Answer:
C. the Inventory account.
Explanation:
Under a perpetual inventory system, acquisition of merchandise for resale is debited to the Inventory account.
Answer and Explanation:
The matching is as follows:
1. Cash receipts journal - since cash is received
2. General journal - since the items is returned
3. Purchase journal - since purchase is done
4. Purchase journal - since purchase is done
5. Cash disbursement journal - since cash is paid
6. Cash disbursement journal - since cash is paid
7. Purchase journal - since purchase is done
8. General journal - since expenses are recorded
9. General journal - since the items is returned
10. Cash receipts journal - since cash is received
C. Introducing new products with limited associated advertising
Answer:
Unitary production cost= $94
Explanation:
Giving the following information:
Variable costs per unit:
Direct materials $ 38
Direct labor $ 53
Variable manufacturing overhead $ 3
<u>The variable costing method incorporates all variable production costs (direct material, direct labor, and variable overhead). Variable selling and administrative expense is a period cost. </u>
Unitary production cost= 38 + 53 + 3
Unitary production cost= $94
