Which of the following statements are TRUE?

During the period, labor costs incurred on account amounted to $175,000, including $150,000 for production orders and $25,000 fo

Vadim26 [7]

Answer:

Correct option is D

Explanation:

Factory Overhead $25,000

Wages Payable $25,000

3 0

3 years ago

LIST THE 7 MOST GORGEOUS RUSSIAN SUPERMODELS.

kvv77 [185]

Dude, you've got your priorities all sorted out ahahah

7 0

3 years ago

Read 2 more answers

Craigburg has a working age population of 20 million. Of those, 11 million are employed and 1 million are unemployed. The unempl

sveta [45]

Answer:

8.3% - 60%

Explanation:

Unemployment rate is the total of unemployed divided by the total workforce. As the question says, there is 1 million of unemployed and the people able to work is 12 million (1 million unemployed plus 11 employed). So the unemployment rate is 1/12... which is 8.3%

The participation rate is the employed plus the people that have no job but are actively seeking for a job, divided by the population that is in working age. The people who has no job, is in working age and available to work and is actively looking for work is the unemployed (ILO definition of unemployment). So we have 1 million plus the 11 million of employed, we have a total of 12 million. So the participation rate is 12/20... which gives us 60%

7 0

3 years ago

Gabriella's business hasn't been doing well. She has a retail store where she is selling dog treats, baby clothes, and high-end

swat32

I'm pretty sure it's "She hasn't developed a targeted niche."

7 0

3 years ago

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A production department in a process manufacturing system completed its work on 84,000 units of product and transferred them to

daser333 [38]

Answer:

FIFO method equivalent units are obtained by adding the beginning WIP and units started and deducting the ending WIP.

The equivalent units under each of the three assumptions are

Materials Conversion 67,800 67,800

Materials Conversion56730 56730

Materials Conversion 69060 69060

Explanation:

Assumption 1 : all materials are added at the beginning of the process and conversion is 100% complete

Particulars Units % of Completion Equivalent Units

 Materials Conversion Materials Conversion 

BWIP 25,200 100 100 25,200 25,200

Add

Units Started 58,800 58,800 58,800

Less

Units Completed

16,200 16,200 16,200

Equivalent Units 67,800 67,800

Assumption 2:

Beginning Inventory is 40% complete as to materials and conversions and ending inventory is complete 75 %as to materials and conversions.

Particulars Units % of Completion Equivalent Units

 Materials Conversion Materials Conversion 

BWIP 25,200 40 40 10,080 10,080

Add

Units Started 58,800 58,800 58,800

Less

Units Completed

16,200 75 75 12150 12150

Equivalent Units 56730 56730

Assumption 3:

Beginning Inventory is 60% complete as to materials and conversions and ending inventory is complete 30 %as to materials and conversions.

Particulars Units % of Completion Equivalent Units

 Materials Conversion Materials Conversion 

BWIP 25,200 60 60 15,120 15,120

Add

Units Started 58,800 58,800 58,800

Less

Units Completed

16,200 30 30 4860 4860

Equivalent Units 69060 69060

FIFO method equivalent units are obtained by adding the beginning WIP and units started and deducting the ending WIP.

3 0

3 years ago