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bezimeni [28]
3 years ago
14

Javaprojavapro ​systems's static budget predicted production of and sales of 5555 connectors in​ august, but the company actuall

y produced and sold only 5050 connectors. direct materials were budgeted at $ 93$93 per connector. the company purchased and used direct materials that cost $ 6 comma 184$6,184. what is the journal entry for the direct materials​ purchased
Business
1 answer:
madreJ [45]3 years ago
7 0

In this problem, you are given the amount of direct materials that was purchased by the company which is $6,184.

To record the purchase of the direct materials, the journal entry would be:

Materials             $6,184

         Cash                                      $6,184

To record the usage of the direct materials to production, the entry would be:

Work in Process                                $6,184

          Materials                                             $6,184 

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The number of cases of merlot wine sold by the Connor Owen winery in an eight-year period is as follows:
Anna11 [10]

Answer:

The forecast for the year 2012 with an alpha value of 0.20 = 366.04.

Explanation:

The first step in order to solve this question/problem is to calculate or determine the Exponentially smoothed forecast for a period of time, t using the values of average demand for 2005 through 2007, that is to say;

Exponentially smoothed forecast for a period of time, t using the values of average demand for 2005 through 2007 = [actual sales in 2005 + actual sales in 2006 + actual sales in 2007]/ 3.

Therefore, Exponentially smoothed forecast for a period of time, t using the values of average demand for 2005 through 2007 =[ 281 + 367 + 409]/3 = 1057/3 = 352.3.

Since we are asked to use the smoothed value calculated as of the end of 2012. Use the average demand for 2005 through 2007 as your initial forecast for 2008, then, we have that for 2008 the forecast = 352.3.

Therefore, the forecast from the year 2009 through to the year 2012 can be calculated as given below;

The forecast for the year 2009 with an alpha value of 0.20 = 0.2 × 467 + [1 - 0.2] × 352.3 = 375.24.

The forecast for the year 2010 with an alpha value of 0.20 = 0.2 × 369 + [1 - 0.2] × 352.3 = 355.64.

The forecast for the year 2011 with an alpha value of 0.20 = 0.2 × 511 + [1 - 0.2] × 352.3 = 384.04.

The forecast for the year 2012 with an alpha value of 0.20 = 0.2 × 421 + [1 - 0.2] × 352.3 = 366.04.

3 0
4 years ago
An evaluation of the effectiveness and efficiency of various systems within an organization is called a(n) _____ audit.
agasfer [191]

Answer:

(B) Management

Explanation:

Management audits are a means of evaluating the effectiveness and efficiency of various systems within an organization, showing how well the management is deploying and applying its strategies in the interests of shareholders, employees, and the organization's reputation.

7 0
4 years ago
1. A
malfutka [58]

Answer:

so!!! keep on learning,you can do it,and keep up the good work

5 0
2 years ago
Given that the economy is operating in the horizontal section of" the aggregate supply curve in the simple Keynesian model, an i
Ksivusya [100]

Answer: Option C : Increases Real GDP and leave the price level unchanged.

Explanation:

One of the assumption of the Keynesians and I quote...

"Keynesians believe that prices, and especially wages, respond slowly to changes in supply and demand, resulting in periodic shortages and surpluses, especially of labor."

From the above we can conclude that for an increased in spending leads to Increases Real GDP and leave the price level unchanged.

5 0
3 years ago
On January 1, 2019, Providence, Inc., issues $1,000,000 of 10 percent, 5-year bonds at par value. Complete the necessary journal
Anna35 [415]

Answer:

                                   Dr.                Cr.

January 1, 2019

Cash                     $1,000,000

Note Payable                             $1,000,000

Explanation:

Bond issued for $1,000,000 and cash received against it. So, cash id debited and a liability is created in this event. Interest accrued will be charged as interest expense at the end of period.

6 0
3 years ago
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