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jeka94
3 years ago
6

A materials requisition slip showed that direct materials requested were $96000 and indirect materials requested were $9000. The

entry to record the transfer of materials from the storeroom is__________.
Business
1 answer:
sesenic [268]3 years ago
8 0

Answer and Explanation:

Work In Process Inventory            $96,000

Manufacturing Overhead              $9,000

Raw Materials Inventory               $105,000

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Greenbelt Construction has been a successful small home-building firm for years. The owner pays subcontractors slightly more tha
kipiarov [429]

Answer: Option (E)

Explanation:

Supply chain management is referred to as or known as broad/wide range of activities which are required in order to control, plan, and execute a commodity's flow, i.e. from the primary stage of acquiring raw material and thus production to the final stage of distribution to consumer, in most streamlined, efficient and effective way that is possible.

In other words it encompasses or encloses integrated execution and planning of a procedure which is required in order to optimize flow of the material, financial capital and information in areas which include sourcing, demand planning, production, storage and inventory management, logistics and also the return of defective products.

4 0
3 years ago
The price of bread goes up. What happens to DEMAND for butter?
nikklg [1K]

Answer:

A. The demand curve shifts to the left

Explanation:

Bread and butter are compliment goods. They offer the consumer a high utility when consumed together. An increase in demand for bread will increase the demand for butter.  Changes in the price of bread will affect the demand for butter.

An increase in the price of bread leads to a decrease in demand. Reduction in bread demand means that butter consumption will decline as there will be less bread to apply butter. A decrease in demand will prompt the demand curve to shift inwards.

3 0
3 years ago
Spielberg Inc. signed a $170,000 noninterest-bearing note due in five years from a production company eager to do business. Comp
GaryK [48]

Answer:

$100,890

Explanation:

To determine the value of the debt we must calculate the present value of the note:

present value = future value of the note / (1 + interest rate)⁵

present value = $170,000 / (1 + 11%)⁵ = $170,000 / 1.11⁵ = $170,000 / 1.685

present value = $100,890

7 0
3 years ago
If the unit sales price is $12, variable costs are $6 per unit, and fixed costs are $36,000, what sales volume (in dollars) is n
puteri [66]

Answer:

72000

Explanation:

Break even formula:

Break even in units=Fixed cost/Contribution margin per unit

= $ 36,000 / $ 6

= 6,000 Units

[Contribution margin=Sales price-Variable cost=12-6]

Break Even in Dollars = Break Even in Units * Selling Price Per Unit

= 6,000 Units * $ 12 Per Unit  = $ 72,000

3 0
3 years ago
Maple Corp. owns several pieces of highly valued paintings that are on display in the corporation's headquarters. This year, it
klemol [59]

Answer:

$100,000

Explanation:

If the individual transfers personal property to a tax-exempt entity and the corporation uses the asset in a similar way to its tax-exempt intent, the individual is entitled to subtract the property's fair value.

in this scenario, Maple Corp. has the right to deduct $100,000 (market value of painting) from his taxable income.

4 0
2 years ago
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