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mariarad [96]
3 years ago
7

Pr��� in the general journal and general ledger stands for

Business
1 answer:
Rina8888 [55]3 years ago
5 0
<span>b. posting reference. </span>
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Each of these statements is true if you work forty-five hours in the same pay period:
Lilit [14]

Answer:

You will have worked five hours overtime

Explanation:

In standard work hours in most companies/organizations, the work hours weekly is usually 40 hours.

So if on works for 45 hours in the same pay period, it means such a person has worked 5 additional hours which is overtime.

Thus, option C is correct.

7 0
3 years ago
Capable Golf Cart, Inc. (CGC) manufactures two models of golf cart: LX and EX. The budget data for next month is available. LX E
Nuetrik [128]

Solution :

1. Allocation on the basis of $\text{Direct labor hours}$

                                              LX                               EX

Direct Material                    125000                       90000

Direct $\text{labor}$ cost                  90000                       60000

Manufacturing overhead      $81000$                        $121500$

                              (202500/5000 x 2000)     (202500/5000 x 3000)

Total cost                             296000                       271500

Units produced                       50                               30

Cost per unit                          5920                           9050

2. Allocation on the basis of $\text{Direct labor costs}$:

                                              LX                               EX

Direct Material                    125000                       90000

Direct labor cost                  90000                       60000

Manufacturing overhead    121500                       81000

                        (202500/150000 x 90000)     (202500/150000 x 60000)

Total cost                             336500                       231000

Units produced                       50                               30

Cost per unit                          6730                           7700

3. Allocation on the basis of $\text{machine hours}$

                                              LX                               EX

Direct Material                    125000                       90000

Direct labor cost                  90000                       60000

Manufacturing overhead    112500                        90000

                              (202500/2700 x 1500)     (202500/2700 x 1200)

Total cost                             327500                       240000

Units produced                       50                               30

Cost per unit                          6550                          8000

5 0
3 years ago
A partner withdraws from a partnership by selling her interest to another person who currently is not associated with the firm.
muminat

Answer:

The answer is letter D.

Explanation:

A partner withdraws from a partnership by selling her interest to another person who currently is not associated with the firm. As a result of this transaction, the capital account balance of the other partners in the partnership wil remain the same.

5 0
3 years ago
What do you think of when you hear the word geography?
professor190 [17]
physical properties of Earth's surface and the human societies spread across it.
6 0
3 years ago
Read 2 more answers
Based on the net income of the shop, the sales staff at francesca's fashions receive performance bonuses. in periods of declinin
qaws [65]
The best method for this case would be the one known as LIFO. This method, also known as The last in, First out, is fitting for the sales staff. Have in mind that this method is used to place an accounting value on inventory. This method states that the last item of the inventory is the first one sold which would benefit the sales staff. 
8 0
3 years ago
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