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jeka94
2 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]2 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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Boney Corporation processes sugar beets that it purchases from farmers. Sugar beets are processed in batches. A batch of sugar b
padilas [110]

Answer

Financial advantage from further processing    $31

Explanation:

<em>A company should process further a product if the additional revenue from the split-off point is greater than than the further processing cost.  </em>

<em>Also note that all cost incurred up to the split-off point (the cost of crushing) are irrelevant to the decision to process further .  </em>

<em>                                                                                                     $</em>

Sales revenue after the split off point( 64+64)                       128

Sales revenue at the split-off point (16+47)                            <u> 63</u>

Additional sales revenue                                                          65

Further processing cost ( 15+19)                                              <u>(34 )</u>

<em>Net income after further processing                                        31</em>

Financial advantage from further processing    $31

4 0
3 years ago
Read 2 more answers
Buck Rogers sells fiberglass resins and fiberglass wire to the many small sailboat manufacturers in southern California. He take
elixir [45]

Answer:Drop-shipper

Explanation:Dropshipping is an arrangement between a business and the manufacturer or distributor of a product the business wishes to sell in which the manufacturer or distributor--and not the business--ships the product to the business's customers.

Dropshipping is a service offered by (some, not all) Wholesalers. When you use a Wholesaler who offers Drop Shipping you don't have to worry about stocking or shipping products. Instead, when you get an order from a customer, you contact your wholesaler and they ship it to your customer for you.

3 0
2 years ago
Consumers sell goods or services for a profit.<br><br> True<br> False
Alenkinab [10]
The answer is True. because in Economics when the MC is equal to ATP the seller losses and leave the market.
Also profit motivate seller.
3 0
3 years ago
The company is in the process of preparing a cash budget and must determine the expected cash collections by month. To this end,
nydimaria [60]

Answer: $186,000

Explanation:

January is the 2nd month from November which means that all of November's $31,000 will be collected in January.

January is the first month after December so 30% of December sales should be collected in January. 50% has already been collected in December and this left $50,000.

Total credit sales in December must have been:

= 50,000 / 50%

= $100,000

Amount to be collected in January for December:

= 100,000 * 30%

= $30,000

Amount to be collected from January credit sales:

= 50% * 150,000

= $75,000

January cash sales = $50,000

Total cash in January :

= 31,000 + 30,000 + 75,000 + 50,000

= $186,000

4 0
2 years ago
Use what you have learned about demand to answer the question. Based on the law of demand, when the price of a specific good dec
Readme [11.4K]

Answer:

The answer is: It will increase.

Explanation:

According to the law of supply and demand, when the price of an specific good or service decreases, the quantity demanded for that good or service will increase.

For example, if the price for a movie ticket is $10, 100 people will go to the movies. If the movie theater starts a promotion and lowers the price for movie tickets to $6, many more customers will be willing to go the movies. Either because they believe watching a movie in the theater is worth 6$ or more, or because they will now be able to afford going to the theater.  

6 0
3 years ago
Read 2 more answers
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