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4 years ago

EB11.

Business

1 answer:

Natasha2012 [34]4 years ago

3 0

Answer:

The journal entry to record the factory wages of $25,000 incurred in the processing department is given below.

Debit Processing Department (WIP Asset) $ 25,000

Credit Factory Wage (Liability) $ 25,000

The journal entry to record the factory wages of $15,000 incurred in the production department.

Debit Production Department (WIP Asset) $ 15,000

Credit Factory Wage (Liability) $ 15,000

Please note that these work in process are asset accounts and the cost of inventory is expenses as goods are sold.

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Convert the following temperature to Celsius scale (a) 450 k, (b) 273 k, (c) 73 k.

masya89 [10]

Answer: See explanation

Explanation:

To convert to Celcius scale from Kelvin, the formula to use is:

Temperature in Celcius = Temperature in Kelvin - 273

a. 450k

Temperature in Celcius = Temperature in Kelvin - 273

= 450 - 273

= 177°Celcius

(b) 273 k

Temperature in Celcius = Temperature in Kelvin - 273

= 273 - 273

= 0°C

Temperature in Celcius = Temperature in Kelvin - 273

= 73 - 273

= -200°C

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3 years ago

Valuetronics, an electronics company, is currently in the preproduction stage of launching one of its new stereo systems. In ord

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Answer: Computer aided engineering(CAE) systems.

Explanation:

Computer aided engineering involves making use of computer softwares that aids production. The computer aided engineering software is used to design how product could look like, simulate the product on a computer system to determine the product's possible performance and to ensure the desired standard is met, before the design can then be used to carry out production. Computer aided engineering is commonly applied in automobile production and large buildings construction.

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3 years ago

Ralph Lauren: Accounts receivable turnover and number of days' sales in receivables Ralph Lauren Corporation designs, markets, a

SVETLANKA909090 [29]

<em>MISSING INFORMATION:</em>

concept // Year 2 // Year 1

Sales 7,620 7,450

Account Receivables 655 588

Answer:

Yes, there is. The days to collect increase by 4.16 to 29.77 from 26.61

Which is a bad sing as the company delays more to collect form their customers

Explanation:

Account Receivable turnover:

Average receivable:

(458 + 588 ) / 2 = 523

7,450 / 523 = 14.25

Days to collect: 365 / 14.25 = 25,61

Second Year:

Average receivable: (655 + 588) / 2 = 621.5

Turnover: 7,620 / 621.5 = 12.26

Days to collect: 365 / 12.26 = 29,77

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3 years ago

Minor Company installs a machine in its factory at the beginning of the year at a cost of $135,000. The machine's useful life is

sasho [114]

Answer:

$25,800

Explanation:

The units-of-production deprecation method depreciates an asset based on the total units produced each year.

Unit of production depreciation expense = (units produced / total expected units of production) × (cost of asset - salvage value)

(64,500 / 300,000) x ($135,000 - $15,000)

0.215 x $120,000 = $25,800

I hope my answer helps you

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