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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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Wade is highly organized at work and keeps detailed to-do lists on his blackberry. he is never late. what personality trait does
sleet_krkn [62]

The answer is: Conscientiousness

People with high level of Conscientiousness Tend to have an inept personal desire to continue do they best thing they can in every task that they're assigned to.

This type of people tend to really discipline in managing their time and generally had higher chance in reaching high ranking position compared to average people.

4 0
2 years ago
Which document gives Congress the power to lay and collect taxes?
jarptica [38.1K]
The constitution is the correct answer
6 0
2 years ago
Matt works part-time and is paid $6.75 per hour. Determine Matt's gross pay (hours worked x hourly rate of pay) for last week wh
borishaifa [10]

Answer:

Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours is equal to $136.69

Explanation:

Per hour amount paid to Matt = $6.75

Total number of hours worked by Matt = 20.25

To find Gross pay, multiply hours worked and hourly rate of pay.

Therefore,

Matt's gross pay (hours worked × hourly rate of pay) for last week when he worked 20.25 hours =20.25(6.75)=\$136.6875 ≈ $136.69

5 0
2 years ago
If management identifies even one material weakness in internal control, then management will conclude that the organization’s i
solong [7]

Answer:

Statement is true

Explanation:

Internal control over financial reporting was designed to give assurance related to financial statements preparation and authenticity of financial reporting.

Material weakness refers to inefficiency in internal control which could lead to misstatement in financial statement thereby making financial reporting unreliable. As such, even one material weakness would prove ineffective internal control over financial reporting.

8 0
3 years ago
Assume that the market for pencils is perfectly competitive. The market equilibrium price is $0.50 and Perry's Pencil Company ha
Nata [24]

The marginal revenue is $0.5 which is being earned if the company sells one more pencil.

<h3>What is total revenue?</h3>

Total revenue is the amount being obtained by the firm after selling the goods and services in the market.

Given values:

Quantity sold: 10,000 units

Marginal quantity: 10,001 units

Equilibrium price: $0.50

Computation of marginal revenue earned:

\rm\ Marginal \rm\ revenue=\frac{ \rm\ Additional \rm\ revenue-\rm\ Total \rm\ revenue}{\rm\ Total \rm\ quanitiy - \rm\ Additional \rm\ quantity} \\\rm\ Marginal \rm\ revenue=\frac{ 10,001 \times\ \$0.50 - 10,000 \times\ \$0.50}{10,001-10,000} \\\rm\ Marginal \rm\ revenue=\frac{\$5,000.50-\$5,000}{1} \\\rm\ Marginal \rm\ revenue=\$0.50

Therefore, when the company sells one more pencil then it earned a marginal revenue of $0.50.

Learn more about the marginal revenue in the related link:

brainly.com/question/13563292

#SPJ1

6 0
1 year ago
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