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
Darina [25.2K]
3 years ago
14

Work-in-process that is being transferred into a department is debited to that work-in-process account, while work-in-process th

at is being transferred out of a department is credited to that work-in-process account True False
Business
1 answer:
oksian1 [2.3K]3 years ago
4 0

Answer:

True

Explanation:

Work in process refers to those goods which require further processing. When a department transfers work in process(WIP) to another department, the recipient department's stock of WIP is debited i.e debit the receiver principle.

Similarly work in process that is being transferred out of a department would be recorded like Purchase return i.e credit what goes out.

A debit in WIP account increases it's balance whereas a credit in WIP account reduces it's balance.

You might be interested in
One of the most important ingredients in bubble tea is the tapioca pearls that are added to the tea. If the price of tapioca flo
Mamont248 [21]

Answer: The correct answer is "d) The supply of bubble tea will decrease.".

Explanation: If everything else remains constant: An increase in the price of tapioca flour causes producers a higher cost, therefore this higher production cost will cause a decrease in supply.

4 0
3 years ago
If your 2 brothers are fighting how do u get them to stop
AleksandrR [38]
Put them over your knee and spank them
or just get the chancla
7 0
3 years ago
Read 2 more answers
Merticao, a French textile company, supplied most of its products to its primary market in Hestonia, a North American nation. Ho
Paraphin [41]

Answer:

reduce risk

Explanation:

In the case when hestonis faced an economic downturn so here the expenditures are to be decreased also merticao starts for focusing more on the domestic market so here the loss should be survived due to decreased the risk in teh global trade in the primary market

Hence, the above term should be fit to the given situation

3 0
3 years ago
Frank, a marketing manager, has often noticed that his team members do not communicate with each other and are rarely present fo
Kipish [7]

Answer:

Cohesiveness

Explanation:

The measure of the level of unity in a group or team is called cohesiveness. It is a measure of how communicative the members of a team are. It describes the linking bond among them that makes them act as a team.

Cohesiveness is important because it also affect the extent to which members of a team are committed to working with centrally defined strategies and decisions. A cohesive team is a team that with increased morale and it also helps to boost productivity.

The feeling of being part of something big helps highly cohesive teams to achieve great job performance.

The lack of cohesiveness in Frank's team is evident in the low level of communication as well as the low level of productivity.

6 0
3 years ago
Ashland Corporation estimates its manufacturing overhead costs to be $360,000 and its direct labor costs to be $400,000 for 2020
denis23 [38]

Answer:

Allocated MOH= $180,000

Explanation:

Giving the following information:

Manufacturing overhead is applied to jobs based on direct labor costs using a predetermined overhead rate.

The estimated manufacturing overhead costs are $360,000 and direct labor costs $400,000.

First, we need to calculate the MOH rate:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

Estimated manufacturing overhead rate= 360000/400000= $0.9 per direct labor dollar.

The actual manufacturing labor costs for job 3 are $200,000.

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Allocated MOH= 0.9*200000= $180,000

7 0
3 years ago
Other questions:
  • You’ve been asked to add a new customer for your client in their QuickBooks Online company, so, you go to the Sales Center and s
    8·1 answer
  • In 2016, Southwest Airlines had negative net working capital of $(2,346) million and current assets of $4,498 million. The firm’
    9·1 answer
  • The​ _________ of forecasting is a process of gaining consensus from a group of experts
    5·1 answer
  • Generally Accepted Accounting Principles are a. theories that are based on physical laws of the universe. b. principles that hav
    15·1 answer
  • A dealer bought an item for $7, sold it for $8, bought it back for $9, and sold it for $10. how much profit did she make?
    8·1 answer
  • How much times 4 can co go to '80?
    6·1 answer
  • At the beginning of her current tax year, Angela purchased a zero-coupon corporate bond at original issue for $30,000 with a yie
    15·2 answers
  • Which of the following statements is CORRECT? a. If an investor buys enough stocks, he or she can, through diversification, elim
    10·1 answer
  • The following information relates to last year's operations at the Legumes Division of Gervani Corporation:
    13·1 answer
  • What is the role of a consumer in the economy nation
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!