Answer:
d. Work in Process 150,000 DEBIT
Wages Payable 150,000 CREDIT
Explanation:
The direct labor will the wages accrued for production orders. The general factory use will be part of the actual factory overhead. It should not be considered as direct labor. It is indirec tlabor, a component of manufactring overhead.
We debit work in process as it represent an assets, these units will be finished, sell and collected; completing the conversion cycle of assets.
While the wages are credited as thy represent an obligation to pay (liabilties)
El function complen por lost indicadores enonomicos=Bancos
Present Value involves discounting, and future value involves compounding.
The find present value of a dollar a year from now, we must discount by the discount rate, since a dollar a year from now is not worth as much as a dollar today.
To find the future value (in a year) of a dollar we receive today, we increase the dollar by the discount rate, since our dollar today is worth more than a dollar a year from now.
Answer:
writing insurance laws
Explanation:
The given question is incomplete and full is here:
Which of the following is NOT a duty of the Insurance Commissioner?
A. maintaining records
B. issuing certificates of authority to transact insurance business
C. writing insurance laws
D. conducting hearings
answer is C because there is authority known as NAIC (National Association of Insurance Commissioners) to formulate and regulate insurance laws
