Answer:
Total Cost of the Job $
Direct materials 480
Direct labour 150
Additional labour 100
Applied overhead 600
Total cost 1,330
The total amount to be transferred to finished goods inventory in November is $1,330.
Explanation:
The total cost of the job is the total of direct material, direct labour, additional labour and manufacturing overhead applied. The additional labour cost is considered because it is required to complete the job.
Answer: Option B
Explanation: In simple words, multiplier effect refers to the process under which a particular amount of expenditure results in the change in income greater than the amount of that expenditure made.
Usually this is used to depict the impact of the expenditures made by the government to boos the economy.
Hence from the above we can conclude that the correct option is B.
Answer:
Dr. Salaries Payable $2,000
Dr. Salaries Expense $2,250
Cr. Cash $4,250
Explanation:
At the end of fiscal year following entry was paased to record the accrued salary expense and create a payable account.
Dr. Salaries Expense $2,000
Cr. Salaries Payable $2,000
The remaining Expense of $2,250 ($4250-$2000) is related to current fiscal year so, it is recorded with the payament.
The answer would be c.) interest
When you buy a car or a house and you need money you can get a loan.