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allochka39001 [22]
3 years ago
12

The journal entry to issue​ $600 of direct materials and​ $30 of indirect materials to production involves​ debit(s) to the​ ___

_____.
a. manufacturing overhead account for​ $630
b. ​work-in-process inventory account for​ $600 and manufacturing overhead account for​ $30
c. ​work-in-process inventory account for​ $600 and finished goods inventory account for​ $30
d. ​work-in-process inventory account for​ $630
Business
1 answer:
zmey [24]3 years ago
7 0

The journal entry to issue​ $600 of direct materials and​ $30 of indirect materials to production involves​ debit(s) to the​ B. ​work-in-process inventory account for​ $600 and manufacturing overhead account for​ $30.


Work-in-process inventory refers to a company's goods that are waiting to be finished and completed. While these goods wait to be finished, they are waiting their overall value they are given as well. Manufacturing overhead refers to the items that are used for manufacturing. Everyting that has to take place and be paid for manufacturing to take place.

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Answer:

it's the theory that the completion of college indicates do employers that a job applicant is intelligent and hard-working

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suppose you invest $2250 in a CD that earns 3% APR and is compound quarterly. the cd matures in 2 years. how much will this cd b
Oksi-84 [34.3K]

Pn = P0(1+r)∧n

Pnis future value of P0

P0 is original amount invested

r is the rate of interest

n is the number of compounding periods (years, months, etc.)

P(n) = 2250(1+(.03/4)∧8

** since the interest is compounding quarterly, you need to divide the rate by 4, the number of quarters in a year.

Then you would do the math.

8 0
3 years ago
A(n) ________ is a tool management uses to assess the potential of a firm's business portfolio. It helps management decide how t
frozen [14]

Answer:

3. portfolio analysis

Explanation:

Some example is portfolio analysis are:

Unilever has a portfolio of supplying tea and ice cream.

Gillette provides shaving products and batteries.

Protfolio analysis is the process by which the portfolio or products of a business are reviewed. It is done to analyse risk and returns. When portfolio analysis is done frequently it helps the business make changes in portfolio allocation based on changing market needs.

4 0
3 years ago
Metlock enters into an agreement with Traveler Inc. to lease a car on December 31, 2019. The following information relates to th
Setler [38]

Answer:

Dec. 31, 2016

Dr Right use Asset $15,270

Cr To Lease Liability $15,270

Dec. 31, 2017

Dr Interest expense $1,221.6

Dr Lease liability $4,431.22

Cr Cash $5,652.82

Dec. 31, 2017

Dr Amortization expense$5,090

Cr To Right-of-use Asset $5,090

Dec. 31, 2018

Dr Interest expense $867.10

Dr Lease Liability $5,071.36

Cr To Cash A/c $5,935.46

Dec. 31, 2018

Dr Amortization expense $5,090

Cr To Right-of-use asset A/c $5,090

Explanation:

Date Particulars Debit ($) Credit ($)

Dec. 31, 2016

Dr Right use Asset $15,270

Cr To Lease Liability $15,270

Dec. 31, 2017

Dr Interest expense

($15,270 × 8% borrowing rate) $1,221.6

Dr Lease liability

($5,652.82 - $1,221.6) $4,431.22

Cr Cash $5,652.82

(To record interest expense)

Dec. 31, 2017

Dr Amortization expense (Asset value /Estimated useful life $15,270/ 3) $5,090

Cr To Right-of-use Asset $5,090

(To record amortization of the Right-of-use asset)

Dec. 31, 2018

Dr Interest expense

(($15,270 - $4,431.22) × 8%) $867.10

Dr Lease Liability $5,071.36

Cr To Cash A/c $5,935.46

(To record interest expense)

Dec. 31, 2018

Dr Amortization expense ($15,270 / 3) $5,090

Cr To Right-of-use asset $5,090

(To record amortization of the right-of-use asset)

4 0
3 years ago
At the end of last year, the company's assets totaled $879,000 and its liabilities totaled $749,500. During the current year, th
Sladkaya [172]

Answer:

$ 164,450

Explanation:

Opening  assets = $879,000

Opening liabilities = $ 749,500

Increase in Assets = $59,900

Increase in Liabilities = $24,950

Closing assets = Opening Assets + Increase in Assets

= $879,000 + $59,900

= $ 938,900

Closing Liabilities = Opening Liabilities + Increase in Liabilities

= $749,500 + $24,950

= $ 774,450

At the end of the current year,

Stockholder's Equity = Total Assets- Total Liabilities

                                   = $ 938,900 -  $ 774,450

                                   = $ 164,450

6 0
3 years ago
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