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
Butoxors [25]
3 years ago
12

Knowledge Check 03 During January, Dream House Builders, Inc. incurred $550 of actual indirect materials costs, as supported by

materials requisitions. Complete the necessary journal entry by selecting the account names and dollar amounts from the drop-down menus.
Business
1 answer:
TEA [102]3 years ago
5 0

Answer:

Debit:  Work in Process Inventory $550

Credit: Actual Indirect Material Costs $550

<em>Transferred Raw Material to Production.</em>

Explanation:

Material Requisition is form in which a production department requests a Raw Material Department to release the Raw Material into a Production Phase.

The Indirect Material costs are those which are not easily identified and are not usually a part of finished good or end product.

The Cost of Actual Indirect Material is given so we can have the above Journal entry for material requisition.

You might be interested in
A dog grooming business is walking through the target market defining process and is now asking questions about its potential cu
siniylev [52]

Answer:

A

Explanation:

4 0
3 years ago
Money provided by a third party to help students meet the costs of attending college. It can be provided by various agencies inc
artcher [175]

Answer:

Financial aid.

Explanation:

For American citizens, the dream is of going into higher education. but the tuition cost is very expensive as not everyone can offered such expensive fees for enrolling into a course. The different course has different fees. For supporting the people in their financials, many organizations like public, state, financial institutions help them.

So here in the given scenario, the financial aid is the best option fitted.

7 0
3 years ago
If the windshield division is operating at full capacity, what transfer price should be used on transfers between the windshield
Nikolay [14]

The possible transfer prices that could be used on transfers between the Windshield and Assembly divisions is $200 to $450.

The first piece of glass you see on most cars is the windshield. Also known as European car windshield. Windshields play an important role in supporting the vehicle structure and protecting the driver and passengers. The windshield protects occupants from wind, dust, insects, rocks and other flying objects and provides an aerodynamically shaped front panel. By applying UV coating, you can block harmful ultraviolet rays.

However, most car windows are made of laminated safety glass, so this is usually unnecessary. Most of the UV-B is absorbed by the glass itself and the remaining UV-B is absorbed by the PVB tie layer along with most of the UV-A.

Learn more about windshields brainly.com/question/15532277

#SPJ4

7 0
2 years ago
Debt-to-equity ratio is:
babymother [125]
The D/E ratio indicates how much debt a company is using to finance its assets relative to the value of shareholders' equity
5 0
3 years ago
The following transactions were made by Ruby Inc. last year:
Juliette [100K]

Answer:

OPtion (C) is correct.

Explanation:

Given that,

Issuance of common stock = $100,000

Dividends paid to the company's stockholders = $2,000

Depreciation expense = $6,000

Repayment of principal on bonds = $40,000

Proceeds from the sale of the company's used equipment = $39,000

Purchase of land = $230,000

Cash flow from financing activities:

= Issuance of common stock - Dividends paid to the common stockholders - Repayment of principal on the company's own bonds

=  $100,000 - $2,000 - $40,000

= $58,000

Therefore, the net cash inflow from financing activities is $58,000.

8 0
3 years ago
Other questions:
  • 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
  • Diego owns and operates a small business with only four full-time employees and less than $700,000 in annual sales. He currently
    7·1 answer
  • During the recession of 2007−2009, the u.s. federal government's tax collections fell from about $2.6 trillion down to about $2.
    13·1 answer
  • A company paid Jen Rogers, its sole stockholder, a total of $25,000 in dividends during the current year. The entry needed to cl
    8·1 answer
  • Why do we have elections when the president could just pass it on to another person?
    13·1 answer
  • Joe Donney operates a roller skating center. He has just received the monthly bank statement at August 31 from Citizens National
    7·1 answer
  • Question 9 of 10
    12·1 answer
  • company leaders expect advertising agencies to produce tangible outcomes with an increasing emphasis on ______.
    5·1 answer
  • Explain any 2 objectives of a multinational firm with regard to its compensation policies?
    6·1 answer
  • The ratio of the percentage change in the quantity supplied of a good/service/e-good/e-service to a given percentage change in i
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!