1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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)

You might be interested in
Worlds of Fun is preparing to open its newest theme park in Shanghai. Once open, the marketing department will be collecting lot
erik [133]

The correct answer would be, Primary Data.

This type of research is described by marketing professionals as the collection of Primary Data.

Explanation:

There are two types of data that is being collected and used for a research. They are as follows:

  1. Primary Data
  2. Secondary Data

Primary data is the data which is collected for the purpose for which the research is being conducted. Secondary data is the data which was collected for some other purpose but can be used in the current research as well.

So when the marketing department will collect a lot of information on what customers want while they are at the park, through surveys and direct questioning, the team of marketing department will basically be collecting the Primary data for their research in which they will come to know about the customer needs and wants directly.

Learn more about types of data at:

brainly.com/question/13536450

#LearnWithBrainly

6 0
2 years ago
If the firm’s beta is 1.6, the risk-free rate is 9%, and the average return on the market is 13%, what will be the firm’s cost o
Luden [163]

Answer:

CAPM= RF+B(RM-RF)

= 9+1.6(13-9)

=15.4%

13=RS+1.6*(4)

13=RS+6.4

RS=13-6.4

RS=6.6%

Explanation:

3 0
3 years ago
The following information was collected for the first year of manufacturing for Appliance Apps: Direct Materials per Unit $2.50
lara31 [8.8K]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the total unitary variable cost:</u>

Total unitary variable cost=2.5 + 1.5 + 0.25 + 1.5

Total unitary variable cost= $5.75

<u>Now, the variable costing income statement:</u>

Sales= 33,000*12= 396,000

Total variable cost= (33,000*5.75)= (189,750)

Total contribution margin= 206,250

Fixed Manufacturing Expenses= (117,000)

Fixed Selling and Administration Expenses= (21,000)

Net operating income= 68,250

4 0
3 years ago
Which of the following is true of good salespeople?
iogann1982 [59]

Answer:

Correct answer is A, They know how to oversell their product so the customer can't say no. Explanation: Good salespeople are those who sell more and more of their company's product.

3 0
2 years ago
Which of the following statements is false?
tangare [24]
I believe the In a limited liability partnership, all partners are limited partners
4 0
3 years ago
Read 2 more answers
Other questions:
  • An industrial tool manufacturer relies on a particular distributor network. This distributor network has the largest online outl
    15·1 answer
  • What is remittance advice note ?​
    14·1 answer
  • After hearing a knock at your front door, you are surprised to see the Prize Patrol from your state’s online lottery agency. Upo
    9·1 answer
  • Inventories do not include $15,000 of merchandise that was in transit on December 31, which was sold to a customer with terms f.
    8·2 answers
  • Lew owns five activities, and he elects not to group them together as a single activity under the "appropriate economic unit" st
    6·1 answer
  • following the rational rule for sellers, how does output for a seller who has market power compare to output for a seller who do
    5·1 answer
  • Name the blue-shaded parts as a mixed number.<br> A) 2 2/3<br> B) 3 2/3<br> C) 2 2/9<br> D) 3 2/9
    11·1 answer
  • Bob visited the offices of MASS, a successful insurance company in Boston. MASS needs people who are good with numbers. When Bob
    5·1 answer
  • Don is thinking of borrowing $10,000 from Hancock Whitney Bank. He promises Hancock Whitney cash flows of $5,000 every year for
    7·1 answer
  • When a negative real shock hits the economy, in the absence of any monetary intervention?
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!