Answer:
Debit : <em>Work In Process Account</em> and Credit : <em>Raw Materials Account</em>
Explanation:
The Work In Process Account must be increased with the cost of raw materials being transferred to production from the Raw Materials Account.Whilst the Raw Materials Account must be decreased.
Here are the options:
A. Check the receiving room for the product to be in the shelves.
B. Let them no the truck comes in on Tuesday.
C. Tell the Customer to check back again later.
D. Show the Customer the other brands of Shampoo that's available on the shelf
Answer:
<u>D. Show the Customer the other brands of Shampoo that's available on the shelf.</u>
Explanation:
This is the option because it provides an opportunity to still make a sale. Remember, the customer only complained of not seeing a particular brand
It therefore, means that if shown other brands of Shampoo that's available on the shelf they may opt-in to buy them.
Answer:
$3,604
Explanation:
Calculation for what Smith's deferred income tax expense or benefit would be:
Using this formula
Deferred income tax expense =(favorable temporary difference-unfavorable temporary difference)*Tax rate
Let plug in the formula
Deferred income tax expense =($51,200-$40,600)*21%
Deferred income tax expense =$10,600*34%
Deferred income tax expense =$3,604
Therefore Smith's deferred income tax expense or benefit would be:$3,604
You can make a total of 9 combinations consisting of one meat and one bread