1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alexandra [31]
3 years ago
5

A Corporation manufactures canoes in two departments, Fabrication and Waterproofing and uses a weighted-average process cost sys

tem to collect costs. The units start in Fabrication, are completed in Waterproofing, and transferred to the Finished Goods warehouse. What journal entry should A Corporation make to record the completion of the production process by the Waterproofing Department?
Business
1 answer:
Xelga [282]3 years ago
6 0

Answer:

Explanation:

The journal entry is shown below:

Finished goods A/c Dr XXXXX

  To Work in progress A/c - Waterproofing XXXXX

(Being the completion of the production is recorded)

Since there are 2 steps to make the finished good. The first one is raw material and then process the raw material which we called work in progress account, After processing the product, the goods are ready to the sale which we called finished product.  

So, we debited the finished goods account and credited the work in progress account

You might be interested in
In March 2018, Daniela Motor Financing (DMF), offered some securities for sale to the public. Under the terms of the deal, DMF p
kiruha [24]

Answer:

The rate of return is 7.20%

Explanation:

a)  Assuming you purchased the bond for $880, in order to calculate the rate of return you earn if you held the bond for 25 years until it matured with a value $5,000 we would have to calculate the following formula:

Rate of Return = [FV/PV]1/n - 1

Rate of Return= [$5,000 / $880]1/25 - 1 = [5.6818]0.04 - 1 = 1.0720 - 1 = 0.0720, or 7.20%

Rate of Return= [5.6818]0.04 - 1

Rate of Return= 1.0720 - 1

Rate of Return=0.0720, or 7.20%

The rate of return is 7.20%

5 0
2 years ago
Roomz, a mid-range hotel, used to provide only food and accommodation facilities. It soon realized that most of its customers ar
Sever21 [200]

Answer:

This is an example of an emergent strategy

Explanation:

An emergent strategy is an unplanned strategy it is the strategy that actually happens as a result of changes in the external environment of the  business and it shows the responds to  such changes. Although it is unintended, adopting an emergent strategy  helps a business adapt more flexibly to the practicalities of changing market conditions.  

Therefore the type of strategy adopted is an emergent strategy  

8 0
3 years ago
John would like to move from the city into the suburbs and has been saving up a large down payment for a home. Which is the most
Simora [160]
Im 100 percent sure that the anser is c
3 0
3 years ago
Which feature should you use to find information regarding specific actions visitors have taken on your Google My Business listi
lara31 [8.8K]

Answer:

The  correct answer is A. Google My Business Insights.

Explanation:

Lots of businesses use Google My Business in order to people (potential customers) can find them and purchase its items, this tool also works as a web advertisement.

Only the profile owners or managers can access to INSIGHTS. This shows how popular the business is and how the visitors interact with it.

7 0
3 years ago
Which process can you use to save an audio recording onto a recordable cd? select one:
Zepler [3.9K]
I think the correct answer would be A. The process that you can use to save an audio recording onto a recordable CD would be compressing. It is a process which allows us to share and to store files in systems. In order to compress audio files to a CD, a software or program should be used to be able to compress correctly depending on what type of files can be transferred to the CD.
5 0
3 years ago
Other questions:
  • Jordan loaned taylor $1,200 on march 15, 2009. taylor returned $1,260 on march 14, 2010. inflation was 2% over the 1-year period
    11·1 answer
  • If the Federal Reserve charges 2.5% interest rate on loans to financially healthy banks and pays 1.75% interest on reserves held
    8·1 answer
  • What factors are important to consider when planning to fund your education? Select all that apply A) how much debt you are will
    5·1 answer
  • CSM Machine Shop is considering a four-year project to improve its production efficiency. Buying a new machine press for $375,00
    13·1 answer
  • A Subaru representative has a solid relationship with Phil, a satisfied customer. Phil loves Subaru and will not accept anything
    11·1 answer
  • Discuss the potential problems for a business which does not keep adequate business records. (8 marks)
    8·1 answer
  • Give a minimum of three reasons why a cover letter is important
    9·2 answers
  • According to the Florentine humanist, Leonardo Bruni, history should be studied first (after a mastery of Latin grammar) because
    11·1 answer
  • Violet is putting together a cross-functional team to do a high-level analysis of the organizational structure. She explains to
    10·1 answer
  • A manager who wishes to be successful in international business should avoid a(n) ________ attitude.
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!