Answer:
Date Accounts Receivable Debit Credit
XX-XX-XXXX Work in Process $11,330
Wages Payable $11,330
Date Accounts Receivable Debit Credit
XX-XX-XXXX Work in Process $5,665
Manufacturing overhead $5,665
<u>Working</u>
Total labor cost:
= Partner cost + Senior manager cost + Staff accountants
= (5 * 450) + (13 * 160) + (100 * 70)
= $11,330
Overhead is 50% of direct labor cost:
= 11,330 * 50%
= $5,665
Lements of financial statements do not include monetary unit.
A monetary unit of currency, such as the US dollar or the Mexican peso. All transactions are measured in currency units and represented in book currency units. This is the currency unit commonly used in the country. For example, in the United States, all accounting records are kept in US dollars.
Crimes are committed for the purpose of obtaining financial gain in connection with money, or the mechanism by which it is introduced and circulated in the economy, or the monetary policy of the government.
Learn more about monetary unit here: brainly.com/question/24373500
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<span>During an economic recession when the income of consumers has decreased, the BP station (an all gas stations) will see a leftward shift in the demand curve. This will result in gas stations having to lower their prices. If they don't lower their prices, they will have a glut of gasoline that they can't sell.</span>
Answer:
Explanation:
knowledge? Sorry if this dosent help! <3
Answer:
C)some inputs are fixed and some inputs are variable.
Explanation:
Usually, the fixed cost are usually fixed for a some levels of activity. However, as the level of activities increases, the fixed cost may also increase.
Variable cost on the other hand changes directly as the level of activities (say number of units produced) changes.
As such, in the short run, some inputs are fixed and some inputs are variable.
Option C is right.
