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Mandarinka [93]
4 years ago
5

LO 4.7In a job order cost system, utility expense incurred is debited to which account?

Business
1 answer:
marusya05 [52]4 years ago
8 0

Answer:

manufacturing overhead

Explanation:

To record the utility expense in a job order cost system, the manufacturing overhead account is debited as it has come under the manufacturing overhead cost like indirect material, indirect labor, rent on the factory, insurance of factory, etc

So, only the manufacturing overhead account is debited as the utility expense is incurred

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Which of the following statements best characterizes a basic difference between market economies and centrally-planned economies
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Answer:

d. None of the above are correct.

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3 years ago
When a bank has excess reserves, it can choose to turn its reserves into loans for consumers and businesses. Generally speaking,
topjm [15]

Answer:

reduce

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Note that the bank has excess funds and thus wants to increase the number of available loans which in turn increases investment in the economy. For this strategy to work, the bank will reduce the interest rate it places on loans in order to entice its customers to procure the loans it offers.

For example, a bank that usually gives out 150 loans at 15% Interest rate may because of new banking policy and excess reserve decide to increase its loan capacity to around 300 loans per annum at an interest rate of 10%.

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People often choose to expose themselves only to media outlets that express their views. What is this called? Group of answer ch
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