Answer:
c. debit to Manufacturing Overhead of $87,000
Explanation:
Account Titles and Explanation Debit Credit
Manufacturing overhead $87,000
Accounts payable $87,000
(Being manufacturing overhead incurred)
Therefore, journal entry for actual manufacturing overhead costs would include a debit to manufacturing overhead of $87,000.
Manufacturing overhead is debited with $87,000 to record actual manufacturing overhead.
Answer:
The weighted average unit cost of the inventory at January 31 is $496
Explanation:
Weighted Average unit cost the average cost of units on hand on each day. It is calculated by dividing total inventory value by total available units.
Date Unit Received / Sold On Hand Unit Cost Balance
1/1 Inventory 540 units at $2.80 540 $1,512 $1,512
1/8 Purchased 960 units at $2.3 1500 $2208 $3,720
1/12 Sold 1,300 at ($3,720/1500) 200 $3,224 $496
equal payments paid at the end of regular intervals over a stated time period
Answer:
A) No, total values and imports and exports should be included in the calculation of the GNP.
Explanation:
The gross national product (GNP) must include the value of all imports and exports including intermediary goods.
Intermediary goods are goods used in the production of final goods, e.g. wood used to build a house. Intermediary goods can sometimes be final goods depending what use will be given to them, e.g. a tire is an intermediary good in the production of a car but it is also a final good when you buy a new tire to replace an old tire.
Answer:
The correct answer is II. Deciding between Singapore, London or Buffalo as the location for the construction of a new manufacturing facility.
Explanation:
Strategic Planning is a management tool that allows you to establish the task and the path that organizations must travel to achieve the planned goals, taking into account the changes and demands that their environment imposes. In this sense, it is a fundamental tool for decision making within any organization. Thus, Strategic Planning is an exercise in the formulation and establishment of objectives and, especially, in the action plans that will lead to achieving these objectives.
