If the owner of a company withdrew 200 during a period the closing entry for the owner withdrew account would show a

Old School Publishing Inc. began printing operations on January 1. Jobs 301 and 302 were completed during the month, and all cos

Juli2301 [7.4K]

Answer:

WIP inventory 68,000 debit

Factory Overhead 8000 debit

Raw Materials Inventory 76,000 credit

WIP inventory 55.000 debit

Factory Overhead 12,400 debit

Factory Payroll payable 77,400 credit

WIP inventory 31,250 debit

Factory overhead 31,250 credit

Finished Goods Inventory 73,750 debit

WIP inventory 73,750 credit

Explanation:

Direct Materials used:

10,000 + 20,000 + 24,000 + 14,000 = 68,000

Direct Labor used:

8,000 + 17,000 + 18,000 + 12,000 = 55,000

Overhead Applied:

6,000 + 12,750 + 13,500 + 9,000 = 31,250

Overhead rate:

6,000 / 8,000 = 0.75

12,750 / 17,000 = 0.75

Finished goods:

24,000 + 49,750 = 73,750

7 0

3 years ago

If a manager rates an employee higher than he or she deserves in order to look good as a manager in the eyes of his or her own s

Reika [66]

Answer:

b.

Explanation:

Based on the information provided within the question it can be said that this scenario best illustrates the concept known as organizational politics. This refers to self-serving behaviors that individuals within a company use in order to increase the likely-hood of obtaining positive results in an organization. Which is what would happen if a manager rates an employee higher, they would end up looking like a good manager that is doing their job correctly because the employees are performing efficiently.

4 0

3 years ago

Explain two situations where scarcity effects you

s344n2d4d5 [400]

When I got into a crash ig

4 0

3 years ago

Read 2 more answers

An account of an event created by someone who took part in or witnessed the event

castortr0y [4]

I think the correct answer would be primary source. It is an account of an event created by someone who took part in or witnessed the event. It is also known as original source. It is any document, manuscript, diary, autobiography, artifact, recording or any source that was made at the time being studied. Examples are interviews, archives, photographs, letters, films and scrapbooks. When the data from these primary sources are obtained from other source wherein they are being analyzed and interpreted then these sources will be called as a secondary source. Examples are articles, books, magazines, surveys, internet resources.

8 0

3 years ago

Consider again the law that would require employers to provide the same package of nonwage benefits offered to full-time employe

emmainna [20.7K]

Answer:

The increase labor cost that differs with the hours worked, there is no effect on the quasi cost.

Explanation:s

Solution

In this example stated, the benefits will be given to the part time workers, but in the proportion or respect to the number pf hours worked or input

Labor cost per hour will increase.

Furthermore, this cost is not is not on the basis of employment, but rather on the basis of hours worked, so the quasi fixed cost is not affected on the long run.

3 0

3 years ago