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luda_lava [24]
3 years ago
13

Conversion costs are a.direct materials and factory overhead b.direct materials and indirect labor c.direct materials and direct

labor d.factory overhead and direct labor
Business
1 answer:
Digiron [165]3 years ago
4 0

Answer:

d.factory overhead and direct labor

Explanation:

The conversion cost is a mix of the direct labor and the factory overhead or the manufacturing overhead

In mathematically,

Conversion cost = Direct labor + factory overhead

It is that cost which includes direct labor cost and manufacturing overhead cost only. It means that it excludes the direct material cost. Like - depreciation, factory rent, factory supplies, etc

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Why might legal rules be insufficient for fulfilling one’s ethical responsibilities? Research current events to identify and bri
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Legal norms and ethical norms are not same and sometimes not agreeable also. Some ethical norms may be wrong legally but some legal norms may be wrong ethically.

<u>Explanation:</u>

The law is set of rules that guide our conduct in society and enforceable through public agencies. For business environment, law provides important guide to make ethical decision making. But sometimes the norms which are ethically right are illegal and sometimes legal norms are unethical.

The example of cases which are ethically right but legally wrong are cheating in taxes or driving over the speed limit or spitting by the road side. The example of cases which are ethically wrong but legal right are falsifying financials, misleading markets and many more.

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3 years ago
Which of the following modes of transportation would probably be the most energy efficient for traveling from New York to Los An
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D because many people are travelling together and the train can occasionally coast due to level travel and the greater the mass the more often the momentum
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3 years ago
In the wrong hands, which of the following pieces of personal information would present the greatest risk for identity
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Answer:

a

Explanation:

with a credit card number that can access you money, name, and your d.o.b

with a d.o.b they cant do anything bc a lot of ppl have the same birthday

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place of birth a lot of ppl were born at the same hospital

7 0
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Read 2 more answers
5 steps in testing the business process are
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Create test plan, develope scenarios, implement, summarize feedback, and retest.
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Professional Products Inc., a wholesaler of office products, was organized on February 5 of the current year, with an authorizat
Westkost [7]

Answer:

The Journal entries are detailed in the explanation

Feb 5: Debit Cash a/c and credit common stock with $5,600,000

          Debit Legal fees and credit common stock with $9,600

April 9: Debit Land 120,000, building 280,000 and equipment 80,000 and credit common stock $320,000 and excess capital $160,000

June 14: Debit cash $2,050,000 credit Pref stock with $1,500,000 and excess capital with $550,000

Explanation:

The question is to journalize the transactions of Professional Products inc as follows

Date                 Particulars/Description                Debit                Credit

5th Feb             Cash A/c                                   5,600,000

                          Common Stock                                                   5,600,000

Being the issue of 700,000 shares of common stock at par for cash

5th Feb             Legal Fees A/c                          9,600

                          Common Stock                                                   9,600

Being the issue of 1200 shares of common stock at par for legal fees

9th April             Land A/c                                   120,000

                           Building A/c                              280,000

                          Equipment A/c                          80,000

                          Common Stock (40,000 x 8 )                       320,000

                          Capital Paid in Excess of Par                        160,000

Being the issue of 40,000 shares in exchange for land, building and equipment.

14th June             Cash A/c                                   2,050,000

                          2% Preferred Stock ($60 x 45,000)                    1,500,000

                         Pref. Capital Paid in Excess of Par                        550,000

Being the issuance of 25,000 shares of Preferred stock at $82

4 0
3 years ago
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