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Musya8 [376]
4 years ago
12

Materials purchases (on credit). Direct materials used in production. Direct labor paid and assigned to Work in Process Inventor

y. Indirect labor paid and assigned to Factory Overhead. Overhead costs applied to Work in Process Inventory. Actual overhead costs incurred, including indirect materials. (Factory rent and utilities are paid in cash.) Transfer of Jobs 306 and 307 to Finished Goods Inventory. Cost of goods sold for Job 306. Revenue from the sale of Job 306. Assignment of any underapplied or overapplied overhead to the Cost of Goods Sold account. (The amount is not material.)
Prepare journal entries for the month of April to record the above transactions.
Business
1 answer:
natita [175]4 years ago
8 0

Answer:

305 direct

Explanation:Math

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third one C

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4 years ago
Welcome Inn Hotels is considering the construction of a new hotel for $90 million. The expected life of the hotel is 30 years, w
steposvetlana [31]

Answer:

a. Annual Net cash flows:

= Revenue - Expenses + Depreciation

= 26,000,000 - 15,000,000 + (90,000,000 / 30 years)

= 11,000,000 + 3,000,000

= $14,000,000

b. Net present value:

= Present value of cashflows - Investment cost

= (Annual cashflow * present value of an annuity, 14%, 30 periods) - Investment cost

= (14,000,000 * 7.003) - 90,000,000

= $8,042,000

c. Company should construct the hotel as it would bring a positive Net Present Value

Note: In "b" the cashflow was treated as an annuity because it is constant.

3 0
3 years ago
Solve the following problems. Ginny Jones receives $624 gross salary biweekly. Her income tax rate is 14%. Her group health plan
yaroslaw [1]

Answer:

take home pay $457.20

$30.78 from the raise

Explanation:

5 0
3 years ago
When a doctor schedules you for a surgery and requests that the hospital have specific instruments and supplies for your procedu
Musya8 [376]

The doctor is responsible for supplying the required instruments for the surgery procedure.

<h3 /><h3>What is the real meaning of a doctor?</h3>

A person certified to exercise medicine, as a physician, surgeon, dentist, or veterinarian. someone who has been presented with a doctor's degree can be called as Doctor. He is a Doctor of Philosophy.

The buying process of surgical equipment for the successful operation of a patient is initiated by the doctor and the hospital authorities.

Therefore, The doctor is responsible for supplying the required instruments for the surgery procedure.

learn more about doctors here:

brainly.com/question/9663298

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6 0
3 years ago
Select the correct answer.
Dima020 [189]

The correct option is A

<u>Explanation:</u>

Under the accrual basis of an accounting system, an expense has to be booked in the period in which it is incurred whether such an expense has been paid or not.

<u>The following Journal Entry will be passed in the books of accounts of a company: </u>

Wages account will be debited with an amount of 5000 and Wages Payable account will be credited with an amount of 50000

Thus, the correct answer will be option A from the given options.

5 0
3 years ago
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