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
ziro4ka [17]
3 years ago
11

"Marshall Enterprises charged the following amounts of overhead to jobs during the year: $20,000 to jobs still in process, $60,0

00 to jobs completed but not sold, and $120,000 to jobs finished and sold. At year-end, Marshall Enterprise's Factory Overhead account has a credit balance of $5,000, which is not a material amount. What entry should Marshall make at year-end?"
Business
1 answer:
4vir4ik [10]3 years ago
3 0

Answer:

Given that,

Jobs still in process = $20,000

Jobs completed but not sold = $60,000

Jobs finished and sold = $120,000

Marshall Enterprise's Factory Overhead account has a credit balance of $5,000

Therefore, the journal entry is as follows:

Factory overhead A/c Dr. $5,000

          To Cost of goods sold A/c      $5,000

(To record the cost of goods sold)

You might be interested in
What two companies rate and publish bonds? a. Poor Richard s and Moody s c. Sampson s and Monroe s b. Standard and Poor s and Mo
Andrej [43]
I think the correct answer from the choices listed above is option B. The two companies that rates and publish bonds are Moody's and Standard's and Poor. These companies had <span>maintained high level of credibility and their ratings are highly respected worldwide. Hope this answers the question.</span>
5 0
3 years ago
Read 2 more answers
A gracious welcome by an employee at the hotel check-in counter is an example of:
hammer [34]
<span>This is the "moment of truth." These are the times at which good customer service and pleasant interactions with staff can make an experience enjoyable or it can break the trust of a customer, not to be easily repaired. Moments of truth can take place many times during an interaction or transaction, and need to be carefully monitored to make sure that the best service actions known are being taken.</span>
5 0
3 years ago
How many points are in the LEED-NC rating system?<br><br> A. 21<br> B. 45<br> C. 69<br> D. 110
Lerok [7]
B is the answer I hope this helps
7 0
3 years ago
Read 2 more answers
You are considering buying one of two types of health insurance, both with the same premium. You guess that in the next year the
dybincka [34]

Answer and Explanation:

The computation is shown below:

a. The expected value of payout arise from emergency is

= 0.01 × $67,500

= $675

b. The expected value of payout arise from capped coverage insuance is

= (0.9 × $500) + (0.09 × $2,500)

= $675

c. The risk averse shows the minimum exposure with respect to the swings of the income or there would be the loss in the income. Since the payout amount is same in both the cases so here we considered option B

8 0
3 years ago
How is productivity calculated
Alenkinab [10]

Answer:

productivity is calculated by using formula

Explanation:

formula = total output/ total input

3 0
3 years ago
Read 2 more answers
Other questions:
  • Your father has $500,000 invested at 8%, and he now wants to retire. He wants to withdraw $50,000 at the end of each year, begin
    11·1 answer
  • Because it is possible for investigators to confuse the suspect and destination disks when performing imaging, and to preclude a
    6·1 answer
  • Given the following information, determine net income. The retained earnings balance on January 1, 2018, equals $58,000; dividen
    15·1 answer
  • What is the best way to put together a business plan ?
    10·1 answer
  • Linda, a manager at Addoso Inc., is writing a proposal on how a new work benefit will affect employees' attitude toward their jo
    6·2 answers
  • RadioWaves, Inc. is a manufacturer of weather radios. It has two departments: assembly and testing. In March 2018, the company i
    10·1 answer
  • A firm has total debt of $1,360 and a debt-equity ratio of 0.21. What is the value of the total assets
    8·1 answer
  • Which two of the following financial institutions offer checkable deposits included within the M1 money supply? Instructions: In
    7·1 answer
  • CHECKPOINT QUESTION
    15·1 answer
  • How would a strong u.s. dollar impact the trade of grain produced in the united states? quizzez
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!