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SVEN [57.7K]
3 years ago
6

During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo

r general factory use. Factory overhead applied to production was $23,000. The journal entry to record the factory overhead applied to production is a. Factory Overhead 25,000 Accounts Payable 25,000 b. Factory Overhead 23,000 Work in Process 23,000 c. Work in Process 23,000 Factory Overhead 23,000 d. Work in Process 25,000 Factory Overhead 25,000
Business
1 answer:
tino4ka555 [31]3 years ago
6 0

Answer:

Option (c) is correct.

Explanation:

Given that,

Labor costs = $175,000

Production order = $150,000

General factory use = $25,000

Factory overhead applied to production = $23,000

Therefore, the journal entry is as follows:

Work in process A/c Dr. $23,000

       To Factory overhead             $23,000

(To record the factory overhead applied to production)

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_____ _____ includes employee behaviors that are directly involved in the transformation
Bingel [31]

Answer:

Task performance

routine

adaptive

creative task

Explanation:

Task performance

This is a performance assessment system that measures the way and manner a specific task was carried out. This can cover observable work-related behavioral pattern or time and accuracy of task

Routine Task performance

This is a performance assessment technique that involves popular attitude to normal demands or routine.

Adaptive Task performance

This deals with employees behavior towards certain, predictable and unusual job.

Creative Task Performance

This is the development of a useful ideas that can be deployed in both routine and adaptive task.

4 0
3 years ago
Among the 1018 ​respondents, 128 said that rising gas prices are "not at all annoying." what percentage of respondents said that
uysha [10]

Answer: The percentage of respondents said that the gas prices are“Not at all annoying”  are 12.57%

Explanation:  There are 1018 respondents out of which 128 respondents said that the gas prices are “Not at all annoying”

Percentage of the respondents are = Number of respondents who said gas prices are not annoying ÷ Total number of respondents *100

Where, Number of respondents “Not at all annoying” = 128

              Total Number of respondents = 1018

Percentage of the respondents = 128 ÷ 1018 * 100

Percentage of the respondents = 0.1257367 *100

Therefore, the percentage of respondents who said is not annoying is 12.57%.

7 0
3 years ago
describe the two eligibility requirements to qualify for deducting losses generated from real estate activities.
Zolol [24]

Two exceptions to the special passive activity rule for real estate activities provide the whole or partial offset of real estate rental losses against active or portfolio income, even when the business is otherwise regarded as a passive activity.

<h3>Which rules regarding passive activities for rental revenue are exceptions?</h3>
  • You have a stake in the yearly commerce or economic activities.
  • During the current tax year or at least 2 of the 5 tax years prior, the rental property was utilized primarily in that trade or company.
<h3>Only real estate is subject to passive loss restrictions, right?</h3>

Generally speaking, the following actions can result in passive losses (and income): leasing of equipment. Rental property (though there are some exceptions) a farm or a sole proprietorship in which the taxpayer has no substantial interest.

<h3>How can passive income be balanced?</h3>

Selling off your rental properties will help you make up for your passive losses. You don't actually have to sell the property that's causing the losses to balance them effectively. Any passive income will be offset by losses.

Learn more about special passive activity rule: brainly.com/question/28137310

#SPJ4

7 0
1 year ago
​Miguel, a manager for Sierra​ Company, is inspecting the reports provided by his​ company's accounting department. He wants to
Artemon [7]

Answer:

The correct answer is letter "A": managerial accounting information.

Explanation:

Managerial accounting is internal accounting that allows managers to assess the impacts of their choices. This contrasts with financial accounting which underlines the company's more general, higher-level financial results. There are many managerial accounting techniques such as product costing, cash flow analysis, inventory, and raw material turnover analysis.

So, <em>if Miguel wants to schedule his​ department's employees in production for next week he can use managerial accounting information for that purpose.</em>

7 0
3 years ago
Olive Maccones dies without a will. She has three sons and seven grandchildren. She owned a substantial amount of property. What
navik [9.2K]

Answer:

The property will be transferred according to the Statute of Descent and Distribution.

Explanation:

Intestacy is the situation where a person dies without leaving a will for the sharing of his estate.

When this happens the descent and distribution statute comes into play.

The heirs or next of kin are beneficiaries to the estate. Heirs can be be blood relatives, adopted children, adopted parent, or surviving spouse.

The line of descent is the order of beneficiaries that are from an ancestor. The line of descent can be direct such as sons, or collateral such as cousins.

In this case where Olive Maccones dies without a will and she has three sons and seven grandchildren, her estate will be distributed by a court based on the line of descent of her sons and grandchildren.

6 0
2 years ago
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