Answer:
c)No change will occur in the market.
Explanation:
A price ceiling above the equilibrium price is a non binding price ceiling and it does not affect the market. No change in supply or demand occurs.
Answer:
A. all income and expenses
Answer:
Missing word <em>"a. Direct labor usage. b. Indirect labor usage. c. Total payroll paid in cash. Prepare journal entries for the above transactions for the month of May"</em>
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S/n General Journal Debit Credit
a Work in Process inventory $265,000
($345,000 - $80,000)
Factory wages payable $265,000
(To record for Direct labor usage)
b Factory overhead $80,000
Factory wages payable $80,000
(To record for Indirect labor usage)
c Factory wages payable $345,000
Cash $345,000
(To record for Total payroll paid in cash)
Answer:
5 hours would work! Hope it helps!
Explanation:
100 off top!
40 in labor for each hour
40 times 5 is 200
so that would cost 300
for xyz
65 off top and 50 in labor for each hour
5 times 50 is 250
250 plus 65 is 315 !
