1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
m_a_m_a [10]
3 years ago
8

Multiple Choice Question 50 When manufacturing overhead costs are assigned to production in a process cost system, they are debi

ted to a Work in Process account. the Finished Goods Inventory account. Cost of Goods Sold. a Manufacturing Overhead account.
Business
1 answer:
Zina [86]3 years ago
5 0

Answer:

they are debited to a Work in Process account

Explanation:

The journal entry to record the assignment of manufacturing overhead costs to production in a process cost system is done as follows:

Work - In Process (debit)

Overheads (credit)

You might be interested in
The lower the times interest earned ratio the more likely
Fantom [35]

A higher times interest earned ratio is more favorable. It is very likely with a low ratio that a default in payment will occur because the company would not have enough money to cover outstanding interest cost.

6 0
4 years ago
The 12-month period that ends when a company's sales activities are at their lowest level is called the:
loris [4]
Natural business year 
4 0
4 years ago
Read 2 more answers
Please show all work in excelGreat Lakes Shipping is an all-equity firm with anticipated earnings before interest and taxes of $
padilas [110]

Answer:

$2,163,171

Explanation:

We use the MM model with taxes to evaluate a firm with financial leverage

V_l = V_u + t \times D\\$Where:\\V_l = $value of the levered firm\\Vu = value of unlevered firm\\D = debt of thee firm\\t = tax rate

D x t = 1,250,000 x 0.36 = 450,000

<u />

<u>Now we calcualte the value of the firm without financial leverage:</u>

The unlevered firm will produce 439,000

It pays taxes for 36% and no interest expense so his net income will be

439,000 x ( 1 - 0.36) = 280,96‬0

then we calculate using the cost of equity the value of the firm usng the perpetuity formula:

280,960/.164 = 1,713,170.73 = 1,713,171

Now we add the debt tax shield to calculate the firm value with leverage

1,713,171 + 450,000 = 2,163,171

6 0
3 years ago
The arranging of experimental units or subjects into different groups so that the experimental units or subjects are similar to
icang [17]
Usually experiments are done by random assignment of the subjects or objects. This helps the study reduce bias and other potential threats to the credibility of the study. Thank you for your question. Please don't hesitate to ask in Brainly your queries. 
5 0
3 years ago
A. Fiscal Policy involves changing _______________. In the United States, Fiscal Policy is implemented by the ____________.
Ede4ka [16]

Answer:

a. Fiscal Policy involves changing <u>government purchases and tax</u>. In the United States, Fiscal Policy is implemented by the <u>federal government</u>.

b. <u>An expansionary fiscal policy </u>can be used to address a Recessionary Gap by<u> </u><u>reducing</u><u> </u>taxes and <u>increasing</u><u> </u>government purchases.

Explanation:

Fiscal policy can be described as the employment of the government purchase and taxation level by the federal goveernment with the aim of influencing the aggregate demand and economic activity level.

Expansionary fiscal policy occurs when the government increases its purchases and reduces taxes in order to close Recessionary Gap, while contractionary fiscal policy is when the government reduces it purchases and increases taxes.

Based on this explanation, we have:

a. Fiscal Policy involves changing <u>government purchases and tax</u>. In the United States, Fiscal Policy is implemented by the <u>federal government</u>.

b. <u>An expansionary fiscal policy </u>can be used to address a Recessionary Gap by<u> </u><u>reducing</u><u> </u>taxes and <u>increasing</u><u> </u>government purchases.

6 0
3 years ago
Other questions:
  • Lupe rented her personal residence for 13 days to summer vacationers for $3,800.
    14·1 answer
  • The government of lenzerbia, a country in south asia, monitors its inflation rate using an index that measures change over time
    12·2 answers
  • If you were required to estimate the average return for one category of securities for the coming​ year, history tells us that y
    12·1 answer
  • How do street crime and white-collar crime compare in terms of cost to society and prevalence?
    7·1 answer
  • On January 1, 2021, Tiger Corporation acquired as long-term investment $1,000,000 of 8% bonds, dated January 1. Company manageme
    10·1 answer
  • g Jack and Jill borrow $21,000 at 7.2% amortized over 6 years to drill a well and renovate their kitchen and bathrooms. Assuming
    15·1 answer
  • Fad City sells novel clothes that are subject to a great deal of price volatility. A recent item that cost $20 was marked up $12
    14·1 answer
  • According to an article in the Wall Street Journal​, in​ 2016, ​Moody's Investors Service has agreed to pay​ $130 million to end
    8·1 answer
  • A SWOT analysis provides organizational strategists with key information and a realistic assessment and understanding of both th
    5·1 answer
  • When deciding whether to hire an additional worker, firms look at how the additional worker would affect?
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!