1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Papessa [141]
3 years ago
13

Farrel Corporation is a manufacturer that uses job-order costing. The company has supplied the following data for the just compl

eted year: Direct labor cost $574,000 Manufacturing overhead: Indirect labor cost $163,000 Other manufacturing overhead costs incurred $584,000 What is the journal entry to record the direct and indirect labor costs incurred during the year?
Business
1 answer:
Anni [7]3 years ago
5 0

Answer:

      Cost                                     Debit             Credit  

Work in Process inventory        $574,000  

Manufacturing overhead           $163,000  

Wages payable/Cash                                      $737,000

You might be interested in
Financial risk management is a component of enterprise risk management (ERM). ERM encompasses the methods and procedures used by
KiRa [710]

Answer:

Business risk.

Explanation:

Business risk (uncertainty associated with the ability to forecast EBIT due to factors such as sales variability and operating leverage).

6 0
3 years ago
maximum amount willing to payGenesis Scents has two divisions: the Cologne Division and the Bottle Division. The Bottle Division
Bezzdna [24]

Answer: $2.60

Explanation:

Based on the information given in the question, the maximum amount that the Cologne Division would be willing to pay for each bottle transferred would be the amount that the company can purchase the containers in the external market which is given in the question as $2.60.

That's the highest amount that they can but the containers for. Therefore, the answer is $2.60

8 0
3 years ago
In preparing a company's statement of cash flows for the most recent year, the following information is available:
Butoxors [25]

Answer:

- $ 138,000

Explanation:

The investment activities includes the transaction done on purchasing the equipment and selling the land.

Thus, for the given question

The list of investment activities:

Purchase of Equipment = - $ 149,000  

Proceeds from Sales = $ 130,000  

Purchase of Land = - $ 119,000

here, the negative sign depicts the amount is paid

thus, the net cash flow from the investment activities

= - $ 149,000 + $ 130,000 + (- $ 119,000)

or

the net cash flow from the investment activities = - $ 138,000

3 0
3 years ago
Read 2 more answers
which of the following is a depository financial institution? a) investment bank b) online bank. c) life insurance company. d) F
klasskru [66]
A because you invest money into the bank, and eventually the deposits add up to a lot of money.
3 0
3 years ago
Read 2 more answers
Tom knows that the title insurance company made a mistake on his property title. Because of their mistake, his neighbor now has
kow [346]

Answer:

risk aversion.

Explanation:

Have you ever heard "A bird in the hand is worth two in the bush"?

It relates to safe investments or activities that yield known returns, instead of simply trying to go after more birds that you might or might not catch.

Tom knows that he can sue the title company and earn a lot of money, but he also knows that he might lose the case and instead of getting some money will have to spend a lot of his money in legal fees. Since he dislikes the risk of losing both the suit and his own money, he decided to accept the company's settlement.  

3 0
3 years ago
Other questions:
  • Zeto Bank requires its customers to provide their customer identification number, their respective passwords, and a one-time pas
    7·1 answer
  • Assume that Kish Inc. hired you as a consultant to help estimate its cost of common equity. You have obtained the following data
    10·1 answer
  • Once stimuli are in the brain, they are processed by what?
    5·1 answer
  • 20. The consumer price index was 120 in 2013 and 126 in 2014. The nominal interest rate during this period was 8 percent. What w
    11·1 answer
  • Mickey is a 12-year-old dialysis patient. Three times a week for the entire year he and his mother, Sue, drive 20 miles one way
    15·1 answer
  • Advantages of investment companies to investors include all but which one of the following?
    10·1 answer
  • The three main types of banks (Traditional, Credit Union, Online or Online-Only) have many tradeoffs with respect to technology,
    6·1 answer
  • Jobs, Inc. has recently started the manufacture of Tri-Robo, a three-wheeled robot that can scan a home for fires and gas leaks
    15·1 answer
  • China Imports Inc. sold 10,000 units in May. Per unit selling price and variable expense were $23 and $15, respectively. Fixed e
    10·1 answer
  • Capital budgeting is the process of making capital expenditure decisions. used in sell or process further decisions. of determin
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!