A credit sale of $750 is made on June 13, terms 2/10, net/30. A return of $50 is granted on June 16. The amount received as paym
1 answer:
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Answer:
B
Materials Control $ 250
Manufacturing Overhead Control $1,000
Work-in-Process Control $1,250
Explanation:
spoilage rate: 10/1000 = 0.01=1%
the job requires 2,500 goods parts
total part required (considering spoilage)
2,500 /(1-0.01) = 2500/ 0.99 = 2525.2525 = 2525
2525-2500 = 25 spoilage part
<u>Note:</u>
in this case you may think you can simple do 2,500 x 0.01
But if the spoilage rate is high or the amount of high is, then you will have an answer different than the correct method. Stick to the formula given.
25 part x 50 = 1,250
From the work in process, we will subtract this value, we will increase the spoilage materials inventory and charge the diference as actual overhead.
b.
Materials Control $ 250
Manufacturing Overhead Control $1,000
Work-in-Process Control $1,250
Occipital lobe
The occipital lobe is one of the four major lobes in the brain's cerebral cortex. It is located at the back of the head (see attached image). The occipital lobe's primary function is processing and making sense of visual information we receive through our eyes. Damage or trauma to the occipital lobe (in John's case when he got hit on the back of his head) can cause temporary or permanent vision impairment, subject to the severity of the trauma.
The occipital lobe is one of the four major lobes in the brain's cerebral cortex. It is located at the back of the head (see attached image). The occipital lobe's primary function is processing and making sense of visual information we receive through our eyes. Damage or trauma to the occipital lobe (in John's case when he got hit on the back of his head) can cause temporary or permanent vision impairment, subject to the severity of the trauma.