Answer:
b. Manufacturing Overhead Control.
Explanation:
As we know that, indirect labor cost is a manufacturing overhead which deals with all types of indirect cost like - indirect material, indirect labor, Factory machinery depreciation, rent, and salaries expense to the manufacturing personnel, etc
These are the costs that are not directly connected to the product's production.
So, in the given case, the indirect labor cost is normally recorded to the debit side of the manufacturing overhead control account
Based on the perpetual system, a buyer can incur cash freight costs if they transport <u>Inventory</u>.
<h3>How are freight costs treated?</h3>
The perpetual system allows for the buyer of inventory to record the freight cost for the merchandise in the inventory account.
This means that the freight cost will be capitalized and added to the cost of the inventory to recover the costs.
Find out more on the perpetual system at brainly.com/question/25014592.
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Since the equation C = 2.32N + 34,180 where C is the cost of raising a child and N is the income. So, if the Corlone family has an income of $40,000, you use the value of N to solve for C:
C = 2.32(40,000) + 34,180
C = 92,800 + 34,180
C = $126,980
Answer: C = $126,980
Credit to: @MsRay
+ = <3
Vertical differentiation strategy is the marketing strategy that best exemplifies the straightforward mapping of the product.
Marketing strategy refers to plans executed by a firms' marketing department which ensure that various plan for reaching prospective consumers and turning them into customers of the products are achieved.
Basically, the differentiation strategy in marketing entails development of product which is unique, different and distinct from its competitors product.
But in this question context, the type of marketing is Vertical differentiation strategy.
The Vertical differentiation strategy involves a firm finding a quality and price mix which will differentiate the brand from its competitors,
Therefore, the type of strategy that best exemplifies a straightforward mapping of a product to a customer’s willingness to pay is the Vertical differentiation strategy.
Learn more about Vertical differentiation strategy here
<em>brainly.com/question/14482663</em>
Answer:
Journals :
Land $350,000 (debit)
Building $100,000 (debit)
Mortgage Payable $450,000 (credit)
Explanation:
The Land and Building is Initially measured at cost of acquisition not the fair market value. The cost of Acquisition in this case is the Present Value of the Mortgage Payable used to obtain the Property.
Step 1
Use the Time Value of Money Techniques to find the Present Value of the Mortgage.
Calculation of Present Value of the Mortgage
N = 20 × 12 = 240
P/YR = 12
PMT = - $3,488.85
I = 7 %
FV = $ 0
PV = ?
Using a Financial Calculator to Input the Values as above, the Present Value of the Mortgage will be $450,000.
Step 2
When Recording, apportion the Land and Building costs using their fair market value.
Land $350,000 (debit)
Building $100,000 (debit)
Mortgage Payable $450,000 (credit)
