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gavmur [86]
3 years ago
6

The balance column in a ledger account is:

Business
1 answer:
mart [117]3 years ago
7 0

Explanation:

Balance Column Ledger Account. An account with debit and credit columns for recording entries and a third column for showing the balance of the account after each entry is posted. the data from the balance sheet is used to set up the accounts.

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Warp Manufacturing Corporation uses a standard cost system to collect costs related to the production of its ski lift chairs. Wa
Flura [38]

Answer:

A. $37,400 unfavorable

Explanation:

With regards to the above, variable overhead spending variance is computed as

= (Actual hours × Actual rate) - (Actual hours × standard rate)

= $649,400 - ( 34,000 × $18)

= $649,400 - $612,000

= $37,400 unfavorable

Therefore, Warp's variable overhead spending variance for the month of September is $37,400 unfavorable

7 0
2 years ago
Assume Clarks cannot estimate the standalone selling price of a pair of SunBoots sold without a coupon. Prepare a journal entry
kicyunya [14]

Answer and Explanation:

The journal entry is shown below:

Cash Dr (1,000 × $65) $65,000  

     To Sales revenue $59,000  

     To Deferred Revenue -Discount coupon  $6,000

(1,000 × $100 × 30% × 20%)

(Being the sales revenue is recorded)

here the cash is debited as it increased the assets and credited the sales revenue and deferred revenue as it increased the revenue and liabilities

7 0
2 years ago
What is indigenous bookkeeping
Mumz [18]
<span>a casual operation where few records are kept of income, expenses, stock and other items. </span>
6 0
3 years ago
Derst Inc. sells a particular textbook for $27. Variable expenses are $20 per book. At the current volume of 43,000 books sold p
NISA [10]

Answer:

d. 301,000

Explanation:

Given that the cost per textbook is $27, we know that the addition of variable and fixed Cost gives total cost.

We will multiply variable cost per textbook of $20 with current volume of book sold per year 43,000, which gives a total variable cost of $860,000.

Also, total cost would be 43,000 multiplied with $27 , which is $1,161,000 minus the total variable cost of $860,000 equals $301,000 which is the associated fixed cost.

8 0
2 years ago
What are the three types of economic resources? Give an example of each type of resource.
fiasKO [112]

"The three types of economic resources are also referred to as factors of production. Land (including all natural resources), Labor (including all human resources), Capital (including all man-made resources), and when you combine all of those you get production. "


8 0
3 years ago
Read 2 more answers
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