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3 years ago

The entry to record the flow of direct labor costs into production in a job order cost accounting system is to

Business

1 answer:

Nookie1986 [14]3 years ago

4 0

Answer:

Debit : Work In Process Account and Credit : Salaries and Wages Payable Account

Explanation:

All manufacturing costs are accounted for in a Work in Process Account during manufacture. Therefore Debit the Work In Process Account to show accumulation of the manufacturing costs and Credit the Salaries and Wages Payable Account to show the utilization of labor.

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According to Mikey, the founder, Holden Outerwear does not manufacture its garments in the United States because of the: aplicat

wolverine [178]

Answer:

Explanation:

The complete question is mentioned in attachment. According to 2nd line and 2nd last line, option d is the ocrrect answer.

3 0

3 years ago

Select the answer that best completes this sentence. Los pesos from different Spanish Speaking countries are _____

VMariaS [17]

I believe the answer is: different

The values of pesos from these spanish speaking countries are different depending on how good their performance in the market.

For example,

1000 mexican peso is equal to +/- 50 USD

1000 Argentine peso is equal to +/- 30 USD

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3 years ago

Read 2 more answers

Healthy Measures Inc. produces a Bath and Gym version of its popular electronic scale. The anticipated unit sales for the scales

lesantik [10]

Answer:

Explanation:

Production budget is a schedule of the number of units of goods that are to be produced using a forecast sales amount and the level of the opening and closing inventory

Bath Scale Gym Scale

Northern region 25,500 33,300

Southern region 27,500 28,900

Total 53,000 62,200

Opening inventory (1,200) ( 2,500 )

Closing inventory 900 2,700

Total units to be produced 52,700 62,400

Bath scale = 53000+900 -1200 = 52700

Gym scale = 62200+ 2700-2500 =62,400

7 0

3 years ago

The increase in total revenue that results from selling one more unit of output is A. marginal revenue. B. average revenue. C. m

egoroff_w [7]

Answer:

(i) Option (A) is correct.

(ii) Option (A) is correct.

Explanation:

(i) Marginal revenue refers to the change in total revenue obtained from the sale of an extra unit of a commodity. It is calculated by differentiating total revenue with respect to output. It is shown as:

$Marginal\ revenue=\frac{dTR}{dq}$

where,

TR = Total revenue

q = output

(ii) In a perfectly competitive market, price is equal to both average revenue and marginal revenue. Since, firms in a competitive market are not required to reduce the price of their product for selling more number of units. Hence, the average revenue remains the same at all the level of output. That's why average revenue in equal to the price under perfect market conditions.

Therefore, every additional unit of an output is sold at a same price, so the marginal revenue obtained from an extra unit is constant and hence, price is equal to the marginal revenue.

4 0

3 years ago

Which of the following statements is correct concerning product costs? A. Product costs are shown with current liabilities on t

Brut [27]

Answer: D. Product costs are expensed in the period the related product is sold

Explanation:

The statement that is true with regards to product cost is that product costs are expensed in the period the related product is sold.

It should be noted that the account for the cost of goods sold consist of product cost. In a situation whereby goods are not sold, the goods will be carried to the next period.

5 0

2 years ago