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ankoles [38]
3 years ago
15

If scrap, common to all jobs, is returned to the storeroom and the time between the scrap being inventoried and its disposal is

quite lengthy, the journal entry is: Work-in-Process Control Materials Control Materials Control Work-in-Process Control Manufacturing Overhead Control Materials Control Materials Control Manufacturing Overhead Control
Business
1 answer:
Lapatulllka [165]3 years ago
7 0

Answer:

d

Explanation:

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When receiving inventory, you should do which of the following?
Maurinko [17]

Answer:

what are the answers

Explanation:

8 0
3 years ago
Rolling Hills Golf Course is planning for the coming golfing season. Investors would like to earn a 10% return on the company's
Damm [24]

Answer: $75.33

Explanation:

First find the total costs of a round of golf for the entire season:

= Fixed costs + Variable costs

= 30,000,000 + (17 * 600,000 rounds)

= $40,200,000

They would like to earn 10% on 50,000,000 which is $5,000,000

The revenue should therefore be:

= Costs + Expected return

= 40,200,000 + 5,000,000

= $45,200,000

Price per round to achieve this:

= Revenue / Rounds of golf

= 45,200,000 / 600,000

= $75.33

6 0
2 years ago
Orange Cable TV Company, an accrual basis taxpayer, allows its customers to pay by the year in advance ($500 per year), or two y
Lisa [10]

Answer:

D. $222,000 in 2018.

Explanation:

One-eighth (3/24) of the payments on the two-year contracts were earned (1/8 × $144,000 = $18,000) and one-fourth (1/4 × $128,000 = $32,000) of the payments on the one-year contracts were earned in 2017 and is included in 2017 gross income. The balance of the payments of $222,000 ($272,000 - $18,000 - $32,000) must be included in 2018 gross income.

8 0
3 years ago
In the current labor market, suppose that the wage rate for accountants is significantly higher than the wage rate for economist
Citrus2011 [14]

The best explanation for the rise in economist salaries and the fall in accounting salaries would be (B) The supply of economists must have decreased, and the supply of accountants must have increased.

<h3>Why is this the best explanation?</h3>

When there is a decrease in the supply of a commodity, its prices will go up. The salaries of economists went up because the number of economists available, decreased.

When there is an increase in the supply of something, the price will decrease. This is why the accountants saw their salaries decrease - the number of accountants available increased.

In conclusion, option B is correct.

Find out more on demand and supply at brainly.com/question/4804206.

4 0
2 years ago
A disclosed principal is a principal whose identity is known by a third party with whom an agent contracts on the principal's be
Sedaia [141]

Answer: The correct answer is true.

Explanation: A disclosed principal is a principal whose identity is known by a third party with whom an agent contracts on the principals behalf, making this statement true.

7 0
3 years ago
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