Kilbuck Manufacturing operates in a lean manufacturing environment. Kilbuck’s actual conversion costs for the month of May follow:
<span><span>Direct and indirect labor $150,000
</span><span>Machine depreciation $85,000
</span><span>Maintenance and supplies $60,000
</span><span>Total conversion costs <span>$295,000
<span>The journal entry to record April's conversion costs will include:
</span>D. A debit to Raw and In Process Inventory
</span></span></span>Raw materials of all kinds are measured at the start<span> recorded into </span>a list plus<span> account with a debit to the raw materials inventory account and a credit to the accounts </span>collectible<span> account.When raw materials </span>are<span> consumed, the accounting treatment varies, </span>betting on<span> their </span>standing<span> as direct or indirect materials.</span>
Answer:
3-5 people
Explanation:
It's called a focus group for a reason. If there were 8-12, or 10-12 people, the others might not be able to focus. But there are people who need others to focus, so 3-5 would be a perfect number per group.
hope it helps! :3
Answer: $1,256
Explanation:
Milo makes 6% on the sales that he makes.
The $75.36 that he made from this sale is therefore 6% of the cost of the item sold.
Assuming the item was x, the cost is;
6% * x = 75.36
x = 75.36/6%
x = $1,256
Answer: The correct answer is "b.relieves Nero of liability on the check.".
Explanation: If on the back of a check payable to Nero, Nero writes "Pay to Odell, without recourse" and signs it. This relieves Nero of liability on the check.
Nero writing "pay Odell, without recourse" on the back of the check, transmits the rights of the title, but adding the clause "without recourse" that frees Nero from the responsibility for the payment of the check, that is, in In case of non-payment, Odell can not take action against Nero, but against the drawer of the check or other obligors that respond jointly and severally.
Answer: GAMA Corp. has a lower times interest earned (TIE) ratio
Explanation:
The times interest earned (TIE) ratio simply means how the ability of a company to meet its debt obligations is being measured based on the current income that the company has.
Since GAMA Corp. has a higher debt to asset ratio and, therefore, a higher interest expense, it simply means that GAMA Corp. has a lower times interest earned (TIE) ratio when compared to FAMA Corp.
Therefore, the correct option is A.
