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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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The Herman Company uses a joint process to produce products W, X, Y and Z. Each product may be sold at its split-off point or pr
Gala2k [10]

Answer:

<em>W:</em> positive contribution of 6,000

<em>Z:</em>  positive contribution of 1,000

<em>X:</em> negative of 1,000

<em>Y:</em> negative of 6,500

Explanation:

value at the end- value at split off  = value added for processing:

value added - addtional cost = advantage/disadvantage of processing

W (22,500- 7,500) - 9,000  = 15,000 - 9,000 = 6,000

X (20,000 - 13,5000) - 7,500 = 6,500 - 7,500 = (1,000)

Y (15,000 - 9,000) - 12,500 = 6,000 - 12,500 = (6,500)

Z (12,500 - 6,500) - 5,500 = 6,000 - 5,500 = 1,000

7 0
3 years ago
What is a standard is a
Kobotan [32]

Answer:

is the pattern that follows any of the variables that determine the benefit of an economic activity

a standard is the reference level of some factor of production

7 0
3 years ago
After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes
Sauron [17]

The correct answer is A) alignment.

After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes clear that the budget given in the plan is far lower than the marketing team had determined it would need. This mistake is likely a result of a lack of alignment.

This means that the marketing manager did not respect the parameters originally indicated. His numbers did not align with the necessities of the plan, which means that he did not take into consideration some important factors that at the end, affected the end result of the budget.

7 0
2 years ago
At December 31, Idaho Company had the following ending account balances:
telo118 [61]

Answer:

Balance of Stockholder's Equity at December 31 is $1,910,000.

Explanation:

This will appear as follows

Idaho Company

<u>Details                                                                         $      </u>

Stockholder's Equity:

Common Stock                                                       525,000

Preferred Stock                                                      500,000

Additional Paid-In Cap. - Common Stock             625,000

Additional Paid-In Cap. - Preferred Stock              50,000

Treasury Stock                                                        (40,000 )

Retained Earnings                                                <u>  250,000  </u>

Balance at December 31                                    <u>   1,910,000  </u>

5 0
3 years ago
A licensed _______________ must display his or her license conspicuously in the principal place of business at all times.
creativ13 [48]

Answer:

Broker

Explanation:

A licensed broker must dispaly his or her name boldly in their primary place of business at all times becasue it helps to identify a broker quickly as well as has gives confidence to customers to transact business with them.

Cheers.

3 0
3 years ago
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