Answer and Explanation:
The adjusting entries are shown below
1. Accrued wages expenses
Wages expense Dr XXXXX
To Wages payable XXXXX
(Being the accrued wages is recorded)
For recording this we debited the wages expense as it increased the expense and credited the wages payable as it also increased the liabilities
2. Accrued utilities expenses
Utilities expense Dr XXXXX
To Account payable XXXXX
(Being the accrued utilities expense is recorded)
For recording this we debited the utility expense as it increased the expense and credited the account payable as it also increased the liabilities
3. For adjusting the unearned service revenue
Unearned service revenue Dr XXXXX
To Service revenue XXXXX
(Being the unearned service revenue is recorded)
For recording this we debited the unearned service revenue as it decreased the liability and credited the service revenue as it increased the revenue
Answer:
Explanation: TVC is the total variable cost curve. It slopes upward left to right, as inverse S-shaped. This slope of TVC curve shows that the total variable cost increases initially at a decreasing rate as the total output increases and subsequently it increases at an increasing rate with the increase in the output.
Explanation:
Answer: $950 Unfavorable
Explanation:
Following the information given in the question, the budgeted operating cost will be calculated as the addition of the fixed cost and the variable cost given and this will be:
= $2,980 + ($328 × Level of activity)
= $2980 + ($328 × 20)
= $2980 + $6560
= $9540
Since the actual operating cost is $10,490, then the Spending Variance for the vehicle operating cost will be:
= Flexible Budget - Actual Budget
= $9,540 - $10490
= $950 Unfavorable
Answer:
its C) OSHA
Explanation:
sorry someone was being annoying as heck and buting in
