Answer:
Explanation:
Opening units 30000
Started 120000
150000
Closing 20000
Transffered 130000
Production Table W.Avg Method
A B C=A+B
Cost Element Complete Closing WIP Equivellant production
units
Material 130,000 20,000 (100%) 150,000
Coversion Cost 130,000 10,000 (50%) 140,000
The answer is b or a but I mean it both means the same thing, if this is on Plato it's a
Answer:
C. debit Raw Materials Inventory, $ 4 comma 000; credit Accounts Payable, $ 4 comma 000
Explanation:
The journal entry to record the raw material purchased on the account is as follows
Raw material inventory A/c Dr $4,000
To Account payable A/c $4,000
(Being the raw material is purchased on account)
Since the raw material is purchased, the same is increased the current asset so it would be debited while the account payable is credited as it also increased the current liabilities account
Answer:
The answer is "1.93 years".
Explanation:




that's why the Macaula duration is 1.93 years.