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Elden [556K]
3 years ago
14

An aid in internal control over payrolls that indicates employee attendance is:__________

Business
1 answer:
Sloan [31]3 years ago
8 0

Answer:

A. Time card.

Explanation:

This is explained to be an aiding method that has been used in calculating or taking records of the number of time calculated per hour an individual or a company staff must have spent or done in a site. This was seen in the 19th century to be done manually; but technology has taken it to different styles like finger printing etc. This in most cases help in control of payroll of every staff. This is mostly seen in factories and other places as the case may be.

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What could increase the value of your property
Irina-Kira [14]
A remodel, meet with a professional, up to date appliances, and many more...
4 0
3 years ago
Travers Manufacturing incurred $106,000 of direct labor and $11,000 of indirect labor. The proper journal entry to record these
olya-2409 [2.1K]

Answer:

$117,000

Explanation:

All costs incurred in manufacturing a product are recorded in the Work in Process Account. The Debit entry on this Account shows the increase in costs and the credit entry shows the transfer of goods to Finished Goods Inventory

So the Work In Process Account must be debited with the Total labor Cost incurred of $117,000 ($106,000 direct labor + $11,000 indirect labor)

Conclusion :

The proper journal entry to record these events would include a debit to Work in Process for $117,000

3 0
3 years ago
How do firms in asia (in this case, in thailand overcome market failure?
rusak2 [61]
They most likely drop the prices 
7 0
3 years ago
The Jacob Corporation acquired land, buildings, and equipment from a bankrupt company at a lump-sum price of $500,000. At the ti
4vir4ik [10]

Answer:

173,333.33

Explanation:

Lumpsum + Appraisal = Total Spent

500,000 + 20,000 = 520,000

Land + Building + Equipment = Total Fair Value

100,000 + 200,000 + 300,000 = 600,000

Building Costs:

Fair Value Building / Total Fair Value = % of the building cost to apply to the total spent x Total Spent

200,000 /600,000 = .3333 x 520,000 = 173,3333.33

8 0
3 years ago
Consider the scenario to answer the following questions: Two friends, Monica and Chandler, enjoy baking bread and making apple p
juin [17]

Answer: 2 Apple Pies.

Explanation:

As you may well know, the OPPORTUNITY COST of doing something is the gain you would have gotten if you did an alternative.

In this scenario therefore we will be simply answering that Monica would have done if she wasn't making 1 loaf of bread.

Monica takes 2 hours to bake a loaf of bread and 1 hour to bake a pie.

So what would happen if Monica had 2 hours free because she didn't make a loaf of bread?

If it takes just an hour to make an apple pie, Monica now has 2 spare hours so she will be able to make 2 Pies.

Therefore Monica's opportunity cost of making a loaf of bread is 2 Pies.

7 0
3 years ago
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