Answer:
Missing word <em>"a. Direct labor usage. b. Indirect labor usage. c. Total payroll paid in cash. Prepare journal entries for the above transactions for the month of May"</em>
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S/n General Journal Debit Credit
a Work in Process inventory $265,000
($345,000 - $80,000)
Factory wages payable $265,000
(To record for Direct labor usage)
b Factory overhead $80,000
Factory wages payable $80,000
(To record for Indirect labor usage)
c Factory wages payable $345,000
Cash $345,000
(To record for Total payroll paid in cash)
Answer:
Explanation:
Purchase discount = $4000 * 2% = $80
Date Accounts title Debit Credit
Dec-15 Accounts Payable $4,000
Purchase Discounts $80
Cash $3,920
(To record payment within discount term of 10 days)
Answer: Equal to zero
Explanation: Slope is a number that describes the steepness of a line or curve. At the maximum point, the total revenue curve becomes flat. At this point the slop of the curve given by the rate of change in the curve is equal to zero. it is neither increasing nor decreasing at the maximum point.
Slope is calculated as,
Total revenue curve is the relation between total revenue and quantity. At the maximum, change in total revenue is zero so the slope will also be zero.
= 0
Answer:
per-unit costs decrease as output increases
Explanation:
In simple words, Economies of scale can be understood s the cost benefits that businesses receive as a result of their size of operation. As the expense per unit of production decreases because scale increases. Because expenses are dispersed among a greater quantity of items this occurs.
Thus, from the above we can conclude that the correct option is B.
Answer:
The correct answer is 22%.
Explanation:
To calculate it, we must use the formula taking the sales value that is $ 244 minus the unit cost that is $ 200 ($140 + $60), between the sum of the variable costs and the fixed costs that is the same. This relationship is represented as follows:
$ 244 - 200 / (140 + 60) * 100 = 22%
