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NO EXPLANATION NECESSARY, just the final answer for 4 MC questions, it would help me tremendously! (thumbs up) 171 Claymore Corp. has the following information
NO EXPLANATION NECESSARY, just the final answer for 4 MC questions, it would help me tremendously! (thumbs up)
171 Claymore Corp. has the following information about its standards and production activity for September. The volume variance is: $48,850 Actual total factory overhead incurred Standard factory overhead: Variable overhead $ 6.50 per unit produced Fixed overhead ($13,200/6,600 estimated units to be produced) Actual units produced $ 2.00 per unit 5,100 units Multiple Choice O $2,500U. O $3,000F O $2,500F O $3,000u. O $5,500U 172 Use the following information about the current year's operations of a company to calculate the cash paid for merchandise. Cost of goods sold Merchandise inventory, January 1 Merchandise inventory, December 31 Accounts payable, January 1 Accounts payable, December 31 $236,000 64,800 66,400 63,400 69,800 Multiple Choice O $244,000 O $240,800. O $236,000. O $228,000. O $231,200 173 Use the following information and the indirect method to calculate the net cash provided or used by operating activities: Net income Depreciation expense Gain on sale of land Increase in merchandise inventory Increase in accounts payable $85,700 12,400 7,900 2,450 6,550 Multiple Choice 0 $94,300 0 $13,100 0 $37:00 0 $29.200. 0 S14,100 174 A company purchased $84,000 of 6% bonds on May 1 at par value. The bonds pay interest on March 1 and September 1. The amount of interest accrued on December 31 (the company's year-end) would be: $2,520. $1,680. S4,200. $840. S2100Step by Step Solution
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