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larisa [96]
3 years ago
8

Conversion costs are:_______.

Business
1 answer:
777dan777 [17]3 years ago
4 0

Answer:

B. The combined costs of converting raw materials to finished goods.

Explanation:

Conversion Costs are the combined costs of converting <em>raw materials</em> to finished goods.

These include the costs of direct labor and manufacturing overheads such as <em>water</em> and <em>electricity</em>.

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During the current month, Wacholz Company incurs the following manufacturing costs. (a) Purchased raw materials of $17,500 on ac
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Answer and Explanation:

The journal entries are shown below:

a. Raw material inventory $17,500

        To Account payable $17,500

(Being raw material inventory purchased on account)

b. Factory labor $39,900

       To Factory wages payable $30,800

       To Employer payroll tax payable $9,100

(Being factory labor is recorded)

c.  Factory Overhead $16,170

        To Factory Utilities payable $3,500

         To Prepaid Factory property taxes $2,770

        To Accumulated Depreciation $9,900

(Being Manufacturing costs is recorded)  

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3 years ago
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Explanation:

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5 0
2 years ago
When you gather primary or secondary data, whal part of the market information management process are you
charle [14.2K]
The answer you are looking for is B
6 0
2 years ago
Major Manuscripts, Inc., is currently operating at 70 percent of capacity. All costs and net working capital vary directly with
bagirrra123 [75]

The attached data is required to answer the question

Answer:

$535

Explanation:

In this scenario we need to calculate the additional debt required by Major Manuscript

We expect an increase of 10% of sales

Therefore

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Accounts payable projected = 2,200 * 1.10 = $2,420

Current long term debt = $260

Current common stock = $2,400

Retained earnings projected = 4,560 +{(360 - 190) * 1.10} = $4,747

Additional debt required = 10,362 - 2,420 - 260 - 2,400 - 4,747

Additional debt required = $535

6 0
3 years ago
The long-run aggregate supply curve shifts right if:
Pani-rosa [81]

The long-run collective supply curve shifts right if productivity increases or the price of key inputs decrease. It makes the combination of the lower inflation, higher output and lower unemployment.

<h3 /><h3>What is aggregate supply?</h3>

Aggregate supply is also called total output, it is the total production of the goods and services within an economy at the overall price at the given period.

The main two elements of aggregate supply are consumption and saving. The sum up of the national supply is the consumption expenditure and savings.

Thus, The long-run collective supply curve shifts right if productivity

For more details about aggregate supply, click here:

brainly.com/question/14098827

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5 0
2 years ago
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