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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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Faultlines are most likely to occur when teams
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have developed through to the performing stage

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3 years ago
Parsons Company is planning to produce 2,900 units of product in 2020. Each unit requires 2.00 pounds of materials at $7.00 per
olga55 [171]

Answer:

Results are below.

Explanation:

<u>First, we need to calculate the total cost of producing 2,900 units:</u>

Total cost= direct material + direct labor + allocated overhead

Total cost= (2*7)*2,900 + (0.5*16)*2,900 + [(0.5*16)*0.6]*2,900

Total cost= 40,600 + 23,200 + 13,920

Total cost= $77,720

<u>Now, the unitary standard cost:</u>

Unitary cost= total cost/number of units

Unitary cost= 77,720 / 2,900

Unitary cost= $26.8

3 0
3 years ago
(Advanced analysis) The demand for commodity X is represented by the equation P = 10 - 0.2Q and supply by the equation P = 2 + 0
ioda

Answer:

Q = 10

Explanation:

Assuming that supply remains the same, the new supply and demand equations are, respectively:

P_S = 2 + 0.2Q\\P_D = 7 - 0.3Q

The equilibrium quantity occurs at the point for which the prices in the supply and demand equations are the same:

2 + 0.2Q = 7 - 0.3Q\\0.5Q=5\\Q=10

The new equilibrium quantity is Q = 10.

5 0
4 years ago
company pays each of its workers on a per diem basis. if another worker is​ hired, fixed costs will increase while variable cost
JulijaS [17]

A company pays each of its workers on a per diem basis. If another worker is​ hired,

variable costs will increase while

fixed cost will remain the same.

<h3>What is the difference between fixed and variable?</h3>
  • The amount of product generated determines the fluctuation in variable costs. Raw materials, labor, and commissions are examples of variable expenses. Regardless of the level of production, fixed expenses stay constant. Lease and rental payments, insurance, and interest payments are fixed costs.
  • Costs that change as the volume increases are known as variable costs. Raw materials, piece-rate labor, production supplies, commissions, shipping expenses, packing costs, and credit card fees are a few examples of variable costs. The "Cost of Goods Sold" is the name given to the variable costs of production in some accounting statements.
  • Some examples of fixed costs are rent, lease payments, salary, insurance, property taxes, interest fees, depreciation, and possibly certain utilities. For instance, a new business owner would probably start off with fixed costs like rent and managerial wages.
  • Property taxes, rent, salary, and the cost of benefits for non-sales and management staff are examples of fixed costs. They are one of the three categories of expenses that most companies face. Costs that are changeable or semi-variable are the others.

A company pays each of its workers on a per diem basis. If another worker is​ hired,

variable costs will increase while

fixed cost will remain the same.

To learn more about fixed cost, refer to:

brainly.com/question/3636923

#SPJ4

5 0
2 years ago
On January 1, 2013, the stockholders of Phillips and Solina agreed to a consolidation. Because FASBrequires that one party be re
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if you pay for money in have discussed about payment for your government and your country in 2012

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