Prepare an income statement for Rex Manufacturing for the year ended December 31 using the following information. Hint: Not all information given is needed for the solution.

Answers

Answer 1

The  income statement for Rex Manufacturing for the year ended December 31 is: $22,000.

Income statement

Rex Manufacturing income statement

Sales Revenue $94,000                              

Cost of goods sold  $44,000

($20,000+$41,000-$17,000)

Gross margin  $50,000

($94,000-$44,000)

Operating Expenses :

General and Advertising Expenses $15,000

Selling Expenses $13,000

Total operating Expenses $28,000

Operating Income  $22,000

($50,000-$28,000)

Therefore the income statement for Rex Manufacturing for the year ended December 31 is: $22,000.

The complete question is:

Prepare an income statement for Rex manufacturing for the year ended December 31 using the following information

Finished goods inventory ending $17,000 general and administrative expenses 15,000 accounts receivable 19,000 finished goods inventory beginning 20,000 cost of goods manufactured 41,000 selling expenses 13,000 cash 56,000 land 29,000 sales 94,000 equipment 2000

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Related Questions

temperature and radiation variations over land with a clear sky typically lead to

Answers

Temperature and radiation variations over land with a clear sky typically lead to minimum temperature occurring after sunrise.

What is Temperature?

This is defined as the degree of hotness or coldness of a given body and its unit is Kelvin.

The temperature over land with a clear sky means there means it'snot cloudy and precipitation will unlikely occur thereby resulting in a sunny day with the minimum temperature being after sunrise.

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Which of the following is a fundamental category of business intelligence (BI) analysis

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The option that is a fundamental category of business intelligence (BI) analysis is known as Data Mining.

What is BI analysis?

This form of analysis is known to be made up of the gathering, cleaning, organizing, etc., of the business data and its fundamental categories are:

ReportingData miningBigData

Hence, The option that is a fundamental category of business intelligence (BI) analysis is known as Data Mining.

See options below

A) Data acquisition

B) data mining

C) push publishing

D) pull publishing

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Where can you pin frequently used apps for easy access

Answers

The task bar is the part of your laptop where you can pin the frequently used apps.

What is the taskbar?

This is the part of the system that is usually at the bottom of the laptop screen.

On the task bar, there are icons of apps that are there for a user to easily access whenever they need to. The task bar is usually found at the bottom of the windows computer.

But the computer also has several option that may require a person to change the location of the taskbar if they want. The apps that the individual works with often are pinned here. The goal is to avoid having to search the computer all the time whenever you need to work.

To get an image to the task bar, all you have to do would be to drag it from the computer screen to the bottom of the screen and leave it there.

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If the wage rate decreases from $17 to $13, by how much will the firm expand employment

Answers

If the wage rate is going to decrease from 17 to 13 dollars, the expanse in employment is going to rise by 4 workers.

How to solve for the increase in workers?

When the wage was 16 dollars the number workers was given as 6

When the wage was 17 the workers were 4

A decrease from 17 to 13 means that there would be an expansion by the total of two workers.

That would be from 6 workers - 4 workers.

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how long can you be in europe as a tourist

Answers

Explanation:

You are allowed to stay in Europe (more specifically Schengen Area with passport or visa) for 3 months in any 6-month time period.

Intratumoral delivery of an HPV vaccine elicits a broad anti-tumor immune response that translates into a potent anti-tumor effect in a preclinical murine HPV model

Answers

Cancer Immunol Immunotherapy; Intratumoral delivery of an HPV vaccine elicits a broad anti-tumor immune response that translates into a potent anti-tumor effect in a preclinical murine HPV model. This is further explained below.

What is Cancer Immunol Immunother?

Generally, Using a person's own immune system to combat cancer is called immunotherapy. In order for the immune system to locate and destroy cancer cells, immunotherapy may enhance or alter how the immune system functions.

In conclusion, the Intratumoral administration of an HPV vaccine induces a wide anti-tumor immune response that translates into a powerful anti-tumor impact in a preclinical mouse HPV model, according to research published in Cancer Immunol. Immunother.

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Which of these statements best describes the concept of procuring cause

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The statement that best describes the concept of procuring cause is option A: the Actions that demonstrate the unbroken efforts of an agent that are responsible for the buyer making a decision to complete the sale.

What Is Procuring Cause?

A procuring cause in terms of real estate transactions is known to be  the real estate agent or broker that  his or her actions brought about the sale of the property.

Note that based on their actions, that real estate professional is known to be compensated with a commission from the sale of the property and as such, the statement that best describes the concept of procuring cause is option A: the Actions that demonstrate the unbroken efforts of an agent that are responsible for the buyer making a decision to complete the sale.

See full question below

Which of the following best defines the term procuring cause?

A.) Actions that demonstrate the unbroken efforts of an agent that are responsible for the buyer making a decision to complete the sale

B.) Being involved at some point in the transaction

C.) Scheduling and conducting open house tours

D.) Establishing a marketing plan for the listing

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deer populations of the puget sound toefl answers

Answers

The true statement about white-tailed deer is that they no longer live in an area they were once found; option D.

What is true of the White-tailed deer of the Puget sound?

The passage describes two types of Deer found in the area called Puget Sound.

The passage indicates that the white-tailed deer together with the black-tailed deer were the once the two prevalent deer of the Puget Sound.

However, only the black-tailed deer are more common now as the white-tailed deer has been restricted to the low marshy areas and Islands of the Columbia river.

Although the reason for this decline was not given, but it can be inferred that environmental changes led to the decline of the white-tailed deer in the area of Puget sound.

When species of organisms are not able to fully adapt to changes in their environment, the population of that species of organism will reduce until they eventually are no more found in that environment.

In conclusion, white-tailed deer are no longer common in the Puget Sound.

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The primary function of a scuba regulator is to:

Answers

The primary function of a scuba regulator is to reduce high-pressure air in the scuba cylinder to surrounding pressure.

What is a Scuba?

This is a type of underwater diving where breathing equipment are used due to lack of air supply.

The scuba regulator makes breathing under water easier as a result of it reducing high-pressure air to ambient pressure.

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(Table: iPhones) This table shows data for a country producing only iPhones. Its real GDP in 2010 (in 2000 dollars) is:

Answers

The four components of GDP calculations are:

consumption, investment, government spending, exports, imports.

What is GDP?

This refers to the Gross Domestic Product of a country that shows the monetary measure of the market value of goods and products available in a country at a specific time.

Hence, we can see that your question is incomplete because you did not include the table so I gave you a general overview to help you get a better understanding of the concept.

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Which of the following do health psychologists identify as behaviors that may produce positive changes in an individual

Answers

The factors that would lead positive changes are:

Drinking in moderationEating rightHaving a healthy approach toward stressExercising

What are positive changes?

This is the change that is seen in a person that is regarded as a good change.

They are changes that may lead to a healthier lifestyle and a better way of living in the society.

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which of the following is true with respect to atmosphere supplying respirators

Answers

Atmosphere supplying respirators being used in area which have a high risk of containing dangerous or polluted air is true and preferably used by different categories of individuals.

What is Atmosphere-supplying respirators?

This is a device which is worn by individual and provided clean breathing air. This comprises of an air hose which is worn by the individuals and provides the clean source of air which is usually from an external source i.e from a tank etc.

It helps to filters particles and contaminants which makes the air independent of the work area or environment.This broad independence means there is no interaction of the air from the respirator with that air of the danger area thereby making it a very reliable source

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Part II: Use the formula from Part I to find the length of the segment with endpoints at (2, 7) and (8, -1). Show your work.(2 points)

Answers

The length of the segment with endpoints at (2, 7) and (8, -1) is 10.

How to calculate the segment?

It should be noted that in Mathematics, the segment simply means a part of a line that is bounded by two distinct end points and it also contains every point on the line.

An example of a line segment is a ray that is represented by a point at one end and an arrow at another end.

From the information, we are told to find the length of the segment with endpoints at (2, 7) and (8, -1).

The formula to use is (X2 - X1)² + (Y2 - Y1)²

This will be:

Let (2, 7) = (X1, X2) while (8, -1) = (X2, Y2).

= ✓(8 - 2)² + ✓(-1 - 7)²

= ✓6² + ✓(-8)²

= ✓(36 + 64)

= ✓100

= 10

In conclusion, the length is 10.

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. A Lean Six Sigma Team Increases Hand Hygiene Compliance and Reduces Hospital-Acquired MRSA Infections by 51%.

Answers

A Lean Six Sigma Team Increases Hand Hygiene Compliance and Reduces Hospital-Acquired MRSA Infections by 51%. This is true.

What is Lean Six Sigma?

It should be noted that lean six sigma is a method which relies on a collaborative team effort in oeder to improve performance by removing waste and reducing variation.

It should be noted that based on methicillin-resistant Staphylococcus aureus research, the team's results showed a 2.5 lives saved by reducing MRSA infections by 51%.

Therefore, Lean Six Sigma Team Increases Hand Hygiene Compliance and Reduces Hospital-Acquired MRSA Infections by 51%. This is true.

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Lines q and r are parallel. What is the value of x

Answers

Answer: X would be the value that both parallele lines share in common.

Metrics that express system availability governs business impact analysis. Considering the different metrics available, which of the following describes a recovery time objective (RTO)

Answers

Considering the different metrics available, a recovery time objective (RTO) is the period following a disaster that an individual IT system may remain offline.

What is recovery time objective?

The recovery time objective (RTO) is the maximum tolerable length of time that a computer, system, network or application can be down after a failure or disaster occurs.

Thus, considering the different metrics available, a recovery time objective (RTO) is the period following a disaster that an individual IT system may remain offline.

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A factory determines that the mass of a chocolate-dipped strawberry in grams, CCC, is related to the mass of an undipped strawberry in grams, SSS, as shown in the equation above. For a chocolate-dipped strawberry, what percent of its mass is chocolate

Answers

The percentage of the mass of chocolate for a strawberry dipped in chocolate equals to 20%

What is the mass of chocolate-dipped?

The mass of chocolate that is diped equals to:

= C - S

= 1.25S - S

= 0.25S

The percentage of the mass of chocolate for a strawberry dipped in chocolate equals to:

= 0.25C/C * 100%

= 0.25S/1.25S * 100%

= 20%

Therefore, the percent of its mass is chocolate is 20%.

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Worker productivity is one of the most important factors that help determine the performance of an economy.

Answers

Worker productivity is one of the most important factors that help determine the performance of an economy. per capita GDP best describes productivity. This is further explained below.

What is GDP?

Generally, Final products and services—i.e., those purchased by consumers—are included in GDP, which estimates the value of goods and services produced in a specific period of time.

In conclusion, One of the most critical determinants of an economy's health is the productivity of its workforce. per head of population, Productivity is best described by GDP.

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John has Power of Attorney to act on behalf of his mother. What does that mean when it comes to his mother enrolling in a Medicare Advantage Plan

Answers

Answer: It means that John may sign the Enrollment Application and must be able to provide documentation upon request by the Plan that indicates his authority under state law to enroll his mother.


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Many people like to hold some of their assets as it is the most liquid of all assets, and there is no risk of capital loss.quzilet

Answers

Many people like to hold some of their cash on hand is the most liquid asset of all assets and there is no risk of capital loss.

What is a liquid asset?

Refers to assets that can be exchanged for cash, simply and quickly, such as stocks and bonds. Cash on hand is considered the most liquid of all assets because it is accessible more quickly than other assets, through a withdrawal, for example. So, cash on hand has:

Market liquidityAccounting liquidity

The liquidity of an asset, then, is determined by the speed and high availability with which the asset can be converted into cash, without losing market value due to any oscillation or inherent risks in the financial market.

Therefore, cash on hand is the most liquid asset of all assets and is not subject to market fluctuations, being one of the most used asset options by people, due to the security and high availability with which it can be obtained.

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A store carries a wide variety of products such as clothes, furniture, and housewares, usually at higher prices than discount stores.

Answers

A store with a wide variety of products, usually at higher prices than discount stores is called a department store.

What are the advantages of a department store?

As this business configuration focuses on the sale of a variety of products that are easily marketed, the greatest advantages are the variety of products that generate consumer convenience, in addition to reduced advertising costs and economies of scale.

The disadvantages of a department store are related to the need for a high amount of capital to operate the business, in addition to promoting little personal contact with the end customer. But if organizational resources are well managed, this business structure can be very profitable.

Therefore, department stores are a trade whose focus is on the sale of varied products at a more competitive price and quality service, generating convenience and reliability for the consumer.

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Regardless of the size of the organization, the principles of organizing include:

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Regardless of the size of the organization, the principles of organizing include: Petroleum and coal-based products are currently the top exports of Texas. This is further explained below.

What is Petroleum?

Generally, Petroleum, commonly termed crude oil, is a fossil fuel. In the same way that coal and natural gas are generated from the remnants of ancient sea animals, such as plants, algae, and bacteria, petroleum was also formed in this way.

In conclusion, The following are some of the organizational principles that should be followed, regardless of the size of the organization: Products derived from petroleum and coal continue to lead Texas in terms of total export value.

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infinitivo conducir 1 of 12 2 of 12 yo 3 of 12 4 of 12 quise usted 5 of 12 6 of 12 7 of 12 nosotros 8 of 12 9 of 12 10 of 12 ellos 11 of 12 pudieron 12 of 12

Answers

This is the complete chart of the verbs given conjugated in the Spanish preterite tense:

Verbo infinitivo: conducir

yo: conduje

usted: condujo

nosotros: condujimos

ellos: condujeron

Verbo infinitivo: poder

yo: pude

usted: pudo

nosotros: pudimos

ellos: pudieron

Verbo infinitivo: querer

yo: quise

usted: quiso

nosotros: quisimos

ellos: quisieron

What is the Spanish preterite tense and how do you use it?

In this exercise, you have to complete the chart with the verbs given in the Spanish preterite tense. You have to conjugate the verbs using the following singular and plural persons: yo (I), usted (you), nosotros (we), ellos (they).

The verbs that you have to conjugate are:

Conducir (drive)Poder (can)Querer (want)

You have to use the Spanish preterite tense ("pretérito perfecto simple" in Spanish) when you want to talk about actions completed at some point in the past.

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The nurse is caring for a client in the early stages of sepsis. The client is not responding well to fluid resuscitation measures and has a worsening hemodynamic status. Which nursing intervention is most appropriate for the nurse to implement

Answers

For a client who has a worsening hemodynamic status and isn't responding well to fluid resuscitation measures is to: D. Administer norepinephrine as prescribed.

Who is a nurse?

A nurse can be defined as a professional who has been trained in a medical institution and licensed to perform the following tasks and activities in a hospital:

Promoting hygienic behaviors among clients or patients.Providing care for sick people (client).Providing care for an injured client or patient.Perform routine checks on some medical instruments.Providing an intervention to client issues.

In this scenario, we can infer and logically conclude that an intervention which this nurse should implement for a client who has a worsening hemodynamic status and isn't responding well to fluid resuscitation measures is administering norepinephrine as prescribed by a pharmacist.

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Complete Question:

The nurse is caring for a client in the early stages of sepsis. The client is not responding well to fluid resuscitation measures and has a worsening hemodynamic status. Which nursing intervention is most appropriate for the nurse to implement?

A. Begin a continuous IV infusion of insulin per protocol.

B. Initiate enteral feedings as prescribed.

C. Administer recombinant human activated protein C (rhAPC) as prescribed.

D. Administer norepinephrine as prescribed.

Mr. Goodman is unresponsive. Valerie must now simultaneously check for breathing and a pulse for no more than ___.

Answers

Since Goodman is unresponsive, Valerie shall check for breathing and a pulse simultaneously for no more than 10 seconds.

What is cardiac cycle?

Cardiac cycle is a process that involves the complete heartbeat of the human heart, which comprises sequential alternating contraction and relaxation of the atria and ventricles, so as to cause blood to only flow in one direction throughout the human body and aid respiration (breathing).

As a general rule, Valerie shall check for breathing and a pulse simultaneously for for at least 5 seconds, but shouldn't be more than 10 seconds.

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The 2010 Affordable Care Act requirements regarding restaurant menu labels include which of the following

Answers

The 2010 Affordable Care Act requirements regarding restaurant menu labels include: Restaurants with more than 20 locations must provide calorie labeling on their menus.

What Affordable Care Act?

Affordable care act was the act that was founded so as to provide medical insurance coverage that will help to cover the medical expenses of low income earners, adult and people that cannot afford medical care and to as well protect patients.

Hence, the affordable act stated that restaurants that has more than 20 locations must tend to provide calorie labeling on their menus.

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People whose rule breaking is viewed as understandable, incidental, or insignificant are known as which of the following

Answers

People whose rule breaking is viewed as understandable, incidental, or insignificant are known as A. primary deviant.

What is  Primary Deviance?

Primary Deviance serves as the  initial stage in defining deviant behavior.

Primary deviance can be seen has those that are engaging in the initial act of deviance in the society, even though everyone takes part in basic form violation.

CHECK THE COMPLETE QUESTION BELOW:

People whose rule breaking is viewed as understandable, incidental, or insignificant are known as which of the following

A. primary deviant

B.pure deviant

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35. This debris management plan element Identifies and prioritizes facilities that may be impacted by debris:

Answers

This debris management plan element Identifies and prioritizes facilities that may be impacted by debris collection and removal.

What is debris management plan?

Debris management plan is a plan strategize to help manage disaster debris or left over that can cause pollution.

It helps in the coordination of removal and collection.

Therefore, this debris management plan element Identifies and prioritizes facilities that may be impacted by debris collection and removal.

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This debris management plan element Identifies and prioritizes facilities that may be impacted by debris: A. Debris collection and removal B. Incident and assumptions C. Monitoring debris operations D. Force account or contract resources and procurement

In the practice of integrative therapy, a therapist might do which three of the following

Answers

In the practice of integrative therapy, a therapist might use a  cognitive behavioral approach, psychodynamic approach and Humanistic therapy.

Who is a therapist?

A therapist is an individual who is trained and certified to give treatment to different health conditions.

Integrative therapy uses many approach of therapy together to achieve a particular cure.

Therefore,

In the practice of integrative therapy, a therapist might use a  cognitive behavioral approach, psychodynamic approach and Humanistic therapy.

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2) Use the Kspa expressions for CuS and ZnS to calculate the pH where you might be able to precipitate as much Cu2 as possible while leaving the Zn2 in solution, and find what concentration of copper would be left. Assume the initial concentration of both ions is 0.075M.

Answers

The pH where you might be able to precipitate as much Cu2 as possible will be any value that is less than 5.85.

How to illustrate the information?

The solubility product of salt is defined as the product of molar concentrations of ions in a saturated solution of it.

An ion will be precipitated if the ionic product exceeds the solubility product of the cation. In the case of Cu and Zn, the solubility product is greater for Zinc than Copper.

Also Cu will be precipitated in an acidic medium while Zn is precipitated in an alkaline medium. We have for CuS, K= S2 so S = 2.4495*10-8. For ZnS, S = 0.1414. So the lower the pH higher will be the amount of CuS precipitated.

If we are starting with 0.075M CuS and ZnS solution it will have 0.075 moles each of Cu2+, Zn2+, and S2. Since the anion concentration can be equated to POH, POH for Cus and Zns are 14.096 and 5.85.

The maximum precipitation will take place is any value which is less than 5.85.

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