Answer: C. Work in Process Inventory.
Explanation:
When Raw Materials are purchased they are simply put into the Materials Account.
When the company needs to start working on them however, they will transfer the raw materials to the Work in Progress account which records the Direct Materials and Direct Labor that are used in the Production process. By Debuting this account they indicate that the materials in it have increased.
Answer:
The correct answer is A.
Explanation:
Giving the following information:
Best Shingle's budgeted manufacturing costs for 50,000 squares of shingles are: Fixed manufacturing costs $12,000 Variable manufacturing costs $16.00 per square
Manufacturing cost= direct material + direct labor + manufacturing overhead
MC= 12,000 + 16* 50,000= $812,000
Answer: In Dwight Eisenhower's speech the key points he was trying to make were <em>using scarce resources involves trade offs </em>and the <em>United States government only had so much money.</em>
The correct answers are A and B.
Explanation:
The speech that was given by Eisenhower in 1953 was called "The Change of Peace." He states in this speech that if there is a danger that exists anywhere in the world, then it is shared by all the people. He goes on state that hope should be equally shared by all the people. He then speaks about atomic warfare and atomic bombs and how the U.S and Russia knows the secrets to atomic bombs.
