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
SCORPION-xisa [38]
3 years ago
14

The production engineers have prepared a report detailing the types and amounts of inventory required for production. This docum

ent is then checked against the raw materials record to determine how much material must be purchased for production. Which source document is being​ described? A. Job Cost Record B. Receiving Report C. Bill of Materials D. Raw Materials Record
Business
1 answer:
IceJOKER [234]3 years ago
5 0

Answer:

C. Bill of Materials

Explanation:

The engineers make the list and then it is checked against the raw materials record to know how much existences are for each of the raw materials requested.

This is done to create some control, as the person that make the bill aren't the person who check the inventory therefore, they cannot overstate or understate the materials as they will be checked for the amount used.

You might be interested in
The following details relate to the main process of W Limited, a chemical manufacturer: Opening work in progress ............200
larisa [96]

Answer:

domain is very talk to fulfill their very great fun nice occasionally maintenance method question complaint as to concession the number of incidents when I was limited to age 18 19 events

3 0
2 years ago
Chandler Co. has a loan that accrues interest at a rate of $28 a day. The company pays the interest once a quarter. What adjustm
prohojiy [21]

Answer:

The Adjustment Entry for accrual of Interest Expense will be as follows:

                                              Dr.       Cr.

Interest Expense                $840

Interest accrued Payable               $840

Explanation:

Interest per day = $28

Interest expense for the Month = $28 x 30 = $840

$840 of Interest expense will be accrued at the end of the month and it should be adjusted accordingly.

3 0
3 years ago
Labor data for making one gallon of finished product in Bing Company are as follows. (1) Price—hourly wage rate $16.70, payroll
blondinia [14]

Answer:

a. Standard direct labor rate per hour = Hourly wage rate + Payroll taxes + Fringe benefits

Standard direct labor rate per hour = $16.70 + $0.60 + $1.40

Standard direct labor rate per hour = $18.70

b. Standard direct labor hours per gallon = Actual production time + Rest periods and cleanup + Setup and downtime

Standard direct labor hours per gallon = 1.60 hours + 0.30 hours + 0.20 hours

Standard direct labor hours per gallon = 2.1 hours

c. Standard labor cost per gallon = Standard direct hours per gallon * Standard direct labor rate per hour

Standard labor cost per gallon = 2.1 hours * $18.70

Standard labor cost per gallon = $39.27

7 0
3 years ago
Accounting professors earn more than English professors at most universities. Explain this with a supply and demand graph.
GenaCL600 [577]
I will assume here (since I don't have more information) that each school needs one English and one Accounting professor, but that more people are ready to teach English than accounting (this assumption might be wrong, but it's what  think)

therefore the supply is bigger for the English professors than for the Accounting professors -this means that the accounting professors can ask for bigger salary (the bigger the supply, the smaller the prize)

3 0
3 years ago
Candle Stix estimates that 2% of the $100,000 balance in accounts receivable is uncollectible. Prior to year-end adjusting entri
Mnenie [13.5K]

Answer:

$97,600

Explanation:

First, we need to get the value for uncollectible in accounts receivable

= 2% Multiplied by balance in accounts receivable as uncollectible

= 2% × 100,000

= $2,000

We will then subtract the balance above which is the uncollectible from the accounts receivable

= $100,000 - $2,000

= $98,000

The net realizable value would the be ;

= $98,000 - $400

= $97,600

8 0
3 years ago
Other questions:
  • Kent bought a $2,000, 20-year U.S. Treasury bond that paid six percent annual yield when he was 22. How much would that bond be
    10·1 answer
  • Suppose a firm that makes appliances merges with a company that produces running shoes, and it later also buys a dairy. what is
    15·1 answer
  • In the 1970s, Atari singlehandedly created a market for home video games, offering a console and cartridges that contained games
    11·1 answer
  • Rinker Audio Products wants to adopt the total quality management (TQM) philosophy as developed by, among others, W. Edwards Dem
    12·1 answer
  • Mindy's, a fashion brand, has a significant cost benefit that facilitates success in international markets in which price plays
    8·1 answer
  • Brenda Young desires to have $20,000 eight years from now for her daughter's college fund. If she will earn 4% (annually compoun
    11·2 answers
  • Which of the following is TRUE regarding the significant events in operations​ management? A. The concept of linear programming
    14·1 answer
  • You have two employees who report directly to you. One is making $36,000/year and the second is making $24,000/year. You feel th
    11·1 answer
  • Where would the equllbrillim price be located, and how much is the equllbrillim price?
    12·2 answers
  • There are 10,000 shares of $20 par value cumulative 7 percent preferred stock outstanding, and 90,000 shares of common stock out
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!