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timama [110]
3 years ago
8

Starr Company reports the following information for August. Raw materials purchased on account $ 81,800 Direct materials used in

production $ 53,600 Factory wages earned (direct labor) $ 19,550 Overhead rate 135 % of direct labor cost Prepare journal entries to record the following events. Raw materials purchased. Direct materials used in production. Direct labor used in production. Applied overhead.
Business
1 answer:
maria [59]3 years ago
5 0

Answer:

Entry:  Dr Raw material 81800

                   Cr Accounts payable 81800

       ( To record raw material purchased on account)

Entry: Dr Work in process 53600

               Cr Raw material                53600

     ( To record material used in production)

Entry: Dr Work in process ( 19550 *135%= 26392) 26392

                   Cr Applied factory overhead                          26392

      (To record applied overhead )

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What best describes the example/instance for building a model to identify cross-sell opportunities (trying to convince people to
allsm [11]

Answer:

d) All current customers who up to a certain point in time have NOT bought in the jewelry category but did buy jewelry in the next time frame

Explanation:

Cross-sell opportunities are employed by online and in-person marketers with the aim of convincing buyers to chose another product from a product category that they are interested in. For example, if the customer bought a necklace, the site might suggest that users who bought a necklace also bought a pendant. The aim of this suggestion is to convince the consumer to purchase an item that might be useful to him judging from the products he just indicated interest in.

Therefore, a good cross-sell model will identify customers who bought jewelry but not from a particular jewelry category.

8 0
3 years ago
A process includes 9 tasks and there are 3 workers. Each task can be assigned to only one worker and each worker must be assigne
Katen [24]

Answer:

24.8 per hour

Explanation:

There are 3 workers and hence are three workstations. Consecutive activities are assigned to each workstation such that workload is as uniform as possible

Hence the time in each workstation (WS) is,  

WS1 = 45+55+15 = 115 seconds

WS2 = 25+50+5+30 = 110 seconds

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Workstation 3 has the highest processing time and hence is the bottleneck and determines the capacity of the process

Therefore capacity = 1/145 per second = 3600/145 per hour = 24.8 per hour

8 0
3 years ago
Which of the following could cause an appreciation of the real exchange rate in a small open economy? A decrease in the domestic
Savatey [412]

Answer: An increase in government spending

Explanation:

Currency appreciation is an increase in the worth of one currency against the value of another currency. Due to the appreciation of a currency, imports get cheaper.

In a small open economy, the appreciation of the real exchange rate can be caused by an increase in government spending as this puts pressure on domestic currency to appreciate, which leads to current account deterioration.

7 0
3 years ago
Which type of investment involves lending money and charging interest on it?
Pavel [41]
C. Debit investment
6 0
3 years ago
Which of the following statements refers to rent seeking? "There is an opportunity cost whenever the federal government spends t
puteri [66]

<u>Answer:</u>

<u><em>Laws passed by the federal government often provide benefits for a small number of individuals. These individuals, in turn, have an incentive to contribute to the campaigns of politicians who pass these laws</em></u>

<u>Explanation</u>:

When individuals or firms cunningly try to get benefits from government at the detriment of others it term rent seeking.

Implying they seek shelter under this laws that benefit them the most.

For example, certain tax laws may favor the weather citizens of a country and they (the wealthier citizens) may take advantage of that.

3 0
3 years ago
Read 2 more answers
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