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
solniwko [45]
3 years ago
7

Dawn Manufacturing’s records show a journal entry was made debiting Work in Process Inventory and crediting Raw Materials Invent

ory for $100. The journal entry was made to record which of the following events? 1. Direct materials were placed into production 2. A materials requisition slip was prepared and approved A : 1 only B : 1 and 2 C : 2 only D : Neither 1 nor 2
Business
1 answer:
vazorg [7]3 years ago
6 0

Answer:

The correct answer is option (B) 1 and 2

Explanation:

Solution

The journal entry for Direct materials were set into production or materials requisition slip was approved or prepared.

JOURNAL ENTRY FOR DAWN MANUFACTURING RECORDS

                                            Debit ($)         Credit ($)

Work in Process Inventory  100

The raw Material Inventory                          100

Therefore from the journal stated above the entry was made to record direct materials and materials requisition slip prepared  

The option B is the right choice.

You might be interested in
What is the primary purpose of a mission statement
Alex17521 [72]
The mission statement<span> should guide the actions of an organization, spell out its overall goal, provide a path, and guide decision-making. It provides "the framework or context within which the company's strategies are formulated". It is like a goal for what a company wants to do for the world.</span>
6 0
3 years ago
Why is education base of an occupation? Explain.​
irga5000 [103]

Occupational education refers to a total program of education oriented to the world of work. Occupational education should be gin to take form in the elementary school with a basic introduction to the world of work in terms appropriate to the maturity level of the students.

7 0
3 years ago
An Internet business prides itself in its ability to fill customer’s orders in six calendar days or less on average. Periodicall
LenaWriter [7]

Answer:

Answer is explained in the attachment.

Explanation:

Download pdf
3 0
4 years ago
A flexible-budget variance is $800 favorable for unit-related costs. This indicates that costs were: _____________
Galina-37 [17]

Answer: $800 less than standard for the achieved level of activity

Explanation:

A flexible budget variance refers to the difference that occurs between the results that are gotten by a flexible budget model and the actual results gotten.

Since the flexible-budget variance is $800 favorable for unit-related costs, this indicates that costs were $800 less than standard for the achieved level of activity.

Therefore, the correct option is D.

6 0
3 years ago
Suppose a company makes an investment and opens another factory. In 1 or 2 sentences, explain how this investment directly creat
marysya [2.9K]
When a company makes an incestment by opening a new factory, they need employees for this factory. The company might transfer some employess from previous factories to be the managers, but then they need more employees to do the rest of the work. So they will place help wanted ads to get more employees. This will create more jobs for the unemployed and even for the employed who are looking for a better job.
7 0
4 years ago
Read 2 more answers
Other questions:
  • Parts and materials for skis made by Company C are supplied by two suppliers. Supplier​ A's materials make up 27​% of what is​ u
    12·1 answer
  • Which of these job descriptions is least likely to fall under an events manager?
    13·1 answer
  • Your order is supposed to be delivered between 5PM-6PM, and it’s now 5:45PM. You’re stuck in a long line waiting to check out. I
    7·2 answers
  • Tv show suggestions?
    15·2 answers
  • The situation in which a person places greater value on a good as fewer and fewer people possess it is called the
    11·1 answer
  • Shiva returned goods worth Rs 2000 and received cash Rs 8000
    10·2 answers
  • Isaiah is in his 50s and currently does not have a retirement fund. However, he recently read a few articles about the insuffici
    5·1 answer
  • A European call and put option on the same security both expire in three months, both have a strike price of 20, and both sell f
    15·1 answer
  • 2 points Time Remaining 5 minutes 36 seconds00:05:36 eBookItem 2 Time Remaining 5 minutes 36 seconds00:05:36 Brad proposed the p
    7·1 answer
  • In the short run, a perfectly competitive firm will maximize profits (minimize losses) by producing the level of quantity at whi
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!