Process Inventory. d. Indirect materials costs to the Factory Overhead account. e. Indirect labor costs to the Factory Overhead account. Required: 1. Prepare journal entries to assign the above costs. (Omit the "$" sign in your response.) Date General Journal Debit Credit a. 2.1 Determi.

Winfrey Co.s March 31 inventory of raw materials is $140,000. Raw.docx

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ACC 201 Accounting Data Appendix The following events.docx

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Ted considers himself a skillful hacker. He has devised a way to replace the existing startup programs between the moment that the system boots yet before the system actually executes these programs. He believes that if he can perfect his attack, he can gain control of the system. What type of attack is described here? A. Synchronous attack B. TOC/TOU attack C. DCOM attack D. Smurf attack Solution The correct answer is B . TOC/TOU attack ---------------------------------------------------------------------------------- Explanation : This kind of attac is called \"Time of Check/Time of Use (TOCTOU)\" attack. For suppose process X checked that a certain file exists and has certain attributes before opening the file and do some necessary operations on the file. By the time X opens it, the file could have been replaced with another file that was not the same as before that was checked by the process X. If the time gap between TOC and TOU is long can cause TOCTOU type of access to gain access control over the system resoruces and malfunction the system properties. .

Ted considers himself a skillful hacker- He has devised a way to repla.docx

william842

Technical testing metrics fall into two major categories. What are they? With Detailed explanation. Solution The two major categoreis are Project Management and Process Imrovement Project Management: In initiating of the project an idea of the project is formulated from the requirement specification of the client and customers In the planning phase a project team is created the required resources are gathered, a project office is setup and the further procedding of the project is started In the next phase the idea of the project is converted into the actual implementation, this basically involves the technical aspects of the project like designing , implementation and testing Next comes the monitoring and control, all the rsisks associaed with the project are analysed and proper solutions are also formulated The last phase of closure of the project is executed when the final acceptance of the project is verified by teh client. Process Improvement It is the proactive task to identify, analyse and improve the existing processes of the business. It help to increase the optimization and to meet the new requirement by the client, different approaches for the improvement are considered. Processes are either modified or complemented with sub-process. It is an outgoing process and should always be followed up with the analysis of tangible areas of improvement. The process maturity curve goes as 1. Ad Hoc 2. Repetable 3. Controlled 4. Managed 5. Optimized Understanding how end-to-end processes work, the inter-relationships between them and how they contribute value to producing products or delivering services is fundamental to process improvement and operational effectiveness. .

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Taylor and Jordan are married and file a joint tax return claiming their two children, ages 110 and 9 as dependents. Their AGI for 2015 is 90,000. Taylor and Jordan\'s child tax credit for 2015 is: Solution Solution. D. 2,000 Amount - With the Child Tax Credit, you may be able to reduce your federal income tax by up to $1,000 for each qualifying child under the age of 17. Qualification - A qualifying child for this credit is someone who meets the qualifying criteria of six tests: age, relationship, support, dependent, citizenship, and residence. Age Test - To qualify, a child must have been under age 17 â€“ age 16 or younger â€“ at the end of 2010. Relationship Test - To claim a child for purposes of the Child Tax Credit, they must either be your son, daughter, stepchild, foster child, brother, sister, stepbrother, stepsister or a descendant of any of these individuals, which includes your grandchild, niece or nephew. An adopted child is always treated as your own child. An adopted child includes a child lawfully placed with you for legal adoption. .

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Terri Keyâ€™s son Taylor was diagnosed with Touretteâ€™s syndrome, obsessive- compulsive disorder, and ADH disorder. Terri was dissatisfied with Taylorâ€™s experience in public school and enrolled him at St. Michaelâ€™s Catholic School. He was forced to withdraw after a year and a half because of persistent behavior problems and trouble Terri allegedly caused with other parents. She sued the school, alleging that the school represented it would work with Taylor to address his specific educational needs, including that his teacher had 27 yearsâ€™ experience working in the schools and â€œcould handle things.â€ Was this agree- ment specific enough to be enforceable? Explain. Solution The court stated that appellant did not allege facts arising out of a contractual obligation for which appellees would be obligated to appellant or her son; that appellant failed to state incidences of specific conduct so outrageous in nature as to go beyond all possible bounds of decency and to be regarded as intolerable in a civil society; that appellant failed to establish the existence of a fiduciary duty; that she failed to establish a standard of care owed or breached by appellees; and that she failed to state facts demonstrating any intentional failure on the part of any appellee to perform a manifest duty in reckless disregard of the consequence. .

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The accrual basis of accounting requires revenue to be recorded when the service is performed. True or False Solution True Explanation: Accrual Basis: Under the accrual basis accounting, revenues and expenses are recognized as follows: Revenue recognition: Revenue is recognized when both of the following conditions are met: a. Revenue is earned. b. Revenue is realized or realizable. - Revenue is earned when products are delivered or services are provided. - Realized means cash is received. - Realizable means it is reasonable to expect that cash will be received in the future. Expense recognition: Expense is recognized in the period in which related revenue is recognized (Matching Principle). Cash Basis Accounting: Under cash basis accounting, revenues and expenses are recognized as follows: Revenue recognition: Revenue is recognized when cash is received. Expense recognition: Expense is recognized when cash is paid. .

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william842

The Access Point bridge needs its own DHCP server since it is on a different subnet. *True *False Solution It is true. The uncertainty arises due to the way that we\'re regularly looking at re-configuring routers as repeaters, and not utilising standalone, dedicated devices. Routers don\'t allow the task of their own local IP address utilising DHCP. To have the router reference itself doesn\'t make much point as the fact it\'s deciding the IP network, gateway IP, DNS server(s), and providing the DHCP server. In other words, the switch isn\'t typically a client to anything on the local system or network. Rather, it takes care of business for others by building up its own local IP address (e.g., 192.168.1.1), and by extension, the system or network that suggests (e.g., 192.168.1.x). So now you choose to transform that router into a repeater. In any case, again, it was never intended to allocate itself a local IP address through DHCP (as I portrayed previously). Furthermore, in the event that you can\'t utilise DHCP to appoint the local IP address, then you absolutely don\'t need the static IP you do you do assign to conflict with any IP address that may be given out by the primary router\'s DHCP server to some other device. .

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Solution 1. Current RatioCurrent Assets/ Current Liabilities Current Assets= Cash+Short Term Investments+Accounts Receivable+Inventories=Â Â Â Â Â 310+260+310+320=1200 Current Liabilities=510 Current Ratio=1200/510= 2.35 2. Acid Test RatioÂ Â =Liquid Assets/Current Liabilities Liquid Asset= Cash+Short Term Investments+Accounts Receivable=310+260+310=880 Acid Test RatioÂ Â = 880/510 = 1.72 3. Debt to Equity Rati= Total Liabilities/Total equity Total Liabilities= current+long term liabilities= 510+460=970 Total Equity= paid up capital+retained earnings=1300+1030=2330 Debt Equity Ratio=970/2330=.42 4. Times Interest Earned Ratio=EBIT/Interest Expense EBIT=Net Income+Interest+Tax=270+100+100=470 =470/100=4.7 .

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william842

The <meta charset=“utf-8”> element specifies what scheme the web page uses for \"mapping\" characters to binary codes. Where must this element be placed in the web page file? options: In the <BODY> element. In the <DOCTYPE> element. In the <HEAD> element. In the <header> element. Solution Ans: C) In the <HEAD> element. <meta> tags always go inside the <head> element. Metadata is always passed as name/value pairs. The content attribute MUST be defined if the name or the http-equiv attribute is defined. If none of these are defined, the content attribute CANNOT be defined. .

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william842

Sustainability is an important ethical and environmental issue in purchasing. Describe one material, product, or service that can contribute to sustainability in a project you have been involved with, or in your current organization. Describe how these decisions enable the organization to avoid violations in terms of environmental issues Solution Sustainable Business Practices Introduction: The Role of Business Economic structures and policies create the context for throughput, but it is individual business operations that are responsible for the actual throughput activities in the production of goods and services. The specific technologies they use have a significant impact on the amount and types of materials that go through the production cycle of extraction, manufacture, use and waste. In the past, the impact of various technologies on the environment was not a significant issue for business planning and operation. The effects of burning coals were too obvious to ignore in the late 19th and early 20th centuries, but even British royalty could not exert enough authority to reduce the pollution created. Concerns for the environmental impact of business activities arouse in earnest in the latter part of the 20th century with the evidence of chemical pollution, a variety of environmentally significant industrial accidents, opposition of indigenous peoples to logging and mining operations, and the discovery of human impacts on global systems such as the atmospheric ozone layer and climate (see Areas of Concern). The accumulating evidence of serious environmental and human health effects triggered citizen protests, and led governments to begin exerting influence on businesses to clean up their act. Environmental concerns arose for individual nations (eg. with the US establishing the Environmental Protection Agency in 1969) and within the United Nations (eg. UNESCO .

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william842

Thank you. Let Phi: R rightarrow S be a surjective homomorphism from the ring R to the ring S. Prove that if T is a subring of R, then the set W= {b S such that b = Phi(c) for some c T} is a subring of S. [Be specific of how and where you use that T is a subring of R.] Solution for this we only have to prove that there exist identity if b is in W then tere is a element -b in W such that b - b = 0 so if phi(c) = b then phi(-c) = -b where c and -c are in T since T is a subring since phi is homeomorphism. now if b and c are in W then there are d and f in T such that phi ( d) =b and phi (f) = c then phi (df) = phi(d) phi(f) = bc in W so W is a ring and since it is subset of S so it is subring of S .

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william842

class is intro to computers - studying environmental studies and law eventually to become environmental lawyer. ? I need help with is - what areas of computing will be most beneficial for me to understand in realtionship to my career and if i work from home how will understanding computer hardware and software help me when communicating in groups and other countries? Solution The Internet also alters our perception of duration. Sometimes, when working on an obstinately analog process such as the actual fabrication of an object, the internalized shadow of fleeting Internet time in our consciousness makes us perceive how the inevitable delays inherent in the fashioning of things (in all their messy \'thingness\') ground us into appreciating the rhythms of the real world. In this way, the Internet\'s pervasive co-presence with real world processes, ends up reminding us of the fact that our experience of duration is now a layered thing. We now have more than one clock, running in more than one direction, at more than one speeds. .

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Common Stock Dividends Distributable is reported in the balance sheet: as an addition to retained earnings. in paid-in capital as an addition to common stock issued. as an asset. as a liability Solution Common stock divodend distributable after its declaration become a liability to the company therefore it is shown in liability. The amount is not a earning retained by company for its future use therefore it can not be shown as retained earning nor its a part of common stock .

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william842

column on the pericol tabie iOus Ciou f States that the properties of elements repeat in a recurring pattern when ordered by increasing, atomic number 2 The ions of six metals are investigated in x metals are investigated in this experiment. Name the six. Calaium ion Lithiu lon Skont Iom On 3 When performing a flame test, which element i s often present as an impurity? How can the presence of this impurity be distinguished from its presence as a primary component of a solu he ions of three halogens are investigated in this experiment. Name the three halogens. ne on ne ion Solution Sodium is often present as an impurity. In most of the flame test for other elements sodium impurities would give a yellow colour to the flame. However presence of Sodium as a main component of the solution and as an impurity can be easily determined by observing the intensity of the flame. The presence of Sodium in bulk amount in a mixture will give an intense bright Yellow colour to the flame. But Sodium impurities only gives a dull yellow colour. Use of a Cobalt glass can filter the yellow colour produced by sodium impurity from the flame test. .

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Cloud Computing Theory and Practice chapter 2 problem 7 Tuple-spaces can be thought of as an implementation of a distributed shared- memory. Tuple-spaces have been developed for many programming languages including Java, Lisp, Python, Prolog, Smalltalk, and Tcl. Explain briefly how tuple spaces work. How secure and scalable are the tuple spaces you are familiar with, e.g., JavaSpaces? Solution Definition : A tuple space is an execution of the associative memory model for distributed/parallel computing. It offers a library of tuples, which can be accessed simultaneously. Tuples are terms with zero or more arguments and a key. Explanation: The collection of tuples supports some basic operations, such as adding a tuple to the space (write) and removing a tuple from the space (take). The tuple collection is kept and managed over a network of multiple tuple space servers. A tuple space is, as its name suggests, a place where processes can put, read, and take tuples, which are in turn just sequences of values is a tuple made up of a string, an integer, and a floating-point number; a tuple space can contain zero or more copies of that tuple, or of tuples containing other types of values, simple or complex. A process puts something in tuple space with put(value, value, ...). It can take something out with take(...), or copy something (leaving the original in tuple space) with copy(...). The arguments to take(...) and copy(...) are either actual values, or variables with specific types; values match themselves, while types match things of that type. .

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Clint is Marilyn\'s supervisor. Marilyn is a dedicated part-time employee who is known for taking on responsibility. Clint joked with his colleague that he could trick Marilyn into completing a project for him so that he could take a long weekend. Clint told Marilyn that only she had the skills and conscientiousness to complete the project properly and on target and, further, that it would be a big favor to him if she would accept the challenge. Marilyn agreed to do the project. However, when she could not reach Clint over the weekend to obtain some additional explanation that was critical to completing the project, she left it incomplete. Clint placed full responsibility for the failure squarely on Marilyn, who now feels that her stellar record has a big blemish. Marilyn is lamenting all this, and after giving up her entire weekend with no extra pay, to boot. Solution (1) Clint broke the rule of regulations which was addition of extra explanation which was going beyond the topic. (2) Marlyn broke the rules of regulation which was failur to complete the project on time. (3) The common mistakes made by both Clint and Marlyn is that lack of skills utilisation over the work allocated. (4) Marlyn could recover from the mistakes commited from her by making correct decision using complete common sense and correct precsion in time. .

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Cleary, Wasser, and Nolan formed a partnership on January 1, 2010, with investments of $100,000, $150,000, and $200,000, respectively. For division of income, they agreed to (1) interest of 10% of the beginning capital balance each year, (2) annual compensation of $10,000 to Wasser, and (3) sharing the remainder of the income or loss in a ratio of 20% for Cleary, and 40% each for Wasser and Nolan. Net income was $150,000 in 2010 and $180,000 in 2011. Each partner withdrew $1,000 for personal use every month during 2010 and 2011. 1.What was Wasser\'s total share of net income for 2010? (answer should be $63,000) 2. What was Nolan\'s capital balance at the end of 2010?(answer should be $246,000) 3.What was wasser\'s total share of net income for 2011? (answer should be $75,000) please show your work- thank you Solution Year 2011 .

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Classify each of the compounds as Soluble (s) or Not Soluble (ns) : Solution I am considering solubility in water. Barium carbonate is a white powder. It is insoluble in water and soluble in most acids. Not Soluble (ns) in water. Potassium Acetate is hygroscopic and soluble in water, alcohol, methanol, and ammonia. Soluble (s) in water. Sodium sulfide is a colorless hygroscopic solid. It is a water soluble salts. Soluble (s) in water. .

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william842

Choose the statement below that is TRUE. Choose the statement below that is TRUE. Solution The formation of solution is depends on the interactions between solute and solvent. If these interactions are greater than or equal to solute solute or solvent solvent interactions then solution is formed. Hence correct option is, A solution will form between two substances if the solute-solvent interactions are of comparable strength to the solute-solite and solvent-solvent interactions. .

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