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Veseljchak [2.6K]
3 years ago
7

What journal entry is made in a job-order costing system when $8,000 of materials are requisitioned for general factory use inst

ead of for use in a particular job? (a) Work in Process $8,000 Manufacturing Overhead $8,000 (b) Work in Process $8,000 Raw Materials $8,000 (c) Manufacturing Overhead $8,000 Work in Process $8,000 (d) Manufacturing Overhead $8,000 Raw Materials $8,000
Business
1 answer:
Jlenok [28]3 years ago
8 0

Answer:

(d) Manufacturing Overhead $8,000 Raw Materials $8,000

Explanation:

This will be an spending associate with the actual overhead.

These materials are indirect, so it should go in the factory overhead account.

They are not associate with any job in particular, so it cannot be capitalize through work in process.

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Answer:

c)    - 8.4%

Explanation:

<em>The return on a stock is the sum of the capital gains(loss) plus the dividends earne</em>d.

<em>Capital gain is the difference between he value of the stocks when sold and the cost of the shares when purchased.</em>

<em>Total shareholders Return = </em>

<em>(Capital gain/ loss + dividend )/purchase price  ×  100</em>

So we can apply this to the formula:

<em>Dividend</em> = $0.5 × 2 = $1

<em>Capital loss</em> = $49.30 - 54.90

% return =( $1 + ($49.30 - 54.90))/54.90

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Total percentage return on this investment = -8.4%

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3 years ago
An employee earns $6,300 per month working for an employer. The FICA tax rate for Social Security is 6.2% and the FICA tax rate
Arte-miy333 [17]

Answer:

An employee earns $6,250 per month working for an employer. The FICA tax rate for Social Security is 6.2% and the FICA tax rate for Medicare is 1.45%. The current FUTA tax rate is 0.8%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee's pay.

Explanation:

3 0
3 years ago
A times-interest-earned ratio of 3.5 indicates that the firm pays 3.5 times its earnings in interest expense. has interest expen
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Answer:

has EBIT equal to 3.5 times its interest expense.

Explanation:

The times-interest-earned represent how much pressure the interest expense represent for the firm.

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Therefore we compare EBIT against interest expense

\frac{EBIT}{interest \: \: \: expense}

A lower than 1 meas the company cannot pay their interest

above 1 menas it can pay them.

Then, is up to each creditor how much TIE is required to allow for lending to the firm

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3 years ago
Garth's Imports sold a car to Wally on credit for $30,000. Garth assigned to Cassandra all of his rights to receive money from W
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A. Cassandra will not be able to collect the money from Wally

Explanation:

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4 years ago
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Nataly [62]

Answer:

The correct answer is True.

Explanation:

Cognition means having a high level of perception, in order to interpret real behavior and find the best way to address it. This tactic can be useful to Danny if he wants to know if indeed his manager acts in the way that everything believes, which can be wrong. Using this type of strategy allows not only to have a lasting relationship, but to positively impact the perception of others about such an important person in the organizational structure, who must be a friend of all and be ready to collaborate in cases that is required.

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3 years ago
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