Answer:
1. Journal Entry Debit Credit
Raw materials inventory $73,400
($72,000 + $1,400)
Accounts payable $73,400
(Being raw materials purchase on credit)
2. Journal Entry Debit Credit
Work in process $64,300
($64,000 + $300)
Raw materials inventory $64,300
<u>Raw Material Inventory Account</u>
Beginning balance $36,000 | Work in process $64,300
Purchase $73,400 | <u> </u>
| Ending balance <u>$45,100</u>
| ($36,000 + $73,400 - $64,300)
Answer:
Following are the solution to this question:
Explanation:
Please find the complete question in the attachment file.
Applied to fixed overhead
Overhead fixed by DL hr. 
DL hours standard 
Application of fixed overhead 
Variance in volume
Application of total fixed overhead 
Fixed total estimates Superfast 
Variance of volume 
Answer:
Organizational justice
Explanation:
Organizational justice concerns employees' understanding of fairness, results, and processes within a company. Distributive, procedural, and interactional are the three types of organizational justice that companies must embrace in order to have happy and productive employees.
Answer:
If negative externalities pop up in a market, the equilibrium is higher than the efficient output.
Thus when it comes to the government rectification regarding the side effects of that commercial , activity, if the amount of bags is (1) then the new equilibrium would be: <em>p*= $17</em>
Answer:
Operate mine 1 four 4 days and mine 2 during 6 days to obtain minimum cost for the desired output of 850 gold and 18,000 silver
Explanation:
We generate the equation system on excel:
(50g + 3000s) Q_1 --> output generated on Mine 1
(75g + 1,000s) Q_2 --> output generated on Mine 2
12,000 Q1 + 17,000 Q2 = cost of the mines
we do solver to minimize the days of each mine considering a desired output of 18,000 silver and 650 gold:
and get the following:
M1 4 days output: (50g + 3000s) 4 = 200 g 12,000s
M2 6 days output: (75g + 1,000s) 6 = 450g 6,000s
Cost: 12,000 x 4 + 17,000 x 6 = 150,000
