Jws transport company’s employees earn vacation time at the rate of 1 hour per 40-hour work period. the vacation pay vests immediately (that is, an employee is entitled to the pay even if employment terminates). during 2018, total wages paid to employees equaled $404,000, including $4,000 for vacations actually taken in 2018 but not including vacations related to 2018 that will be taken in 2019. all vacations earned before 2018 were taken before january 1, 2018. no accrual entries have been made for the vacations. no overtime premium and no bonuses were paid during the period. required: prepare the appropriate adjusting entry for vacations earned but not taken in 2018.

Oceanside marine company manufactures special metallic materials and decorative fittings for luxury yachts that require highly skilled labor. oceanside uses standard costs to prepare its flexible budget. for the first quarter of the year, direct materials and direct labor standards for one of their popular products were as follows: direct materials: 2 pound per unit; $ 11 per pound direct labor: 2 hours per unit; $ 19 per hour oceanside produced 2 comma 000 units during the quarter. at the end of the quarter, an examination of the direct materials records showed that the company used 7 comma 500 pounds of direct materials and actual total materials costs were $ 98 comma 100. what is the direct materials cost variance? (round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)

Galwaysc electronics makes two products. model a requires component a and component c. model b requires component b and component c. new versions of both models are released each year with updated versions of all components. all components are sourced overseas, and abc contracts annually for a quantity of each component before seeing that year’s demand. components are only assembled into finished products once demand for each model is known. for the coming year, alwaysc’s purchasing manner has proposed ordering 500,000 units of component a, 630,000 of component b, and 1,000,000 units of component c. her boss has asked why she has recommended purchasing so much of components a and b when alwaysc will not have enough of component c to fully use all of the inventory of a and b. what factors might the purchasing manager cite to explain her recommended order? explain your reasoning.

Which of the following would be an accurate statement about achieving a balanced budget