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Bumek [7]
3 years ago
7

How is the work in process inventory account related to the finished goods inventory account?

Business
1 answer:
jek_recluse [69]3 years ago
8 0
A.) factory overhead
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Cost of goods manufactured $68,250 Direct materials used 27,000 Direct labor incurred 25,000 Work in process inventory, January
lara [203]

Answer:

Correct answer is a.$13,500.

Explanation:

To calculate work in process ending inventory we will add opening balance of work in process to all cost transferred to work in process during the period. The cost of good manufactured is subtracted from it. Cost of good manufactured become part of finished good inventory. Detail calculation is given below.

WIP opening balance              $ 11,000

Direct Material                         $ 27,000

Direct Labour                           $ 25,000

FOH                                          $ 18,750  (75%* 25,000)

Cost of goods manufactured  ($68,250)

WIP ending balance                 $ 13,500

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3 years ago
PLEASE HELP ASAP!! WILL MARK BRAINLIEST!! <br> How is per capita output determined and used?
Mashcka [7]

Answer:

Real GDP per capita is a measurement of the total economic output of a country divided by the number of people and adjusted for inflation. 

Explanation:

I'm not sure if this is what you were looking for but this is my answer.

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Realizing an increase in both the number of consumers who are environmentally-conscious and the numberof consumers who are seeki
ivolga24 [154]

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The correct answer is B

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Which of the following statements best describes a difference between HR
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The option that best describes the difference between HR planning and a staffing plan is this:

B. Unlike HR planning, a staffing plan identifies only the company's present hiring needs.

<h3>What is the difference between HR planning and staffing?</h3>

The difference between the two mentioned concepts lies in the fact that HR planning is a long-term plan that is aimed at trying to understand how the staffing needs of the company can be improved for better success.

Unlike HR planning, a staffing plan is aimed at identifying the immediate employment needs of the company and filling them up. In businesses, HR planning is very vital to building sustainability. Staffing is also important but it only considers the interim.

So, the difference between these two concepts can be pinned down to the time factor. While one satisfies a need immediately, the other looks at the future and makes reasonable plans that ensure sustainability.

Learn more about HR planning here:

brainly.com/question/13761208

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