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ELEN [110]
4 years ago
12

PB1.

Business
1 answer:
poizon [28]4 years ago
8 0

Answer:

A) Television repair  (Job costing)

B) Cell phone charge cords  (Process costing)

C) Glassware with company logo  (Job costing)

D) Dog food  (Process costing)

E) Golf balls  (Process costing)

F) Hotel signs to welcome guests  (Job costing)

G) Highlighters and pens (Process costing)

Explanation:

Job order costing is used with unique products, and the costing of the journal entry process is used for generic goods. While for short production terms job costing is implemented, the journal entry is used for large production terms. Journal entries cost aggregates, thus requiring less record keeping.

In that case:

A) Television repair  (Job costing)

B) Cell phone charge cords  (Process costing)

C) Glassware with company logo  (Job costing)

D) Dog food  (Process costing)

E) Golf balls  (Process costing)

F) Hotel signs to welcome guests  (Job costing)

G) Highlighters and pens (Process costing)

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Waterway Industries applies overhead on the basis of machine hours. Given the following data, compute overhead applied and the u
irina1246 [14]

Answer:

$30,000 under applied

Explanation:

For computing the over applied or under applied, first, we have to compute the predetermined overhead rate. The formula is shown below:

Predetermined overhead rate = (Total estimated manufacturing overhead) ÷ (estimated machine hours)

= $1,200,000 ÷ 300,000 hours

= $4

Now we have to find the applied overhead which equal to

= Actual machine hours × predetermined overhead rate

= 280,000 × $4

= $1,120,000

So, the ending overhead equals to

= Actual manufacturing overhead - applied overhead

= $1,150,000 - $1,120,000

= $30,000 under applied

6 0
3 years ago
Brief Exercise 229 On January 1, the Biddle & Biddle, CPAs received a $7,500 cash retainer for accounting services to be pro
Gnoma [55]

Answer:

                                                   Debit                  Credit

Unearned revenue                    $2,500

($7,500/3)

Revenue                                                                $2,500

Explanation:

The following adjusting entry shall be recorded in the accounts of the Biddle and Biddle, on January 31, in respect of revenue earned by it from accounting services:

                                                   Debit                  Credit

Unearned revenue                    $2,500

($7,500/3)

Revenue                                                                $2,500

5 0
4 years ago
Assuming that you’re recording the transactions on the first page of the journal, the page entry at the top right side of the jo
OverLord2011 [107]
The page entry at the top right side of the journal should be <span>J1.

Hope this helps!!</span>
7 0
3 years ago
Many substandard condo developments have been built by small corporations that declare bankruptcy or go out of business when leg
xenn [34]

Answer:

required these builders to post a surety bond.              

Explanation:-

A protection bond is described as just a three-party deal that technically bonds a contractor in need of the security, an obligatory in need of the bond and a security firm that markets the security. The contract promises that the trustee must behave according to certain legislation.

Therefore, a protection guarantee would be provided in the statutory remedy that just might minimize specific incentives for small condo-building companies.

If I'm considering purchasing a house in such a new facility, a few of the developer 's features would make purchasing more probable are his credibility on the industry as well as his regulatory compliance the specifics of the apartment.

3 0
3 years ago
Assault and battery is a tort not a crime when the action involves people who know each other
Mrac [35]

Answer:

it is an assault if they know you, but they can choose if you are accused of it.

Explanation:

4 0
3 years ago
Read 2 more answers
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