Business, 25.03.2020 18:02 mepuppy5000
On March 4, 2019, Orpheus Inc. purchased 2,100 shares of its own $10 par value common stock in the market for $32 per share. On August 19, 2019, the company sold 1,600 of these shares in the open market at a price of $36 per share. The entry to record the purchase of the treasury stock on March 4, 2019 is:.
A.
Dr. Treasury Stock 67,200
Cr. Retained Earnings 67,200
B.
Dr. Common Stock 21,0001
Cr. Cash 21,0001
C.
Dr. Treasury Stock 67,200
Cr. Cash 672001
D.
Dr. Common Stock 21,000
Dr. Treasury Stock 46,200
Cr. Cash 67,200
Answers: 2
Business, 21.06.2019 17:10
At the beginning of the accounting period, nutrition incorporated estimated that total fixed overhead cost would be $50,600 and that sales volume would be 10,000 units. at the end of the accounting period actual fixed overhead was $56,100 and actual sales volume was 11,000 units. nutrition uses a predetermined overhead rate and a cost plus pricing model to establish its sales price. based on this information the overhead spending variance is multiple choice $5,500 favorable. $440 favorable. $5,500 unfavorable. $440 unfavorable.
Answers: 3
Business, 21.06.2019 19:40
Which of the following is false regarding the links between jit and quality? a. jit increases the cost of obtaining good quality. b. as quality improves, fewer inventory buffers are needed; in turn, jit performs better. c. jit reduces the number of potential sources of error by shrinking queues and lead times. d. inventory hides bad quality; jit immediately exposes it. e. if consistent quality exists, jit allows firms to reduce all costs associated with inventory.
Answers: 3
Business, 22.06.2019 20:00
Harry is 25 years old with a 1.55 rating factor for his auto insurance. if his annual base premium is $1,012, what is his total premium? $1,568.60 $2,530 $1,582.55 $1,842.25
Answers: 1
Business, 22.06.2019 22:30
Luggage world buys briefcases with an invoice date of september 28. the terms of sale are 2/10 eom. what is the net date for this invoice
Answers: 1
On March 4, 2019, Orpheus Inc. purchased 2,100 shares of its own $10 par value common stock in the m...
Mathematics, 27.08.2021 20:40
Mathematics, 27.08.2021 20:40
History, 27.08.2021 20:40
Chemistry, 27.08.2021 20:40
Chemistry, 27.08.2021 20:40
Mathematics, 27.08.2021 20:40
Mathematics, 27.08.2021 20:40
Mathematics, 27.08.2021 20:40
Arts, 27.08.2021 20:40
Mathematics, 27.08.2021 20:40
Mathematics, 27.08.2021 20:40
Computers and Technology, 27.08.2021 20:40