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pishuonlain [190]
3 years ago
13

Stefan Ceramics is in the business of selling ceramic vases. It has two departments - molding and finishing. Molding department

purchases tungsten carbide and produces ceramic vases out of it. Ceramic Vases are then transferred to finishing department, which designs it as per the requirement of the customers. During the month of July, molding department purchased 500 kgs of tungsten carbide at $60 per kg. It started manufacture of 4,000 vases and completed and transferred 3, 200 vases during the month. It has 800 vases in the process at the end of the month. It incurred direct labor charges of $1,000 and other manufacturing costs of $500, which included electricity costs of $200. Stefan had no inventory of tungsten carbide at the end of the month. It also had no beginning inventory of vases. The ending inventory was 50% complete in respect of conversion costs. The journal entry to record tungsten carbide purchased and used in production during July is Select one Work in Process-Molding $2, 400 Accounts Payable Control $2, 400 Work in Process-Molding $3,000 Accounts Payable Control $3,000 Accounts Payable Control $2, 400 Work in Process-Molding $2, 400 Accounts Payable Control $3,000 Work in Process-Molding $3,000
Business
1 answer:
lakkis [162]3 years ago
6 0

Answer:

Explanation:

The journal entry is shown below:

Work in Process-Molding A/c Dr $3,000

     To Accounts Payable Control               $3,000

(Being the purchase and used production is recorded)

The computation of the purchase amount is shown below:

= Number of kgs purchased × price per kg

= 500 kgs × $60

= $3,000

The other information which is given is not considered. Thus, ignored it

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Answer: portfolio

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On December 1, 2020, Bramble Corporation incurs a 15-year $1300000 mortgage liability in conjunction with the acquisition of an
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The portion of the second monthly payment made on January 31, 2021, which represents repayment of principal is $15600.

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6 0
2 years ago
Un trabajador que gana $ 265 diarios, trabaja el domingo que no es su día de descanso, $ 21 de despensa, trasporte $ 25 pagado e
valentinak56 [21]

Responder:

Explicación:

Esta pregunta no solicitó qué responder, sin embargo, podemos conformarnos con la información que se nos proporcionó.

paso uno:

datos dados

Ganancias por día = $ 265

nos dicen que también trabaja los domingos

esto significa que trabaja los 7 días de la semana y los 365 días del año.

El 12% de las ganancias es para ahorros = 12/100 * 265

0,12 * 265 = $ 31,8

también se nos dice que lleva 3 años en servicio

por lo tanto, el número total de días es = 365 * 3 = 1095 días

La ganancia total por día durante tres años = 265 * 1095 = $ 290,175

Segundo paso:

Costo total de comestibles durante 3 años = 21 * 1095 = $ 22,995

Costo total de transporte durante 3 años = 25 * 1095 = $ 27,375

Ahorro total durante 3 años = 31,8 * 1095 = $ 34,821

Costo total de dos comidas durante 3 años = 26 * 1095 = $ 28,470

Paso tres:

Por lo tanto, la deducción total de sus ganancias durante 3 años es

= 22,995 + 27,375 + 34,821 + 28,470 = $ 113661

Y el saldo disponible será 290,175-113661 = $ 176514

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3 years ago
Pls help me and merry Christmas
ser-zykov [4K]

Answer:

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8 0
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Read 2 more answers
suppose the returns on long term corporate bonds and T-bills are normally distributed. Based on the values below answer the foll
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Answer:

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attached below is the missing part of your question

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