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
Nadya [2.5K]
3 years ago
5

Flying High Manufacturing produces frisbees using a threeminusstep sequential process that includes​ molding, coloring and finis

hing. When the frisbees and associated costs are transferred from the molding process to the coloring​ process, which account is​ credited?
A. Raw Materials Inventory
B. WIP InventoryminusFinishing
C. WIP InventoryminusMolding
D. WIP InventoryminusColoring
Business
1 answer:
Gnom [1K]3 years ago
6 0

Answer:

C. WIP InventoryminusMolding

Explanation:

Crediting is the amount or the items leaving the account, so since the Molding inventory is the one letting go of things, this is in the positive part of the T graph, so since it is having a credit, since it is providing it, the C. WIP InventoryminusMolding  is the one that is being credited, on the other hand you should debit the WIP InventoryminusColoring since it is the one receiving the products.

You might be interested in
if Alexis invest $2,000 into a fund that earns 5.5% interest compounded annually, how long will it take for her investment to gr
madreJ [45]

Answer:

73 years

Explanation:

To solve this problem, we can use the formula for the annual compound interest, which is:

A=P(1+r)^t

where:

A is the final amount after time t

P is the principal

r is the rate of interest

t is the time

In this problem, we have:

P=\$2000 is the principal

r=0.055 is the interest rate (5.5%)

We want to find the time t at which the amount of money is

A = $100,000

Therefore, we can re-arrange the equation and solve for t:

(1+r)^t=\frac{A}{P}\\t=log_{1+r}(\frac{A}{P})=log_{1+0.055}(\frac{100,000}{2000})=73

So, it will take 73 years.

3 0
2 years ago
Jerilyn is in the early stages of an inoperable cancer. she has prepared a signed and witnessed written document directing her f
klemol [59]

Answer:

Living will.

Explanation:

Living will can be described as a legal document in which an individual clearly states the type of treatment he or she will prefer in a situation whereby they are unable to communicate their wishes.

A living will enables an individual to make the right decision on the form of life support treatment that he or she would prefer to help aviod any form of confusion.

6 0
2 years ago
Read 2 more answers
Promotion to consumers is called ?
Arte-miy333 [17]

Answer: Sales promotion

Explanation: Sales promotions targeted at retailers and wholesale are called trade sales promotions. i think its right

5 0
3 years ago
One reason to buy a home instead of rent a home is:
Effectus [21]
Less money up front equals it to be better than renting an appartment
3 0
3 years ago
Read 2 more answers
Bauer Manufacturing uses departmental cost driver rates to allocate manufacturing overhead costs to products. Manufacturing over
Diano4ka-milaya [45]

Answer:

Instructions are listed below.

Explanation:

Giving the following information:

Manufacturing overhead costs are allocated based on machine-hours in the Machining Department and based on direct labor-hours in the Assembly Department.

Machining:

Machine-hours= 50,000

Manufacturing overhead costs= $ 280,000

Assembly:

Direct labor-hours= 40,000

Manufacturing overhead costs= $ 360,000

First, we need to calculate the estimated overhead rate for each department:

To calculate the estimated manufacturing overhead rate we need to use the following formula:

Estimated manufacturing overhead rate= total estimated overhead costs for the period/ total amount of allocation base

<u>Machining:</u>

Estimated manufacturing overhead rate= 280,000/50,000= $5.6 per machine hour

<u>Assembly:</u>

Estimated manufacturing overhead rate= 360,000/40,000= $9 per direct labor hour

Now, we can allocate overhead to Job 316:

Machining Assembly

Direct labor-hours 120 75

Machine-hours 45 5

Allocated MOH= Estimated manufacturing overhead rate* Actual amount of allocation base

Machining:

Allocated MOH= 5.6*45= $252

Assembly:

Allocated MOH= 9*75= $675

5 0
3 years ago
Other questions:
  • ___________ is a collection of materials and products of value that a company purchases to either create or provide a product or
    9·1 answer
  • Eleven years ago, Lynn Inc. purchased a warehouse for $315,000. This year, the corporation sold the warehouse to Firm D for $80,
    9·1 answer
  • They gather information and conduct research to determine what customers want. They also plan and develop products and make deci
    14·1 answer
  • An informal session of 6 to 10 customers in which a moderator asks their opinions about a firm's and its competitors' products,
    11·1 answer
  • The detailed formulation of future actions to achieve a particular end is a management activity called_________
    6·1 answer
  • Inflation occurs when the money supply in a country increases faster than output increases. True or False
    13·1 answer
  • A company set up a petty cash fund with $800. The disbursements are as follows:
    14·1 answer
  • Payroll records show employee earnings and any deductions from those earnings.<br> True<br> False
    13·1 answer
  • When people believe that past behavior is the best predictor of future behavior, they have __________ expectationsa. rational
    5·1 answer
  • Discuss three common<br> criticisms of marketing
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!