Answer:
Green Wave Company
T-Ledger Accounts:
1. Common Stock Account
Jan. 1 Cash Account $35,000
Cash Account
1. Jan. 1 Common Stock $35,000 3. Jan. 9 Equipment $8,300
5. Jan 18 Rental Fees $12,300 7. Jan. 31 Salaries $6,900
<u> </u> Jan. 31 Balance <u>$32,100</u>
<u> $47,300 </u> <u> $47,300</u>
Feb. 1 Balance $32,100
2. Land Account
Jan. 5 Note Payable $20,500
2. Note Payable Account
Jan. 5 Land $20,500
3. Equipment Account
Jan. 9 Cash $8,300
5. Rental Fees Revenue
Jan. 18 Cash $12,300
6. Office Supplies
Jan. 23 Accounts Payable $2,300
6. Accounts Payable
Jan. 23 Office Supplies $2,300
7. Salaries Expense
Jan. 31 Cash $6,900
Explanation:
T-Ledger accounts are ledger accounts in the form of the letter T. It has debit on the left-hand side and credit on the right-hand side. It is an accounting tool for determining balances.
Answer:
The average unit cost per unit =$6.455 per unit
Explanation:
The average unit cost is the sum of he cost of opening inventory and purchase for the period divided by the total units for the period
Average Unit cost=
$((3,000 × 5) + (8,000× 7))/(3000+8000) units
=$ 71000/11,000 units
=
$6.455 per unit
The average unit cost per unit =$6.455 per unit
I believe the answer is Pareto diagram
Pareto diagram refers to a diagram that used the combination of both lines and bars, and write the value of data in descending order.
This diagarm is mostly used by organization in order to analyze the defect from the most commonly occured to the least.
<u>C) </u><u>Actual direct materials and direct labor costs are traced to products, but estimated overhead costs are assigned using predetermined rates.</u>
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<h3><u>What Are the Normal Costs?</u></h3>
The cost of a product is determined using standard costing. This method includes a standard overhead rate and actual direct costs applied to a product. It includes the actual cost of labor, materials, and a standard overhead rate that is calculated based on the product's actual consumption of the allocation base in question (such as direct labor hours or machine time).
You can prorate the difference between the cost of goods sold and inventory if there is a discrepancy between the standard overhead cost and the actual overhead cost, or you can charge the difference to the cost of goods sold (for lesser discrepancies).
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Learn more about the costs of the product with the help of the given link:
brainly.com/question/15506611?referrer=searchResults
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