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iris [78.8K]
3 years ago
9

When direct labor employees contribute to the production process, the cost of their labor is recorded by debiting: O Wages Expen

se. Direct Labor. Work in Process Inventory. Manufacturing Overhead
Business
1 answer:
lutik1710 [3]3 years ago
6 0

Answer:

The correct answer is letter "C": Work in Process Inventory.

Explanation:

Work in Process Inventory is an asset in the company's Balance Sheet. It represents the accumulated cost of unfinished goods that are currently in the manufacturing process. Companies that manufacture large or customer-made items typically use a work in progress inventory system to record labor, raw material, and overhead.

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What should the accumulated depreciation equal at the end of the asset's useful life?
Advocard [28]

What should the accumulated depreciation equal at the end of the asset's useful life The Balance In Accumulated Depreciation Will Be The Same Amount Under all the depreciation methods.

The depreciation of an asset up to one point in its life is referred to as accumulated depreciation. Since accumulated depreciation is a counter asset account, its natural equilibrium is a credit that lowers the asset's total value. General accepted accounting principles (GAAP) require that expenses be matched to the same accounting period in which the relevant revenue is generated. This is known as the matching principle. A business will depreciate a portion of a capital asset's value over the course of each year of its useful life. This implies that the expense related to using up an asset that has been capitalised is reported every year the asset is put to use and generates income.

Learn more about depreciation here

brainly.com/question/15085226

#SPJ4

8 0
1 year ago
Gdp excludes most items that are produced and sold illegally and most items that are produced and consumed at home because
nataly862011 [7]

Answer:

Gdp excludes the most of items that are produced and sold illegally and also most of the items that are produced and consumed at home because the products which are illelegal are not sold under government policies and are not authorised.

Explanation:

GDP: It is been referred as the total value of all the goods and services which has been produced for the marketplace within one year's period and within our national borders.

Measurment of GDP:  

  • It will record only the value of final output of goods no intermediate goods are included in it.
  • The output here is valued only at its market prices.
  • It measures the values of both tangible and intangible services.
  • It measures the values of goods which are produced within the geographic boundaries of country.

Where this GDP is countable:

It is countable only where the products are produced in economy and are being sold legally in the markets.

Excludes the products being sold illegally.

3 0
3 years ago
The listing and selling brokers agree to split a 7% commission fifty-fifty on a $96,900 lot sale. The listing broker is on a 30%
Sergio039 [100]

Answer:

1,187.03

Explanation:

he listing and selling broker each get 50% of the 7 5 commission.

The commission equal  7/100 x $96,900

Each broker gets   =3,391.5

The selling broker (broker working with the buyer) get 35 % of  3,391.5

=35/100 x 3,391.5

=1,187.025

=1,187.03

5 0
3 years ago
A junior marketing executive at MegaGrain Cereals suggest increasing the package size and price of its best selling brand withou
Zepler [3.9K]

Answer: True- Creating and maintaining satisfying exchange relationships

Explanation:

  Yes, the given answer is true that the most of the organizations and companies are basically depend upon maintaining and also creating the various types of satisfactory exchange relationship in the business.

 The creating satisfying relationship with the customer or the users is one of the important factor as it maintaining the good relationship with the company and helps in increase the growth of an organization.

According to the question, the Mega Grain's cereals is one of the company that depends upon maintaining the exchange relationship in the market by offering various types of satisfactory products to the customers.      

 Therefore, the given answer is correct.    

3 0
3 years ago
Henry has attempted to jog 4 days a week for several months but has not been successful; however, he continues to express desire
bearhunter [10]
He is in behavioural change
8 0
3 years ago
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