1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
maria [59]
3 years ago
12

The Wilson Company purchased $32,000 of merchandise from the Poole Wholesale Company. Wilson also paid $2,500 for freight costs

to have the goods shipped to its location. Which of the following statements regarding the necessary entries for the transactions is true? Wilson uses the perpetual inventory system.
Business
1 answer:
ArbitrLikvidat [17]3 years ago
3 0

Answer:

Total debits to the inventory account would be $34,500

Explanation:

Since the company uses the  perpetual inventory system. They are aware of the cost of each merchandise.  Also freight costs are included in the inventory cost since this cost are needed in order to get the inventory.

You might be interested in
______ resemble credit cards, but they are a form of cash. select one:
Zepler [3.9K]
<span>Smart cards, stored-value money cards and electronic tendering cards </span>resemble credit cards, but they are a form of cash. A credit card allows the person who has it to have merchandise, food, travel to different countries that is charged to his or her account. The money is stored in this card and can be en cashed anytime he wanted to. 
8 0
3 years ago
The manufacturing cost per unit for absorption costing is:
saveliy_v [14]

Answer:

Always higher than manufacturing cost per unit for variable costing.

Explanation:

Absorption costing continuously contains fixed overheads similarly while computing the manufacturing cost.  

Conversely, under variable costing only adjustable overheads were included.

Thus, the manufacturing cost under absorption costing method is always higher than variable costing method  

Therefore, per unit cost will always be higher under absorption costing than in variable costing.

So, option C is the correct option

3 0
3 years ago
You are asked to complete a short survey after attending a free comedy show on campus. If the first question asked you to give a
klio [65]

Answer: A Semantic Differential Scale question.

A rating scale question is a type of a closed-end question in which the person who takes the survey assess the question on a given scale.  

A rating scale may be a Likert scale or a Semantic differential scale.

In a Likert scale the choices usually range between strongly agree and strongly disagree.  

In a semantic differential scale, however, each end of the scale has opposing sentences. In the question above, the five-point scale ranges from “hilarious” to “not funny”. Since this scale has opposing sentences at each end, this question is a semantic differential scale question.


6 0
3 years ago
The cost of a trade-off is known as its
vlabodo [156]

the answer is A because the term trade off is often expressed as an opportunity cost

4 0
3 years ago
If consumers start to believe they need a product, what is likely to happen?
netineya [11]
I assume that they would  buy it. Thats why we have so many ads and commercials. 
5 0
3 years ago
Read 2 more answers
Other questions:
  • Equity refers to.
    15·1 answer
  • Someone please help me.
    9·1 answer
  • Which of the following would increase productivity? Group of answer choices A. an increase in the physical capital stock per wor
    14·1 answer
  • Which of the following does not influence the inner workings of a free market?
    13·1 answer
  • Effect of Transactions on Cash Flows
    5·1 answer
  • Cheyenne Repair Shop had the following transactions during the first month of business as a proprietorship. Journalize the trans
    10·2 answers
  • If you need to set up direct deposit, which information from your check would you likely need? Check number Memo line Numerical
    14·1 answer
  • Monica, a sales consultant, will receive a performance appraisal soon. Monica's supervisor will be assessing Monica's ability to
    5·1 answer
  • Country Furniture Company manufactures furniture at its? Akron, Ohio, factory. Some of its costs from the past year? include:
    8·1 answer
  • The following standards for variable manufacturing overhead have been established for a company that makes only one product: The
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!