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levacccp [35]
3 years ago
11

When Factory Wages Payable costs for labor are allocated in a job cost accounting system: rev: 11_27_2015_QC_CS-34722 Multiple C

hoice Factory Wages Payable is debited and Work in Process Inventory is credited. Work in Process Inventory and Factory Overhead are debited and Factory Wages Payable is credited. Cost of Goods Manufactured is debited and Direct Labor is credited. Direct Labor and Indirect Labor are debited and Factory Wages Payable is credited. Work in Process Inventory is debited and Factory Overhead is credited.
Business
1 answer:
kogti [31]3 years ago
7 0

Answer:

When Factory Wages Payable costs for labor are allocated in a job cost accounting system:

Direct Labor and Indirect Labor are debited and Factory Wages Payable is credited.

Explanation:

The Factory Wages Payable costs will always be allocated to direct labor or indirect labor.  These two accounts will, therefore, be debited while Factory Wages Payable is credited for these unpaid factory wages at the end of the accounting period.

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Increasing your 401k deduction will ________ your take-home pay and __________ your federal taxes in the current year.
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Answer: Decrease your take-home pay and decrease your federal income taxes in the current year. A 401k allows you to deduct earnings from your current income, and put that money in an account that cannot be opened until around retirement. The money put into a 401k, and the returns earned on that money through interest or investments, is not taxed as income until you take it out after retirement. This means that, when you put some of your earnings in a 401k, your take-home pay is lower for that year (you can't spend that money) and your income tax is reduced. 
3 0
3 years ago
Which of the following is an example of a strategic action?
Pavlova-9 [17]

Answer:

Option D. Entry into the European market by Home Depot.

Explanation:

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8 0
3 years ago
When the indirect method is used, if accounts receivable increases during the accounting period, the change in accounts receivab
liberstina [14]
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4 0
3 years ago
Lena and Joe are two of the partners in a business Lena makes $3 in profits for every $4 that Joe makes if Joe makes $60 profit
melomori [17]
Lena makes $45 profit.

Extra information:

The amount of profit Lena makes is 3/4th of the profit Joe makes, seeing as when Joe makes $4 profit, Lena makes $3 and $3 is 3/4th of $4. Therefore, when Joe makes a profit of $60, Lena makes a profit of (60 x 3/4) $45.
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3 years ago
Costs that can be easily and conveniently traced to a specific product are called ______ costs.
vaieri [72.5K]

Answer:

A direct cost

Explanation:

7 0
2 years ago
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