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Hitman42 [59]
3 years ago
12

Kilbuck manufacturing operates in a lean manufacturing environment. kilbuck's actual conversion costs for the month of may follo

w: direct and indirect labor $150,000 machine depreciation 85,000 maintenance and supplies 60,000 total conversion costs $295,000 the journal entry to record may's conversion costs will include:
Business
1 answer:
Brums [2.3K]3 years ago
3 0
Kilbuck Manufacturing operates in a lean manufacturing environment. Kilbuck’s actual conversion costs for the month of May follow:
<span><span>Direct and indirect labor $150,000
</span><span>Machine depreciation $85,000
</span><span>Maintenance and supplies $60,000
</span><span>Total conversion costs <span>$295,000
<span>The journal entry to record April's conversion costs will include:
</span>D. A debit to Raw and In Process Inventory

</span></span></span>Raw materials of all kinds are measured at the start<span> recorded into </span>a list plus<span> account with a debit to the raw materials inventory account and a credit to the accounts </span>collectible<span> account.When raw materials </span>are<span> consumed, the accounting treatment varies, </span>betting on<span> their </span>standing<span> as direct or indirect materials.</span>
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a. The disturbance handler role

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4 years ago
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Answer:

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<em>I hope this information can help you.</em>

9 0
4 years ago
Read 2 more answers
Cork Inc. declared a $160,000 cash dividend. It currently has 6,000 shares of 7%, $100 par value cumulative preferred stock outs
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Answer:

$124,000 is the correct answer if we use 6% which is the correct question scenario. If we take 7% then its

Explanation:

The cash dividend announced is $160,000. Remember the first payment goes to preferred shareholders and then the amount left would be distributed among the ordinary shareholders.

The dividend share of Preferred shareholders = 6000 shares * $100 par value * 6% fixed rate = $36,000

After deducting this amount from the dividend announce will go to ordinary shareholders and is calculated as under:

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Similarly if we use 7% fixed rate, then

The dividend share of Preferred shareholders = 6000 shares * $100 par value * 7% fixed rate = $42,000

After deducting this amount from the dividend announce will go to ordinary shareholders and is calculated as under:

Share of Dividend of ordinary shareholders = $160,000 - $42,000

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3 years ago
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4 0
3 years ago
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Hello!
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The answer to your question is "Moore's Law".
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The rule of thumb that predicts that cpu capacity will double every two years is called Moore's Law.
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8 0
4 years ago
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