Answer:
Explanation:
Direct labor and factory overhead
 
        
             
        
        
        
Answer:
the balance in the Cash account should be C : $25,000.
Explanation:
Assets=(Liabilities+Owner’s Equity)
Assets= Cash+account receivable+Suplies+Equipment
Cash                       25.000
Acoount Receivable    5.000
Supllies                      12.000
Equipment              18.000
Assets                     60.000
  
Account Payable        17.000
Liabilities              17.000
  
Stakholder equity       43.000
Equity                       43.000
Liabilities+ Equity       60.000
 
        
             
        
        
        
The document is known as W-4  Form. You fill this form when you are claiming your allowances, but it also helps to guide your boss on how much money should be withheld from your paycheck for federal taxation.
        
             
        
        
        
Answer:
A
B
C
D
Explanation:
LIFO means last in first out. It means that it is the last purchased inventory that is the first to be sold.
FIFO means first in, first out. It means that it is the first purchased inventory that is the first to be sold
Weighted average cost method calculates the cost of goods sold as the weighted average of cost of inventory
In periods of rising prices, later purchased goods would have a higher price. As a result, LIFO would report a lower net income while companies using FIFO would report the highest gross profit and net income.
Because of the high net income reported under FIFO, tax paid would be the highest too